Understanding the Debt-to-Income Ratio
One of the most important aspects of qualifying for a mortgage is your debt-to-income ratio. You may have heard 30% [...]
The Different Types of Mortgages
When you think of a mortgage, you probably think of the traditional mortgage with a large down payment, or [...]
Protecting Your Credit During Divorce
When a marriage ends in divorce, the lives of those involved are changed forever. During this time of upheaval, [...]
6 Benefits of Homeownership
Owning a home has many benifits from gaining equity to a more healthy and stable environment for your family. It [...]
Life After Bankruptcy
Bankruptcy is an uncomfortable subject for a variety of reasons. The most obvious is the potential havoc it can wreak [...]
October Report: U.S. Economy in a Snapshot
Overview of the October 2019 Snapshot Real consumer spending growth softened in August. Real expenditures on services were essentially flat [...]
U.S. Jobless Rate Hits 50-Year Low
The United States is in the longest economic expansion in its history. And to further show the strength of [...]
Refis up Another 10% as Rates Revisit Recent Lows
Declining interest rates made for another strong week for mortgage applications. The Mortgage Bankers Association (MBA) said its Market Composite [...]
How to Buy a Small Multifamily Property (A Step-by-Step Case Study for Newbies!)
I really like small multifamily properties, and I talk about them an awful lot. Several months ago, I wrote [...]
Appraisals are no longer required on some home sales of $400,000 and under
Regulators raise appraisal threshold for first time since 1994 Beginning Oct. 9, 2019, certain home sales of $400,000 and under [...]