by Alterna Mortgage | Jan 19, 2021 | Financing, Interest rates, Refinancing
It’s that time of year again. The holiday credit card bills are starting to arrive in the mail. Not only that, most people start the new year with a desire to improve their financial situations. With rates at an all-time low, a Cash-Out Refinance may be their way out....
by Alterna Mortgage | Jan 11, 2021 | Uncategorized
The new year brings many promises for changes and improvements. As such, the beginning of a new year is a great time to improve your financial situation. In fact, one of the most common New Year’s resolutions is to save more money. While there are many ways to...
by Alterna Mortgage | Dec 8, 2020 | Financing, Housing Market, Interest rates, Refinancing
There are a lot of numbers involved with purchasing or refinancing a home. Sometimes it is easier to understand the numbers when we can visualize them. Alterna Mortgage has a few interactive visual charts on our website to make the overall picture of recent (and...
by Alterna Mortgage | Dec 3, 2020 | Financing, Housing Market, Mortgage Programs, Real Estate
The Federal Housing Finance Agency recently announced a new baseline conforming loan limit for Fannie Mae and Freddie Mac in 2021: $548,250. This means that you can now borrow an additional $38,150. This can get you a house with more square footage, more land, better...
by Alterna Mortgage | Nov 19, 2020 | Housing Market, Interest rates, Refinancing
Mortgage rates fell to another record low last week. This marks the 13th time this year alone. According to Freddie Mac, the average interest rate on a 30-year fixed-rate mortgage dropped to the lowest level in the nearly 50 years of the mortgage giant’s survey....
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