by Alterna Mortgage | Aug 28, 2020 | Uncategorized
A rate lock guarantees your interest rate for a specified period of time. It’s common for lenders to offer 15, 30, 45 and 60 day rate locks for a fee or to include the price of the rate lock into your loan. The shorter the lock the better the rate can be. Some lenders...
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 | Aug 3, 2020 | Housing Market, Interest rates, Mortgage Programs, Real Estate
The notion that summertime prices are always the highest prices is a myth. The truth is that there are a number of factors that determine home pricing such as summer slowdown at the office, fluctuating interest rates, general economic health, and this year: COVID....
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