Debt to Income Ratios
Debt-to-Income ratio is a tool that lenders use to qualify buyers for a mortgage and is an important factor in determining loan approval....
Posted by Renee Thompson on December 28, 2020
Buyer's Closing Costs
Ideally, each party will pay their own closing costs associated with the purchase and the sale of a home, but they can be negotiable based on lender ...
Posted by Renee Thompson on December 21, 2020
What happened to Assumptions?
Mortgage assumptions have not been a practical matter for the last 30 years because mortgage rates have been on a steady decline. Even if ...
Posted by Renee Thompson on December 14, 2020
Vacation home sales are up 44% year-over-year according to the National Association of REALTORS® based on sales during the July to September ...
Posted by Renee Thompson on December 7, 2020