What is DTI and How It Affects Your Mortgage Application
Ever wonder why it's essential to keep your debt in check when applying for a mortgage or what debt matters to your approval? This article will help you answer these fundamental questions so that you're in a great position to get approved for a home loan.
All About Debt-To-Income Ratio...
Listings on the Rise
Current market trends suggest that we may see a more normal pace of homebuying in the second half of this year.
New listings showed signs of a comeback in June as home prices broke a new record for the fifth month in a row at $385,000, according to the Realtor.com® Monthly...
Fannie Mae’s New Refinance Opportunity
The program aims to help about 2 million homeowners lower their interest rates.
Fannie Mae launched RefiNow earlier this month, which could help lower-income homeowners save hundreds of dollars a month on their mortgage payments. The program, which began June 5, aims to help about 2...
Homes: The Hot Commodity
Inventory shortages and low interest rates have led to almost half of U.S. houses selling above their list price.
America's housing market has grown so overheated as demand outpaces supply that prices keep hitting record highs — and roughly half of all U.S. houses are now selling...
Prequalified And Pre-approved: What's the Difference?
If you're thinking about buying a home, then you've probably heard the terms "pre-approval" and "prequalification." While often used interchangeably, there's a slight difference between the two. This blog will go over what it means to be prequalified versus pre-approved...