Price - to - income ratio is useful in real estate market trends for comparing
where current home values stand today versus values in the past.
Not exact matches
Another way that the
current crisis hurts those at the bottom of the economic ladder was revealed in a conversation with Lucy Luna, a United Food and Commercial Workers union organizer among immigrant farm workers in the Fraser Valley, who notes that the reduced
value of the Canadian dollar means that the remittances sent
home to Mexico by the «guest workers» shipped to Canada under a federal temporary work permit program are now nearly cut in half in
value by the time they reach Mexico,
where the economy is geared to the U.S. dollar.
Where Plan B really hits
home is in the numbers: Brown puts realistic dollar
values on the various aspects of his plan, and compares these costs with
current military spending.
As someone who is just a few months from paying off in full a mortgage on a $ 750,000
home (purchase price, not
current value), I have tried helping friends of mine understand it, but with little success, even when I show them that (in some cases) that we've led remarkably similar lives in terms of our income and expenses (including
home) and yet their financial situation is unquestionably horribly inferior to
where I (and my wife) are at.
MI is required on most loan products
where the Loan to
Value (LTV) exceeds 80 % — meaning that the loan amount can not be above 80 % of the home's current v
Value (LTV) exceeds 80 % — meaning that the loan amount can not be above 80 % of the
home's
current valuevalue.
This is usually a temporary situation because the equity is factored by
current market
value,
where the
value of the
home is higher than the market
value.
Where you buy not only affects the
home's
current and future
value, but it also affects your lifestyle.
«Orlando's inventory of available
homes is 11 percent below
where it was this time last year and continues to impact both sales and price,» says ORRA President John Lazenby, Colony Realty Group, Inc. «Regardless, we are seeing a small trend of increasing sales that illustrates buyer enthusiasm for our
current historically low interest rates and steadily rising
values.»
CoreLogic estimates 95.4 % of California homeowners with mortgages have equity, with only 4.6 % of mortgages underwater —
where consumers owe more than the
current value of their
home.