by Alterna Mortgage | Oct 30, 2020 | Interest rates, Mortgage Programs, Refinancing
One of the few good things we can all point to in 2020 is that this year’s lowest mortgage rates have provided homeowners incredible savings through refinances. If you own a home and have a 30-year mortgage that could benefit from a refinance, your first thought...
by Alterna Mortgage | Oct 23, 2020 | Refinancing
Rates are at or near an all-time low…so refinancing your loan might be a great move. One of the important steps of refinancing is to determine how much equity you have in your current home. Home equity is the value of your ownership stake in your home. It is...
by Alterna Mortgage | Oct 14, 2020 | Credit, Refinancing
Rates are currently low and refinancing your mortgage might be right for you and your family. Part of the refinance process involves your lender looking at your credit score. If you’ve improved your credit and finances since initially buying your home, this can help...
by Alterna Mortgage | Oct 5, 2020 | Financing, Interest rates, Refinancing
Last week’s economic data was pretty much what we expected. President Trump’s positive coronavirus test was a little positive for mortgage markets but negative for stocks. Mortgage rates ended the week with very little change. Friday’s monthly labor...
by Alterna Mortgage | Sep 29, 2020 | Interest rates, Real Estate, Refinancing
There are a lot of great reasons to refinance your home mortgage. To help you decide if it is the right decision for you, we have added a Refinance Calculator to our website. Why would you want to refinance? Lowering your interest rate Known as a “rate-and-term”...
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