Due to the government shutdown, nearly all reports will be delayed aside from a few third party reports. The Consumer Sentiment report has been released on time and shows that consumers are still frustrated with the economy and increasingly high … [Continue reading]
The Connection Between Your Debt-to-Income Ratio and Mortgage Approval
When applying for a mortgage, one of the most important factors lenders review is your debt-to-income ratio. This simple calculation helps determine how much of your monthly income is already committed to paying debts, and it plays a major role in … [Continue reading]
Reverse Mortgages for Retirement Planning
As homeowners approach retirement, many begin to think about how to maximize their financial security while maintaining independence. For those who own a home with significant equity, a reverse mortgage can provide an additional source of income. … [Continue reading]
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