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 | Nov 10, 2021 | Interest rates, Refinancing
The Fed finally announced it would begin tapering its purchases of Treasuries and mortgage-backed securities “later this month.” These purchases have supported low mortgage rates, which should creep up. There’s considerable disagreement over how sharply rates will...
by Alterna Mortgage | Oct 15, 2021 | Real Estate, Refinancing
As we have mentioned before, refinancing isn’t for everyone. Educating homeowners about the refinance process is an important service we provide at Alterna Mortgage. Since mortgage rates at an all-time low, refinancing has become a hot topic for homeowners as a...
by Alterna Mortgage | Oct 7, 2021 | Housing Market, Refinancing
Interest rates are generally low right now and you may be able to swap out your old, higher interest rate mortgage for a new one with lower rates. Refinancing may seem like a no-brainer…but it is not a wise financial move for everyone. Before you jump in with...
by Alterna Mortgage | Sep 28, 2021 | Financing, Interest rates, Refinancing
Federal Reserve officials are expected to slow the asset purchases used to support the US economy during the COVID pandemic. Officials also indicated that they might raise interest rates in 2022. Both of these can be signs that policymakers are preparing to move away...
by Alterna Mortgage | Sep 10, 2021 | Interest rates, Refinancing
Of course there are still day-to-day fluctuations in the market, but mortgage refinance rates remain at historic lows. In many cases, homeowners looking to pay off their mortgages sooner may find 10-year rates particularly appealing. Since July 19, 2021, 10-year...
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