How Much House Can I Afford? It Depends!

Are you wondering, “How much house can I afford?”?The answer depends on your debt-to-income ratio (DTI), down payment, and other factors.

Being a homeowner isn’t just about choosing a house. You must also ensure that you can afford the monthly mortgage when it knocks on your door. By following the 28/36 rule, you will save money and ensure that you can afford the purchase.

Choose a home with an affordable monthly payment. Besides saving money, you will avoid the awkward position of having to sell every stick of furniture just to make ends meet.

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10 Signs its Time to Refinance

Perhaps you’ve thought about refinancing your mortgage, but you’re unsure whether or not it’s the right move. Maybe you’re asking yourself if it’s the right time, and wondering if rates will stay low, go lower or even begin to rise.

Truth is, sometimes it’s hard to know when to take the plunge.

Whether you bought a home recently or many years ago, you probably noticed that mortgage rates stayed near historic lows in early 2021.

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