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Four questions to ask yourself before refinancing

Four questions to ask yourself before refinancing

by Alterna Mortgage | Jan 29, 2020 | Housing Market, Refinancing

Refinancing your home might be something you are considering. After all, interest rates are generally low right now and you may be able to swap out your old, higher interest rate mortgage for a new one with lower rates. But will that put you in a better financial...
Timing the market is tough…you may want to refinance now

Timing the market is tough…you may want to refinance now

by Alterna Mortgage | Jan 14, 2020 | Refinancing

Is it the right time to refinance? Some homeowners who try to time the market in order to get the best rate can end up saving a lot of money. However, many of them end up kicking themselves for years to come because they missed the boat. Conventional wisdom says rates...
January 2020 rate outlook is trending towards lower rates than in 2019

January 2020 rate outlook is trending towards lower rates than in 2019

by Alterna Mortgage | Jan 5, 2020 | Financing, Interest rates, Refinancing

After dropping more than a full point from the end of October in 2018 to the end of October in 2019, mortgage rates barely changed during November and December. Several factors have affected rates over the past year, including economic data, Fed policy, and the trade...

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