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Mortgage rates are hovering in elevated territory, with a lot of uncertainty about where they're headed. But doing any of ...
Conforming mortgages, the most popular type of mortgage ... to lower your balances and increase your income will help your DTI go down. Once your DTI goes down, you'll be in a better position ...
Since mortgages are personalized products ... 36% or less—although some lenders might be willing to go up to 43%. To figure out your DTI ratio, divide your total monthly debt payments by ...
It's important to go into this process knowing how much you can comfortably afford to spend on housing each month. Mortgage lenders look at your DTI to understand how big of a housing payment you ...
She is a New York-based writer covering mortgages and the housing market ... ARM lenders generally require a debt-to-income (DTI) ratio of less than 50%. That means your total monthly debt ...
As with other mortgage lenders, PNC will take factors such as your credit history and debt-to-income (DTI) ratio into account when determining loan eligibility. You may qualify with a down payment ...