How to Prepare Your Finances Before Buying a Home in a Tough Market

WOWT (Omaha, Neb.), Aug. 11, 2026-Rachel DePompa

High prices, high interest rates and stiff competition are making homeownership a challenge for many buyers — but a consumer lending expert says the right financial preparation can make a significant difference.

Matt Vernon, head of consumer lending at Bank of America, said prospective buyers should start early and focus on building a strong financial foundation before entering the market.

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