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It is a great time to take advantage of the current interest rates

It is a great time to take advantage of the current interest rates

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...
A volatile week

A volatile week

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...
Good news for the economy is bad news for rates

Good news for the economy is bad news for rates

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...
Mortgage rates rise drastically as the economy recovers

Mortgage rates rise drastically as the economy recovers

by Alterna Mortgage | Feb 26, 2021 | Home Buying, Housing Market, Inflation, Interest rates, Refinancing

The economic recovery continued in the United States. The recovery, combined with additional government stimulus on the way, lead to mortgage rates ending the week at their highest levels in a few months. The pandemic-related reduction in economic activity led to a...
How does inflation factor into mortgages?

How does inflation factor into mortgages?

by Alterna Mortgage | Feb 1, 2021 | Financing, Housing Market, Inflation, Interest rates, Refinancing

You may be hearing a lot about inflation over the next few months. Reduced economic activity caused by the pandemic has led to a decline in inflation. This slowing of inflation has played a role in record low mortgage rates. However, investors are now concerned that...
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