Landmark Management Services, Inc.

Consumer debt and late payments play a crucial role in a borrower's ability to qualify for a mortgage. Lenders review your entire financial profile, especially your debt-to-income (DTI) ratio and credit history, to assess whether you can responsibly manage a new home loan in addition to your existing obligations. Debt-to-Income (DTI) Ratio Lenders typically require your DTI ratio (monthly debt payments divided by gross monthly income) to be 43% or lower, with some preferring

Home loan applications rose slightly by 1.1% for the second consecutive week, following a larger 11% increase the previous week,...

Let’s face it: The housing market is tough right now. Home prices are high, interest rates are up, and many people are finding it harder...

Source: NAR Homebuyers this spring are securing lower mortgage rates than a year ago, with 30-year fixed rates averaging 6.76% , down...

With  high mortgage rates  and home prices, lenders are scrutinizing borrowers with increased intensity. While your bank statements and...

According to Zillow, here's a summary of the current mortgage rates in Pennsylvania as of March 19, 2025: 30-Year Fixed Mortgage Rate : ...

Mortgage Rate Update in Monroe County, PA Currently, the average 30-year mortgage rate in Monroe County, PA, is around 7%. Here's how...