August 26, 2020
Americans Have Never Felt Better About Buying A House Than They Do Right Now In July, housing confidence increased as more Americans reported now is a good time to buy, according to Fannie Mae’s latest Home Purchase Sentiment Index. According…
August 26, 2020
Lowered Federal Funds Rates The Federal Open Market Committee yesterday lowered the federal funds rate for the first time since the Great Recession. The FOMC lowered the federal funds rate by 25 basis points, following its policy meeting yesterday. The FOMC also…
August 26, 2020
HUD Issues Formal Suspension Of Down Payment Assistance Guidelines Rule Change The Department of Housing and Urban Development issued a notice to lenders Tuesday announcing the formal suspension of its rule change to down payment assistance guidelines. According to the bulletin,…
August 26, 2020
Marketing In A Minute! Please enjoy a quick market news update on what happened this week in the housing and financial markets. Market News Retail sales increased in June, pointing to strong consumer spending. This could offset the slowdown from…
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