Tweets Shown to Have ‘Significant’ Effect on Trading
President Donald Trump’s Twitter tweets regarding the Federal Reserve are prompting investors to bet the central bank will bow to political pressure and lower interest rates. Trump has frequently used social media to criticize the Fed and Chairman Jerome Powell for...
Overnight Repo Operation
On Tuesday morning, the NY Fed launched what's called an "overnight repo operation," during which the central bank attempts to ease pressure in markets by purchasing Treasuries and other securities. The goal is to pump money into the system to keep borrowing costs...
Millennials are at risk if there is another recession
The last time there was a recession, I was in my late 20s. Not only did we have to pay more in rent, but I was paying more for consumer goods, student loans, groceries...basically everything. I found this article an interesting read. It seems that millennials are...
Are we heading for a recession?
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 inversions...
Take control of your credit with a credit freeze
If you are worried about identity theft, data breaches, or unauthorized access to your credit report, you should place a credit freeze on your report. Also known as a security freeze, this free tool lets you restrict access to your credit report. This makes it harder...
Take control of your credit report with a credit freeze
If you are worried about identity theft, data breaches, or unauthorized access to your credit report, you should place a credit freeze on your report. Also known as a security freeze, this free tool lets you restrict access to your credit report. This makes it harder...
Get a free credit report
Did you know that you can get a free annual credit report from all three major credit reporting agencies - Equifax, Experian, and TransUnion? Many sites promise credit reports for free...but AnnualCreditReport.com is the only official site explicitly directed by...
Opt out of prescreened offers of credit
Did you know that if you don't want to receive prescreened offers of credit you can opt out of receiving them for five years - or opt out of receiving them forever? Tired of having your mailbox crammed with preapproved credit card applications? Fed up with getting...
Pros of working with a mortgage broker
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 with...
Broker or Bank – which is best for your mortgage?
The majority of homeowners turn to banks when it comes time to get a mortgage. This is frequently the default choice because home loan services are usually offered at the customer’s primary bank. This provides for one-stop shopping and can answer for someone looking...