Thinking about buying a home but not sure where to start? You may want to think about applying for a mortgage. Maggie Leigh Marshall, Licensed Associate Real Estate Broker, joins Your Future Home to discuss what paperwork is needed to get a mortgage and how to present the best offer possible.
There is a very big difference between being pre-approved and pre-qualified for a mortgage. Marshall talks through what each step means and explains why it's so important to make sure you are pre-approved before jumping into the housing market.
Plus, what do sellers want to see in an offer? Marshall says you need to provide proof-of-funds and a good debt/income ratio. For a reference, she believes your debt shouldn't exceed your income more than 30%. However, the lower the number is the better chance you have to be approved for the house.
In this edition of Tik Talk None Of The Above's J.D. Durkin breaks down the latest trend on TikTok where people sit down to tape a scholarship application video and it all goes off the rails.
First American Deputy Chief Economist Odeta Kushi joins Closing Bell to discuss the pros and cons of renting vs. owning your home in the current market. Owning can involve extra costs -- but compared to renting, it's better to own in order to build equity.
It's hard to believe that 2020 will soon be something we went through two years ago. Although we are making progress as a society, it's clear that looming mental health problems continue to be reported for people nationwide. A new study by the telehealth company Evernow, found that women are largely being impacted by the tolls of the pandemic. Dr. Alicia Jackson, CEO and founder of Evernow joins us to discuss those factors.
In stories sure to move markets next week, Robinhood and several retail giants report earnings, Jerome Powell takes the podium, New York City's mask mandate goes into effect, and Tesla hosts its 'AI Day.'
