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...
by Alterna Mortgage | Jan 28, 2021 | Credit, Financing, Interest rates, Real Estate, Refinancing
As we said before, those Christmas credit card bills are starting to roll in. As a result of Christmas 2020, you may find that you have a sizable amount of high-interest credit card or personal loan debt. A cash-out refinance can improve your cash flow situation and...
Recent Comments