Author Archives: Allison Manson

5 Desserts That’ll Warm your Soul this Winter

Grab your fuzzy socks and your comfiest blanket because we’ve cultivated a list of the most soul-warming, cold weather desserts to indulge in during this deep freeze. You can thank us later. But seriously, these are delicious so please read on and enjoy… Literally, in real life… When you bake them… Yum! Read More

Expectations of 2022’s Housing Market: A Cool Off, Not a Meltdown

I think we can all agree we are ready for some familiarity and to put these unprecedented times behind us. However, while we hate to say it, we must; there was nothing predictable about 2021, including the housing market. Interest rates hit record lows and we saw the strongest yearly growth in single-family home prices ever. Foreclosure rates were at historic lows and home sales hit their highest level in 15 years. Continuously, homeowners were able to sell their homes quickly and usually well above asking price. Potential buyers grew fatigued attempting to secure the winning bid after losing out on numerous homes. In short, 2021 brought one of the most competitive housing markets in recent U.S. history.  Read More

Cambria Mortgage Welcomes Lisa Tollakson

Hometown mortgage lender Cambria Mortgage is pleased to announce the hire of Lisa Tollakson as a Mortgage Consultant based out of the Brooklyn Park office. "The people, the culture and the company reputation were some major reasons I chose Cambria Mortgage," said Tollakson. “With almost 20 years in the financial services industry, I’m excited to branch out into a new sector. I’m really looking forward to helping new and existing home owners find the best mortgage loan for their specific needs and goals.” Read More

Loan Limits for 2022 Increase 18%!

The Federal Housing Finance Agency (FHFA) has officially announced the conforming loan limits for 2022. Homebuyers will now be able to get a conventional mortgage to purchase a one-unit home for up to $647,200! This is an increase of $98,950 from $548,250 in 2021, making this the largest-ever annual increase for loans eligible to be purchased by Fannie Mae and Freddie Mac. Read More

Gifts Under $100 Perfect for the New Homeowner on your List

Between advertisements on TV, promotions online and the products on display in-store… It can be hard to know what the right gift is for anyone on your list. When it comes to buying for new homeowners, it can be especially hard. Sure, it’s easy to come up with a list of items they might need, but let’s be honest… Things like potholders and dish towels just aren’t fun to give or receive. In light of this predicament, we’ve crafted a list of items that are the perfect balance between enjoyment and practicality that they probably haven’t already been given as a housewarming gift all under $100. Talk about holiday magic! Read More

Veterans: You’ve Earned These Exclusive Programs & Savings

November is truly a month of gratitude. Not only do the holidays start inching nearer with Thanksgiving at the forefront, but we also celebrate our nation’s heroes on Veterans Day. Cambria Mortgage recognizes it is a great honor and privilege to serve those who have served our country. Though it will never suffice in return for what we’ve received from our Veterans, we are proud to specialize in VA loans and offer exclusive savings to Veterans at closing. Are you a Veteran? Read on to learn more about the benefits you’re entitled to, and of course… Thank you for your service! Read More