Economy

States at Highest Risk of Economic Strain From COVID-19

Historically high levels of foreclosures witnessed during the Great Recession aren’t likely, but “the number of defaults will increase once the foreclosure moratoria have lifted,” experts predict. Here are the areas most likely to be impacted. The post States at Highest Risk of Economic Strain From COVID-19 appeared first on DSNews.

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Fannie Mae Economist: When Will Economy Bounce Back?

According to the latest commentary from the Fannie Mae Economic and Strategic Research Group, America’s economy is surprisingly poised to bounce back in the coming quarter. Although the U.S. economy experienced a setback in the second quarter, contracting by 32.9% (annualized), all seems not to be lost according to experts. Even though this second quarter … The post Fannie Mae …

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4.8M Jobs Added in June

One economist said the market is “clearly” moving in the right direction, which will cause consumer confidence to grow when deciding to purchase a home. The post 4.8M Jobs Added in June appeared first on DSNews.

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Treasury Delivers Update on Residential Investment

The report from Beth Hammack, Chair, Treasury Borrowing Advisory Committee and Daniel Dufresne Vice Chair, Treasury Borrowing Advisory Committee includes data on the state of residential investment The post Treasury Delivers Update on Residential Investment appeared first on DSNews.

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Is a Recession Already Here?

According to S&P Global, a sudden economic reversal will likely result in a surge in defaults in the coming months. The post Is a Recession Already Here? appeared first on DSNews.

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