by Alterna Mortgage | Jan 30, 2022 | Financing, Home Buying, Inflation, Interest rates, Refinancing, Uncategorized
The Federal Reserve on Wednesday provided the clearest hint yet that it could start raising interest rates as soon as March A .25% increase is expected. The market experts were predicting 3 rate hikes. Now they are predicting 4 hikes. This will be the beginning to the...
by Alterna Mortgage | Jan 10, 2022 | Financing, Home Buying, Housing Market, Inflation, Interest rates, Real Estate, Refinancing
2021 began with the lowest interest rates on record…but they didn’t last long. By April, they had already reached the peak for 2021. And we can very likely expect rates to move even higher in the new year. The Federal Reserve has given several signals that...
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 26, 2021 | Inflation, Interest rates, Mortgage Programs, Uncategorized
Conventional wisdom tells us that when stocks rise, rates decline. It also typically tells us that when inflation moves higher, rates typically increase. Generally speaking, as the economy reopens, rates will rise. Here is what has happened recently. Stocks rallied to...
by Alterna Mortgage | Mar 20, 2021 | Home Buying, Housing Market, Inflation, Interest rates, Real Estate, Refinancing
It was another rough week for mortgage markets. Generally, things looked promising Wednesday when the Fed meeting revealed no policy changes. As a result, rates dropped from their peak. The next day, however, rates resumed their rise, and mortgage rates finished the...
by Alterna Mortgage | Mar 12, 2021 | Financing, Home Buying, Inflation, Interest rates
So far in 2021, mortgage rates have been on an upward path. Recently released economic data was stronger than expected – so the rising trend continues. As a result of the improving economic conditions, long-term bond yields (including mortgage rates) have risen...
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