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Case-Shiller Reports Home Prices Rise at Fastest Pace in 7 Years

February 24, 2021 by Rilian Ball

S & P Case-Shiller Home Price Indices reported the fastest pace of U.S home price growth in seven years. National home prices grew by 10.40 percent year-over-year in December as compared to November’s reading of  9.50 percent home price growth on a year-over-year basis. The S&P Case-Shiller 20-City Home Price Index reported home price growth in 18 of 20 cities included in the index. Detroit, Michigan did not report home price data for December. Phoenix, Arizona held the top … [Read more...]

Filed Under: Financial Reports Tagged With: Case Shiller, FHFA, Home Prices

Three Tips For Reducing Your Closing Costs If You’re Looking Forward To Buying A Home In The Spring

February 23, 2021 by Rilian Ball

Spring is aproaching fast and it is usually the busiest time of the year for home buying. After a long and cold winter, many people are ready to enjoy the nicer weather and begin to shop for a new home. Spring is also the perfect time for home buying for families with children because it allows them to move during the summer without interrupting school. Home buying has costs associated with it other than the mortgage itself. Known as closing costs, these fees are a part of the home buying … [Read more...]

Filed Under: Home Mortgage Tips Tagged With: Buying A Home, Closing Costs, Home Mortgage Tips

What’s Ahead For Mortgage Rates This Week – February 22, 2021

February 22, 2021 by Rilian Ball

Last week’s economic reporting included readings from the National Association of Home Builders Housing Market Index, Commerce Department readings on housing starts and building permits issued along with data on sales of previously-owned homes. Weekly readings on mortgage rates and jobless claims were also released. NAHB: Home Builders Index Rises One Point in February Homebuilder confidence rose by one index point to 84 according to the National Association of Home Builders Housing Market … [Read more...]

Filed Under: Financial Reports Tagged With: COVID19, Financial Report, Mortgage Rate Rise

Variable-Rate VS. Fixed-Rate Mortgages – Which Is Better For Your Financial Situation?

February 19, 2021 by Rilian Ball

When applying for a new home mortgage, many loan applicants initially consider applying for a 30-year fixed rate mortgage. This is perhaps the most common and traditional type of mortgage available. It allows you to enjoy the opportunity to pay for your home over the course of 30 years with equal payments every month. While this is one option, there are actually multiple choices available. For some applications, a variable rate mortgage may be more advantageous. If you are comparing the options … [Read more...]

Filed Under: Mortgage Rates Tagged With: Home Mortgage Tips, Interest Rates, Mortgages

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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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