Focus on Your Credit Score… What Affects Your Credit Scores? Several factors can affect your credit scores. One of the main contributors is your credit utilization, which is the ratio of your credit card balances to your credit limits. A high credit utilization can negatively affect your credit score, as it may suggest that you…
How Much Debt is Too Much to Buy a house Having enough income to make a mortgage payment is generally not the problem when it comes to buying a house. What’s more indicative of whether or not you can buy a house is how much debt you are running up, and what kind of debt…
Home purchasing can be a major endeavor, with numerous steps and considerations. Down payments, closing costs, credit scores and other requirements can add up quickly; however, there are financial programs available that can make your transition smoother from loan programs to tax credits – there’s something available at every stage. As well as government-sponsored homebuyer…
At first, the home buying journey may seem daunting and confusing; but with more knowledge and preparation you will find it much simpler to navigate the process and avoid costly errors. DiBugnara recommends that all first-time buyers prioritize understanding their finances as the top priority, including getting preapproved from lenders and cutting expenses to save…
Purchase of a home is one of the biggest financial decisions and investments you’ll ever make, so it is vital to seek professional advice throughout the process. First-time home buyers have numerous resources available to them including real estate agents, mortgage brokers and financial advisers as well as first-time buyer programs with lower down payment…
The housing crisis has had far-reaching impacts on society, affecting people from all walks of life. It’s a problem that has been growing for decades, and one that has only been exacerbated by recent economic downturns. In this article, we will take a close look at the impact of the housing crisis and examine who…
The Homeless in America 2023 American Homelessness in 2022: An Overview Homelessness is a crisis that has plagued America for decades. Unfortunately, in 2022, the problem of individuals experiencing homelessness has only gotten worse. Despite efforts to address the issue over the years, the number of people living on the streets or in shelters has…
home buying prospects for 2023 When Should I Buy a Home in 2023? If you’re looking to buy a home in 2023, it’s important to understand the current state of the housing market. Experts predict that interest rates will remain low, which could increase demand and lead to higher home prices. Therefore, if you’re able…
Are you planning on purchasing a home or refinancing your current mortgage? If so, you may be wondering what your monthly mortgage payments will be. This is where a 30 year mortgage rates calculator comes in handy. With this tool, you can calculate your estimated monthly payment based on the interest rate, loan amount, and…
1. The current national average for a 30-year fixed mortgage rate is 6.91%. However, rates can vary greatly depending on location and lender. 2. It’s important to shop around for the best mortgage rate, as even a small difference in interest rates can save you thousands of dollars over the course of your loan. 3….
