Tag: News

What is Debt to income ration?

What is Debt to income ration? Calculating your debt to income ratio (DTI) is one of the simplest ways to get a handle on your current financial health. DTI is the percentage of your monthly income that goes towards debt payments.  Lenders look at your DTI when they are considering your ability to pay back …

Continue reading

Most Youthful Cities in America

Most Youthful Cities in America The youngest cities are usually found near college towns. Realtor.com® researchers analyzed 2017 U.S. Census Bureau metro data to pinpoint the cities with the lowest average resident age (the rankings were limited to one city per state for geographic diversity). The top 10 cities all have an average resident age …

Continue reading

Tiniest Homes Are in America

Tiniest Homes Are in America   Tiny homes have grown in popularity among consumers who either want to simplify their life or need a smaller abode for affordability’s sake. Regardless of circumstance, apartments are getting smaller, and it’s occurring even as rents are rising, according to a new analysis from Apartment Guide, a real estate listing site. Just how tiny …

Continue reading

Halloween-Themed Open House

Halloween-Themed Open House Some real estate pros are prepping their “spooktacular”-themed open houses to attract potential buyers this month. Here are a few tips if you decide to follow the Halloween vibe: Don’t go all “goth” when decorating: Keep the themed decor simple and especially tasteful. No tombstones and graveyards or skeletons on the front stoop to …

Continue reading

Worst Bathroom Colors

Worst Bathroom Colors Nothing ruins a bathroom like a bad hue, and the gray trend may be one of the worst offenders, designers say. “Bathrooms tend to be enclosed spaces, so greige-y muddy colors can make the space feel smaller and dingy,” Ariel Okin, an interior designer in New York City, told Apartment Therapy. “Lighter …

Continue reading

Purchase a HUD home with just $100 Down

Purchase a HUD home with just $100 Down Achieve your dream of home ownership with the HUD $100 down program.  For just $100 down, you can purchase certain HUD homes.  You can also add a renovation option to finace both the purchase and improvements to your new home. See below for the highlights of this …

Continue reading

Public Transit Adds to Home Values

Public Transit Adds to Home Values Neighborhoods located within a half-mile of public transit services outperformed those farther from public transit based on a number of factors, according to a report released Monday by the National Association of REALTORS® and the American Public Transportation Association. The report shows commercial and residential real estate market sales …

Continue reading

Places to Retire in 2020

Places to Retire in 2020 Warm weather and low taxes continue to have a big pull on where retirees choose to settle down in their golden years. Those pulls are prompting many older Americans to continue to relocate to popular retiree havens in the Carolinas and Florida. U.S. News & World Report recently identified the …

Continue reading

HUD Expands Affordable Housing for Persons With Disabilities

HUD Expands Affordable Housing for Persons With Disabilities The U.S. Department of Housing and Urban Development announced this week that it is allocating $112 million to expand the supply of permanent affordable housing to low-income people with disabilities. Funding is available through the Section 811 program. About half of the new funding will go toward …

Continue reading

Appraisal Exemption Rule Takes Effect Today

Appraisal Exemption Rule Takes Effect Today Certain home sales of $400,000 and below will no longer require an appraisal, under a new rule that takes effect today. Homes that qualify for the appraisal exemption can receive an evaluation instead. This is the first time in 25 years that federal regulators have increased the property value …

Continue reading

Mortgages for Medical Professionals

Freedom mortgage is pleased to announce a mortgage designed to meet the needs of medical professionals with the Alliance Medical Professional Program. The program allows for purchase or rate term refinance of a primary residence for those in a qualifying medical profession. See the below image for all the highlights

Mortgages for Medical Professionals Freedom mortgage is pleased to announce a mortgage designed to meet the needs of medical professionals with the Alliance Medical Professional Program.  The program allows for purchase or rate term refinance of a primary residence for those in a qualifying medical profession. See the below image for all the highlights If …

Continue reading

DIY Renovations for the home

DIY Renovations for the home Eighty percent of homeowners anticipate taking on a home improvement project in the next year, and more than 70% of that group plans to do the work themselves, according to a new survey from Chase Home Lending. The top motivators for sprucing up a home include adding value to the …

Continue reading