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.
Nvidia on Wednesday became the first public company to reach a market capitalization of $5 trillion. The ravenous appetite for the Silicon Valley company’s chips is the main reason that the company’s stock price has increased so rapidly since early 2023.
Chris Williamson, Chief Business Economist at S&P Global, breaks down September’s CPI print and inflation trends, explaining what it means for markets.
A big-screen adaptation of the anime “Chainsaw Man” has topped the North American box office, beating a Springsteen biopic and “Black Phone 2.” The movie earned $17.25 million in the U.S. and Canada this weekend. “Black Phone 2” fell to second place with $13 million. Two new releases, the rom-com “Regretting You” and “Springsteen — Deliver Me From Nowhere,” earned $12.85 million and $9.1 million, respectively. “Chainsaw Man – The Movie: Reze Arc” is based on the manga series about a demon hunter. It's another win for Sony-owned Crunchyroll, which also released a “Demon Slayer” film last month that debuted to a record $70 million.
The Federal Aviation Administration says flights departing for Los Angeles International Airport were halted briefly due to a staffing shortage at a Southern California air traffic facility. The FAA issued a temporary ground stop at one of the world’s busiest airports on Sunday morning soon after U.S. Transportation Secretary Sean Duffy predicted that travelers would see more flights delayed as the nation’s air traffic controllers work without pay during the federal government shutdown. The hold on planes taking off for LAX lasted an hour and 45 minutes and didn't appear to cause continued problems. The FAA said staffing shortages also delayed planes headed to Washington, Chicago and Newark, New Jersey on Sunday.
