We are very pleased to announce that Wallick & Volk was just awarded first place in the mid-sized category for the “Best Place to Work” in the Phoenix Business Journal. The list ranks Valley companies through a third-party... Read More

When choosing a home loan, you may feel overwhelmed… Should you choose a 7/1 ARM or get a fixed rate FHA loan, or what about a conforming Conventional loan, is that better? These are just some of the questions that may be starting to pile up... Read More

The Federal Housing Finance Agency (FHFA) announced that the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2017 will increase.  In most of the country, the 2017 maximum loan limit for one-unit properties... Read More

A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainty about the buying process. A specific cause for concern tends to be mortgage qualification. For many, the mortgage process can be... Read More

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

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 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

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

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

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

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

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

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

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

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