BobMortgage Zone

BobMortgage Zone: Is it Better to Rent or to Own?

By Joanna England / September 6, 2018 /

Depending on where we are in the real estate market’s cycle, it might be more financially advantages to rent rather than buy a home. According to CNBC’s Dana Olick, it’s better to rent than to buy in today’s market. But is that really the case? Take a look at the fact and figures in the…

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BobMortgage Zone: What About All of Those Price Reductions?

By Joanna England / August 30, 2018 /

According to a recent report from Zillow, a significant number of markets across the nation are seeing price reductions across all ranges. Is that a sign of depreciation? What can buyers and sellers expect when it comes to the bidding process? In this weeks BobMortgage Zone episode, Bob Johnson (AKA BobMortgage) tells us what these…

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What is a Debt-to-Income Ratio and How Does it Affect Your Mortgage?

By Joanna England / August 16, 2018 /

There’s a lot of mystery wrapped up in how you get pre-approved for a mortgage. Part of that lies in the debt-to-income ratio, which is part of the alchemy mortgage companies use to see how much you can borrow for your home. But how do they calculate it, and what’s behind the numbers? In this week’s…

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BobMortgage Zone: How Much Cash Does it Take to Close?

By Joanna England / August 2, 2018 /

When you buy a home, there are quite a few situations where buyers will need to pay cash to during the length of the transaction. But what are they, and how much will it cost? Our most-trusted mortgage expert, Bob Johnson (AKA BobMortgage) pulls back the curtain on how much cash you’ll need to buy…

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BobMortgage Zone: What’s The Best Way to Buy a Home For Your Parent?

By Joanna England / July 26, 2018 /

Sometimes roles are reversed, and parents end up needing a hand financially. But what’s the best way to help a parent buy a home when they don’t have the financial means to do it themselves? It’s an interesting situation that Bob Johnson (AKA Bob Mortgage) came across recently. In today’s 15th BobMortgage Zone episode, the…

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