The Mortgage Balancing Act: What You Spend vs. What You Make
November 18, 2015
The mortgage balancing act is all about maintaining a solid debt-to-income ratio.
There are times when locking in a mortgage rate at loan application or appraisal could be worthwhile.
If you're serious about reducing the interest you owe on your mortgage, refinancing could be a good bet.
Mortgage interest is a double-edged sword. On one hand, it's a tax-deductible expense, but, by and large, it is the heaviest cost of homeownership.
Even with proper documentation and a stellar credit score, the mortgage application process can go awry.
Can you really get a mortgage with bad credit? Yes, but there may be some hoops to jump through.
In many areas of the U.S., the housing market is so hot that it’s now a seller’s market. Will you still be able to get a seller credit for closing costs?
If you want to pay your mortgage off faster, you can actually do it using your lender's money.
Credit is the biggest hot-button topic in mortgage lending by far. But is it always better to wait and build your credit before you buy a house?