Financing

December 22, 2008

NAR Proposes Investors Get Access to FHA Loans for Minneapolis Duplexes

Realty Times reports today that President Charles McMillon of the National Association of Realtors has written a letter to HUD Secretary Steve Preston asking that FHA’s […]
December 18, 2008

News Flash: Interest Rates Drop!

Today’s interest rates on a 30-year, fixed rate, conventional mortgage are 4.75 percent. My understanding is by buyinig points, the loan can be reduced to 4.25 […]
December 15, 2008

Oops! Fannie and Freddie Reconsidering Limits on Numbers of Minneapolis Duplexes

One phrase we seem to be hearing a great deal in the media as of late is “the emperor has no clothes.” It’s funny to me […]
December 4, 2008

And Then We Could Buy A Minneapolis Duplex at 4.5 Percent!

I’m beginning to think the economists charged with leading out of this economic abyss are like a bunch of little kids. Every day, they have a […]