There are two types of conventional mortgages: conforming and non-conforming. Conforming loans have rules set by Fannie Mae or Freddie Mac, which are government-sponsored agencies that buy mortgages from lenders and sell them to investors. Conforming conventional loanshave maximum borrowing limits rangi...
most of these are probably too young for the girls now, so I might just wait to read them to baby brother.I decided this year to focus on some springtime/Easter storybooks this week and then next week to really focus on the real Easter story. These are some Easter storybook gems we’...
Low debt-to-income ratio (DTI):Lenders look at your DTI to determine how much of your income is already dedicated to debt payments. FHA lenders often require a DTI of 45% or lower but may go as high as 50% in certain cases Loan limits:As of 2024, most areas have a maximum ...
’ Dr. Quartz counters that neuromarketing techniques could equally be used for benign purposes. ’There are ways to utilise these technologies to create more responsible advertising,’ he says. Brain-scanning could, for example, be used to determine when people are capable of making free choices...
Remember, these are run-of-the-mill CEOs, not the superstars or the supergreedy. Even they seem to regard being a multimillionaire as an entitlement befitting their position. From 1995 to 2005 their pay rose five times faster than the typical worker's. In 1995, median CEO pay was 94 tim...
Prof. Johnson, an excellent post but unfortunately you understate how difficult it actually would be to “nationalize” a large multi-national bank. The reason is this: is it a mistake to think of these firms as single entities. They are, in fact, collections of thousands of different legal...
Economic Bubble: An economic bubble develops when the value of financial instruments become overvalued. The current financial system is based on fractional reserves and therefore banks never have enough resources to cover withdrawals of all ...