News From Minnesota
Timely, relevant and useful information about Minnesota and other parts of the country related to real estate, finance and policy issues for homeowners and prospective homeowners (See our Archive of older stories).
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Read the story of Nick and Ashlea Garrison, a Millennial couple that bought a house in St. Paul’s in just a few weeks.
Efforts to help potential first-time home buyers save for down payments using special tax-favored accounts have been gaining traction in state legislatures.
Student loan debt is an increasing problem in Minnesota and across the United States. It is impacting life decisions for many young adults, millennials and yes, even Americans approaching retirement age.
The Minnesota legislature recently passed a new law that included the First Time Homebuyers Savings Account Act, which now allows individuals or couples to save the money they need in a tax preferred savings account to go toward the purchase of a home.
The road to homeownership is shorter than you think. The First-Time Homebuyer Savings Account Act makes it easier to save and puts you one step closer to buying a new home.
Find out how much you know about Minnesota’s new First Time Homebuyers Savings Accounts.
Minnesota homeowners are being asked to proactively protect their home ownership-related tax benefits by signing a petition asking the state legislature to keep the Mortgage Interest Deduction and other benefits in place.
The following steps are an excerpt from the Consumer Financial Protection Bureau’s Home Loan Toolkit; a clearly written and invaluable guide for home loan shoppers.
Buying a home in Minnesota is a big investment and you should feel at ease asking questions, and discussing the process with your loved ones and your lender.
Congratulations Minnesota homeowner! You’ve closed on your mortgage and are now the proud owner or owners of a new home.
The results have helped show that, contrary to what some believed, not everyone wants to live in an apartment downtown. Instead, about half want to live downtown or in areas where shops are walkable.
Minnesota REALTORS ran a successful a campaign to protect the mortgage interest deduction and homeownership statewide by educating REALTORS, legislators and homeowners statewide on the negative impacts of eliminating the MID and building a coalition of pro-housing supporters.