by Alterna Mortgage | Feb 24, 2021 | Home Buying, Housing Market, Interest rates
Many industries faced significant problems in 2020 as a result of the coronavirus pandemic. The housing market was a different story – it thrived. Mortgage rates fell to historic lows while housing prices increased in most markets across the United States. With...
by Alterna Mortgage | Feb 1, 2021 | Financing, Housing Market, Inflation, Interest rates, Refinancing
You may be hearing a lot about inflation over the next few months. Reduced economic activity caused by the pandemic has led to a decline in inflation. This slowing of inflation has played a role in record low mortgage rates. However, investors are now concerned that...
by Alterna Mortgage | Jan 28, 2021 | Credit, Financing, Interest rates, Real Estate, Refinancing
As we said before, those Christmas credit card bills are starting to roll in. As a result of Christmas 2020, you may find that you have a sizable amount of high-interest credit card or personal loan debt. A cash-out refinance can improve your cash flow situation and...
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 | 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 | 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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