From the category archives:

Buying Minneapolis Mn Homes

IRS Announces New Effort to Help Struggling Taxpayers Get a Fresh Start

November 8, 2011

IRS Announces New Effort to Help Struggling Taxpayers Get a Fresh Start; Major Changes made to Lien Process Rule Synopsis IRS announces new program to help taxpayers pay back taxes and avoid tax liens. According to the IRS, new changes should decrease the number of tax liens filed (that’s the goal) and lessen the negative [...]

Temporary Expanded Loan Limits have expired

November 8, 2011

This week’s largest economic news is Friday’s Jobs Report, which includes Hourly Earnings, Average Workweek, Unemployment Rate and the closely watched Non-farm Payrolls Report. In August, there were zero jobs created, which was a major blow to the psyche of the investment world. So the markets will be watching this report closely.  Numbers that match [...]

FHA Loan Limits and Website Resources

November 8, 2011

FHA Loan Limits and Website Resources This is effective for all case numbers issued on or after October 1, 2011 and is effective through December 31, 2011. HUD is expected to announce 2012 loan limits sometime in November 2011, so this is all likely to change again as we go into the new year. In [...]

Income Limits Increase for Minnesota Mortgage Program (MMP)

March 3, 2010

Minnesota Housing Alert February 25, 2010 Income Limits Increase for Minnesota Mortgage Program (MMP) Minnesota Housing is temporarily (up to 12 months) increasing the MMP income limits to stimulate real estate markets across the state and fully utilize funding enabled by the Federal New Issue Bond Program.  Please note program income limits will change during the [...]

HUD Clamps Down – Breaking News!

March 1, 2010

HUD Clamps Down – Breaking News!   Get those homebuyers OFF THE FENCE – it’s simply going to cost them more money if they don’t act now!Here’s the condensed version: UFMIP will be increased from 1.75% to 2.25%. The change to occur for FHA case #’s ordered after April 5, 2010. Update the combination of [...]

Minnesota Housing – Helping Twin Cities Home Buyers

March 1, 2010

    Announcing 4.50% rate for Minnesota Mortgage Program In order to encourage production under Minnesota Mortgage Program (MMP), the statewide first-time homebuyer program, Minnesota Housing lowered the program interest rates at 3:00 p.m. today to 4.50% for government loans and 4.75% for conventional loans.  Rates under the Community Activity Set Aside (CASA) program have [...]

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