New House Or New Car? Which Comes First? How Buying a Car Can Affect Your Ability to Purchase a Home

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Today Ray and Zach discuss if you should buy a car first and then a house, or a house first and then a car. Ray explains what impact buying a car can have on your ability to buy a home, and specifically the impacts it will have on your debt to income ratio which lending institutions look at when determining how much mortgage you can afford.

The original article from the Washington Post:
https://www.washingtonpost.com/business/2020/08/31/how-buying-new-car-can-affect-your-ability-purchase-home/

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