Mortgage Updates
How Long Does Mortgage Pre Approval Take?
If you are getting ready to buy a home in Nebraska, one of the first questions you may have is: How long does mortgage pre-approval take? In many cases, mortgage pre-approval can be completed the same day. For some buyers, it may take 24 to 48 hours, especially if…
How Mortgage Refinance Interest Rates are Determined
When you refinance your mortgage, the interest rate makes all the difference. A lower rate can mean a smaller monthly payment, faster payoff, or thousands of dollars saved over the life of your loan. But how are mortgage refinance interest rates actually determined?…
Temporary Rate Buydowns in Lincoln & Omaha, Nebraska
Temporary Rate Buydowns: Making Homeownership Easier Buying a home is one of the most exciting moments in life. It is also one of the biggest financial commitments you will ever make. For many buyers, the monthly payment is the part that feels the most stressful. You…
Waiting for the Feds to Cut Rates
When it comes to mortgage rates, it sometimes feels like we’re all looking into a crystal ball—trying to guess where things are headed next. This past week gave us a perfect example. Inflation reports moved the market in both directions, and mortgage rates ended up…
Breaking Barriers: A Revolutionary Loan Option for First-Time Homebuyers
Unlocking Homeownership: The 1% Down Mortgage Revolution In today’s challenging real estate market, many aspiring homeowners find themselves trapped between the dream of owning a home and the financial hurdles of traditional down payments. However, a groundbreaking…
Boost Your Credit Score: Essential Steps to Take Before Homeownership
Embarking on the journey to homeownership is an exciting milestone, but before you can unlock the door to your dream home, you need to ensure your financial foundation is solid. One of the most crucial elements in this process is your credit score. Your credit score…
Trigger Leads 101: What They Are and How to Make Them Stop
A trigger lead is a type of marketing lead sold by credit bureaus to lenders and mortgage companies. When someone applies for a mortgage and their credit report is pulled, it can act as a “trigger” for the credit bureaus to sell that consumer’s information as a lead…
Market Update – 8/30/2024
Scott Bradley Brixen August 30, 2024 It’s time to start cutting rates, said Fed Chairman Jerome Powell in his speech from Jackson Hole last Friday. Anticipating this policy shift, mortgage rates have already moved more than 1% lower in the last four months, improving…
Unlocking Savings: Why Brokers are Key to Lower Mortgage Costs
In the ever-evolving world of mortgage finance, finding the best deal is paramount for homebuyers. The 2024 Channel Study, conducted by Polygon Research for United Wholesale Mortgage and Willow Canyon Advisors, sheds new light on why working with a broker,…