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Will home prices fall after the COVID-19 pandemic?

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The COVID-19 (aka Coronovirus) began in the U.S in early March 2020, almost exactly when one would expect the home buying season to begin heating up.  Five months later, the pandemic does not show any signs of slowing, and the macro-environment includes: Unemployment rate is firmly above 10%. GDP shrunk +30% in Q2 2020, the [...]

How to calculate your debt-to-income ratio

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How It Works In addition to knowing your approximate credit tier, it is very helpful to know your debt-to-income ratio (often abbreviated as “DTI”) when looking at taking on a new loan or mortgage.  Talking about ratios may sound scary, but it is really easy.  You can do it.  Just write down these numbers: Debt: […]

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