by Alterna Mortgage | Aug 18, 2020 | Uncategorized
COVID-19 has led to the largest shock to the U.S. economy in our lifetime. The Federal Reserve, Treasury, and administration have responded with trillions of dollars in stimulus measures to help underwrite, or carry, the economy through this pandemic — and more is...
by Alterna Mortgage | Jun 13, 2020 | Uncategorized
The Federal Reserve left interest rates unchanged (near zero) amidst a projected gradual economic recovery from the recession. New forecasts predict a slower economic recovery than the Trump administration seems to expect. In the post-meeting statement that...
by Alterna Mortgage | Apr 14, 2020 | Uncategorized
We recognize there is a lot of information posted on the Internet and in the media regarding how to pay your mortgage during the COVID-19 pandemic. As your trusted mortgage broker, we want you to have the best information available. One topic that is particularly hot...
by Alterna Mortgage | Feb 26, 2020 | Uncategorized
Minutes of the central bank’s last policy meeting showed policymakers at the Federal Reserve were cautiously optimistic about interest rates holding steady this year, even after acknowledging new risks caused by the coronavirus outbreak. The readout of the...
by Alterna Mortgage | Aug 21, 2019 | Uncategorized
Recent recession fears have been brought on by the yield of the 10-year Treasury dropping below that of the 2-year. This “yield curve inversion” in the past signaled a recession starting an average of 18 months out. Many cooler economic heads noted such...
by Alterna Mortgage | Jun 29, 2019 | Uncategorized
There are a number of reasons why working with Alterna Mortgage is better than working with a bank. We decided to make a list for you! Drawbacks of working with a bank They have conservative loan programs. They don’t disclose the yield-spread premium. Working...
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