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Category: Mortgage (27 posts)
Mortgage Renewals in Early 2025 - Where Might Rates Land?
May 4, 2025 | Posted by: Alliance Realty
A friendly guide for American homeowners who are about to renegotiate one of the biggest contracts of their lives. Introduction - Why Everyone Is Talking About 2025 Refinances If your existing m ...
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Tariffs and Their Impact on Interest Rates: What Homebuyers Need to Know
April 5, 2025 | Posted by: Alliance Realty
You might be surprised to learn that something like tariffs-basically taxes placed on imported goods-could affect your mortgage or home-buying plans. Tariffs can seem like distant economic policies, b ...
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Should You Pay Off Your Mortgage Before Retirement? Pros and Cons to Consider
March 21, 2025 | Posted by: Alliance Realty
As retirement approaches, many homeowners ponder whether paying off their mortgage early is a wise decision. While the idea of owning your home outright is certainly appealing, it's important to evalu ...
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March 19, 2025 - Federal Reserve Maintains Interest Rates
March 20, 2025 | Posted by: Alliance Realty
Recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid ...
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Understanding Down Payments for Your Mortgage
March 7, 2025 | Posted by: Alliance Realty
Understanding Down Payments for Your Mortgage When purchasing a home, a significant challenge you may encounter is saving for a down payment. But what is a down payment, and how does it influence you ...
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How will tariffs potentially affect Interest rates
February 26, 2025 | Posted by: Alliance Realty
As a mortgage professional, I recognize that our financial landscape often feels like a complex maze, especially when global events are involved. One topic that has recently generated significant disc ...
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How Rising Interest Rates Impact Your Homebuying Power
February 5, 2025 | Posted by: Alliance Realty
Have you noticed that mortgage rates have been rising recently? If so, you're not alone. Increasing interest rates can impact everything from the size of the loan you qualify for to the monthly pa ...
read moreJan 25-2025 - Federal Reserve issues FOMC statement
January 29, 2025 | Posted by: Alliance Realty
Recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid ...
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Fixed-Rate vs. Adjustable-Rate Mortgages: Which Is Right for You?
January 21, 2025 | Posted by: Alliance Realty
Hello! If you're on the journey to homeownership, one of the most significant decisions you'll have to make is choosing the right type of mortgage. It can seem overwhelming with all the numbers and ...
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December 18, 2025 - US Federal Reserve Rate Cut
December 18, 2024 | Posted by: Alliance Realty
On December 18, 2024, the Federal Reserve announced a significant policy shift, lowering the federal funds rate by 0.25 percentage points to a range of 4.25% to 4.5%. This marks an ongoing effort to b ...
read moreNov 7-2024 - Federal Reserve issues FOMC statement
November 7, 2024 | Posted by: Alliance Realty
Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally eased, a ...
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Home Equity Loan vs Personal Loan - Choosing the Best Option
October 8, 2024 | Posted by: Alliance Realty
When borrowing money, many people weigh the options between a home equity loan and a personal loan. Each choice offers unique features, benefits, and potential drawbacks that can significantly impact ...
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FHA Home Loans - 7 Things You Need To Know Before Applying
September 24, 2024 | Posted by: Alliance Realty
If you're considering purchasing a home but feel uncertain whether you'll qualify for a traditional loan, an FHA loan could be a great option. Here are seven key things you need to know before applyin ...
read moreSeptember 18, 2024 - Federal Reserve - Rates Dropping
September 18, 2024 | Posted by: Alliance Realty
Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have slowed, and the unemployment rate has moved up but remains low. Inflation has made further prog ...
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With Lower Interest Rates Coming, Is Now a Good Time to Refinance My Mortgage?
September 6, 2024 | Posted by: Alliance Realty
With whispers of lower interest rates on the horizon, many homeowners ask the million-dollar question: Is now a good time to refinance my mortgage? The short answer is: It very well could be! But be ...
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What Lower Interest Rates Mean for New Homebuyers
August 23, 2024 | Posted by: Alliance Realty
If you're in the market to buy a new home, you've probably noticed that interest rates might soon be dropping. You might be wondering, "What does this mean for me?" The good news is that lower interes ...
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Understanding Your Mortgage Payment - A Beginner's Guide
August 8, 2024 | Posted by: Alliance Realty
Navigating the world of home financing can be overwhelming for first-time homebuyers. One of the most critical aspects to understand is your mortgage payment. Breaking down the main items of a mor ...
read moreFederal Reserve issues FOMC statement
July 31, 2024 | Posted by: Alliance Realty
Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have moderated, and the unemployment rate has moved up but remains low. Inflation has eased over the ...
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7 Things to Know When You Are Looking to Purchase a Cottage or Vacation Home
July 8, 2024 | Posted by: Alliance Realty
Purchasing a cottage or vacation home can be a dream come true, offering a serene retreat from everyday life. However, it's essential to approach this investment with careful planning and knowledge. H ...
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How Interest Rates Affect Housing in the USA
June 19, 2024 | Posted by: Alliance Realty
Suppose you've been watching the news or talking to friends about the housing market. In that case, you've probably heard about rising interest rates. But what does that actually mean for you? Let's b ...
read moreJune 12 - 2024 - Federal Reserve issues FOMC statement
June 12, 2024 | Posted by: Alliance Realty
Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have remained strong, and the unemployment rate has remained low. Inflation has eased over the past ...
read moreDoes a Mortgage Refinance Require an Appraisal?
June 4, 2024 | Posted by: Alliance Realty
When considering refinancing your mortgage, many questions arise, and one of the most common is whether an appraisal is necessary. Understanding the role of an appraisal in the refinancing process c ...
read moreUnlocking Financial Flexibility: The Benefits of a Cash-Out Refinance
May 23, 2024 | Posted by: Alliance Realty
Unlocking Financial Flexibility: The Benefits of a Cash-Out Refinance When managing your finances, leveraging the equity in your home can be a powerful strategy. One popular method for doing this ...
read moreUnderstanding FHA Loans: A Guide for Homebuyers
May 8, 2024 | Posted by: Alliance Realty
As a mortgage professional, I've guided many clients through obtaining a home loan. One of the most popular options for first-time homebuyers and those with less-than-perfect credit is available ...
read moreMay 1-2024 - Federal Reserve issues FOMC statement
May 1, 2024 | Posted by: Alliance Realty
Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have remained strong, and the unemployment rate has remained low. Inflation has eased over the past ...
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Refinancing to a 15-year mortgage: Items to consider
April 24, 2024 | Posted by: Alliance Realty
Refinancing to a 15-year mortgage can be a beneficial decision for homeowners. It can help you pay off your mortgage faster and save money on interest payments in the long run. However, there are se ...
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Navigating Your First Home Purchase: A Step-by-Step Mortgage Guide
April 8, 2024 | Posted by: Alliance Realty
Hey there, future homeowners! Embarking on the journey to buy your first home is like setting sail on an epic adventure. It's thrilling, a bit overwhelming, and packed with moments that'll have you ri ...
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