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Many lenders look for a DTI of up to 43%. In fact, for a mortgage to be eligible to be guaranteed by Freddie Mac, Fannie Mae, FHA, the VA, or USDA, borrowers must have a monthly DTI of 43% or less.
There is tension in the house. When I say anything, I am immediately wrong - unless my daughter wants something, and then she's sickly sweet. OK, I have a small pension of $1,500, Social Security of ...
'He is retired from a state job and receives a pension that nets around $3,600 per month, as well as lifelong health insurance for both of us' ...
I bought my first house in 2006, using a VA loan, and then eventually refinanced. I'm lucky to be a homeowner, especially with a 2.6% interest rate. I also feel guilty that none of my siblings can ...
Still, the amount Phoenix families can afford for a home varies based on factors like credit score, down payment and other debts. If you're interested in buying a house, here are some estimates to ...
If rates are rising. Rising mortgage interest rates often mean a smaller pool of buyers who can afford the price you want. Selling a home isn’t free, so if you can’t maximize your price, you ...
Should I sell my house now? If popular opinion is any guide, now may still be a good time to sell despite the evolving market ...
My husband and I both worked full-time jobs but couldn't find a suitable home near DC for under $430,000. We moved away in the early 2010s to Calvert County, Maryland, near the Chesapeake Bay.
You want someone who will focus on your specific financial goals and help you figure out how to get there, whether that means setting a realistic budget, deciding how much house you can afford ...
As floods keep coming, this small city can’t afford to let people leave. ... “We would love to sell our house and move somewhere on a hill where you don’t have to worry about getting wet.
Would an increase of $2,175 in tax on a $750,000 house wreak havoc in Rhode Island's tenuous housing market? ... When it sold, someone had to pay $109,020 in conveyance tax.