Today is Primary Day! Don’t forget to get out and vote. If you are unsure of where your polling place is located, click here for the Secretary of State’s Poll Finder.

[ August 19, 2010; 6:30 pm to 8:00 pm. ] So you want to buy a house – where do you start?! The first step towards home ownership is getting educated about the home buying process and finding a Team of Professionals you can trust and feel comfortable with. Please join us for a informative 90 minute home-buying seminar where you will learn everything you need to know about buying your first home.

There has been a lot of talk about whether or not the government will extend the tax credit closing deadline beyond June 30, 2010.

I told this woman (we’ll call her Elna) that she could possibly qualify for a low fixed mortgage interest rate of 4.75%, and receive up to $15,000.00 in down payment and closing cost assistance using Dakota County Bond

Now you can get the latest blog posts, upcoming events, market updates and Conversations with Carrie delivered directly to your inbox! Just click here to subscribe. As always, we thank you for reading and welcome your comments!

Yes, we are a mortgage company in Burnsville, and no, Life Planning may not be a typical suggestion from a mortgage lender. I think that is the beauty of it! We want to offer you the tools to make your life more fulfilling as well as help you get financing for that new home in Dakota County. No strings, no commitments, no cost…. We think it is that important!

Interest rates have ticked up a little bit more over the last week, Freddie Mac’s mortgage market survey shows rates just over 5.25% on a 30 year fixed mortgage, those are the highest rates since august 2009. What’s awesome is that Minnesota Housing is standing by their word and they are still offering interest rates for first time home-buyers at 4.625 percent on first time home-buyer programs. Also, City Living for St Paul and Minneapolis as well as Dakota County Bond programs still show interest rates below 5% on 30 year fixed rate mortgages. So, it’s still a great time to buy.”

First of all, not all lenders are created equal. The 203k loan program does have very specific requirements to make the process go smoothly. Some lenders have perfected this process, most of them have not. I am proud to say that we have Elizabeth Vaughan here at Cornerstone Mortgage. Elizabeth is the master of 203k loans!

Now more than ever, your credit score can ‘make you’ or ‘break you’. Credit scores are essential when you are looking to buy a home, get a mortgage, buy a car, insurance, and even help determine the interest rate you pay on your credit cards. You cannot ignore your credit score!

The good news is that an additional Energy Saver Rebate allocation may be coming again soon. Stay tuned and we will keep you updated on any information that Minnesota Housing announces.

For more information about the Fix-Up Fund and whether you could be eligible, call Carrie Guarrero at 952-808-0042 or click here to email her.