No one can tell you with 100% certainty that rates will go up or down tomorrow, next week or a month from now. The mortgage market is a market that has two main competitors: U.S. treasury notes and corporate bonds. It is this constant battle between the floor (U.S. treasury notes) and the ceiling (corporate bonds) that causes rates to rise and fall consistently.
Read MoreReal Estate Investing is a wonderful world to get into if you have the time and perseverance to succeed. The word investing is something I think about every minute of every day. It has honestly been the most important part of my life since I was 18. For me, it was more than just investing a few bucks in a stock or mutual fund, it’s been a lifestyle for me and it’s something motivates me every day.
Read MoreBeing a life long Duluthian I know firsthand what this great city has to offer. The first thing that comes to out-of-towners minds are the harsh winters, with mountains of snow and wind blowing so hard that you have to make sure grandma doesn’t drift away.
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Read MoreBuying your first home is one of the most exhilarating experiences a person can have! A recent study showed that most renters didn't even know that they could buy! So maybe you’re tired of throwing away money every month on rent and are finally ready to pull the trigger and purchase your first home. You probably have some questions. I’m here to tell you everything you need to know.
Read MoreYou probably instinctively realize that rising interest rates will affect home buyers. The interest rate you pay can make a big difference in the size of the home loan you will qualify for as well as the price of the home you’ll be able to buy.
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