DSCR is an acronym for Debt Service Coverage Ratio. It is a metric used by investors to measure the ability of a company to repay its debt. By understanding this ratio, investors can make more informed investment decisions. The rental market is booming, and it’s likely that investors will take advantage of this by purchasing […]
When mortgage forbearance plans were first announced and the pandemic surged through the country in early 2020, many homeowners were allowed to pause their mortgage payments. Some analysts were concerned that once the forbearance program ended, the housing market would experience a wave of foreclosures like what happened after the housing bubble 15 years ago. […]
If you’re looking to buy a home it’s always better to start sooner rather than later. Keep reading to learn why! Homeowners who buy their homes before the age of 35 are better prepared for retirement at age 60, according to a new Urban Institute study. The organization surveyed adults who turned 60 or 61 […]
Once you’ve found your dream home and applied for a mortgage, there are some key things to keep in mind before you close. It’s exciting to start thinking about moving in and decorating your new place, but before you make any large purchases, move your money around, or make any major life changes, be sure […]
In today’s housing market, all eyes are on you millennial. Not only are millennials the largest generation, but they’re also currently between 25 and 40 years old. These are often considered prime homebuying years when many people begin to invest in real estate. If you’re like many millennials who are spending much more time at […]