Five bank presidents and top executives from Miami-Dade and Broward agreed that all banks are in the same situation: they have cash overflow and an increase in customers and lending activities. CLICK ON THE HEADLINE FOR MORE
The burning desire to redo mortgages had already been high since the first of the year, as falling interest rates moved them to revise their repayment terms — downward. Now, the Federal Reserve just announced an emergency interest rate cut designed to curb the economic damage from the burgeoning coronavirus. CLICK ON THE HEADLINE FOR MORE
Some real-estate fundamentals have been changing for the better, and at the moment, there are green shoots in sight — signs of a better balanced housing market ahead. CLCIK ON THE HEADLINE FOR MORE
According to the Federal Reserve’s top official in Miami, the regulatory body is anticipating two hikes this year that could bump the rate to 3.25 percent that is expected to push up the cost of borrowing for commercial and residential loans. CLICK ON THE HEADLINE FOR MORE
