When you’re buying a home, mortgage lenders don’t look just at your income, assets, and the down payment you have. They look at all of your liabilities and obligations as well, including auto loans, credit card debt, child support, potential property taxes and insurance, and your overall credit rating. Use this calculator to determine how much of a mortgage you may be able to obtain. Click on the link to find out NOW!
The Federal Housing Finance Agency (FHFA) released its monthly report Tuesday on U.S. home prices in May, based on its House Price Index (HPI) for houses financed or guaranteed by Fannie Mae or Freddie Mac. According to the FHFA, home prices increased in May by 0.8% from April to an index level of 188.06, which was the highest level for home prices since August 2010 (see top chart above). The April-May increase in the...
[caption id="attachment_865" align="alignleft" width="98"] Tamra Wade[/caption] We met with the rental home owner on Monday and signed the Lease Agreement, paid August rent, and she handed us the keys and said to "come and go as you will". Wow. We are grateful for the leniency of a few extra days to be able to transfer some of the small stuff in the car as we come to church or visit with children/grandchildren. The bump...
