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The Pros and Cons of buying new VS Pre-Owned

June 22, 2023 by Rilian Ball

Buying a home is a significant investment, and one of the most important decisions to make when buying a home is whether to purchase a new or pre-owned property. Here are some pros and cons of each option: Pros of buying a new home: Customization: With a new home, you have the ability to customize and personalize the space to your liking, including choosing finishes, colors, and layouts. Energy Efficiency: New homes often come with energy-efficient features, such as double-pane windows, modern … [Read more...]

Filed Under: Homeowner Tips Tagged With: Mortgage, New, Preowned

Legal Documents You Need When Buying a House

June 20, 2023 by Rilian Ball

Buying a house can be an exciting but complex process that involves many legal requirements. You will need to provide several documents to your lender and the seller. The specific documents required may vary depending on the lender and the type of loan you are applying for, but here are some of the most common documents you may need: Proof of Income: This may include pay stubs, W-2 forms, and tax returns from the past two years. Bank Statements: You will need to provide bank statements for … [Read more...]

Filed Under: Home Mortgage Tips Tagged With: Documents, Mortgage, Mortgage Loans

What’s Ahead For Mortgage Rates This Week – June 19, 2023

June 19, 2023 by Rilian Ball

Last week’s scheduled economic reports included readings on inflation, the Fed’s Federal Open Market Committee meeting, and Fed Chair Jerome Powell’s press conference. Weekly readings on mortgage rates and jobless claims were also published. Fed Leaves Key Rate Range Unchanged Federal Reserve policymakers left the Fed’s current interest rate range unchanged at 5.00 to 5.25 percent; the Fed decision was announced after a scheduled meeting of the Fed’s Open Market … [Read more...]

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

How Do You Make A Household Budget

June 16, 2023 by Rilian Ball

Creating a household budget can be a helpful way to track your spending and ensure you are meeting your financial goals. You will need to examine your fixed expenses that are the same each month, such as rent or car payments and your variable expenses that change each month, such as groceries or entertainment.  Dealing with debt can be challenging but incorporating it into your budgeting strategy can help you regain control of your finances. Here are some steps you can take to effectively … [Read more...]

Filed Under: Mortgage Tagged With: Budget, Debt, Mortgage

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Rilian Ball


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NMLS # 202687

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

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Rilian Ball
NMLS # 202687

Company NMLS: 35960
www.nmlsconsumeraccess.org

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