Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit. The analytics firm notes the average credit score required to attain a mortgage loan is 700. While this is higher than scores required prior to the crisis, it is constant with requirements one [...] Read more »

The week left yet another trail of evidence leading back to a housing market on the mend. This time, the encouraging signs were even less clandestine. Nationally, both new and existing home sales enjoyed improvements. Even some December numbers were upwardly revised. New home sales have real and noticeable impacts on GDP, thus generating jobs [...] Read more »

Sales of new single-family residences fell 0.9% in January, but an upward revision to the prior months’ data and a drop in the supply of properties on the market painted a picture of a housing sector beginning to show signs of finding a bottom. Demand is getting a boost as more homes become affordable. The [...] Read more »

Drew and Kelly just bought this sweet little story and a half in South Minneapolis! Congrats to them on the new home! We had the privilege of helping Drew and Kelly because of a referral from past clients of ours, Greg and Tina Mohr, who we helped purchase a home in Golden Valley last year [...] Read more »

Commentary:Mortgage investors continue to deal with headlines from Greece and today those headlines are shaded towards the possibility that the long awaited financial rescue agreement will be in place before the end of the day on Monday. Investors will likely be hesitant to move mortgage interest rates lower as the long weekend approaches and negotiations [...] Read more »