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Mortgage rates fell to another record low

Mortgage rates fell to another record low

by Alterna Mortgage | Nov 19, 2020 | Housing Market, Interest rates, Refinancing

Mortgage rates fell to another record low last week. This marks the 13th time this year alone. According to Freddie Mac, the average interest rate on a 30-year fixed-rate mortgage dropped to the lowest level in the nearly 50 years of the mortgage giant’s survey....
The Election Impact on Mortgage Markets

The Election Impact on Mortgage Markets

by Alterna Mortgage | Nov 11, 2020 | Interest rates, Mortgage Programs, Refinancing

During the recent election uncertainty, mortgage markets have been relatively steady. This is likely a result of investors expecting government control to be divided between the Democrats and the Republicans. For mortgage markets, a divided government typically is...

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