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Archive for the ‘Affordability’ Category

Have you ever been rejected for a mortgage due to your debt-to-income ratio? Or know someone who has? Well good news: starting July 29, Fannie Mae is raising the DTI ceiling to 50 percent! Currently, it sits at 45 percent.

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Today we are going to discuss whether it is better to pay the closing costs in cash upfront or to take out a higher home loan. The difference could cost you thousands.

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What Do Rising Interest Rates Mean For You?

posted by Stephen Katz
Wednesday, April 19, 2017

Today, I’ll talk about what you need to know regarding rising interest rates.

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Tips To Sell Your Home For Top Dollar

posted by Stephen Katz
Wednesday, April 5, 2017

Today I’d like to go over some things that you should consider if you’re about to list your home for sale, especially if you’re trying to find the most accurate price possible.


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What You Need To Know About Property Taxes

posted by Stephen Katz
Thursday, March 30, 2017

Today, we’re going to talk about property taxes. The good news is property values are up. The challenge is that when property values go up, so do your property taxes.

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It’s unfortunate, but many people think that they can’t afford to purchase a home because they don’t have a large down payment saved up. Today, I discuss some down payment assistance programs that are available to homebuyers.

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If you can buy a house, you should. You get many tax benefits, including your interest and mortgage insurance being tax deductible. In a rental situation, you will spend equal to or more than your mortgage payments, and you don’t get any of those tax benefits and aren’t able to do home improvements.

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Owning A Home Can Offer You Wealth & Stability

posted by Stephen Katz
Wednesday, February 8, 2017


The two biggest reasons that Americans prefer owning their own home instead of renting are:

1. They want to be able to build equity.

2. They want to have a safe and stable environment.

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Even though it’s cool outside, it’s a hot time to buy! See below for why:


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home, mortgage, buying, lender 


  • It is believed by 36% of Americans that they need think they need a 20% down payment to buy a home.
  • Less than 10% has been put down 44% of Millennials who purchased a home this year.
  • 8% of loan applications were approved last month.

In September, the average credit score was 731.

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