finding your way home

Schmidt Mortgage Company Blog

Consumer Confidence Hits 18-Year High

Consumer confidence rose in September, reaching the highest level in 18 years. According to the results of a survey conducted by the Conference Board, a global independent research organization, consumer confidence hit 138.4 in September, surpassing August’s level of 134.7. This is close to the all-time high of 144.7 in 2000, the Conference Board stated.  Economists at Reuters estimated consumer confidence level to reach 132 in September. “Consumers’ assessment of current conditions remains extremely favorable, bolstered by a strong economy and robust job growth,” said Lynn Franco, director of economic indicators at the Conference Board. “These historically high confidence levels should

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Existing-Home Sales Remain Steady in August

The sales of existing homes in the U.S. held steady in August after four consecutive months of decline, according to the latest data released from the National Association of Realtors®. Regionally, existing-home sales were up in the Northeast and Midwest, essentially cancelling out declines in the West and the South.  “Strong gains in the Northeast and a moderate uptick in the Midwest helped to balance out any losses in the South and West, halting months of downturn momentum,” said NAR Chief Economist Lawrence Yun in a press statement. “With inventory stabilizing and modestly rising, buyers appear ready to step back into

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What does it take to buy a home, anyway?

We all need a place to call home, and at some point in our lives, most of us are bound to need a mortgage to make that happen. In honor of National Mortgage Professionals Month, I wanted to acquaint you with the people and processes that help make homeownership happen for millions of people just like you. Let’s meet the team behind the curtain and take a look at the major steps that are involved along the way!   Other Key Players Honorable Mentions: Inspector, Appraiser, Title Company, Attorney (if applicable) Our relationship doesn’t end after the transaction. My goal

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Akron

1953 Englewood Ave.
Akron, OH 44312
Phone: (330) 798-4677
Branch Information

Rocky River

20545 Center Ridge Road
Suite 250
Rocky River, OH 44116
Phone: (440) 356-3242
Branch Information

Willoughby

35104 Euclid Ave.
Suite 202
Willoughby, OH 44094
Phone: (440) 953-0447
Branch Information

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At Schmidt Mortgage we're always looking for talented mortgage professionals to join our growing team. We're an Equal Opportunity Employer offering a highly competitive compensation and benefits package. Visit our careers pages for more information.