About Simone
With big dreams and even more determination, Advisors Mortgage Group, LLC was founded in October 1999 by a single loan officer in a 400 square foot office in Shrewsbury, New Jersey. In the years since its formation, Advisors has grown to serve not only the greater New Jersey area, but also a vast portion of the United States.
Our immense experience is our greatest asset and is the foundation of the success of the company and every Advisors branch and loan officer.
Licensed in FL, NJ, NY
Free guides from Simone
First-Time Buyer Guide
Why own, the 7-step path, the document checklist and the do’s and don’ts — read it here, no download.
Home Buyer Guide
Programs, paperwork and pitfalls — the full buying playbook.
Home Seller Guide
Selling and buying at the same time? Start here.
Where to find Simone
Simone works out of our Wall, NJ – Jones & Walz Branch office. Branch NMLS #173453.
What clients say about Simone
29 client reviews
Verified client reviews via Experience.com
Thank you for the prompt completion of the transaction within the required timeframe, and thank you for understanding exactly what was required in this transaction.
Good service
Simone was there for me the whole time. she genuinely cared and worked hard to get me the best rate and make sure it all worked out
Bery Very good customer service
I loved working with Simone she was amazimg she was available to me at any hour of the day. Everythjng was so smooth she explained everthing So clear. Thank you so much Simone Alhalabi
Simon Alhalabi. She did a great job ,available for me no matter what time. always had an answer for all my rocky questions. she have a lot of patience and always gave me confidence and made sure ill know what to expect and what to do next. It was very challenging time nut I'm sure that having Simon guiding me made it much easier and doable process.
I’m so great full that I meet Simon Alhalabi and she took me through the whole process smoothly,thank you Simon Alahalabi🙏
Very professional and friendly service
Simone went out and beyond for us to get approved and she helped us every step of the way she worked day and night she called us every day to help us with the process she did not leave us alone the whole time she was with us we are very grateful for her she used her knowledge for our benefit we are very pleased with her and her services we recommend her to everyone that are looking for loan we 100% apricate her
Simone is a great loan officer. Smart, fast and professional. Thank you Simone.
Best experience!! Simone took care of me every step of the way !! And made it and very smooth and easy transaction
Simone is very knowledgeable and really pleasant to work with
Five stars
Simone Alhalabi helped so much. She did everything perfectly and always worked with us. I have nothing bad to say only good things. I really would like to thank her and appreciate her.
5 star service!
Easy communications
Simone was soo amazing! She was clear and direct with answering any questions I had, and transparent with absolutely everything. Simone is an example of what right looks like and treats people like they should be treated. She's the best!
Simone is a phenomenal professional. Her knowledge and guidance made the process smooth. Simone provides assistance in a timely manner and is open to answer any and all questions.
Highly qualified professional
Simone was so helpful. She made the process so easy and run smoothly. I highly recommend her to anyone who is looking to get a mortgage.
Simone shes very hapful and good servers I'm very happy to work with her
I had a Great experience and truly make this whole process very easy for you .
Simone was very knowledgeable in answering questions, very diligent in returning calls and messages and made the process easy. Dena was also great.
Simone did an amazing job getting things done. Cant say a bad word about her
The whole process from beginning to end was smooth and detailed. Simone made us feel assured. That is special especially when buying a home is one of the most important decisions a person will make in their life. She came in clutch and delivered. Simone- There aren’t enough Thank you’s to give you to show our appreciation for making it all possible.
Latest market updates
The latest PCE inflation report came in cooler than expected, giving both stocks and bonds a boost. Headline inflation rose just 0.3% for the month, while the year-over-year rate fell from 3.7% to 3.4%, better than forecasts. Core inflation, which excludes food and energy, increased only 0.2% and declined from 3.3% to 3.0% annually.
The softer inflation data could reduce pressure on the Federal Reserve to raise rates immediately. New York Fed President John Williams indicated there is no urgency to act following September’s rate hike, although he still expects another increase may be needed later this year.
One area of concern is consumer finances. The savings rate dropped from 4.6% to 4.1%, its lowest level in four years, suggesting consumers continue to spend while saving less.
The inflation report was encouraging for financial markets and showed meaningful progress toward lower inflation, which could help ease some of the upward pressure on interest rates if the trend continues.
Source: MBS Highway
The housing market is shifting in buyers’ favor as more homes become available and competition eases. Redfin reported that,“Sellers outnumbered buyers by 58% in August, the biggest gap in Redfin’s records, driven by a surge in listings and stagnant demand”.
This is the widest gap since Redfin began tracking in 2013. Also interesting is that housing supply reached its highest level in more than a decade, giving buyers more choices and negotiating power.
Affordability remains a challenge, with mortgage rates around 7% and the median existing-home price rising 1.6% year over year. Pending sales and mortgage applications have declined, as high costs and economic uncertainty keep some buyers on the sidelines. Many homeowners are also hesitant to trade their existing low mortgage rates for higher ones.
In some markets, homes are taking longer to sell, prompting sellers to adjust prices and increase marketing efforts. Buyers with substantial cash or home equity are especially well positioned, although the overall sales pace through August remained largely unchanged from last year.
For buyers who are financially ready, greater selection and less competition offer an encouraging opportunity to find a home that fits their needs and budget.
The Federal Reserve raised its benchmark interest rate by 0.25 percentage points, bringing the target range to 3.75%–4.00%. The Fed made the move because they feel that inflation remains elevated, while consumer spending, business investment and the labor market continue to show resilience. Higher rates are intended to slow demand and help return inflation to the Fed’s 2% goal.
Although the Fed does not directly set mortgage rates, its decisions influence the bond market and investors’ inflation expectations. When the Fed hikes rates it can be seen as deflationary since it makes borrowing money more expensive and slows down the movement of money. Bond investors’ arch enemy is inflation so a push from the Fed to fight inflation can garner more attention from investors to purchase more bonds which would help mortgage rates decrease. However, the comments following the policy change put pressure on the bond market since Fed Chair Warsh’s comments were seen as “thin” and he also mentioned inflation is still hanging around.
If inflation cools and the Fed wins the trust of the markets by continuing to fight inflation, we could see rates have a chance to improve, but if the opposite occurs rates could continue their trend and increase more. Oil is also a large factor and if we can get it to drop in price it could also assist mortgage rates to improve.
Source : Federal Reserve
