Millennials are at risk if there is another recession
The last time there was a recession, I was in my late 20s. Not only did we have to pay more in rent, but I was paying more for consumer goods, student loans, groceries...basically everything. I found this article an interesting read. It seems that millennials are...
read more
Are we heading for a recession?
Recent recession fears have been brought on by the yield of the 10-year Treasury dropping below that of the 2-year. This "yield curve inversion" in the past signaled a recession starting an average of 18 months out. Many cooler economic heads noted such inversions...
read more
Take control of your credit with a credit freeze
If you are worried about identity theft, data breaches, or unauthorized access to your credit report, you should place a credit freeze on your report. Also known as a security freeze, this free tool lets you restrict access to your credit report. This makes it harder...
read moreTake control of your credit report with a credit freeze
If you are worried about identity theft, data breaches, or unauthorized access to your credit report, you should place a credit freeze on your report. Also known as a security freeze, this free tool lets you restrict access to your credit report. This makes it harder...
read more
Get a free credit report
Did you know that you can get a free annual credit report from all three major credit reporting agencies - Equifax, Experian, and TransUnion? Many sites promise credit reports for free...but AnnualCreditReport.com is the only official site explicitly directed by...
read more
Opt out of prescreened offers of credit
Did you know that if you don't want to receive prescreened offers of credit you can opt out of receiving them for five years - or opt out of receiving them forever? Tired of having your mailbox crammed with preapproved credit card applications? Fed up with getting...
read more
Pros of working with a mortgage broker
There are a number of reasons why working with Alterna Mortgage is better than working with a bank. We decided to make a list for you! Drawbacks of working with a bank They have conservative loan programs. They don't disclose the yield-spread premium. Working with...
read more
Broker or Bank – which is best for your mortgage?
The majority of homeowners turn to banks when it comes time to get a mortgage. This is frequently the default choice because home loan services are usually offered at the customer’s primary bank. This provides for one-stop shopping and can answer for someone looking...
read more
6 Good Reasons to Refinance Your Mortgage
Getting a lower rate is the most common reason people refinance their mortgage. But there are others. Here are a few of them starting with the most common: 1. Lower interest rate and/or payment Refinancing to a lower interest rate will save you money on your monthly...
read more
6 Poor Reasons to Refinance a Mortgage
Mortgage rates are low...but that doesn't mean refinancing is a good idea right now. Before you get too far down the path of a refinance you should really think about why you are refinancing. A refinance can help you meet some financial goals such as improving cash...
read more