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How to Determine How Big of a Down Payment You Need

June 8, 2022 by Rilian Ball

Whether or not you're new to real estate, there's little doubt that you've heard the term down payment as it relates to purchasing a home. There's a lot of different information out there in regards to how much this figure should be and it can be hard to determine exactly what the importance of this payment is. If you're trying to determine the ideal amount to put down, here are some things to consider. Explaining Down Payments And Why They're Important The down payment is probably one of the … [Read more...]

Filed Under: Home Buyer Tips Tagged With: Buying A Home, Down Payments, Home Buyer Tips

The Majority Of Millennials Plan On Buying A House In The Next Few Years

June 7, 2022 by Rilian Ball

During the past year, the housing market has been on fire. There are not a lot of houses for sale, many people are interested in moving, and there is a rising demand from the people who put off moving during the coronavirus pandemic. Furthermore, Millennial demand is picking up, which will only make the housing market even hotter. Recently, a survey found that approximately two-thirds of people who qualify for Generation Y are thinking about buying a home in the near future. Many of them … [Read more...]

Filed Under: Mortgage Tagged With: Home Ownership, Millennials, Mortgage

What’s Ahead For Mortgage Rates This Week – June 6, 2022

June 6, 2022 by Rilian Ball

Last week’s economic reporting included readings from S&P Case-Shiller Home Price Indices, The Federal Housing Finance Agency on home prices for homes owned or financed by Fannie Mae and Freddie Mac, and reporting on Construction spending. Weekly readings on mortgage rates and jobless claims were also released. S&P Case-Shiller: Home Prices Rise in March, but Affordability May Slow Future Gains National home prices grew at a year-over-year pace of 20.60 percent in March according … [Read more...]

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

Should You Use A Home Equity Loan To Buy A Vacation Home?

June 3, 2022 by Rilian Ball

If you are looking for a way to diversify your investments while also making it easier to go on vacation, you may have thought about purchasing a vacation home. Saving up enough money for one house was already hard enough, so how are you going to save up money for a second house? If you have owned your primary residence for a while, you might be able to take out a home equity loan. Then, you could use this to purchase a vacation house. How Does A Home Equity Loan Work? A home equity loan allows … [Read more...]

Filed Under: Mortgage Tagged With: Home Equity, Mortgage, Vacation Home

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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

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