Mortgages

Looking Back at Dallas: How Redlining Shaped the City

By Bethany Erickson / July 22, 2015 /

If the lending practices of the 1940s were still in place, would you have been able to get the mortgage you currently have? In some neighborhoods in Dallas, you’d be fairly confident in saying yes. But in others, the answer might surprise you. A week ago, I was able to attend a workshop hosted by…

Privlo Offers New Home Loan Options for Self-Employed Texans

By Leah Shafer / March 16, 2015 /

Getting a home loan can be a challenge for self-employed people: A typical mortgage lender wants to see one job with steady month-over-month income. But an independent contractor might have time off between jobs, varying amounts of income each pay period, and business income that looks low because of capital investments, which are common tax write-offs…

Hey Millennials! Not Sure if You Can Afford Your Dream Home? Realtor.com and Bankrate Now Have an App For That

By Joanna England / June 25, 2014 /

  I love using real estate apps on my phone. Every time I drive by a “For Sale” sign in a neighborhood, I pull out my phone and queue up one of my favorite listing apps (yes, I have more than one on my phone!) and check out the property and sometimes other ones nearby.…

Should I Rent or Buy? Zillow Says Dallas Residents Benefit From Homeownership Quickly

By Joanna England / April 30, 2014 /

Lots of people wonder if, considering their location and income, if it’s not more financially sound to buy or rent a home in their area. In some cities, renting is the obvious choice (hello, New York!). But what about Dallas? Zillow combed some facts and figures and came up with data that shows where it…

How Will Federal Shutdown Affect FHA Loans And Other Government-Backed Loans?

By Joanna England / October 2, 2013 /

Like they say, there’s good news and there’s bad news. Realtors and brokers won’t come out unscathed from the federal government shutdown, as a report from the National Association of Realtors shows. If you’ve got a closing coming up, best be prepared to have some hiccups. While the NAR report says that FHA will “continue…