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Your Debt-To-Income Ratio and How It Affects Your Mortgage

by guestadmin | Apr 5, 2017 | Home Mortgage Tips

When you’re delving into the market in the hopes of finding your dream home, it’s likely you’ll come across the term debt-to-income ratio. This may not seem important at first, but your DTI is the key to determining the amount of money you can put...

Understanding Mortgage Amortizations and Why Longer Periods Can Cost More

by guestadmin | Apr 4, 2017 | Home Mortgage Tips

Buying a home is one of the largest investments you will make in your life, and that’s why so many people have longer mortgage amortization periods to pay down the principal. While it may seem appealing to have a longer amortization period, here’s why an...

What’s Ahead For Mortgage Rates This Week – April 3, 2017

by guestadmin | Apr 3, 2017 | Mortgage Rates

Last week’s economic news included Case-Shiller Home Price Index reports, pending home sales, and consumer confidence readings. Weekly readings on average mortgage rates and new jobless claims were also released. Case-Shiller: Home Prices Higher in January...

Student Loans vs. Down Payments: 3 Ways You Can Manage Both and Buy a New Home

by guestadmin | Mar 31, 2017 | Home Buyer Tips

The idea of paying off your student loans and buying a home at the same time can seem like an impossible feat given the impact on your Debt-to-Income (DTI) ratio. However, there are ways it’s possible to have enough funds and good enough credit to make your...

Trim Your Mortgage Closing Costs by Following This Easy 3 Step Guide

by guestadmin | Mar 30, 2017 | Home Mortgage Tips

You may be so busy with determining your debt-to-income ratio and deciding what kind of offer to make that closing costs have gotten lost in the mix, but it’s important to remember that finalizing your mortgage will cost you extra. While there’s no way to...
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