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Tag Archives: Mortgage

rent in the US

How Expensive Is Rent in the US?

21.3 million U.S renters spend 30% of their income on rent Rent in the US Practically, half of the U.S renters are burdened by the costs, a new survey has revealed. This comes against a backdrop of a 0.1 percent drop in rent in the US in September. As it turns out, the rent prices are up once

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conforming loan limits

Conforming Loan Limits for 2019 Are Available Now

FHFA Announces Maximum Conforming Loan Limits for 2019 The Federal Housing Finance Agency (FHFA) has announced its new Conforming loan limits for 2019. During the announcement, FHFA increased their limits for the loans acquired by Freddie Mac and Fannie Mae. FHFA is increasing its loan limits for the third straight year in a row after

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Federal Interest Rates

What’s happened in the Past Year with Federal Interest Rate?

The Impact of  Federal Interest Rate Hike Federal Interest Rate The Federal Interest Rate has just suffered a third-time increase this year. What occurs in the past year with the federal interest rate is that the Federal Reserve has raised its benchmark interest rates to the range between 2.00%-2.25%.  This happens to be the seventh time the Feds

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Las Vegas Housing Market

Las Vegas Housing Market: Is it hot or is it not? Trends and Statistics

Las Vegas Housing Market Trends and Statistics Las Vegas Housing Market The hottest housing market in the country can be found in Las Vegas, Nevada. So, if you have developed desires to move to Las Vegas as your new home, you are in a long queue of others trooping into the world’s number one entertainment capital.

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qualify for a mortgage

Qualify for a Mortgage by Using Retirement Income

Can You Use Your IRA to Qualify for a Mortgage? Qualify for a mortgage: Mortgage lenders qualify borrowers for a mortgage based on their credit scores, debt-to-income ratio, and assets. As a result, retired borrowers are facing difficulties when trying to get a loan due to their decrease in income. Qualifying for a Mortgage using your retirement

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