what is the debt to income ratio for mortgages

While debt to income ratio might sound like a metric more suited to accountants and financial professionals, your personal debt to income ratio is something that you should know and track. For starters, financial institutions use the debt to income ratio in determining whether to grant you credit, including loans for mortgages. Additionally, the debt to income ratio is a … [Read more...] about How to Control Your Debt to Income Ratio – A Guide For Beginners