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Minutes show Fed cautiously optimistic on economy despite new risks

Minutes show Fed cautiously optimistic on economy despite new risks

by Alterna Mortgage | Feb 26, 2020 | Uncategorized

Minutes of the central bank’s last policy meeting showed policymakers at the Federal Reserve were cautiously optimistic about interest rates holding steady this year, even after acknowledging new risks caused by the coronavirus outbreak. The readout of the...
The city of Portland is creating a new district

The city of Portland is creating a new district

by Alterna Mortgage | Feb 24, 2020 | Housing Market, Real Estate

At the beginning of May, 10,000 homes and businesses between the Willamette River and Naito Parkway running west will get new addresses. Changes to signage in the area, currently labeled Southwest Portland,  will cost about $300,000. Residents and businesses will soon...
Good news and bad news from the U.S. yield curve

Good news and bad news from the U.S. yield curve

by Alterna Mortgage | Feb 7, 2020 | Interest rates

Everyone is waiting on the recession or for more rate cuts. Is it going happen? Does it really matter if it does? How will we know we are in recession? Even if they drop the rate, will that mean lower rates for the consumer? A drop in the 10-year Treasury yield below...

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