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What To Know About The 2-1 Buydown Program

February 14, 2023 by Rilian Ball

You are probably excited to close on your home, but you may have also seen that your interest rate might be a bit higher. If you are looking for a way to save money, particularly if you have a lot of work to do on the home, you might be looking for a way to reduce your interest rate during the first couple of years. One option is to perform a 2-1 buydown. What do you need to know about this option, and how do you know if it is right for you? How A 2-1 Buydown Works This is a special type of … [Read more...]

Filed Under: Mortgage Tagged With: 2-1 Buy down, Mortgage

What’s Ahead For Mortgage Rates This Week – February 13, 2023

February 13, 2023 by Rilian Ball

Last week’s economic reporting included coverage of Federal Reserve Chair Jerome Powell’s speech to the Economic Club of Washington and the University of Michigan’s data on consumer sentiment. Weekly readings on mortgage rates and jobless claims were also published.   Federal Reserve: Chairman Jerome Powell Says the “Disinflationary Process” is Ongoing Fed Chair Jerome Powell said in remarks made to the Economic Club of Washington that the … [Read more...]

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

3 Reasons Why Buying an Investment Property Is the Best Way to Build Your Net Worth

February 10, 2023 by Rilian Ball

Whether you have recently graduated from college or are getting close to retirement, it's likely that you have given some thought as to how you can grow your net worth. You might have invested in stocks, picked up a few bonds or have a 401(k) plan set up to help fund your retirement. But have you considered buying real estate as part of your portfolio? In today's blog post we'll have a look at three reasons why real estate investing is one of the most effective ways to grow your overall net … [Read more...]

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Real Estate Investing

What Is an Assumable Mortgage Loan: What You Need To Know

February 9, 2023 by Rilian Ball

Everything has its benefits and drawbacks, and that includes mortgage loans. There are plenty of options available, and you need to find the best one to meet your needs. You have probably heard about conventional mortgages, FHA loans, and even VA loans. On the other hand, have you heard about assumable mortgages? What do you need to know about this option, and how do you know if it is right for you?  An Overview Of An Assumable Mortgage So, what is an assumable mortgage loan? This means … [Read more...]

Filed Under: Mortgage Tagged With: Assumable Loans, Mortgage, 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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