Mortgage Office of Brenda Bednar - Owatonna, MN NMLS 928171

Branch Manager, NMLS #286049 Owatonna Branch NMLS #1976947 Faribault Branch NMLS #1977410

Equal Housing Lender

Real Estate Agents! ๐Ÿก

Help provide homebuyers with top-quality financing services when you partner with us! ๐ŸŽ‰

Contact us today to discuss marketing, co-branding, and custom partnership opportunities. ๐Ÿค

Why rent when you can own?

We've helped thousands of first-time homebuyers all across the country, and we're here to help you finance your home too! ๐Ÿ™Œ

Call us today to start your homebuying journey. ๐Ÿก

Ready to buy a home? ๐Ÿก

We're here to help! ๐Ÿ™Œ

Let's find the home financing solution that works best for you and your budget. ๐Ÿ’ต

Call us today to get started! โ˜Ž๏ธ

Ready to buy a home? ๐Ÿ”‘

We're here to help you finance the home of your dreams. ๐ŸŽ‰

Contact us today to get started on your journey home. ๐Ÿก

Veterans! ๐Ÿ‡บ๐Ÿ‡ธ

Are you taking advantage of your homebuyer benefits? ๐Ÿก

We're here to serve YOU. Talk to us today for Veteran-first service! ๐Ÿ’ช

Ready for a move? ๐Ÿก

Make an appointment with us today to discover what the best home financing solution is for you! ๐Ÿ™Œ

Happy 4th of July! ๐Ÿ‡บ๐Ÿ‡ธ

Mortgage Office of Brenda Bednar - Owatonna, MN NMLS 928171's cover photo

Mortgage Office of Brenda Bednar - Owatonna, MN NMLS 928171's cover photo

[03/16/20]   ๐Ÿšจ ALERT ๐Ÿšจ

FED just announced it would drop interest rates to 0๐Ÿคฏ

PSA regarding the FED rate cut:

โœ… YES, the Federal Reserve cut interest rates to near zero today. This affects the interest rates banks use to borrow money to each other, which in turn lowers short-term interest rates (think credit card and HELOC interest rates) and impacts interest rates on savings accounts, CDs, etc.

๐Ÿšซ NO, mortgage interest rates are not near zero; however, they are still historically low and I would expect them to come back down but itโ€™s going to take some time. Lenders and banks are also trying to navigate this unique time. They donโ€™t have the manpower or capacity for more loans immediately due to an already massive refinance volume from the last 3 weeks and an expected reduced workforce due to the corona virus.

Things will come back and rates will move back down from current levels. If you werenโ€™t part of the initial wave of people who locked a low refinance rate in the last couple weeks donโ€™t panic! You need to be patient and ready for when things come back around. Itโ€™s going to be a gradual return to lower rates. Now is a good time to have the conversation with your trusted lender and be ready if it makes sense.

Tomorrow will be an interesting day for sure!

eyeonhousing.org

Improved Expectations of Housing Availability among Home Buyers

eyeonhousing.org In the final quarter of 2019, home buyers are less likely (65%) to think housing availability will get harder (or stay the same) than in the final quarter of 2018 (72%). Put another way, fewer homโ€ฆ

mpamag.com

Homebuying power has risen 16% despite price gains

mpamag.com Low rates mean that affordability reversed its 2019 challenges at year-end

insights.archmi.com

Celebrate the Return of the MI Premium Tax Deduction โ€“ Arch MI's Insights

insights.archmi.com

mpamag.com

Housing still unaffordable to average earners in 71% of US โ€“ report

mpamag.com While housing affordability shows slight improvement from Q3, average wage earners in most of the country still canโ€™t afford a home

themreport.com

First-Time Homebuyers: The Keys to Growth

themreport.com Editorโ€™s note: This feature originally appeared in the December issue of MReport. As some observe...

cnbc.com

Next year will be hard on the housing market, especially in these big cities

cnbc.com Prices will fall in a quarter of the 100 largest metropolitan markets, including Chicago, Dallas, Las Vegas, Miami and San Francisco.

mpamag.com

Winter is coming and the best home purchase deals are almost here

mpamag.com Homebuyers can expect modest discounts when they close on a home purchase the day after Christmas

mpamag.com

Fed wonโ€™t be cutting rates again soon

mpamag.com Despite pressure from the White House, the Fed thinks the three recent rate cuts are enough for now

mpamag.com

Bidding wars to return in 2020 as buyers fight for supply says Redfin

mpamag.com Brokerage says Southeast cities are set for price growth as businesses and people move to more affordable regions

Want your business to be the top-listed Finance Company in Owatonna?

Click here to claim your Sponsored Listing.

Location

Telephone

Address


214 S Oak Ave
Owatonna, MN
55060

Opening Hours

Monday 08:30 - 17:00
Tuesday 08:30 - 17:00
Wednesday 08:30 - 17:00
Thursday 08:30 - 17:00
Friday 08:30 - 17:00
Other Loans in Owatonna (show all)
Mortgages with Ryan, nmls#503704 Mortgages with Ryan, nmls#503704
730 W Bridge St
Owatonna, 55060

Now with Bremer Bank, Ryan Gillespie will help you choose a mortgage tailored just for you. Equal Housing Lender.

Cars-N-Credit Cars-N-Credit
422 Hoffman Dr
Owatonna, 55060

Cars-N-Credit is a car dealership based in Owatonna, MN where your job is your credit! We provide opportunities to the people who need them most!

OneMain OneMain
1015 W Frontage Rd
Owatonna, 55060

Corey Samora Mortgage Loan Originator NMLS 781651 Corey Samora Mortgage Loan Originator NMLS 781651
110 W Rose St
Owatonna, 55060

Home mortgage professional that puts the customer first and takes time to help you achieve home ownership! Lets get started with a conversation.