I just read this very interesting article about how the new rules regarding home appraisals are having some unintended negative consequences. I know this to be true because I just went through a similar situation with one of my clients. The appraisal for the home she was buying came in much lower than expected and…
Tag Archive: get a mortgage
When It Comes To Getting A Mortgage, Patience Is A Virtue
If you are in the process of buying a home or refinancing your current mortgage, you may need to exercise a great deal of patience.
Why I’m Mad at the New York Times and their view of the Mortgage World…..
Mortgage companies are making it difficult for people to buy homes.
Are Housing Prices Finally Stabilizing?
The continued deterioration in housing prices may finally be coming to an end.
Debt To Income Ratios
Your debt to income ratio is simply a measurement to determine how much of a mortgage you can afford. The number is arrived at by dividing all of your monthly debts (including your total housing expense) by your gross monthly income.