When Minneapolis duplex mortgage interest rates began to rise, many would-be buyers suddenly utter an old, familiar phrase; “contract-for-deed”. In a contract for deed, also known […]
According to a report issued last week from Freddie Mac, interest rates on a 30-year mortgage averaged 6.71 percent last week. One year ago the rates […]
Over the last several months many would-be Minneapolis duplex sellers told me they wanted to wait for rates to go down before putting their property on […]
Let’s face it, many would-be duplex buyers aren’t walking around with a 25% down payment. That’s the minimum banks expect from investors. Those that do have […]