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An Overview Of A Wrap-Around Mortgage: What To Know

March 28, 2023 by Rilian Ball Are you having a difficult time qualifying for a traditional mortgage in the current market? If so, there are other options available, and a lack of financing can frustrate not only the buyer but the seller…

What’s Ahead For Mortgage Rates This Week – March 27, 2023

March 27, 2023 by Rilian Ball Last week’s financial and economic reporting included readings on sales of new and previously-owned homes, along with weekly data on mortgage rates and jobless claims. For more information, contact a loan officer at First Capital Group…

Understanding Mortgage Pre-Approvals and How to Avoid Being Declined for One

March 21, 2023 by Rilian Ball The mortgage process is a long and complicated one, with a number of similar-sounding terms that can easily confuse first-time homebuyers. A pre-approval is not the same thing as a pre-qualification, and it’s important to understand…

What’s Ahead For Mortgage Rates This Week – March 20, 2023

March 20, 2023 by Rilian Ball Last week’s economic reporting included readings on housing starts and building permits issued, the National Association of Home Builders Housing Market Index, and Fed Chair Janet Yellen’s Senate testimony. The Commerce Department reported on housing starts…

The Do’s And Dont’s Of Making Your Offer More Competitive

March 9, 2023 by Rilian Ball Today, the housing market is more competitive than it has ever been in the past. You may have your eyes on your dream home, but how can you make it stand out from the crowd? There…

Manage These 3 Items Before Applying For A Mortgage

March 8, 2023 by Rilian Ball Mortgage lenders weigh the risk of getting their principal and interest paid back by looking at the qualities of the prospective borrower. And due to the amount of money being requested and lent to purchase homes,…

What’s Ahead For Mortgage Rates This Week – March 6, 2023

March 6, 2023 by Rilian Ball Last week’s economic reporting included readings from S&P Case-Shiller home price indices, data on pending home sales, and weekly readings on mortgage rates and jobless claims. For more information, contact a loan officer at First Capital…

What Are The Benefits And Drawbacks Of Putting 20 Percent Down On A Home Purchase?

March 3, 2023 by Rilian Ball Several generations ago, lenders required home buyers to have a 20 percent down payment in order to get a mortgage. While there were a few options out there for people who couldn’t save this substantial amount,…

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