Rilian Ball

First Capital Group

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What’s Ahead For Mortgage Rates This Week – January 31, 2022

January 31, 2022 by Rilian Ball

Last week’s economic reporting included readings from S&P Case Shiller Home Price Indices and the FHFA on home prices, data on new home sales, and the Federal Reserve’s statement on the federal interest rate range. The University of Michigan released its monthly survey on Consumer Sentiment and weekly readings on mortgage rates and jobless claims were also published. S&P Case-Shiller Home Price Indices: Home Price Growth Slows in November Home prices rose at a … [Read more...]

Filed Under: Financial Reports Tagged With: Case Shiller, Financial Report, Jobless Claims

Case-Shiller: Home Price Growth Slows in November

January 28, 2022 by Rilian Ball

S&P Case-Shiller Home Price Indices reported slower home price growth in November. Rising mortgage rates and high home prices sidelined first-time and moderate-income buyers and investors who fear buying at the peak of today’s housing markets only to face lower home values when home prices cool off. November’s National Home Price Index reported a year-over-year gain of 18.80 percent in home prices year-over-year. The 20-City Home Price Index, which, real estate pros frequently … [Read more...]

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

Struggling to Get Approved Because of Your Income? 5 Reasons to Consider a FHA Loan

January 27, 2022 by Rilian Ball

Buying a home isn't cheap. But if you're determined to become a homeowner, the FHA home loan program can help. This loan program, ideal for first-time buyers with low incomes, can help you to build your credit and make home ownership a reality. So why should you consider an FHA loan? Here are just a few ways you'll benefit from these government-backed mortgages. You Can Get Approved With Just 3.5% Down Traditional mortgage lenders typically require you to pay 20% down on your mortgage, or 5% if … [Read more...]

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage Preapprovals and Credit, Mortgages

Why Purchasing A House In 2022 Is Smart Despite Inflation

January 26, 2022 by Rilian Ball

Anyone who has paid attention to the news has likely noticed that inflation is a constant headline. Inflation takes place when the average cost of goods and services begins to rise. There are a number of reasons why inflation has been rising at record rates during 2021 and 2022. The federal government has pumped money into the economy, and supply chain constraints have led to a shortage of goods. This means that everything from cars to groceries has gotten more expensive. Many individuals and … [Read more...]

Filed Under: Mortgage Tagged With: Inflation, Mortgage, Mortgage Rates

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Rilian Ball


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NMLS # 202687

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info@firstcg.com

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Rilian Ball
NMLS # 202687

Company NMLS: 35960
www.nmlsconsumeraccess.org

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