Rilian Ball

First Capital Group

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What’s Ahead For Mortgage Rates This Week – July 15th, 2024

July 15, 2024 by Rilian Ball

With lofty expectations, the CPI delivered a lower-than-expected inflation increase, leading to a positive uptake across many lending partners and markets. However, the PPI was on the opposite end of that, with a higher-than-expected inflation rate increase, muting the positive response from the CPI data release. The outlook for a rate cut this year has changed, making the potential for it highly likely. Even Jerome Powell, who usually has a more hawkish response regarding rate cuts, is now … [Read more...]

Filed Under: Financial Reports Tagged With: Financial Report, Jobless Claims, Mortgage Rates

The Difference Between Pending And Contingent Deals

July 12, 2024 by Rilian Ball

The real estate market can be a bit confusing, especially when you encounter terms like "pending" and "contingent" deals. Understanding these terms is crucial whether you're a buyer or a seller, as they can significantly impact the progression of a property transaction. What Is a Contingent Deal? A contingent deal occurs when a seller has accepted an offer from a buyer, but the sale is dependent on certain conditions being met. These conditions, or contingencies, are clauses included in the … [Read more...]

Filed Under: Mortgage Tagged With: Contingencies, Mortgage Basics, Real Estate

House Hacking Pros And Cons Explained

July 11, 2024 by Rilian Ball

Have you ever heard of house hacking? It’s a real estate strategy that allows you to live in a property while renting out part of it to generate income. This approach helps offset your living expenses and can even pave the way to financial independence. Here’s a breakdown of what house hacking entails, along with its benefits and drawbacks. What Is House Hacking? House hacking involves purchasing a property, living in one part of it, and renting out the other parts. The most common … [Read more...]

Filed Under: Homebuyer Tips Tagged With: House Hacking, Landlord, Reduce Living Expenses

Preparing for a Mortgage? 5 Ways to Build Credit Without Credit a History

July 10, 2024 by Rilian Ball

Building a credit profile from scratch can be a daunting task, especially for those who have no credit history. These individuals, often referred to as having a "thin credit file," face challenges in securing loans, credit cards, or even mortgages. Interestingly, having no credit at all can sometimes be more problematic than having a poor credit history when applying for a mortgage. There are effective strategies to help those with thin credit files establish a robust credit profile. Here are … [Read more...]

Filed Under: Credit Scoring Tagged With: Credit Building, Financial Advice, Personal Finance

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Rilian Ball


Branch Manager

NMLS # 202687

Call: (559) 697-5322
info@firstcg.com

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  • The Pros and Cons of Mortgage Assumptions
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Rilian Ball
NMLS # 202687

Company NMLS: 35960
www.nmlsconsumeraccess.org

Equal Housing Opportunity

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