What are the recent trends in the local real estate market?

Jan 7, 2025 ... By using the 28 percent rule, your mortgage payments should add up to no more than 28 percent of $8,333, or $2,333 per month. However, there are ... Apr 22, 2025 ... The lender will determine the size of loan you can afford based on your: Credit history; Income; Assets (items of value such as savings, ... We can help you with residential mortgages, second home mortgages, investment property mortgages, and refinancing. Mortgage affordability calculator. Get an estimated home price and monthly mortgage payment based on your income, monthly debt, down payment, and location. Thinking about how much house can I afford? Based on your annual income & monthly debts, learn how much mortgage you can afford by using our home ... Do we own your mortgage? Find out if Freddie Mac owns your loan ... Breakdown of the maximum home price that you can afford by loan amount and down payment. The best way to think about how much home you can afford is to consider what your maximum monthly mortgage can be. As a general rule of thumb, lenders limit ... Dec 6, 2024 ... For most mortgages, lenders prefer a DTI ratio below 43%. For example, if you earn $6,000 a month, your total debt payments—including your ... Find a home price and monthly mortgage payment you can afford. Just enter some basic information about yourself like your income. Then, enter information ... Lenders will use your debt to measure your ability to repay a new mortgage. Depending on the type of loan and your lender, the debt-to-income ratio will vary.