Home shoppers wanting to qualify for a home loan may get declined because of a number they’ve never heard of: their debt to income ratio (DTI). If you’re a lttle bit hazy on Debt to Income Ratio (DTI), you’re in good company. According to Fannie Mae’s Economic & Strategic Research (ESR) Group, ... » Learn More about Debt to Income Ratio Why It Matters
Home buying
New Florida laws that go into effect today
Several bills passed by the Florida Legislature and signed by Gov. Scott went into effect today. Even though the state's new laws impact an array of topics, some have a direct connection to real estate-related issues. New Florida laws that go into effect today Statewide water policy SB 552 (Sen. ... » Learn More about New Florida laws that go into effect today
Do you know What Makes Home a Home?
Some may say a house, some may say family. Some might say comfort. Home is all of them and then some. The Life at Home report, released annually by IKEA, surveys thousands of people all over the world to find out what will make a home a home. The findings this year pose an idea of home that ... » Learn More about Do you know What Makes Home a Home?
Mortgage Rates Continue to keep New 3-Year Lows
Rates on mortgages move lower again following last week's Brexit headlines (the U.K.'s vote to depart the European Union). Indeed it's hard to turn on the TV, computer, or radio without listening to Brexit. Global financial markets are still in the throes of the "initial reaction" time period. That ... » Learn More about Mortgage Rates Continue to keep New 3-Year Lows
Top Housing Preferences Depend upon Your Age
What you want in a house largely will depend on which generation you come from. Lesley Deutch, a principal at John Burns Real Estate Consulting, studied the top housing preferences by age and revealed insights that can assist builders figure out what types of homes to build for each ... » Learn More about Top Housing Preferences Depend upon Your Age