Rent rooms could boost refinance prospects and loan size
Renting rooms may help you qualify for a larger loan by improving your debt to income ratio under programs like Fannie Mae HomeReady. Prove the renter shared your residence and paid rent for at least 12 months with records such as canceled checks or tax forms.
MENTIONED IN THIS ARTICLE
Fannie Mae
Kathleen Beck
West Coast Mortgage Group
Sacramento
California
Net worth and financial health explained with age and education gaps
This overview compares average and median net worth across age groups and education levels using 2013 to 2016 Federal Reserve data. It notes higher gains for noncollege households, explains how credit scores and debt to income ratios affect borrowing, and urges considering retirement savings alongside net worth for daily money decisions.
MENTIONED IN THIS ARTICLE
U.S
Federal Reserve
The
Fed
Free family activity ideas list
Lauren Schwahn compiles twelve no cost family ideas. Activities include game night reading storytelling fort building scavenger hunt dress up crafts outdoor outings free classes at retailers and centers making a time capsule a tea party and a family tree the guidance emphasizes accessible options for all ages.
MENTIONED IN THIS ARTICLE
Guitar Center
Apple
Memory Lane
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By Lauren Schwahn
Freepik.com