by Alterna Mortgage | Nov 4, 2025 | Financing, Interest rates, Real Estate, Refinancing
On October 29th, 2025, the Federal Reserve lowered the federal funds rate for the second consecutive time, reducing it by a quarter point to set the target range at 3.75%-4.00%. The next opportunity for a potential rate cut will be at the upcoming Federal Open Market...
by Alterna Mortgage | Nov 2, 2025 | Financing, Interest rates, Real Estate, Refinancing
A recent proposal suggests offering 50-year loans to help buyers purchase homes and build equity. However, this plan is unlikely to succeed, as it would significantly slow down the equity growth that makes homeownership appealing. Buyers would be essentially locked in...
by Alterna Mortgage | Sep 18, 2025 | Financing, Home Buying, Housing Market, Interest rates, Real Estate, Refinancing
The Fed lowered borrowing costs by 25 basis points on September 17, 2025, a move Chair Jerome Powell framed as a “risk management” cut to bolster an increasingly fragile labor market. The decision was nearly unanimous, with the only dissent coming from Stephen Miran,...
by Alterna Mortgage | Jul 9, 2025 | Financing, Home Buying, Housing Market, Interest rates, Real Estate, Refinancing
Chairman Powell decided to keep rates at their current range of 4.25% to 4.5%, citing uncertainty over the impact of tariffs on inflation. There’s been significant debate over the Fed’s interest rate policy this year, mainly because of tariffs. Most...
by Alterna Mortgage | Oct 1, 2024 | Financing, Interest rates, Refinancing
The number of people claiming unemployment benefits in the US rose by 33,000 from the previous week to 258,000 on the period ending October 5th, significantly exceeding market expectations of 230,000. This marks a new 14- month high and highlights the ongoing trend of...
by Alterna Mortgage | Jul 15, 2024 | Financing, Housing Market, Interest rates, Refinancing
Jerome Powell concluded his visit to Capitol Hill as part of his twice-yearly report on the state of the economy this week. Powell said the risks to the economy have become better balanced, allowing him to broaden his focus beyond getting inflation down. He’s watching...
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