The process for buying a home and applying for a mortgage.

US bank has a pretty concise video on   Step 1: Prequalification: Find out how much home you can afford. Step 2: Preapproval: Once your documents are submitted, the lender will work on getting your loan approved. Step 3: Final approval: After all documents are submitted, the subject property is chosen, and any outstanding conditions Read more about The process for buying a home and applying for a mortgage.[…]

The current economic climate and how it relates to the 1930s.

The economy in general will have a major impact on the real estate and mortgage market. These patterns of boom and bust tend to repeat themselves over the centuries. It is best to study them in order to know the ultimate direction. There can be certain actions that appear to make so much sense at Read more about The current economic climate and how it relates to the 1930s.[…]

Neil Howe talks about the emerging economic climate.

He makes some great points about the coming macro economic environment and the generational asset gap between millennials some of their older counterparts. It looks like we are going to need to pay attention to the “profoundly deflationary trends” emerging from the generation x’ers and the millenials. For example, many millenials and generation x’ers are Read more about Neil Howe talks about the emerging economic climate.[…]