Minneapolis
Home Mortgage Loans
Get The Lowest Interest Rate On
Minneapolis Home Mortgage Loans.
Whether you are a first time home buyer or
trading up to a larger home, we work to find the best Minneapolis home
mortgage solution for
you. Constantly surveying the hundreds of mortgage lenders as well as
anonymously testing their staff, we are always aware of the conditions of the
home loan market as well as the lenders involved in it.
Best Lender For
Minneapolis Home Mortgages
Unfortunately, the subprime mortgage
crisis has caused dramatic changes in the lending climate. Many lending
institutions have suffered tremendous losses and as a result have
tightened their lending standards drastically. Whereas it used to be
very, very easy to meet the requirements in order to get approved, it is
now much more difficult with most lenders.
When searching for a
Minneapolis home mortgage lender, it is important to
find one that not only offers the lowest rates, but also has not
tightened lending standards to the point that only a tiny percentage of
applicants will qualify.
At the top of our list right now is ING DIRECT
Minneapolis Home Mortgage.
They have the lowest rates, a free and easy online application, and they have not been severely hurt by the subprime mortgage crisis.
They are still approving the majority of applications for Minneapolis
home mortgages. Additionally, in most instances online applications will
be approved in under 3 minutes.
Minneapolis Minnesota
Overview & Statistics
Minneapolis Overview
As of 2007, Minneapolis's population is 372,833 people. Since 2000, it has had a population
decline of -2.56 percent.
The median home cost in Minneapolis is $260,700. Home appreciation the last year has been 0.24 percent.
Compared to the rest of the country, Minneapolis's cost of living is 2.14% Higher than the U.S. average.
Minneapolis public schools spend $8,256 per student. The average school expenditure in the U.S. is $6,058. There are about 16 students per teacher in Minneapolis.
The unemployment rate in Minneapolis is 4.00 percent (U.S. avg. is 4.60%). Recent job growth is Negative. Minneapolis jobs have Decreased by 0.12 percent.
Minneapolis Climate
Minneapolis, MN, gets 34 inches of rain per year. The US average is 37. Snowfall is
45.8 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 101.
On average, there are 198 sunny days per year in Minneapolis, MN. The July high is around 87 degrees. The January low is 6. Our comfort index, which is based on humidity during the hot months, is a 48 out of 100, where higher is more comfortable. The US average on the comfort index is 44.
Minneapolis Housing
The median home value in Minneapolis, MN, is $260,700. Home appreciation is 0.24% over the last year. The median age of Minneapolis, MN, real estate is 64 years.
Minneapolis, MN Apartments and Rentals
Renters make up 47.03% of the Minneapolis, MN, population. 3.69% of houses and apartments in Minneapolis, MN, are unoccupied (vacancy rate).
Minneapolis Crime
Minneapolis, MN, violent crime, on a scale from 1 (low crime) to 10, is 8. Violent crime is composed of four offenses: murder and non-negligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.
Minneapolis, MN, property crime, on a scale from 1 (low) to 10, is 8. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.
Minneapolis Home Mortgage
Loan Resources
Listed below are a variety of resources
relating to Minneapolis home mortgage loans:
www.ci.minneapolis.mn.us
Minneapolis Real Estate Agents
Minnesota First Time Home
Buyers Grants
Minnesota First Time Home
Buyer Programs
Minneapolis Home Mortgage
Minnesota Home Mortgage Loans
For the latest updated information, visit
Minneapolis Home Mortgage news stories.
Finally, you may want to visit
Mortgage Rates Predictions to find out if now is a good time to apply for a
Minneapolis Home Mortgage Loan.
