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What’s Ahead For Mortgage Rates This Week – April 5, 2021

April 5, 2021 by Rilian Ball

Last week’s economic reports included readings on home prices, pending home sales, and construction spending. Data on public and private-sector employment and the national unemployment rate were published along with weekly readings on mortgage rates and jobless claims.  vLast week’s economic reports included readings on home prices, pending home sales, and construction spending. Data on public and private-sector employment and the national unemployment rate were published along … [Read more...]

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

How To Get A Mortgage If You Are A Gig Worker

April 2, 2021 by Rilian Ball

Twenty years ago the economy was putting the dot-com bubble behind it, and people were buying homes. The high majority of folks worked for someone else; they received a paycheck, were given a W-2 from their employer, and filed their income tax returns accordingly. This also provided easy documentation to loan officers when folks wanted to borrow a mortgage to buy a home. As of 2019 36 percent of workers in 2020 were identified as bona fide gig workers per the federal government, or a bit more … [Read more...]

Filed Under: Mortgage Tagged With: Gig Work, Mortgage, Mortgage Approval

Case-Shiller: Phoenix Home Prices Hot, Hotter, and Hottest

April 1, 2021 by Rilian Ball

The S&P Case-Shiller National Home Price Index posted its highest gain in nearly 15 years with a year-over-year home price growth rate of 11.20 percent in January. The December 2020  National Home Price Index reported 10.40 percent home price growth. The S&P Case-Shiller 20-City Home Price Index reported 11.10 percent year-over-year growth with 19 of 20 cities reporting higher home prices. Cleveland, Ohio was the only city reporting no home price growth in January. Detroit, Michigan … [Read more...]

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

Important Legal Tips For Homeowners

March 31, 2021 by Rilian Ball

Being a homeowner is exciting. It can be financially rewarding, too. Unfortunately, it can also put you in a tough legal position. Between the complexities of owning a house, having to deal with lenders and the risk that comes from owning something valuable, keeping yourself legally protected is a good idea. Here Are Some Risks -- And Some Ways To Handle Them. HOAs. If you own a condo, townhome or other property in an association, the homeowner association is extremely powerful. Not … [Read more...]

Filed Under: Homeowner Tips Tagged With: Homeowner Tips, Legal Tips, Mortgage Tips

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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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www.nmlsconsumeraccess.org

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