A DTI above 50% is common, especially in areas where housing is expensive, but it’s hard. Spending half of your pretax income on housing and debt service doesn’t leave you a lot of wiggle room.

Wisconsin residents rank 11th nationally in debt ratio, just ahead of its 12th ranking nationally in 2019, according to a new analysis from Forward Analytics. The state’s ratio was just below 1.

Wondering how many personal loans can you have at once? While no law sets a limit, lenders have rules. Learn the key factors ...

The ideal DTI ratio depends on the type of loan you need. A DTI below 36 percent gives you the best chance of accessing favorable terms, assuming you meet other lending criteria.

Generally, longer-term loans have higher interest rates. According to Ken Flaherty, senior manager of retail lending for ...

OTTAWA - Statistics Canada says the amount Canadians owe relative to their income ticked higher in the first quarter as debt grew faster than income.

Purchasing a home with a lower salary is definitely riskier and harder for most people. Your options will be limited by loan size and monthly debt caps. In most cases, you'll need a large down payment ...

Help aspiring and current property investors learn about investment property mortgage rates. Learn how these rates work and ...

The state’s ratio was just below 1.2 debt-to-income in 2024 after being just more than 1.2 in 2019. Iowa and Illinois are the only two states in the region with lower personal debt ratios.

Debt-to-income ratios (DTIs) are a primary concern. In 2008, DTI ratios averaged 43%, leaving borrowers vulnerable to payment shocks from risky adjustable-rate mortgages as home values plummeted.