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Investors are snatching up 1 in 5 homes for sale creating another hurdle for first time buyers.

Investors are snatching up 1 in 5 homes for sale creating another hurdle for first time buyers.

by Alterna Mortgage | Jun 6, 2024 | Home Buying, Housing Market, Real Estate

Homeownership has slipped out of reach for millions of Americans thanks to the astronomical rise in mortgage rates and an ongoing inventory shortage. Now, there is another obstacle to buying a home. Investors and hedge funds are snatching up properties at the fastest...
Paying Off Your Mortgage Faster

Paying Off Your Mortgage Faster

by Alterna Mortgage | Jun 3, 2024 | Home Buying, Housing Market, Interest rates, Mortgage Programs, Real Estate

Refinance to a Shorter Term: Refinancing your mortgage to a shorter term, such as a 15-year mortgage, can result in higher monthly payments but a lower overall interest cost. Make Extra Payments: One of the most straightforward ways to pay off your mortgage faster is...

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