by Alterna Mortgage | May 17, 2022 | Financing, Housing Market, Interest rates, Real Estate, Refinancing, Uncategorized
The Fed may be over cooking the rate hikes. The result might lower the long-term rates. One week after the first .50% rate hike in 22 years, there were many Fed officials out using soothing rhetoric in an attempt to reassure financial markets they will be able to...
by Alterna Mortgage | May 11, 2022 | Financing, Housing Market, Inflation, Interest rates, Investment Properties, Refinancing
Jeremy Grantham, one of the economists that predicted the 2008 crash, says we’re in the fifth great bubble of the modern era—and warns the economy won’t ‘skate through’ a housing crisis. Grantham is convinced that we’re in the midst of a fifth great bubble of the...
by Alterna Mortgage | Feb 28, 2022 | Financing, Home Buying, Housing Market, Inflation, Interest rates
Things Are Not All that great with the economy In addition to the inflation problem, the economy is decelerating. Economic growth is slowing. The consumer is assuming more credit card debt to pay for items and fuel costs are soaring. This is a very difficult...
by Alterna Mortgage | Feb 24, 2022 | Home Buying, Housing Market, Interest rates
Financial Conditions Have Already Tightened Part of the Fed’s mandate is to maintain price stability (inflation). The Fed helps lower inflation by raising the Fed Funds Rate, which tightens monetary conditions and slows economic demand. If demand slows, prices come...
by Alterna Mortgage | Feb 13, 2022 | Home Buying, Housing Market, Interest rates, Real Estate
There will be significant rate increases taking effect April 1st, 2022. This is not an early April Fool’s joke. Fannie Mae and Freddie Mac are implementing new ways to help folks needing assistance with owning a home. I think it is a great idea. However, in order to...
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...
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