Mortgage Rates On The InternetMinneapolis, MN: Buying or refinancing a home is typically the largest financial transaction of your life. Shopping for the best interest rate just makes sense, but as with so many other things, caveat emptor, or latin for "let the buyer beware."Many lenders post their interest rates on their web sites. Sadly, day in and day out, I must constantly show clients that what they though they were looking at, isn't exactly what they were looking at.While we show national average interest rates in the USA on our web site, I'm even hesitant to do that because people just assume "that is their rate", while really it is more of just giving people an idea of where rates are hovering, versus what any particular client may actual get. There are many reasons posting rate... 05/24/2022

June is National Homeownership MonthMinneapolis, MN:  We all need a place to live. While renting works for many people, especially short-term, homeownership has a well documented history of major benefits, proving why throughout history so many people are eager to buy a home.From a place to call home, lay down roots to raise a family, being able to have a dog, and crank up the stereo without being yelled at, to building wealth, nothing beats homeownership.We all know that real estate is one of the best ways to build wealth. A recent Federal Reserve survey found that the medium net worth of a homeowner is $255,000, compared to the medium net worth of a renter, at just $6,000.While savings, 401k, and other investments help contribute to net worth, for most, your home is your biggest asset... 05/19/2022