finding your way home

Archive for the Mortgage Industry Category

Why buy a home?

June is National Homeownership Month, so we’re celebrating all the wonderful things that come with being a homeowner! There’s a lot of information out there that explains the benefits of buying a home — but don’t just take it from the experts. We wanted you to hear from real-life homeowners about the perks of owning, so we surveyed nearly 80 homeowners across the country. Here’s what they have to say about the benefits of owning a home. “[It’s] part of the American Dream — the ability to make decisions about my home without the need for prior approval from a

Read more

Millennials most active generation of home buyers for 5th consecutive year

Millennial home buyers are more active than any other generational group, but low inventory and climbing real estate prices continue to stall activity. According to the 2018 Home Buyer and Seller Generational Trends Report from the National Association of Realtors (NAR), 36% of all home purchases were made by millennials over the last year. This makes millennials–those who became adults around the year 2000–the most active home buying generation for the fifth consecutive year.  Coming in second, the Gen-Xers accounted for 26% of all home purchases in the last year. Following Generation X were younger and older baby boomers, being responsible for 18%

Read more

Starter homes are gaining equity faster, new study reveals

woman holding money in house-shaped box

Owners of starter homes across the country are gaining equity faster, as demand for entry-level homes continues to grow. According to a recent analysis from Zillow, U.S. homes in the most affordable segment gained 8.5% in value over the past year, compared to a 3.6% gain in the most expensive housing segment. When stretched across the last five years, the trend is even more pronounced. People who bought started homes in 2013 have seen their equity grow by 44.4%, while owners of luxury homes in the highest price range have seen their equity grow by just 26.6%. As starter homes grow

Read more
Page 1 of 3123

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

Join the Team

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.