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What’s Ahead For Mortgage Rates This Week – August 5th, 2024

August 5, 2024 by Rilian Ball

The Federal Reserve's decision to maintain the current interest rates has paved the way for a potential rate cut in September. While this news has been met enthusiastically by lending partners, the broader markets have indicated a slightly less warm reception despite both the data and Federal Reserve’s intentions being a match. Until September, we can expect a lull in significant data releases, with more substantial decisions anticipated then. FOMC Rate Decision Powell stated that the … [Read more...]

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

How to Upkeep Your Home with a Year-Round Maintenance Checklist

August 2, 2024 by Rilian Ball

Your home is more than just a building; it’s the setting for your life story. As you plan your monthly calendar, why not include enhancing and maintaining your home? Here, we provide a thorough guide of home maintenance tasks organized into monthly, seasonal, and year-round tips. Monthly Home Maintenance Tips Appliance Check - Regularly inspect and clean appliances such as refrigerator coils, dishwasher filters, and range hood filters. This not only keeps them running smoothly but also … [Read more...]

Filed Under: Home Maintenance Tagged With: DIY, Energy Efficiency, Home Maintenance

Managing Your Debt During the Homebuying Process: A Guide for Homebuyers

August 1, 2024 by Rilian Ball

Embarking on the journey to homeownership is an exciting milestone, but it also requires careful financial planning. One crucial aspect is managing your debt effectively. I want to ensure you have the tools and knowledge to navigate this process smoothly. Let's discuss some essential strategies for managing your debt while purchasing a home. Understand Your Debt-to-Income Ratio Firstly, it's essential to understand your debt-to-income (DTI) ratio. This ratio compares your monthly debt payments … [Read more...]

Filed Under: Home Mortgage Tips Tagged With: Debt Management, Financial Planning, Homebuying Tips

How to Unlock Your Home’s Equity with a Cash-Out Refinance

July 31, 2024 by Rilian Ball

As a homeowner, you might be sitting on a valuable asset without even realizing it—your home equity. Tapping into this equity through a cash-out refinance can open up financial opportunities you hadn't considered. Here’s how you can unlock your home’s equity with a cash-out refinance and what you need to know before diving in. Understanding Cash-Out Refinance First and foremost, a cash-out refinance involves replacing your existing mortgage with a new one, but with a larger … [Read more...]

Filed Under: Mortgage Rates Tagged With: Cash Out Refinance, Financial Freedom, Home Equity

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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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