What is 'Loan-To-Value Ratio - LTV Ratio' The loan-to-value ratio (LTV ratio) is a lending risk assessment ratio that financial institutions and others lenders examine before approving a mortgage. Typically, assessments with high LTV ratios are generally seen as higher risk and, therefore, if the mortgage is approved, the loan generally costs the borrower more to borrow. Additionally, a loan with a high…
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Houston Named Best Market for Real Estate Investment Prospects
With the housing sector on the mend, there are key real estate markets in the U.S. that investors are seeing as the best for investment, including in Texas. According to a report by Pricewaterhouse Coopers, the Lone Star state had two of the best cities for real estate prospects, Houston and Austin. Houston was ranked…
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5 Essential Investing Moves For Millennials
photo from pexels.com If you believe recent reports from the web, you probably think Millennials are financial floozies, trading their retirement money for Venti lattes. The reality is probably not that bad, but also not as click-worthy: Research from the Transamerica Center for Retirement Studies indicates that nearly three-quarters of Millennials are saving for retirement…
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How Fast Can You Save for a Down Payment?
Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long would it take you to save for a down payment in each state? Using data from the United…
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