ARE MORTGAGE RATES GOING TO STAY LOW FOR THE NEXT FEW YEARS?
Q: I saw that the Fed stated that interest rates were going to be effectively zero through 2014. Does that mean that mortgage rates are going to stay very low for the next few years? We are thinking...
View ArticleARE THERE LOW DOWN PAYMENT OPTIONS AVAILABLE?
Q: My income qualifies me to purchase a home; however, my current funds available for my down payment are limited. What are my options? A: Many first time buyers will consider remedies such as a gift...
View ArticleHOW MUCH HOME CAN I AFFORD TO BUY?
Q: How much can I afford to buy? A: Banks and lending institutions will use several criteria to determine how much money they’ll agree to lend. Two important ratios are the debt-to-income ratio and...
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