Home Buying

When you apply for a mortgage, your credit score isn’t the only number lenders look at. One of the most important — and often misunderstood — factors in mortgage approval is your Debt-to-Income (DTI) ratio. At Rate Simple, our goal is to help you understand how lenders make their decisions so

Buying a home is one of life’s biggest milestones. But if you’re putting down less than 20% on your mortgage, there’s a good chance you’ve come across something called Private Mortgage Insurance (PMI). For many homebuyers, PMI can feel confusing or even frustrating. Why pay for

A Year of Change for Homebuyers 2025 is bringing shifts across the housing market that every buyer and homeowner should understand. Mortgage rates are adjusting, inventory is moving, and affordability is evolving. When you have a clear picture of these changes, you can make better financial decisions. At Rate Simple,