by Alterna Mortgage | Mar 31, 2021 | Financing, Home Buying, Housing Market, Mortgage Programs
Anyone can look online at the general requirements to purchase a house. If you wander around long enough, you can figure out if you might qualify based on your current financial situation. When you’re ready to get serious about buying, though, you should take a look...
by Alterna Mortgage | Mar 20, 2021 | Home Buying, Housing Market, Inflation, Interest rates, Real Estate, Refinancing
It was another rough week for mortgage markets. Generally, things looked promising Wednesday when the Fed meeting revealed no policy changes. As a result, rates dropped from their peak. The next day, however, rates resumed their rise, and mortgage rates finished the...
by Alterna Mortgage | Mar 12, 2021 | Financing, Home Buying, Inflation, Interest rates
So far in 2021, mortgage rates have been on an upward path. Recently released economic data was stronger than expected – so the rising trend continues. As a result of the improving economic conditions, long-term bond yields (including mortgage rates) have risen...
by Alterna Mortgage | Mar 7, 2021 | Home Buying, Housing Market, Mortgage Programs, Real Estate
One of the most common reasons people buy homes is for the immediate benefit of stable monthly payments. Once you own a home, you have a steady monthly mortgage payment for years with a fixed-rate mortgage. No more worrying about rental prices continuously going up. ...
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