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Mortgage Industry Trends

Football And Credit Scores Are Up in Minnesota

Minnesota is flying high, just like their receiver Stefon Diggs, after their miracle finish to win the NFC Divisional game on Sunday. What a finish! But that ain’t all. Experian’s annual State of Credit report reveals that Minneapolis posted the highest average credit score for 2017 at 709. Minnesota must be doing something right. Besides the miracle finish, two other…

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Mortgage Industry Trends

It’s Not All About the Bottom Line

Every once in a while, we should step back and take a look at the big picture. Take a little break from loan production goals, operational issues, training, staff management, and regulatory affairs. Take a breath and keep in mind what’s really important. Today is one of those days. A day to remember and honor Dr. Martin Luther King Jr. and all…

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Mortgage Industry Trends

Will Tax Reform Reshape the Housing Market?

Some believe that the changes to the tax laws recently passed will have a devastating effect on housing and the mortgage market. Why? Because of the limitations placed on allowable mortgage interest and state and local tax deductions. These limitations may lead to fewer home buyers and more home renters, especially in states with higher real estate taxes.  Maybe… However,…

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