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What’s Ahead For Mortgage Rates This Week – March 11th, 2024

March 11, 2024 by Rilian Ball

With a focus on the upcoming inflation data reports with CPI and PPI this week, the previous week was very light on data. The only relevant reports released were the non-farm payroll and U.S. trade balance data releases. Job reports are showing robust hiring numbers and the trade balance remains within expectations. There appears to be to not much to fear coming from this next round of inflation data. Lending partners are reflecting this sentiment as they continue to cut rates. Non-farm … [Read more...]

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

The Ultimate Home Inspection Checklist for Informed Decisions

March 8, 2024 by Rilian Ball

Embarking on the journey to homeownership is an exciting venture, but it comes with its share of responsibilities. One crucial step in the process is a comprehensive home inspection. To ensure your dream home doesn't turn into a nightmare, we've compiled the ultimate home inspection checklist. Armed with this guide, you'll be equipped to make informed decisions, identify potential issues, and negotiate confidently before sealing the deal. Exterior Inspection: Roof condition and age Gutters and … [Read more...]

Filed Under: Home Values Tagged With: Home Ownership, Home Structure, Inspection

Understanding the Basics: A First-Time Homebuyer’s Guide to Mortgages

March 7, 2024 by Rilian Ball

Buying your first home is an exciting milestone, but it can also be an overwhelming process, especially when it comes to understanding mortgages. For many first-time homebuyers, the world of mortgages can seem complex and filled with unfamiliar terminology. However, with a little knowledge and guidance, navigating the mortgage process can become much more manageable. In this guide, we'll break down the basics of mortgages, explain key terms, explore different types of mortgages, and outline the … [Read more...]

Filed Under: Homebuyer Tips Tagged With: First Time Buyer, Mortgage, Mortgage Loan Tips

Consider an Adjustable-Rate Mortgage If You Plan to Sell Within 5 Years

March 6, 2024 by Rilian Ball

Which is better -- a fixed-rate mortgage or an adjustable-rate mortgage (ARM)? It's a common question among home buyers and refinancing households. The answer? It depends. Fixed-rate mortgages offer the certainty of a known, unchanging principal and interest payment for the life of the loan. This stability can aid in budget-setting and financial planning, providing homeowners with a sense of security and peace of mind. On the other hand, adjustable-rate mortgages do not provide the same level of … [Read more...]

Filed Under: Mortgage Tips Tagged With: Adjustable Rate Mortgage, Buying and selling, Mortgage

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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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