by Alterna Mortgage | Jun 3, 2021 | Financing, Housing Market, Refinancing
Home values are through the roof and rates are still very low. Higher home values and interest rates as low as they are means you may be able to refinance with some cash out to pay off high interest debt. You might even be able to reduce your monthly mortgage payment...
by Alterna Mortgage | May 28, 2021 | Financing, Home Buying, Housing Market, Interest rates
Spring is normally the hottest time of year for home sales. Buyers get serious when the warmer weather arrives and most families want to move before the next school year begins. Last year, the coronavirus crisis led to a housing market halt in mid-March, as states...
by Alterna Mortgage | May 18, 2021 | Home Buying, Housing Market, Interest rates
Low mortgage rates are adding fuel to a housing boom fire. House hunters are taking advantage of today’s historically low rates as soon as they possibly can. In fact, the interest rate on the nation’s most popular mortgage has dropped for the second week in a...
by Alterna Mortgage | Apr 30, 2021 | Housing Market, Inflation, Interest rates, Refinancing
There are a few things the financial markets are saying are important for interest rates, stocks, and the economy. One of them is inflation. The March Consumer Price Index (CPI) came in at 2.6% year-over-year, the highest level since August 2018. While there are key...
by Alterna Mortgage | Apr 19, 2021 | Home Buying, Housing Market, Interest rates, Mortgage Programs
Recent economic reports highlighted pent-up consumer demand as well as the positive impact of many states reopening their economies. Retail Sales, an indicator of consumer spending activity, rose a phenomenal 9.8% on a month-to-month basis. Initial Jobless Claims,...
by Alterna Mortgage | Mar 31, 2021 | Financing, Home Buying, Housing Market, Mortgage Programs
Anyone can look online at the general requirements to purchase a house. If you wander around long enough, you can figure out if you might qualify based on your current financial situation. When you’re ready to get serious about buying, though, you should take a look...
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