August 26, 2020
Upcoming Strength Despite expecting an economic slowdown as reflected in the gross domestic product (GDP), Freddie Mac published a pretty upbeat September forecast as the month, the third quarter, and the government’s fiscal year ended on Monday. The company’s Economic and Housing…
August 26, 2020
Gaining Speed Home-price gains will pick up speed in the coming year, with a 5.4% jump in the 12 months following July 2019, according to a forecast from CoreLogic. That would be a faster pace than the 3.6% annualized increase…
August 26, 2020
FED Lowers Rates Lowered Rates The Federal Open Market Committee, as expected, lowered the federal funds rate by 25 basis points following its policy meeting yesterday. The cut–the second this year–reduces the federal funds rate to 1.75-2%. In making the…
August 26, 2020
7 Hurricane Tips American Bancshares Mortgage is encouraging everyone to prepare for hurricane season by assessing their home’s risk and developing emergency plans to protect against storms. Here are seven tips that are sure to be of use: Know your…
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