Blog - Page 241 of 338 - Critter Skimmer

22

Jul

By

Mortagage TipsDebt to Income Ratio, Mortgage Approval, Mortgage Loan Information

Assessing Your ‘Debt-to-Income Ratio’ and Why This Number Matters When Getting a Mortgage

If you are looking to buy a home, you may want to consider shopping for a loan first. Having your financing squared away ahead of time can make it easier to be taken seriously by buyers and help move along the closing process. For those who are looking to get a mortgage soon, keep in mind that the Debt-to-Income ratio of the borrower plays a huge role in the approval of your mortgage application. What is a Debt-to-Income Ratio? A debt-to-income ratio is the percentage of monthly debt payments compared to the amount of gross income that a person earns…

Seeking the Perfect Summer Home Improvement Project? It’s Time for an Inground Pool

The warmer summer months provide homeowners with the ideal conditions for making improvements to their property. One of the more popular options for summer time improvement ideas is installing an in-ground swimming pool. While a swimming pool may seem like a pure luxury to some, there are actually considerable benefits that homeowners can enjoy by adding an in-ground pool. With closer consideration, homeowners may decide that this is the ideal improvement to make to their property. The Perfect Place For Relaxation And Entertainment Many homes provide ample space for basic living, but they often lack an extra space that is…

What’s Ahead For Mortgage Rates This Week – July 20, 2015

Last week's economic news included an encouraging report from the National Association of Home Builders, whose housing market index held steady with a reading of 60 in July. This was the 13th consecutive month for readings over 50, which indicate that more builders are confident about housing markets than those who are not. July's reading was noteworthy as it was the highest since November 2005 prior to the recession. Housing Starts, Building Permits Increase The Commerce Department provided further evidence of stronger housing markets with reports on housing starts and building permits issued in June. Housing starts rose from May's…