MN Mortgage Matters

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Mortgage and Lending - Guaranteed Rate Mortgage - NMLS #386349
RECENT BLOG POSTS
Do You Pay the Lowest Mortgage Payments Available in Last 15 Years? With extremely low home prices and mortgage interest rates, owning a home has been the most affordable it’s been in the past 15 years and has become less expensive than renting in many metro areas. In 12 of 27 recorded metro area...
12/05/2011
10 Reasons for Buying a New Home vs. a Resale House With today’s existing homes market bloated with foreclosures and older homes, a new home may be less appealing when comparing the price tags. But whether you’re a first-time home buyer, or looking to invest, there are ten big reasons why you may...
12/02/2011
Market Report for Today and Tomorrow Mortgages are putting in yet another impressive day this AM after tightening to the curve by nearly 5 tics each of the last 3 sessions. The unwinding of risk by investors has created a lift-a-thon for MBS, which have been met by waves of heavy buying. MBS shru...
12/01/2011
5 Steps to Improving Your Credit Score There are no quick fixes when it comes to your credit. However, if you're willing to take the time, you will eventually be able to raise it through careful budgeting and management. With these five steps, you may be able to considerably improve your credit s...
11/30/2011
How Low Can Home Prices Go? Home prices have been at all time lows, having dropped 6% over the past four quarters (which ended June 30). But according to analysts at Fiserv, they might have not hit bottom yet. They believe we could see an additional 3.6% fall by the second quarter next year. They...
11/29/2011
November Economic Reports: Which Reports Will Affect Mortgage Rates With Thanksgiving over and everyone’s pants a little tighter, we begin our descent into the end of 2011. This week brings us many economic reports as we round out the month of November, especially come Friday. Reports for Novembe...
11/28/2011
Three Answers for More Clients and Houses Sold Potential Homeowner: Will Home Prices Continue to Fall?The falling home prices are due to the hesitancy of qualified homebuyers to reenter the market. However with mortgage rates at historic lows on top of extremely low home prices, buyers will begin...
11/26/2011
HARP’s New Changes Yesterday, changes to the Home Affordable Refinance Program or HARP were announced in the hopes of attracting eligible borrowers towards refinancing. While specific guidelines won’t be released until November 15th, we’re here to break down what these changes are and how it affe...
11/24/2011
Q: A client’s friend recently bought a home and told my client the mortgage process was a nightmare in terms of documentation. Specifically, she said that the loan officer kept asking her for documentation on deposits into her accounts. How do I avoid this with my client? A: If you were to talk ...
11/23/2011
You’re Purchasing a Home, Not a House At Guaranteed Rate, we write a lot of content how statistically, it’s a perfect time to purchase a house right now with low prices and even lower rates. However, there are many more benefits to purchasing a house than getting a good deal. You’re buying a home...
11/23/2011
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Chad Ronning

Conventional, FHA, VA, USDA
smartphone(612) 250-1544
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My goal is to articulate my opinions on mortgage and real estate related news and reports.