Buying a home for the first time is a big life moment, and so is marriage. So if you're considering tying the knot and buying a home, there are a few things you should consider before deciding which you do first.
Mortgage companies won't use the highest credit score between you and your partner or even the average of your scores. They will focus on the lowest credit score, so if your spouse has a credit score that would keep you from getting the best rate possible, you may want to apply before you get married.
For dual-income couples, getting a mortgage with both spouses on the loan usually means you will qualify for a bigger home loan. However, if your spouse isn't on the loan with you, then your lender won't consider your spouse's income. That means you'll probably have to settle for a smaller, less-expensive home.
You also need to take into consideration your spouse's debt-to-income ratio. Watch to find out what that means, and how it could impact your chances of getting the mortgage you want.
Microsoft has announced that it's hired Sam Altman and another co-founder of ChatGPT maker OpenAI after they unexpectedly departed the company days earlier in a corporate shakeup that shocked the artificial intelligence world.
Many factors lie behind the disconnect, but economists increasingly point to one in particular: The lingering financial and psychological effects of the worst bout of inflation in four decades.
Advertisers are fleeing social media platform X over concerns about their ads showing up next to pro-Nazi content, hate speech on the site in general or billionaire owner Elon Musk’s own posts endorsing an antisemitic conspiracy theory.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
The board of ChatGPT-maker Open AI said Friday it has pushed out its co-founder and CEO Sam Altman after a review found he was “not consistently candid in his communications” with the board.
