by Alterna Mortgage | Sep 29, 2020 | Interest rates, Real Estate, Refinancing
There are a lot of great reasons to refinance your home mortgage. To help you decide if it is the right decision for you, we have added a Refinance Calculator to our website. Why would you want to refinance? Lowering your interest rate Known as a “rate-and-term”...
by Alterna Mortgage | Sep 28, 2020 | Financing, Interest rates, Real Estate, Refinancing
Buying a house is likely one of the most important decisions you have ever made. If you still love your home, but not your mortgage rate, you might want to consider refinancing now while interest rates are so low. Refinancing gives you the opportunity to exchange your...
by Alterna Mortgage | Sep 23, 2020 | Interest rates, Refinancing
Federal Reserve officials are expected to leave interest rates near zero for the foreseeable future — likely through at least 2023. This means they will put up with periods of higher inflation in an effort to revive the labor market and economy. The announcement last...
by Alterna Mortgage | Jul 23, 2020 | Financing, Interest rates, Refinancing
The process of refinancing your home is nearly identical to applying for your first mortgage. Before you begin, you’ll definitely want to connect with us at Alterna Mortgage to go over your options. We will help automate the process as much as possible for you by...
by Alterna Mortgage | Jul 17, 2020 | Interest rates, Refinancing
Since mortgage rates at an all-time low, refinancing has become a hot topic for homeowners. There is a good reason for this: refinance could lower the interest rate on a homeowner’s mortgage and save them significant money in the long term. As we have mentioned...
by Alterna Mortgage | Jun 19, 2020 | Financing, Refinancing
Refinancing a home doesn’t need to be a complicated process. Half of the battle is knowing the terminology used in the mortgage and finance industries. Let’s take the guess work out of some of these terms by defining them: Adjustable-Rate Mortgage Also called an ARM,...
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