Fairway Financial Services, Inc.

06/09/2026

A new Fannie Mae/Pulsenomics survey of leading economists projects home prices will rise about 2.5% over the next year and roughly 14% over five years. This is helpful to know both for current homeowners and future ones as they try and determine when they want to get into the market.

An Equal Housing Lender - NMLS #328279

06/03/2026

What matters most isn’t fitting into a specific category, it’s understanding what you can comfortably afford. That’s where your estimated monthly payment (including principal, interest, taxes, and insurance – aka PITI) comes in. We often tell our clients that we don't want them to be house poor, so rather than looking at purchase prices to start, we like to ask our clients what payment they feel comfortable with and work backward to estimate a purchase price to search for.

Reach out to review your situation and explore what’s possible for you.

An Equal Housing Lender - NMLS #328279

05/29/2026

Student loan debt doesn’t automatically put homeownership out of reach. Lenders look at how you manage your payments along with your overall financial picture. Your debt-to-income ratio, credit history, and income stability all play a role in the approval process, not just the total balance you owe.

Do keep in mind though, that even if your payments are deferred, underwriting guidelines do require a calculated payment to be used. Different programs allow for different calculations, so your loan officer can help you with finding the right one for you!

With the right strategy and guidance, many buyers with student loans are able to successfully purchase a home, build equity, and take meaningful steps toward long-term financial stability and wealth.

An Equal Housing Lender - NMLS #328279

05/25/2026

05/20/2026

Home builder confidence edged higher in May, rising three points to 37. While the index remains below the growth benchmark of 50, current sales, future sales expectations, and buyer traffic all showed modest improvement.

An Equal Housing Lender - NMLS #328279

05/13/2026

For those that are eligible, this is a great benefit! If you are wondering if you would qualify for a VA loan, reach out and we would be happy to go over that with you.

05/08/2026

Mortgage rates aren’t set in isolation, they’re influenced by economic factors around the world. Conflicts, military spending, and shifts in oil prices can impact inflation and borrowing costs, which in turn can move rates up or down. While you can’t control global events, staying informed helps you make confident decisions. We can help you understand how current market conditions may affect your homebuying options.

An Equal Housing Lender - NMLS #328279

05/05/2026

Housing starts jumped 10.8% from February to March, coming in well above expectations. However, building permits, a key signal of future construction, dropped by the same amount. These specific numbers might not mean much to you, but they help to indicate how the housing market is doing, and it can impact rates as well as traders analyze the data.

An Equal Housing Lender - NMLS #328279

04/30/2026

With May about to start, Minnesotans can (usually) say spring is here! As the weather starts to warm, consider checking a few seasonal home maintenance items off your list.

An Equal Housing Lender - NMLS #328279

04/24/2026

Thinking about buying a home? Your credit doesn’t have to be perfect – but small, steady habits can make a real difference.

On-time payments help establish a reliable track record, while keeping balances low supports healthy credit usage. Holding off on new debt can prevent short-term score dips, and keeping older accounts open helps maintain the length of your credit history – even if those accounts aren’t used often.

An Equal Housing Lender - NMLS #328279