The consumer purchasing power of U.S. Social Security program benefits in 2024 is roughly 80 cents on the dollar when compared to the power of these benefits in 2010, illustrating the continued bite that inflation is having on American households as well as the diminished buying power of those living…
Continue reading →Anyone wondering who would take Joe Biden’s spot on top of the Democratic presidential ticket should he drop out got an answer within mere hours of Biden’s long-anticipated withdrawal — Kamala Harris. Democrats in office and the party’s elder statesmen and stateswomen quickly endorsed Harris, including those who were seen…
Continue reading →Here’s a breakdown to help determine your budget for buyinig a home.
1. Assess Your Financial Situation
2. Calculate Your Debt-to-Income Ratio (DTI)
3. Determine Your Down Payment
4. Consider Additional Costs
5. Get Pre-Approved for a Mortgage
6. Use the 28/36 Rule
7. Factor in Lifestyle and Long-Term Goals
8. Consult with Professionals
For a more complete answer, visit:
And, if you’d like more specific advice tailored to your situation, I can help you run some numbers or give you more detailed steps! You can give me a call at 603 617 6018.
Mortgage rates have come down with recent positive inflation news. However, they are still higher than they were six months ago. I think rates are on the verge of going lower. Will consumers respond? I expect that mortgage rates under 6.75% and moving towards 6.5% will shake homebuyers into action,…
Continue reading →The U.S. Department of Housing and Urban Development (HUD) on Monday announced a new $175 million notice of funding opportunity (NOFO) under its Continuum of Care (CoC) program, which will go toward the development of new rental housing units with “supportive services for people experiencing homelessness,” the department explained. This…
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