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Saturday, September 19, 2020

Federal Reserve lowers interest rates

The Federal Reserve announced today that it will cut interest rates further, to a top rate of 2 percent. “The committee seeks to foster...

FHA Make Financing Easier for Condos

The Federal Housing Administration has finally issued a long-awaited update to its condominium rules, announcing Wednesday that it will now allow individual unit approval and is...

Mortgage Rates Hover Near Historical Lows in U.S.

According to Freddie Mac's latest Primary Mortgage Market Survey for mid-August 2019, the 30-year fixed-rate mortgage rate in the U.S. averaged 3.60...

Fed Cuts Rates

The policymaking Federal Open Market Committee drops the target range for its overnight lending rate to 2% to 2.25%, or 25 basis points from...

Fed Signals End of Interest Rate Increases

WASHINGTON — The Federal Reserve stepped hard on the brakes Wednesday, indicating for the first time in recent years that it did not anticipate...

Shares of Fannie, Freddie soar as Wall Street bets on GSE...

There’s been lots of noise lately that the end of Fannie Mae and Freddie Mac’s conservatorship is looming, and the speculation is causing the...

Mortgage Rates Fall To Lowest Level In Nine Months

Mortgage rates took a dive across the board, reaching the lowest levels in months, according to the latest Freddie Mac Primary Mortgage Market Survey.According...

Mortgage Lenders in Puerto Rico

Buying a home in Puerto Rico is very similar to buying in the continental US, Alaska, and Hawaii. You will find loans that are...

Economists differ on 2019 Real Estate Outlook

As 2018 winds down, so too have several leading indicators of home sales activity: New and existing home sales, builder sentiment, price growth and...

New FICO Model Could Boost Credit Scores

New model taps into consumer banking data.Experian, FICO and Finicity announced a new credit scoring model that could expand credit access for millions of...