Alex Mahone at Mahone Mortgage

Tuesday Tips!
The future is looking positive for interest rates.

Future interest rate cuts look likely as, “UBS expects disinflation and rising unemployment to weaken economic output in 2024, leading the Federal Open Market Committee to cut rates.” For detailed information, please see the below article from CNBC:

https://www.cnbc.com/2023/11/14/ubs-sees-a-raft-of-fed-rate-cuts-next-year-on-the-back-of-a-us-recession.html.

Congratulations to my wonderful borrower who closed on their first home last week in Louisa, VA. Thank you so much to Ivy Haines - Realtor and Charlottesville Settlement Company, LLC for doing such a terrific job throughout the transaction!

Call or email anytime I can assist with your mortgage needs or answer any questions!
Cell: 434-242-8979
Email: [email protected]
NMLS # 2089500

Tuesday Tips!

Mortgage Rates near 8% as FED Chairman Powell wants inflation at 2 percent. See below article:

https://www.cnbc.com/2023/10/18/mortgage-demand-falls-to-the-lowest-level-since-1995-as-interest-rates-near-8percent.html

Congratulations to my wonderful borrowers for closing on this gorgeous home earlier this month! Thank you Ivy Haines - Realtor and Red Fox Title for doing such a great job throughout the transaction!

Call or email anytime I can assist with your mortgage needs or answer any questions!
Cell: 434-242-8979
Email: [email protected]
NMLS # 2089500

Congratulations to my wonderful borrowers who closed on their beautiful home in Waynesboro recently! Thank you to everyone who was involved in the transaction!
Call or email anytime I can assist with your mortgage needs or answer any questions!
Cell: 434-242-8979
Email: [email protected]
NMLS # 2089500

Congratulations to my dad, Philip, who finished 2nd in the prestigious Middle Atlantic Senior Amateur in Maryland yesterday!

Tuesday Tips:
Mortgage Market Update

Congratulations to all my amazing borrowers who closed on their purchases this month! Thank you to everyone who was involved in the transactions!
Call or email anytime I can assist with your mortgage needs or answer any questions!
Cell: 434-242-8979
Email: [email protected]

Tuesday Tips: Area Median Income Increase

Congratulations to my dad, Philip Mahone, who is not only a terrific father, but also won the Senior City Championship today!

At Mahone Mortgage we pride ourselves on providing an efficient mortgage experience for our clients, in order to make their home buying transaction as smooth as possible. Very excited for these clients who are now clear to close for their upcoming home purchases!

Congratulations to my wonderful borrowers who closed on their purchases in May! I am very excited for everyone and thank you to all involved in the transactions!

This week’s Tuesday Tips shows you how to opt out of trigger leads. It can take about 4 or 5 days for this to register but should help from receiving unsolicited calls and emails.

Tuesday Tips!

Congratulations to my awesome first-time homebuyers for starting the process off with a same day approval!

Employee of the Month

Happy to have a quick approval for my wonderful client!

Check out this week’s Tuesday Tips about FHA Mortgage Insurance.
Fun Fact is below:
February 28th is National Public Sleeping Day! This day encourages you to take a nap right where you are. Get some rest and enjoy this Tuesday

Congratulations to my wonderful borrowers who closed on this beautiful home earlier this month! Thank you to everyone involved in the transaction!

Although housing stats have dropped for 11 months in a row, we are very grateful for our small family company to currently be ranked 2nd in the state amongst all brokerages this month with the top mortgage lender! Thank you to all our clients and partners that helped make this happen!

Looking forward to assisting my first time homebuyer clients make their homeownership dreams come true!

Congratulations to my wonderful borrowers for closing on this beautiful home last week! Thank you to everyone that was involved in the transaction! Louisa, VA

Really excited for my awesome borrowers who are now clear to close!

Congratulations to my amazing borrower who closed on this beautiful home last week!

Very happy to have another quick clear to close with an appraisal for an awesome client!

The FHFA has just announced the official conforming loan limits for 2023. For the Central Virginia area it will be $726,200 for regular one-unit loans (increased from $647,200 in 2022), which Mahone Mortgage can honor starting today!