The housing market is locked this summer due to high mortgage rates, low inventory, and the "lock-in effect." This is making it difficult for buyers to find a home that they can afford.
Eid-El-Kabir, also known as the Festival of Sacrifice, is a significant religious celebration observed by Muslims worldwide. As we commemorate this joyous occasion, it's an opportune time to explore the parallels between Eid-El-Kabir and the journey of homeownership in the real estate market.
If you’re considering purchasing a home, debt-to-income ratio (DTI) is an important term to familiarize yourself with. Your DTI can ultimately make it easier or harder for you to qualify for a mortgage.