• Buying a Home Can Be Scary...Know the Facts

    Some Highlights: 36% of Americans think they need a 20% down payment to buy a home. 44% of Millennials who purchased a home this year have put down less than 10%. 8% of loan applications were approved last month. The average credit score of... Read More

  • Percentage of Homeownership by Decade and by State

    There has been a lot of talk about the falling homeownership rate in the United States. In December 2004, the homeownership rate reached an all-time high of 69.4%, while the current rate is 62.9%. When comparing these two figures, there is some room... Read More

  • Wallick & Volk and Engel & Volkers Grand Opening Celebration

    Wallick & Volk Mortgage and Engel & Völkers celebrate the ribbon cutting ceremony at the Grand Opening of their brand new Scottsdale location across from Fashion Square mall in Old Town. Attendees were treated to hors d’oeuvres,... Read More

  • The Great News About Rising Home Prices

    Recently there has been a lot of talk about home prices and if they are accelerating too quickly. In some areas of the country, seller supply (homes for sale) cannot keep up with the number of buyers out looking for a home, which has caused prices... Read More

  • Why Getting Pre-Qualified Should Be Your First Step

    In many markets across the country, the amount of buyers searching for their dream homes greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious... Read More

  • Wallick and Volk Mortgage Bankers is a Proud Sponsor of Girls on the Run Wyoming

    At Girls on the Run we inspire girls to recognize their inner strength and celebrate what makes them one of a kind. Trained coaches lead small teams through our research-based curricula which includes dynamic discussions, activities and running... Read More

  • 2 Myths About Mortgages That May Be Holding Back Buyers

    Fannie Mae’s “What do consumers know about the Mortgage Qualification Criteria?” Study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home. Myth #1: “I Need a... Read More

  • Whether You Rent Or Buy, You Are Still Paying a Mortgage

    There are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage - either yours or... Read More

  • Savings Plan Challenge

    Save $2700+ in 52 Weeks! Looking for ways to save for a down payment on a house? Try this 52 week challenge. This time next year, you could be buying a new home! This may be one of the most simple savings challenges ever. Start by saving $2 in week... Read More

  • Rents Skyrocket at Highest Rate in Almost a Decade

    The Consumer Price Index (CPI) was released by the Labor Department last week. An analysis by Market Watch revealed the cost of rent was 3.8% higher than a year ago for the second straight month in June. That’s the strongest yearly price gain... Read More

  • A Homeowner's Net Worth is 45X Greater Than a Renter's!

    Every three years, the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a... Read More

  • June is National Homeownership Month

    If you are wondering if homeownership is right for you, give one of our licensed loan originators a call!! • Paying rent is not a good investment, but owning is a great way to start building family wealth. • Not only does homeownership... Read More

  • Friday Food For Thought - It Takes a Team

    These were the words that started my adventure Sunday morning at 9am…………..   “This course today. It is designed for you to find your best. The only way you can fail this course today is if you did not find your... Read More

  • Who Still Believes in the American Dream of Homeownership

    The concept of homeownership as the American Dream is not dead—at least not among Millennials and non-Whites, according to the latest Zillow Housing Confidence Index (ZHCI). Although they have yet to make their full homebuying force felt,... Read More

  • Are The Kids Finally Moving Out?

    1.2 million formations annually to half that number. However, this may be the year this turns back around. According to the Urban Land Institute’s report, Emerging Trends in Real Estate, household formations will increase dramatically.... Read More