Much about the home-buying process can be confusing. When you add mortgages to the mix, it can become even more challenging. From interest rates to closing costs, it can be tough to keep track of everything it takes to become a homeowner.. Unfortunately, being prepared for everything is next to impossible, and sometimes life can...
Jan 13, 2021
Securing a mortgage may seem like an unattainable goal for individuals making $20,000 to $30,000 a year; however, the difficulty isn’t necessarily true. While your income does play a role in a lender’s decision-making process, there are many other factors that a lender considers before a mortgage is granted. To help you better understand how...
Jan 12, 2021![Ohio Mortgage Rates and Best Lenders [Updated Nov 2020]](/assets/images/ad873227a601edba1e873b41ee91d66f.png)
The news of plummeting interest rates has many Ohio individuals and families considering the purchase of a new home or refinancing their current property. This unpredictable and unexpected year has resulted in the lowest interest rates on record in the last 50 years. Will they stay that way? It’s hard to tell. . The worldwide pandemic...
Dec 26, 2020![Kentucky Mortgage Rates and Best Lenders [Updated Nov 2020]](/assets/images/0ef0ff725d676fd0a2cde9e34c50b3ed.png)
Homeownership is one of the most significant financial choices that many people make. For Kentucky residents, achieving this dream is much easier than for residents in other areas. This is because Kentucky is known for being one of the most affordable states when it comes to house prices. On top of the affordability of homes,...
Dec 26, 2020
KENTUCKY – The distressed condition of the national housing market, paired with high unemployment, has created a fertile environment for unscrupulous fraudsters seeking to take advantage of desperate homeowners. Many homeowners who turn to loan modification or foreclosure “rescue” companies for help ultimately find that they have been scammed. An emerging trend in recent months...
Dec 17, 2020
KENTUCKY – Stephen C. Netherton, of Louisville, has been sentenced to 24 months in prison and ordered to pay $870,000 in restitution by U.S. District Judge Charles R. Simpson III, announced David J. Hale, United States Attorney for the Western District of Kentucky. Netherton pled guilty to charges of engaging in a conspiracy to commit...
Dec 17, 2020
KENTUCKY — This week, Dave gives advice on rental property debt.. Dear Dave,. I have a rental property that I still owe some money on, and I’ve just begun Baby Step 2 of your plan. Should rental property debt be included in the debt snowball?. Matt. Dear Matt,. No, it shouldn’t. Baby Step 2 of...
Dec 17, 2020
KENTUCKY — In this week’s Dave Says, Davie discusses mortgage expense versus being debt free.. Dear Dave,. I’m 28, single, and I just became debt-free. In addition, I make $70,000 a year and have the equivalent of six months of expenses set aside for emergencies.. Should I save up to pay cash for a house,...
Nov 06, 2020