income: Affordability Vanishing in Prime Markets! - 04/11/14 01:21 AM
Affordability Vanishing in Prime Markets! 
If you want to live in one of the major metro areas across the country, you might be noticing that buying into the most popular neighborhoods is no longer feasible as the market has now corrected itself to the point that affordability is now becoming a major issue in many major markets. Some families have begun to dedicate huge portions of their monthly income to housing nowadays! Over the last several years when prices were up to 30% lower in some areas, people were able to purchase homes in areas they could only dream of only a … (0 comments)

income: Why was my loan declined? - 10/13/11 08:22 PM
Why was my loan declined? No prospective home buyer wants to hear the words "We regret to inform you..." Unfortunately, according to federal data more than two million people in the US heard those ill fated words! Why? For a variety of reasons ranging from just not meeting certain lender requirements or because they didn't fill out the applications properly or completely. That number doesn't even include all the people who abandoned the process all together! The Mortgage Bankers Association estimate that about half the people who try to refinance and 30 percent of buyers are either declined financing or they … (8 comments)