Minnesota Mortgage Blog - Mortgage and Real Estate News You Can Use

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Mortgage and Lending - Cambria Mortgage - NMLS 274132
Mortgage industry news and insights from a 15+ year industry expert. Mortgage and Real Estate News You Can Use
The Federal Housing Finance Agency (FHFA), who oversee both Fannie Mae ™ and Freddie Mac ™ has officially announced the new conforming mortgage loan limits for 2022. Homebuyers will now be able to get a conventional mortgage to purchase a one-unit home for up to $647,200 in the states we lend of ...
Mortgage Closing Guarantees – Fact or Fiction - Don’t be fooled. Minneapolis, MN:  We are starting to see them pop up everywhere, mortgage companies,  mortgage brokers, and lenders, making these great sounding mortgage closing guarantees, where they make claims of paying $500, $5,000, or ever $10...
Historical mortgage rate trendsOver the years, mortgage rates have reached shocking highs, and amazing lows. From the high of 18 percent in the early 1980s, to current rates around 3.00%.  Here is a summary of the average 30-year fixed mortgage rate for the last 10-years: 2021 YTD Year 30-year fi...
Minneapolis, MN:  Smart people know to shop at least a few mortgage lenders when buying or refinance a home. The typical search these days is done on the internet via your favorite search engine.You are quickly bombarded with results like Best Mortgage Lender, Top Mortgage Lenders, 10 Best Mortga...
Increase your sales with special investor financing.  Our popular "common sense" approach to no documentation investor loans are designed specifically for investors wanting to buy more properties, but who may have trouble with standard financing due to write-offs on their tax returns.  Basic qual...
The members of the 2021 list of Super Mortgage Professionals™ have been identified and have been published in the November issues of Minneapolis. St. Paul Magazine and Twin Cities Business Magazine. Cambria Mortgage is pleased to announce that eight Loan Officers made the list and are among the ...
Minneapolis, MN: Navigating today’s housing market is anything but simple. Buyers are seeing multiple offers to compete with on nearly every home, contract terms that heavily favor the seller and it’s rare to see a home go for less than list. This market requires buyers to be quick on their feet ...
Minneapolis, MN: Mortgages guaranteed by the Department of Veterans Affairs ( VA Loans ) were among some of the most popular home loan last year, as thousands of current and former servicemen and servicewomen used the program to buy or refinance their houses. New Legislation Expands EligibilityUn...
Are you searching for your dream home?Maybe you've just found it, and are wondering what's next?A good first step is to always pre-qualify for a mortgage so you know how much you may be able to borrow.  A pre-qualification also is required to make an offer, and  lets sellers and real estate agent...
Minneapolis, MN: We all know closing costs can be pretty expensive when getting a home mortgage loan.  You may have also seen advertisements for no closing costs, and no lender fee loans, and wondered how it all works. Read more, as I shed the bright light on how lending really works.Real or a Sc...

Joe Metzler

Sr Loan Officer
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Mortgage industry news and insights from a 15+ year industry expert. Mortgage are Real Estate News You Can Use. Joe is a Certified Minnesota Mortgage Specialist, who provides home mortgage loans not only in the Minneapolis, St Paul area, but all of Minnesota and Wisconsin.