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What percentage of your income should go to a mortgage?
Yahoo Personal Finance· 5 days agoYour DTI and the 25% rule are potential ways to determine how much to spend on your mortgage. Learn...
Sellers can help buyers with permanent fixed rate buydown to 5.99%
Orange County Register· 2 days agoOn $750,000 the principal and interest payment are $4,492 at 5.99%, respectively. The seller’s buydown cost would be $17,700. The payment is reduced by $372 (7.6%) per month ...
MBA: Mortgage Applications Increased in Weekly Survey
Calculated Risk· 6 days agoFrom the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 1.9 percent from one week earlier,...
Virginia REALTORS® April 2024 report finds home sales and prices are increasing
WFXR Roanoke via Yahoo Finance· 4 days agoRICHMOND, Va. (WFXR) — In an April 2024 report released by Virginia REALTORS®, the Commonwealth’s...
The Federal Government Should Not Subsidize Second Mortgages
Forbes· 6 days agoLast week, I submitted a very brief comment letter on the Biden administration’s proposal to allow...
Why Zombie second mortgages are threatening thousands of Americans' homes
KTEP 88.5 El Paso· 5 days agoZombie mortgages - second mortgages that many homeowners thought were long gone - are putting thousands of Americans at risk of losing their homes. Chris ...
A 20% down payment is 'definitely not required' to buy a house, economist says. Here's how much you...
CNBC· 4 days agoAbout 77% of future homebuyers have started putting money aside for a down payment, according to a...
'Zombie mortgages' threaten thousands of homeowners, an NPR investigation finds
WLRN Miami· 3 days agoAn NPR investigation has found that thousands of Americans are at risk of losing their homes over what are called zombie second mortgages. NPR's Chris Arnold from our investigations ...
Millennials explain the joy and sacrifice of living alone
Business Insider via Yahoo News· 3 days agoBusiness School, said it's become more difficult to buy a home because of the increases in home...
What Would It Take for Homes To Be Truly Affordable for the Lower Middle Class?
GOBankingRates via Yahoo Finance· 3 days agoThe median homeowner has a net worth ($396,200) nearly 40 times higher than the average renter...