Most Americans consume more salt than they need. Find tips for reducing sodium in your diet.
Image description: Tech. Sgt. Sara Bauer and Staff Sgt. Felipe Mendoza place flags above the graves of deceased U.S. military members at the Veterans Memorial Park in Bluffdale, Utah.
A group of volunteers from Hill Air Force Base helped the Memorial Park’s staff place flags by more than 4,300 deceased U.S. military members’ graves.
Photo by Airman 1st Class Tiffany DeNault, U.S. Air Force.
When you apply for a mortgage, it can sometimes be hard to understand how much of a monthly payment you can afford. Oftentimes you have to factor in additional fees and property taxes that add to the base cost of your monthly payment.
You can’t always rely on a mortgage broker or lender to ensure that you’re getting a responsbile loan that you can afford.
That’s why the Consumer Finance Protection Bureau (CFPB) introduced the Ability-to-Repay rule.
Under the new rule, lenders have to ensure that you can pay back the loan plus interest over the long term.
According to CFPB, in order to do that, lenders will need to verify the following before they can issue you a loan:
- Current income or assets;
- Current employment status;
- Credit history;
- The monthly payment for the mortgage;
- The monthly payments on any other loans associated with the property;
- The monthly payment for other mortgage related obligations (such as property taxes);
- Other debt obligations; and
- The monthly debt-to-income ratio or residual income the borrower would be taking on with the mortgage. (Debt-to-income ratio is a consumer’s total monthly debt divided by their total monthly gross income).
These rules will help protect you from lenders who might try to sell you an irresponsible mortgage that you can’t afford.
Share this guide with your kids to help them take care of their teeth.
Image description: The satellite image, captured today at 9:01 a.m. EST, shows clouds associated with the western frontal system stretching from Canada through the Ohio and Tennessee valleys, into the Gulf of Mexico.
The comma-shaped low pressure system located over the Atlantic, east of Virginia, is forecast to merge with the front and create a powerful nor’easter. The National Weather Service expects the merged storm to move northeast and drop between two to three feet of snow in parts of New England.
Photo from NASA.
Stay safe in severe winter weather with these tips from Ready.gov.
