Photo by cottonbro from Pexels Should you buy a house by yourself or with a cosigner? Here are a few things to consider. A House Cosigner Can Help You Qualify for a Loan One of the main reasons why people often team up to buy a home is they’re more likely to qualify for a mortgage. Two […]
Photo by Karolina Grabowska from Pexels With the housing market rates increasing in March of 2021, there are many questions surrounding what this means for the rest of the year, if now is the right time to make a purchase or refinancing decision, and how much longer rates will be in this range. Rates Have Risen in […]
Photo by The Lazy Artist Gallery from Pexels The mortgage and real estate housing markets have been on a slight increase in March 2021. With businesses reopening and glimpses of a return to normalcy, there is a strong purchase demand. Since January, rates have increased by half a percentage point from the historic lows due to the pandemic. […]
Photo by olia danilevich from Pexels Your debt-to-income ratio is a simple calculation of adding up your monthly debt and dividing it by your gross income. But why is your debt-to-income ratio – also called DTI – so important? Here are three reasons. Debt-to-Income Ratios Indicate Financial Stability The first thing to reference is how your DTI […]
Photo by tamil king from Pexels Are you looking to reduce your monthly mortgage payments, lower your interest rate, pay off your loan faster? If you answered yes to any of these questions, then refinancing may be right for you! With rates as low as they’ve been in years, for many Americans, now is the time to start […]