by Alterna Mortgage | Oct 4, 2019 | Interest rates, Refinancing
Here comes the perfect storm for rates. You may want to get your refinance application in today. Or lock your purchase loans as this may be a small window that may only last for the next month or so. Remember: the rates are priced for what we think is going to...
by Alterna Mortgage | Oct 1, 2019 | Financing, Interest rates, Refinancing
There is a lot going on in the markets these days. Stagflation concerns are making it difficult for the federal reserve to make an additional rate cut in October. Some say it is about a 55% chance they cut rates. Recently, conventional thinking had it at a 99%...
by Alterna Mortgage | Sep 30, 2019 | Interest rates, Refinancing
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...
by Alterna Mortgage | Sep 18, 2019 | Interest rates, Refinancing
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...
by Alterna Mortgage | Aug 27, 2019 | Interest rates, Refinancing
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...
by Alterna Mortgage | May 11, 2019 | Interest rates, Mortgage Programs
The pre-crash borrowers from early 2000 to 2008 made purchases with good faith numbers that included the APR, closing fees, pre-paids, and and any points associated with the loan. However, most still felt they did not fully understand the fees and loan terms. This is...
Recent Comments