When Should Homeowners Refinance?Since November 2018, 30-year fixed average mortgage rates have dropped from 4.94% to 3.99%. According to Black Knight’s Mortgage Monitor report, that means six million homeowners are now candidates for refinancing. That's up from four million in April.
Minnesota Housing Chief Tapped For New Federal Reserve PanelA Minnesota agency commissioner will have a voice on a new advisory council of the powerful Federal Reserve Board. Minnesota Housing Finance Agency Commissioner Mary Tingerthal was appointed Tuesday to a 15-member panel that will offer input on how federal monetary policy affects the needs of low- and middle-income consumers.
Good Question: What Happens To Our Debt When We Die?A new study from CreditCards.com found almost 1 in 5 people think they'll never get out of the debt. That's twice as many people who gave that same response last year. So, what happens to our debt when we die?
President Obama To Spend A Day With Minn. WomanFor one Minnesota woman, President Obama's trip to Minnesota this week has extra-special significance. St. Anthony resident Rebekah Erler wrote a letter to the president last March. And to her surprise, he's responding in person.
Refurbished Home Is A Thank You For MN Soldier & His FamilyThe former resident at 136 Shadywood Lane in Delano, Minn., was a victim of the nation's housing collapse. Now, this once bank-owned property is a proud symbol of recovery, as it was the the first Minnesota home donated to Operation Homefront’s Homes for Veterans program.
What To Do With Your Tax RefundMost tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.
GOP's Cravaack Reports Value Of NH, Minn. HomesThe New Hampshire home where Republican Rep. Chip Cravaack's family lives is worth as much as $500,000, according to a congressional disclosure statement.
Foreclosure Activity Edges Higher In JanuaryBanks took back more U.S. homes in January than in the previous month, the latest sign that foreclosures are accelerating after slowing sharply last year while lenders sorted out foreclosure-abuse claims.
Minn. Gets $280M In National Mortgage SettlementState officials say Minnesota mortgage borrowers will be eligible for a total of $280 million from a national settlement between states and the country's biggest mortgage lenders.
Refinance Help Coming For Underwater HomeownersStanding in the yard of the Blaine home they have owned for the past nine years, Kipper and Samija Wilson have done the math on their current mortgage.
Bank Mistake Earns Mpls Woman's Home Back For 20 years, a two-story duplex at 38th Street and Park Avenue in Minneapolis was home for Leslie Parks and her mother. That was until a risky option arm mortgage created heartache beyond belief for the family.
Market Uncertainty Could Be Your Low Rate OpportunityThe stock market sell-off has created a silver lining for consumers: surprisingly low interest rates.
Lawmakers Call For Hearings On Robo-SigningLawmakers and enforcement agencies called for hearings and further investigation Tuesday after learning that the illegal practice known as robo-signing has continued in the mortgage industry.
Prince's Former 20-Acre Minn. Property In ForeclosureThe foreclosure crisis hit so many people, now it's even hit one of Minnesota's most famous natives.
Pre-Foreclosure Notices Up In Minnesota In 2010The number of Minnesota homeowners who fell behind on their mortgage in 2010 increased over the previous year.