How to Avoid the Most Common Reasons for Mortgage Rejections

A Federal Reserve study covering millions of mortgage applications revealed the three most common reasons for mortgage loan application rejections. As would be expected, credit scores and credit histories were at the top, while valuation issues were at number three. The top reason why mortgage applications are rejected is flunking the debt-to-income (DTI) test. During…

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Your Poor Credit Score May Be Undeserved

Anyone who wants a mortgage knows that credit score is king. But as many people are starting to realize, credit-scores are more of a guideline than an exact science. It may not be possible to get it exactly right, but if there was a way of scoring consumers more fairly, surely it would be widely…

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New Year’s Resolution: Drive without Digital Distractions

If you’re looking for a habit to give up in the New Year, cutting out phone Apps while driving (even when not texting) may be a good place to start. There are plenty of well-intentioned Apps with functions that may help drivers, like Waze, which rewards drivers for reporting traffic jams and accidents, or a…

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