by Alterna Mortgage | Mar 5, 2020 | Interest rates
The Federal Reserve implemented a half-percentage-point rate cut on Tuesday. Markets slid, amidst fears the coronavirus epidemic is raising recession risks for the U.S. and global economies. The Fed reduced the federal-funds rate to a range between 1% and 1.25%. This...
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...
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...
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...
by Alterna Mortgage | Jan 29, 2020 | Housing Market, Refinancing
Refinancing your home might be something you are considering. After all, 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. But will that put you in a better financial...
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