Insights

by KPT Mortgage Advisors
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How Buyers and Homeowners Can Come Out Ahead in a Slower Market

How Buyers and Homeowners Can Come Out Ahead in a Slower Market

You hear it everywhere lately—“The housing market’s slowing down.” And for a lot of people, that sparks hesitation. Is it the right time to buy? Should I wait to refinance? What does it even mean for me?  Here’s the thing: just because the pace has cooled doesn’t mean...

Why a Recession Doesn’t Have to Derail Your Homeownership Goals

Why a Recession Doesn’t Have to Derail Your Homeownership Goals

If you're dreaming about buying a home but keep hearing talk of a recession, it's easy to feel discouraged. Economic downturns can make even confident buyers second-guess their timing. Questions like “Will I still qualify for a mortgage?” or “Is it a smart move to buy...

The Pros and Cons of Refinancing a Vacation Home in Minnesota 

The Pros and Cons of Refinancing a Vacation Home in Minnesota 

Minnesota is famous for its peaceful lakes, wooded getaways, and seasonal escapes, making it a top destination for vacation homes. Whether you own a cabin in Brainerd, a lakefront retreat near Alexandria, or a cosy chalet up north, your second home is more than a...

5 Common Myths About Buying Your First Home 

5 Common Myths About Buying Your First Home 

Buying your first home is an exciting step, but it’s also one filled with questions, doubts, and more than a few misconceptions. If you’ve been putting off homeownership because of something you “heard” from a friend or saw in a headline, you’re not alone. At KPT...

Mortgage Options for Divorcing Couples: Retain, Refinance, or Sell? 

Mortgage Options for Divorcing Couples: Retain, Refinance, or Sell? 

Divorce is one of life’s most challenging transitions, and when real estate is involved, the financial complexities can feel overwhelming. A shared mortgage adds another layer of difficulty, requiring careful decision-making to determine the best path forward. If you...

Mortgage Refinancing for Retirees: Is It the Right Move for You?

Mortgage Refinancing for Retirees: Is It the Right Move for You?

Retirement is a time to enjoy financial stability and the lifestyle you’ve worked hard to achieve. For many retirees, adjusting their financial situation to fit their new stage of life is essential, and refinancing a mortgage can be one way to do that. Whether the...

How to Navigate Mortgage Pre-Approval as a First-Time Homebuyer

How to Navigate Mortgage Pre-Approval as a First-Time Homebuyer

Buying your first home is an exciting milestone, but the process can also feel overwhelming—especially when it comes to securing financing. One of the most important steps in the homebuying journey is getting pre-approved for a mortgage. Mortgage pre-approval not only...

How to Finance Your First Rental Property in Minnesota

How to Finance Your First Rental Property in Minnesota

Investing in rental property is one of the most effective ways to build wealth and generate passive income. If you’re considering purchasing your first rental property in Minnesota, you’re entering a market filled with opportunity. From the vibrant urban landscapes of...

How Credit Scores Affect Refinancing in Minnesota

How Credit Scores Affect Refinancing in Minnesota

Refinancing your mortgage can open the door to significant financial benefits, such as lower monthly payments, reduced interest rates, or access to home equity. However, credit scores play a pivotal role in determining not only your eligibility for refinancing but...