by Alterna Mortgage | Aug 11, 2021 | Refinancing
Working with Alterna Mortgage is better than working with a bank. PROS OF WORKING WITH ALTERNA MORTGAGE We do all the legwork for you, working on your behalf with the lender We compare wholesale mortgage rates from a large number of banks and lenders all at once We...
by Alterna Mortgage | Aug 2, 2021 | Financing, Interest rates, Refinancing
If you’ve been waiting to move ahead with a refinance, you are in luck: low mortgage rates are back. Many homeowners recently decided to enter the refinance market as the average rate on a 30-year mortgage dropped last week to 2.78%. This is not too far from...
by Alterna Mortgage | Jun 22, 2021 | Financing, Refinancing
With rates still low…you may want to consider shortening the term of your mortgage. Shortening your mortgage term is a great way to save money on interest. Often, shortening your term means you’ll receive a better interest rate. A better interest rate and...
by Alterna Mortgage | Jun 14, 2021 | Credit, Financing, Home Buying, Interest rates, Refinancing
When getting ready to buy a house (or refinance), you will go through the process of getting your credit scores. Often times the credit scores are a bit different across the major bureaus when your credit is pulled by a lender. Why does this happen? Actually, there...
by Alterna Mortgage | Jun 3, 2021 | Financing, Housing Market, Refinancing
Home values are through the roof and rates are still very low. Higher home values and interest rates as low as they are means you may be able to refinance with some cash out to pay off high interest debt. You might even be able to reduce your monthly mortgage payment...
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...
Recent Comments