Blog - Page 145 of 338 - Critter Skimmer

12

Sep

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Mortgage RatesHome Sales, Mortgage Rates

What’s Ahead For Mortgage Rates This Week – September 12, 2016

Few economic reports were released last week due to the Labor Day Holiday. The Federal Reserve released its Beige Book Report, which documents anecdotes shared with the Fed by its regional business contacts. A job openings report, weekly jobless claims and Freddie Mac's survey of mortgage rates was also released. Fed's Beige Book: Approaching Election Dampens Business Growth According to the Federal Reserve's survey of business contacts within its 12 districts, November's election is causing business owners to take a "wait and see" position regarding expansion plans. Commercial real estate contacts in several Fed districts cited modest projections for sales…

Growing Your Wealth: 3 Reasons Why Real Estate Is the Ultimate Long-Term Investment

While many people may be hesitant to consider real estate as a viable long-term investment, owning property has a steady historical track record and isn't as volatile as other investment markets can be. Any investor who hasn't seriously considered it as an option should take a closer look at the benefits of owning real estate and why it is the ultimate long-term investment strategy. It Becomes A Consistent Source Of Income Investing in rental property has the added benefit of being able to show regular returns in the form of rental income. Unlike other long-term investments that require a level…

Understanding ‘Disposable Income’ and How This Will Impact Your Mortgage Approval

There are few things more exciting than finding your ideal home, but with the rising cost of housing, a person's dream home can often come with a very high purchase price. If you're wondering how much home you can truly afford and how your cost of living will fare for your mortgage approval, here are some of the details on what you can expect when it comes to finding a home at an affordable price. What Is Your Debt-to-Income Ratio? Before deciding if a home is right for you, it's important to calculate what your debt-to-income (DTI) ratio is to…