Rilian Ball

First Capital Group

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Can You Refinance into a VA Mortgage from Another Type of Mortgage? Yes, If You Qualify

March 3, 2022 by Rilian Ball

VA mortgages stand out as one of the biggest benefits to men and women serving in the military. Although private lenders make the loan, the Department of Veterans Affairs guarantees all VA mortgages, which is why these loans come with favorable terms and benefits not found with other mortgage types. The Benefits Of Refinancing To A VA Mortgage A VA loan may very well be the borrower's only option for putting no money down, as many lenders will cover 100% of the value of the home, thanks to the … [Read more...]

Filed Under: Home Mortgage Tips Tagged With: Mortgage Refinancing, Mortgages, VA Loans

What’s Ahead For Mortgage Rates This Week – February 28, 2022

February 28, 2022 by Rilian Ball

Last week’s economic reporting included readings on home prices from S&P Case-Shiller and the Federal Housing Finance Agency; data on pending home sales and sales of new homes were also released. The University of Michigan released its final February reading on consumer sentiment and weekly reports on average mortgage rates and jobless claims were also published. S&P Case-Shiller Home Price Indices: Home Price Growth Expected to Slow in 2022 December readings from S&P Case … [Read more...]

Filed Under: Financial Reports Tagged With: Case Shiller, Housing Market, Mortgage Rates

How Can You Secure A Better Interest Rate When Refinancing Your Home Loan?

February 25, 2022 by Rilian Ball

If you want to save money on your home loan, you may want to consider refinancing. During the refinancing process, you will replace your existing home loan with a new one; however, you want to secure the lowest interest rate possible. How can you get a better rate on your mortgage during the refinancing process?  Consider Refinancing Your Home Loan To A Shorter Term If you can create less risk for the lender, you can get a lower interest rate. One of the ways to do so is to refinance your … [Read more...]

Filed Under: Mortgage Tagged With: Credit Score, Mortgage, Refinance

S&P Case-Shiller Indices: December Home Price Growth Hits Record High

February 24, 2022 by Rilian Ball

While U.S. home prices grew at record speed in December, rising mortgage rates threatened rapid price appreciation as buyers were sidelined by affordability concerns. S&P Case-Shiller’s National Home Price Index reported 18.80 percent year-over-year home price growth in December. The 20-City Home Price Index posted a year-over-year gain of 18.60 percent as compared to November’s year-over-year home price gain of 18.30 percent. Home prices rose by 1.50 percent from November to … [Read more...]

Filed Under: Financial Reports Tagged With: Case Shiller, Housing Market, Mortgage Rates

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Rilian Ball


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NMLS # 202687

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Rilian Ball
NMLS # 202687

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