Craig Kamman • Edina Realty | Wayzata, MN • October 12, 2026 Current Rate Snapshot Freddie Mac PMMS (week of Oct 8, 2026) — the standard weekly survey of contract rates: Loan TypeRateChange vs. Last Week1 Year Ago 30-Year Fixed7.40%▲ +0.12%6.30% 15-Year Fixed6.73%▲ +0.13%5.53% 30-Year Jumbo7.65%Bankrate daily lender survey (Oct…
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Twin Cities Mortgage Rate Outlook — October 5, 2026
By Craig Kamman, Edina Realty | Wayzata, MN — October 5, 2026 Current Rate Snapshot Loan Type Rate Source 30-Year Fixed 7.28% Freddie Mac PMMS (Oct 1, 2026) 15-Year Fixed 6.60% Freddie Mac PMMS (Oct 1, 2026) 30-Year Jumbo 7.58% Bankrate (Oct 5, 2026) 5/1 ARM 6.60% Bankrate (Oct 5,…
Seller Died Before Closing — How We Still Closed on Time
Timing in real estate is unpredictable. Deals fall apart for all kinds of reasons — inspections, financing, title issues. But one scenario that almost no one prepares for is when a seller passes away after a purchase agreement is signed but before closing day arrives. I recently closed one of…
Selling a Hoarder Condo in Minnesota: POA, Back Taxes, and Association Liens
Not every real estate transaction is straightforward. Some of the most meaningful work I do involves situations that most agents won't touch — or don't know how to handle. This is one of those. The Situation A Power of Attorney reached out after finding me through an AI search. She…
Twin Cities Mortgage Rate Outlook — September 21, 2026
Monday, September 21, 2026 | Craig Kamman, Edina Realty | Wayzata, MN Last week the Federal Reserve raised rates for the first time since 2023 — a unanimous 25-basis-point hike that pushed the federal funds target to 3.75%–4.00%. Bond markets reacted fast: the 10-year Treasury touched 5.01% on September 16…
Twin Cities Mortgage Rate Outlook — September 14, 2026
By Craig Kamman — Edina Realty | Wayzata, MN — September 14, 2026 Current Rate Snapshot Loan Type Rate Week Change Notes 30-Year Fixed 6.76% ↑ +0.02% Freddie Mac PMMS (Thu. survey) 15-Year Fixed 6.29% ↑ +0.05% Strong option for move-up buyers 30-Year Jumbo 7.10% ↑ +0.15% Loans above $832,750…
West Metro Housing Market Update — July 2026
West Metro Housing Market ReportJuly 2026 Market Update: West Metro MinneapolisSales activity picked up across most of the region in July, with the 13-county Twin Cities posting a 10.2% jump in closed sales year-over-year. Median prices held firm at $410,000 regionally. Days on market stayed flat at 40 days. Here…
Is Cost Segregation Worth It for Your Rental Property? Here’s How to Know
"My CPA mentioned it but wasn't sure it was worth it for my property." That's the most common thing I hear when cost segregation comes up with clients. John Murphy at CSSI — a specialist I refer investors to regularly — hears the same thing. He encountered it recently on…
Cost Segregation and the BRRRR Strategy: Turning Renovation Costs Into Year-One Tax Deductions
The BRRRR strategy — Buy, Renovate, Rent, Refinance, Repeat — is one of the most effective ways to build a rental portfolio in the West Metro. But most investors running BRRRR deals focus entirely on the ARV and the refi proceeds. They're missing a substantial tax benefit hiding inside every…
What Is Cost Segregation? A West Metro Investor’s Guide
Most rental property owners in the West Metro are depreciating their buildings the slow way — spreading the deduction over 27.5 years and leaving a significant tax benefit on the table. Cost segregation is the strategy that changes that, and it's something I introduce to investors I work with early…