by Alterna Mortgage | Oct 1, 2019 | Financing, Interest rates, Refinancing
There is a lot going on in the markets these days. Stagflation concerns are making it difficult for the federal reserve to make an additional rate cut in October. Some say it is about a 55% chance they cut rates. Recently, conventional thinking had it at a 99%...
by Alterna Mortgage | Sep 30, 2019 | Interest rates, Refinancing
President Donald Trump’s Twitter tweets regarding the Federal Reserve are prompting investors to bet the central bank will bow to political pressure and lower interest rates. Trump has frequently used social media to criticize the Fed and Chairman Jerome Powell for...
by Alterna Mortgage | Sep 18, 2019 | Interest rates, Refinancing
On Tuesday morning, the NY Fed launched what’s called an “overnight repo operation,” during which the central bank attempts to ease pressure in markets by purchasing Treasuries and other securities. The goal is to pump money into the system to keep...
by Alterna Mortgage | Aug 27, 2019 | Interest rates, Refinancing
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...
by Alterna Mortgage | Jun 27, 2019 | Mortgage Programs, Refinancing
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...
by Alterna Mortgage | Jun 19, 2019 | Refinancing
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...
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