In terms of the genetics, if your immediated family is affeceted by a genetic condition, then the closer the relationship, the greater the liklyhood of the people sharing the same genetic problem.
However if you look at groups of people who practice repeated cousin marriages over many generation, the incidence of genetic problems does get higher than the 'background' level, since the same genetic material is being 'recycled' if you will.
For a recessive condition, like CF, if two carriers of the condition have children 1 will be geneticals free of the condition, ywo will be carriers and 1 will have the disease.
If these people all have 4 children each with genetically normal individuals there will be, in the nezt generation8 genetically normal people and 4 carriers. So if the cousins intermarry they have much higher odd of having children with CF. (the child with cystic fibrosis will probably not have children, boys with the condition are sterile and girls would probably not survive the pg)
The background carrier rate for CF is around 1 in 25 for the caucasian population (it is less common in other racial groups)