Right whale makes encore appearance off Wrightsville Beach

And like the first time “Calvin” was spotted off Wrightsville Beach four years to the day, the North Atlantic right whale wasn’t alone.

Researchers taking an aerial survey Tuesday morning saw two whales moving south about 10 miles east of Masonboro Inlet.

A review of the natural and unique skin growths on the whale’s face identified the larger of the pair as Calvin, a whale so named for her inquisitive nature before her sex was known.

But the other whale, a small gray animal that was too young to have developed any callosity pattern, had never been seen before. Continue reading

Forbes Lists Hampstead Homes As Highest In Retaining Home Equity Values

One of the most desirable North Carolina areas is in Hampstead. What a perfect location. In between the waterfront and the Holly Shelter Game Land, you can probably see in your mind’s eye the beautiful coast and equally desirable park landscape. For outdoors people, the Holly Shelter, with almost 50,000 acres promises true wild life, plant life, and endless natural habitats. Also for the outdoors people, the coastal life promises relaxation and a high quality of life. Forbes recently listed Hampstead as No. 20 across the US as retaining the highest levels of home equity. Those are reasons enough to visit Hampstead homes and look into the real estate opportunities.

For a quote on current mortgage rates or for more information on our many products please contact an Alpha Mortgage Loan Officer today!  We proudly serve clients in Wilmington, Charlotte, Greensboro, Winston-Salem, Jacksonville & Southport North Carolina. You can also visit our website at www.AlphaMortgage.com.

Temperatures on Carolina coast set records

While parts of the nation were shivering and covered in snow and ice, the Carolina coast was enjoying record high temperatures this weekend.

The National Weather Service in Wilmington, N.C., reports that North Myrtle Beach reached 70 degrees Sunday, beating the old record of 68 degrees set in 1954. It was also 14 degrees above the normal temperature for this time of year.

Wilmington was an even balmier 76 degrees, tying the record last reported in 1971. That was 19 degrees above Wilmington’s normal temperature.

The National Weather Service reports that the Carolina coast has been experiencing average temperatures in the 50s while some parts of the country have reported record snowfall for December.

Six Tax Breaks Every Homeowner Should Know

Benjamin Franklin once said, “In this world nothing can be said to be certain, except death and taxes.” More than 200 years later, this certainly holds true. And while being a homeowner won’t add years to your life, the modern tax code has a number of benefits certain to make your tax bill lower. The following are a few ways your CPA or Tax Preparer can help you save:
Take an interest in your mortgage interest – Statistics show that only about half of homeowners claim this valuable deduction. Make sure you’re one of them. On average, qualified American homeowners save about $2,000 per return by deducting mortgage interest. And when added up over the life of the loan, this can make a big difference in your retirement savings. This is a huge break that renters don’t get! So take advantage of it. Continue reading

Don’t Miss Tax Deductions On Your Real Estate Investment

There are an estimated 11 million real estate investors in the U.S., according to IRS data. However, not all of them chose to be a real estate investor. Some accidentally became investors due to market conditions.

“There are people who have bought property for flipping and now they’re kind of stuck with them and in some markets they can rent them,” says Narinder Sandhu, founder of T-ReX Global.

It’s this group of people that could be losing money, especially if they aren’t aware of how best to manage their real estate investment. Continue reading

Washington Report: New Congress and Fannie Mae

The Obama administration still has three weeks before taking over in Washington, but the new Congress arrives in town much earlier – January 6th.

Besides a massive economic relief package — which is expected to cost anywhere from $800 billion to $1 trillion and focus on job-producing projects like repairing roads and building bridges – there’s another key item on the agenda: What to do with Fannie Mae and Freddie Mac.

Both companies are mainstays of the U.S. home real estate market, accounting for more than half of all new mortgages. But both have come to financial grief and are operating under “conservator” arrangements run by the federal government.

That’s not technically bankruptcy reorganization, but it’s pretty close. Continue reading

Mortgage Rate Update

 Today’s FHA rates still hover under 5% and other government loans such as USDA stay around the low to mid 5′s.

For a quote on current mortgage rates or for more information on our many products please contact an Alpha Mortgage Loan Officer today!  We proudly serve clients in Wilmington, Charlotte, Greensboro, Winston-Salem, Jacksonville & Southport North Carolina. You can also visit our website at www.AlphaMortgage.com.

New Resources on Alpha Mortgage Website

Three new pages on Alpha Mortgage’s website allow visitors to view information on the Home Buying Process, Refinance Process and of course some information on the importance of credit scoring and how it works.  To check out these pages see the “Resources” menu at the top right of the pages!

For a quote on current mortgage rates or for more information on our many products please contact an Alpha Mortgage Loan Officer today!  We proudly serve clients in Wilmington, Charlotte, Greensboro, Winston-Salem, Jacksonville & Southport North Carolina. You can also visit our website at www.AlphaMortgage.com.