This is the No. 1 obstacle keeping people from buying a home
Forget student loans. Insufficient income is the No. 1 hurdle keeping many people from buying a home.
In fact, when it comes to buying a home, income shortfalls are an even bigger roadblock than credit card and student debt, Bankrate.com found. Altogether, servicing these debts generally shouldn't take up more than 36 percent of your gross monthly income. Homeowners should set aside savings equal to 1 percent of their home's purchase price every year to help cover the cost of repairs and maintenance, said Kearns.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Robots get record number of jobs in U.S. - Reuters TVU.S. companies installed more robots last year than ever before, as cheaper and more flexible machines put them within reach of businesses of all sizes and in more corners of the economy beyond their traditional foothold in car plants.
Read more »
ICE detaining 'alarming' number of infants as young as five, immigration groups claim'ICE is required to meet basic standards of care for minor non-citizens in its custody... It repeatedly has demonstrated an inability to do so,' a letter from three major immigration advocacy groups states.
Read more »
A number of films broach the subject of faith in the 21st centuryThe conflict between ancient dogma and contemporary values underpins a number of intriguing dramas
Read more »
ICE detaining 'alarming' number of infants as young as five months, immigration groups claim'ICE is required to meet basic standards of care for minor noncitizens in its custody,' a letter from three major immigration advocacy groups states. 'It repeatedly has demonstrated an inability to do so.'
Read more »
Number of criminals who improperly own guns increases in CaliforniaThe state Department of Justice is grappling with a backlog on the seizure list as the number rises to more than 23,300 from 22,574 prohibited gun owners at the start of 2018, and 10,266 a decade ago.
Read more »
Facebook lets you look up profiles by phone number provided for security reasonsFacebook won't let users opt-out of a feature that allows them to be searched by phone numbers provided for two-factor authentication.
Read more »
Facebook under fire for phone number look-up featureFacebook is facing criticism for not allowing users to opt out of a feature that lets people look them up using their phone number or email address
Read more »
The phone number that secures your Facebook account isn’t as safe as you thinkDespite the privacy gap, consumers should still use two-factor authentication whenever possible.
Read more »
Number of undocumented immigrants crossing border breaks Trump record in same month he declared national emergencyBorder enforcement authorities announced Tuesday that more than 76,000 migrants crossed the U.S. border with Mexico without authorization last month.
Read more »