Fed Holds Steady Amid Job Growth and Mortgage Rate Drop
In June, the U.S. economy added 147,000 jobs, reinforcing the Federal Reserve’s current stance to keep interest rates steady. Chair Jerome Powell signaled that rate cuts may happen later this year if inflation slows, but for now, patience prevails. Meanwhile, mortgage regulator Bill Pulte is calling for a congressional investigation into Powell, adding political tension to the Fed’s decision-making.
Helping self-employed borrowers secure financing doesn’t have to be a challenge. At FNBA, we equip you with flexible Non-QM loan options tailored for self-employed clients. Instead of relying on traditional...
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A multi-family property loan that provides flexibility for business purpose borrowers. Ideal for Real Estate Investors or entities looking to invest in multi-family properties for business purposes, aiming to generate...
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The Super Jumbo program is a specialty product for high-net-worth borrowers with solid, stable income and credit and considerable assets for down payment, closing costs and reserves. The collateral must...
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