Omaha Moves Here
Mortgage Debt Reaches 10-Year High
Posted by John Hardy - Dec 7, 2018, 12:32 PM
The Federal Reserve announced outstanding mortgage debt totaled $10.2 trillion in the second quarter of 2018, up 2.7%
Can you afford to buy a home? How much to spend on housing?
Posted by Mike Dein - Dec 5, 2018, 1:39 PM
For most Americans, both renters and homeowners, housing is their largest expense. But how much is too much to spend on housing costs?
Saving for a Down Payment Might Take up to 7 Years or More
Posted by John Hardy - Nov 10, 2018, 9:34 AM
Getting creative could cut saving process down to months with one of our partners.
What Judge Kavanaugh Confirmation Means for the Future of the CFPB
Posted by Mike Dein - Oct 17, 2018, 1:40 PM
The Senate's vote to confirm Judge Kavanaugh to the Supreme Court has Washington questioning what will happen to the Consumer Financial Protection Bureau.
Market Forecast October 2018
Posted by Mike Dein - Oct 15, 2018, 2:11 PM
Builder sentiment was positive last month. Housing starts jumped, but building permits tapered off. Existing home sales were unchanged.
Buyer Beware: How to Spot Down Payment Wire Transfer Fraud
Posted by Mike Dein - Sep 22, 2018, 3:16 PM
CNBC reported on a new variant of wire transfer fraud schemes targeting home buyers at the time of closing.
Millennials Delay Marriage, Not Homeownership
Posted by John Hardy - Sep 17, 2018, 2:25 PM
In 1985, 75% of first-time home buyers were married, today, it’s 57%.
First-Time Home Buyers Outnumber Repeat Buyers
Posted by John Hardy - Sep 4, 2018, 2:15 PM
Despite the down payment obstacle, first-time home buyers continue to dominate the housing market.
More First-Time Home Buyers Using Retirement Money for Down Payment
Posted by Mike Dein - Aug 21, 2018, 2:21 PM
In an alarming trend, one in three homeowners ages 21-34 from took out loans against their retirement account to pay for their down payment.
Should You Buy First or Sell First?
Posted by Mike Dein - Aug 17, 2018, 1:53 PM
Each route has its own advantages, depending on your situation. Read this then consult with us on the best option for your situation.
Adjustable-Rate Mortgages Popular Again
Posted by Mike Dein - Aug 7, 2018, 11:27 PM
With an adjustable-rate mortgage, the interest rate will move up or down after a fixed period of an introductory rate that lasts three to seven years.
How to Really Retire Early
Posted by Mike Dein - Aug 1, 2018, 4:55 PM
Simply saving money is not enough to build wealth. It’s not about how much money you save, but what you do with that savings.
Don’t Believe This Big Credit Card Myth
Posted by Mike Dein - Jul 25, 2018, 1:28 PM
Lenders use the credit score to evaluate a borrower’s ability to repay the loan. Your credit score is integral to your ability to qualify for a mortgage.
Homeowner Equity Hits Record High
Posted by Mike Dein - Jul 23, 2018, 1:29 PM
This month, tappable homeowner equity, reached the highest level ever recorded.
How to Buy a Home When You’re Self-Employed
Posted by Mike Dein - Jul 12, 2018, 5:59 PM
Buying a home when you are self-employed or own your own business will require more documentation than if you are a salaried employee with a yearly W2.
Mortgage Application Denied. What to do Next
Posted by Mike Dein - Jun 18, 2018, 9:39 AM
While it’s a setback, mortgage application denial does not have to mean the end of your home search. Take these proactive steps to get you back on track.
Coming Up: What to Watch in Housing
Posted by Mike Dein - Jun 17, 2018, 2:58 PM
A list of the top issues impacting real estate and mortgage lending over the next three to seven years.
Your Mortgage Shouldn’t be One Size Fits All
Posted by Mike Dein - May 31, 2018, 2:18 PM
This year’s Mortgage Bankers Association conference most prevalent topic of discussion was the growing market for different types of mortgage loans.
Why Some Millennials are Skipping Starter Homes
Posted by Mike Dein - May 14, 2018, 5:14 PM
Millennials have delayed homeownership long enough to advance to a comfortable place in their career and qualify for the financing needed for a larger home.
NEVER Put These Expenses on Credit Cards
Posted by Mike Dein - May 10, 2018, 2:56 PM
NEVER put these expenses on credit cards. Credit cards are no longer the "emergency use only" tools they once were. Outstanding consumer credit card debt surpassed $1 trillion in 2017, the highest it's ever been.
Credit Scores Could Improve
Posted by Mike Dein - May 6, 2018, 12:19 AM
Earlier this month, all three major credit bureaus, Experian, Equifax, and TransUnion, announced they would exclude tax liens from consumer credit reports.
Housing Homeless Veterans
Posted by Mike Dein - May 4, 2018, 12:25 AM
HUD and VA Commit $43 Million Toward Housing Homeless Veterans
Posted by Mike Dein - May 3, 2018, 6:00 AM
What Unmarried Couples Should Know When Buying a Home Together.
How To Repurpose Closed Mall Space
Posted by Mike Dein - Dec 11, 2017, 7:18 AM
With retailers struggling to keep up with online sales, the landscape of the modern American mall is changing.
FHFA Increases Conforming Loan Limits
Posted by Mike Dein - Nov 27, 2017, 7:06 AM
Last week, the Federal Housing Finance Agency (FHFA) increased the maximum conforming loan limits for the second year in a row.