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...
by Alterna Mortgage | Nov 10, 2021 | Interest rates, Refinancing
The Fed finally announced it would begin tapering its purchases of Treasuries and mortgage-backed securities “later this month.” These purchases have supported low mortgage rates, which should creep up. There’s considerable disagreement over how sharply rates will...
by Alterna Mortgage | Oct 15, 2021 | Real Estate, Refinancing
As we have mentioned before, refinancing isn’t for everyone. Educating homeowners about the refinance process is an important service we provide at Alterna Mortgage. Since mortgage rates at an all-time low, refinancing has become a hot topic for homeowners as a...
by Alterna Mortgage | Oct 7, 2021 | Housing Market, Refinancing
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. Refinancing may seem like a no-brainer…but it is not a wise financial move for everyone. Before you jump in with...
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