Fed Has Dim Outlook As Virus Squeezes Economy

Written by Florida Condotel Mortrgage on July 30, 2020. Posted in Florida Condotel Mortgage.

Federal Chair Powell said the ongoing pandemic threatens a modest rebound in early summer, and that the Fed will keep interest rates near zero well into the future. #floridacondotels #floridacondotelmortgage #floridacondotelfinancing

#floridacondotels #floridacondotelmortgage #floridacondotelfinancing

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Rates posted assumes 25% down payment, and an ARM rate first mortgage on a Florida condotel, primary residence. Additional required amounts such as taxes, insurance, home owner association dues, assessments, flood insurance or other such required payments should also be considered. Not all individuals will qualify for a mortgage loan. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. **Posted APR is based on Mortgage Assumptions.

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