by Alterna Mortgage | Jan 30, 2022 | Financing, Home Buying, Inflation, Interest rates, Refinancing, Uncategorized
The Federal Reserve on Wednesday provided the clearest hint yet that it could start raising interest rates as soon as March A .25% increase is expected. The market experts were predicting 3 rate hikes. Now they are predicting 4 hikes. This will be the beginning to the...
by Alterna Mortgage | Jan 19, 2022 | Financing, Home Buying, Housing Market
More properties became available as the spring home buying season heated up in 2021. There were also more people in the market to buy a home, creating very stiff competition and raising prices across the board. In 2021, home inventory was tightest at the lower end of...
by Alterna Mortgage | Jan 10, 2022 | Financing, Home Buying, Housing Market, Inflation, Interest rates, Real Estate, Refinancing
2021 began with the lowest interest rates on record…but they didn’t last long. By April, they had already reached the peak for 2021. And we can very likely expect rates to move even higher in the new year. The Federal Reserve has given several signals that...
by Alterna Mortgage | Dec 15, 2021 | Housing Market, Interest rates, Mortgage Programs
As home prices continue their record-breaking climb, the Federal Housing Finance Agency said last week that loan limits for mortgages that can be bought by Fannie Mae and Freddie Mac in 2022 will rise by the largest percentage ever. They increased the conforming loan...
by Alterna Mortgage | Nov 27, 2021 | Uncategorized
Sometimes it is easier to understand refinancing or home purchasing numbers when we can visualize them. Alterna Mortgage has a few interactive visual charts on our website to make the overall picture of recent (and historical) rates more clear: 30 Year Rate Chart...
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