Mortgage rates tend to get a lot of attention when people start thinking about buying a home. A rate can affect your monthly payment, which can affect what feels realistic in your budget. But affordability is bigger than one number. Buying a home also means considering your savings, maintenance costs, taxes, insurance, income, and your…
Navigating the Minnesota real estate market can be daunting, especially for first-time homebuyers. With increasing housing prices, limited starter home options, and economic factors influencing mortgage rates, understanding the market dynamics is critical. To shed light on these challenges and offer expert advice, KWLM sat down with Doug Frazzini, Capital Market Specialist at Heritage Bank,…
