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Mortgage Professor about buying house: | |||||||||||||||||||||||
Buying Now Versus Buying Later
August 2, 2000 "Please settle an argument. I believe that we should buy our house now, even though we have no money for a down payment, because our credit is good and we can get a 100% loan. House prices have been rising in our area by about 4% a year. My ... more... A Look at Housing Bubbles 20 December 2004 What Is a Housing Bubble? Recent bursts in property appreciation suggest to some observers that we are in a housing bubble. A bubble is a marked price increase fueled partly by expectations that prices will continue to rise. Once that expectation comes into ... more... |
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buying house related definitions |
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Debt To Income Ratio
Debt To Income Ratio The ratio, expressed as a percentage, which results when a borrower's monthly payment obligation on long-term debts is divided by his or her gross monthly income. Equal Credit Act Debt ... more... Credit Report Credit Report A report documenting the credit history and current status of a borrower's credit standing, detailing a borrowers credit history including payment history on revolving accounts (eg. credit cards) and installment ... more... |
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More about buying house Glossary of Common Terms Used During the Mortgage Process Homes, To B(uy) or Not to B(uy) First-time House Buyers Still Finding It Tough to Get into the Market How to Protect Yourself from a Real Estate Bubble by Buying Foreclosures 18 Easy Steps to Buy a Bargain House Tips for Buying a New Home Home Loans- a Fillip to Your Desire to Rise on Property Ladder Conditions Are Right For Buying The Higher Priced Home YouVe Always Wanted Homes With Acreage-Ann Arbor Real Estate Home Seller Your Home Didn't Sell What Now?
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