Tag: Millennials

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Great News For Home Buyers

Fannie Mae, the country’s largest mortgage money source, will soon be easing its debt-to-income restrictions. This change has the potential to open the door to many new buyers who were previously unable to qualify. The DTI ceiling will be raised from its current 45 percent to 50 percent on July 29.

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7 Reasons You Should Buy A Home now

– Rents are rising at a faster rate than home prices. – Mortgage interest rates are still low

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Home Buying – What Millennials Really Want

Over the years, a trend has formed. Article upon article, stating that it has the answer, “What Millennials Want.” Unfortunately, most of these articles are wrong. The truth is, many of the people writing these articles hail from another generation who seek to understand Millennials with little or no success. This is because much of the consumer data gathered on Millennials was misleading. Millennials, more than any other generation, are saddled with debt.