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What Is The Impact Of COVID-19 On Home Value?

August 4, 2020 by Rilian Ball

It is no secret that the COVID-19 pandemic has had an impact on everyone; however, there are a few impacts that are being overlooked. In addition to the public health crisis and the tanking of the stock market, there are also impacts of the virus on people’s home values. Some of these impacts have been positive while others have been negative. Regardless, it is important for everyone to understand how these impacts might impact someone’s home value, particularly for those who are … [Read more...]

Filed Under: Mortgage Tagged With: COVID19, Interest Rates, Mortgage

What’s Ahead For Mortgage Rates This Week – August 3, 2020

August 3, 2020 by Rilian Ball

Last week’s economic reports included readings from Case-Shiller Home Price Indices, data on pending home sales, and the consumer sentiment index released by the University of Michigan. The Federal Reserve released a statement from its Federal Open Market Committee and Fed Chair Jerome Powell gave a press conference. Weekly readings on mortgage rates and expanded reports on jobless claims were also released. Case-Shiller Home Price Readings Showed Slowing Home Price Gains in May May … [Read more...]

Filed Under: Financial Reports Tagged With: Financial Report, Interest Rates, Unemployment

FOMC Statement: Fed Holds Key Rate Steady as Coronavirus Spreads

July 31, 2020 by Rilian Ball

Wednesday’s post-meeting statement of the Federal Reserves Federal Open Market Committee reaffirmed its concern over the coronavirus pandemic and its impact on the economy and health of all Americans. The Committee voted to hold its benchmark target federal funds range at 0.00 percent to 0.25 percent. Analysts do not expect the Fed to raise its key interest rate more than once in the next three years. Federal Reserve Chair Jerome Powell said that the sharp increase in Covid-19 cases in … [Read more...]

Filed Under: Financial Reports Tagged With: COVID, Interest Rates, Pandemic

Why Now Is A Great Time To Apply For A Home Loan

July 30, 2020 by Rilian Ball

The idea of owning a home is enough to bring joy to nearly anyone’s eyes. The reality is that many people are a bit skeptical about looking for a home in the present climate. While the pandemic can make it hard for people to go outside and explore, now is still a great time to apply for a home loan. This is a great opportunity for people to fulfill their homeownership dreams. There are a few reasons why now is a great time to look for a home. The Property Prices Are Low First, property … [Read more...]

Filed Under: Mortgage Tagged With: Home Buying, Interest Rates, Time to buy

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Rilian Ball


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NMLS # 202687

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Rilian Ball
NMLS # 202687

Company NMLS: 35960
www.nmlsconsumeraccess.org

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