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What’s Ahead For Mortgage Rates This Week – October 23, 2017

October 23, 2017 by Rilian Ball

Last week's economic reports included NAHB Housing Market Indexes along with readings on housing starts, building permits and existing home sales. Weekly readings on mortgage rates and new jobless claims were also released. NAHB: Builder Sentiment Jumps in September, Housing Starts and Building Permits Fall The National Association of Home Builders reported a four-point increase in its Home Price Index for October. Builders surveyed reported higher confidence in overall market conditions, which … [Read more...]

Filed Under: Housing Market Tagged With: Housing Market

Buying a New Home? Here’s Why Mortgage Pre-Approval Should Be Your First Step

October 20, 2017 by Rilian Ball

Are you thinking about buying a new house, condo or apartment? Whether you are upgrading, downsizing or investing, if you intend on borrowing the funds you'll need to be pre-approved for a mortgage. In today's blog post we'll explore mortgage pre-approval and why this should be one of your first steps in buying a new home. Pre-Approval Helps To Determine Your Budget Do you know your budget? Mortgage lenders consider many factors when deciding how much they are willing to lend to a home buyer. … [Read more...]

Filed Under: Home Buyer Tips Tagged With: Buying A Home, Home Buyer Tips, Real Estate Tips

Buying a New Home? Four Key Questions to Ask Your Mortgage Advisor

October 19, 2017 by Rilian Ball

Are you in the market for a new home? If you are planning on borrowing some or most of the home's purchase price, you'll want to prepare yourself for the mortgage process. Let's take a look at four key questions that you will want to ask your mortgage professional when you first meet to discuss your home loan. What's The Best Mortgage Option For Me? As you probably know, there is a wide variety of mortgage loan options and programs on the market today. You may qualify for a number of mortgage … [Read more...]

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Mortgage Applications

Home Builder Sentiment Highest in Five Months

October 18, 2017 by Rilian Ball

Component readings used for calculating Housing Market Index readings also rose in October. Builder sentiment for current market conditions gained five points for a reading of 75. The index reading for builder perception of market conditions in the next six months also rose five points to an October reading of 78. Builder sentiment for home buyer traffic in new home developments rose one point to 48. Buyer traffic readings seldom exceed a Home Builder Index reading of 50. NAHB Chairman Granger … [Read more...]

Filed Under: Housing Market Tagged With: Housing Market

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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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