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Money Quiz for Couples: Financial Compatibility Test

You’ve heard time and again that money is the main source of strain in romantic relationships, but just how problematic are finances for couples?
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A 2013 study by TD Ameritrade found that couples fight about money five times per year, on average. Interestingly, 40 percent of survey respondents said they do not trust their partners to manage their combined finances fully, yet only 5 percent stated money was an important factor when choosing a partner.

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How Much Should You Tip Movers? Explaining Tipping Etiquette

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Affordability Options for First-Time Homebuyers – Buy – realtor.com

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Upcoming FHA rule could squeeze homebuyers and sellers | Inman News

Realtors, lenders and community associations are up in arms about forthcoming Federal Housing Administration rules they believe could make mortgage financing more expensive — maybe even impossible — for large numbers of buyers and sellers around the country.
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The concerns are not about condo certifications this time around — an issue that has caused hundreds of condo developments to drop their eligibility for FHA mortgages on individual units. The new problem is even broader, affecting potentially tens of thousands of homeowner associations that routinely impose transfer fees whenever units are sold.

via Upcoming FHA rule could squeeze homebuyers and sellers | Inman News.

Be ready to buy your first home – May. 2, 2014

First-time home buyers have it tough. The supply of homes for sale is tight, and lenders are tightfisted.
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The Ultimate Guide to Real Estate Jargon | Trulia Tips

jargon

You’re trying to learn how to navigate the confusing world of buying a home, but you keep stumbling across words that you’re sure don’t appear in the English language.

Assessment? Appraisal? Balloon payment? You’ve never heard these terms before. What do they mean?
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Mortgages may be easier to get than potential home buyers believe – latimes.com

WASHINGTON — Are you on the home-buying sidelines this spring because you think you won’t be able to qualify for a mortgage? Do you know what sort of FICO credit scores are being accepted by lenders at the moment — they’re lower than they were a year ago — and whether yours could now be good enough?
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You may be part of the surprisingly large crowd of folks who fear the home-loan unknown. A new national consumer survey found that 56% of potential purchasers of homes say they’re out of the market because they don’t want to face the possibility of rejection by lenders. Even 30% of current homeowners believe that they wouldn’t pass muster today.

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Can a Car Loan Keep You From Getting a Mortgage? – Finance – realtor.com

Buying a new or slightly used car and purchasing a home are two of the biggest financial steps we make in our lives, but did you know one could affect the other?
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When you apply for a car loan, the size of your monthly payments and how well you maintain those payments can factor into your mortgage approval. Here’s what you need to know before you take on these big purchases.

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5 Tips for a Successful Lowball Offer on a Home – Buy – realtor.com

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