by Alterna Mortgage | Feb 26, 2021 | Home Buying, Housing Market, Inflation, Interest rates, Refinancing
The economic recovery continued in the United States. The recovery, combined with additional government stimulus on the way, lead to mortgage rates ending the week at their highest levels in a few months. The pandemic-related reduction in economic activity led to a...
by Alterna Mortgage | Feb 24, 2021 | Home Buying, Housing Market, Interest rates
Many industries faced significant problems in 2020 as a result of the coronavirus pandemic. The housing market was a different story – it thrived. Mortgage rates fell to historic lows while housing prices increased in most markets across the United States. With...
by Alterna Mortgage | Feb 16, 2021 | Financing, Home Buying, Real Estate
Owning a home can be a very smart financial decision. The value of your home is likely to increase over time. If you stay in the house long enough (typically at least 5 to 7 years), you could profit when selling your home. Housing prices can shift for various reasons,...
by Alterna Mortgage | Feb 8, 2021 | Home Buying, Investment Properties, Real Estate, Taxes
One of the biggest benefits of owning a home is the tax breaks. Tax breaks are available for single-family homes, townhomes, condos, and manufactured homes. Homeownership tax benefits specifically come in the form of deductions. The most common types of tax deductions...
by Alterna Mortgage | Feb 1, 2021 | Financing, Housing Market, Inflation, Interest rates, Refinancing
You may be hearing a lot about inflation over the next few months. Reduced economic activity caused by the pandemic has led to a decline in inflation. This slowing of inflation has played a role in record low mortgage rates. However, investors are now concerned that...
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