Minneapolis Mortgage News

Record low mortgage rates for first-time home buyers in MN
At the moment, Minnesota Housing, which helps an average of 2,300 first-time buyers find homes each year, is offering interest rates as low as 3.75 percent on a 30-year fixed rate mortgage.

Should you stretch out a refinance?
It might make more sense to increase the length of your mortgage to free up some cash.

Minneapolis home prices up sharply, outpacing national average
WASHINGTON -- Home prices in Minneapolis rose faster in June than in almost any other city in the nation.

U.S. jobless rate may signal a permanent shift
Structural change in labour market may be behind lack government intervention’s lack of success

The cost of long-term care
Some insurance decisions are easy. Take life insurance. You know you need it to replace the income your spouse and kids would lose if you died. Insurers don't have much leeway to dispute claims for death benefits because "deceased" is a pretty definite condition.

Quest for the perfect credit score
A major league pitcher dreams of throwing a perfect game. High schoolers eyeing the Ivy League study furiously in hopes of earning 2400 on the SAT. Meanwhile, Chris Peplinski is pursuing his own brand of flawlessness: an 850 credit score.

Special fund offers a helping hand to some struggling nonprofits
Second-quarter results of local banks indicate they are increasing profits thanks to cost-cutting and low- to no-interest payments on deposits.

Home prices rises in Minneapolis, 16 other cities in June
Home prices rose in June for a third straight month -- especially in Minneapolis.