Multifamily Mortgage Bankers and Brokers since 1997

Get Your Free Multifamily Loan Quote

CNBC Financial News

Xiaomi releases electric car $4K cheaper than Tesla's Model 3 as price wars heat up

Thu, 03/28/2024 - 07:19
Chinese smartphone company Xiaomi said Thursday it will sell its first car for far less than Tesla's Model 3, as price wars heat up in China's fiercely competitive electric car market.

UBS chief's surprise return to the Swiss banking giant bagged him a $15.9 million paycheck

Thu, 03/28/2024 - 00:32
UBS CEO Sergio Ermotti earned 14.4 million Swiss francs ($15.9 million) in 2023 after his surprise return to the helm of the Swiss banking giant.

China's economy is on track for 'strong' March performance, survey says

Wed, 03/27/2024 - 15:00
China's economy is ending the first quarter on a "strong" note, according to a business survey published by the China Beige Book on Thursday.

Crypto is ‘like cayenne pepper’ for investors, money manager says: 'A little goes a long way'

Wed, 03/27/2024 - 12:40
Investors who hold cryptocurrency like bitcoin only need to allocate a small share of their money to the digital assets to reap benefits, experts say.

Amazon spends $2.75 billion on AI startup Anthropic in its largest venture investment yet

Wed, 03/27/2024 - 09:50
Amazon is spending billions more to back an artificial intelligence startup as it looks for an edge in this new technology arms race. 

China's Xi meets U.S. executives as businesses navigate bilateral tensions

Wed, 03/27/2024 - 09:19
U.S. business leaders met with Chinese President Xi Jinping, the latest of Beijing's efforts to bolster foreign investment in China amid tensions with the U.S.

The UK is regulating memes about crypto and other investments to curb scams from 'finfluencers'

Wed, 03/27/2024 - 03:39
The Financial Conduct Authority said marketing for financial products — including those expressed in memes — should be fair, clear, and not misleading.

Nigeria's central bank hikes interest rate to 24.75% as it battles sky-high inflation, currency crisis

Tue, 03/26/2024 - 06:56
The Central Bank of Nigeria on Tuesday hiked its key interest rate by 200 basis points, as Africa's largest economy looks to recover from a historic currency crisis and soaring inflation.

Cocoa prices hit $10,000 per metric ton for the first time ever

Tue, 03/26/2024 - 03:59
Cocoa reached hit a record Tuesday as high demand and supply constraints fuel prices higher.

Binance executive escapes Nigerian custody as authorities file new tax charges

Mon, 03/25/2024 - 05:17
One of two Binance executives detained in Nigeria has escaped custody, while the Nigerian government has filed new tax evasion charges against the exchange.

Japan bucks private equity slowdown in Asia Pacific with deal value soaring 183% last year

Sun, 03/24/2024 - 18:04
Japan PE deal value surged 183% in 2023 from a year earlier, making it the largest private equity market in Asia Pacific for the first time.

Two fresh ways to play the weight loss and megacap tech hype

Sat, 03/23/2024 - 08:00
A major exchange-traded fund provider is going deep on two popular plays: megacap tech and weight loss drug stocks.

'Gray divorce' has doubled since the '90s — and the financial risk is high for women

Sat, 03/23/2024 - 06:00
Americans age 50 and older are divorcing at much higher rates, and women are financially vulnerable.

Anthropic is lining up a new slate of investors, but the AI startup has ruled out Saudi Arabia

Fri, 03/22/2024 - 13:05
Sovereign wealth funds and other investors are jostling to buy into an Anthropic stake. But the company has ruled out taking any Saudi money.

How to spot and overcome ‘ghost’ jobs

Fri, 03/22/2024 - 12:07
Many online job ads were posted months ago, giving the illusion of a phantom listing. There are ways to sidestep ghost jobs and position yourself for success.

Immigration is boosting the U.S. economy and has been 'really underestimated,' says JPMorgan research head

Fri, 03/22/2024 - 03:29
Joyce Chang, chair of global research at JPMorgan, said the recent influx of immigration — and its economic benefits — had been "really underestimated."

TikTok aside, Congress has its eye on the U.S. money going into China

Wed, 03/20/2024 - 16:16
Greater Congressional scrutiny on U.S. investments into China means any new rules or restrictions may outlast presidential terms and become part of U.S. law.

Fed raises GDP and inflation outlook, while keeping rate cut forecast

Wed, 03/20/2024 - 12:32
The Federal Open Market Committee's March projections for rate cuts shows a median Federal funds rate of 4.6% in 2024, versus 5.25%-5.50% today.

Fed holds rates steady and maintains three cuts coming sometime this year

Wed, 03/20/2024 - 11:57
The Federal Reserve on Wednesday released its decision on interest rates following its two-day policy meeting.

Here's what changed in the new Fed statement

Wed, 03/20/2024 - 11:24
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in January.

Pages

CLOSING 97% OF OUR MULTIFAMILY LOANS AS PROPOSED 

Getting the right loan and the lowest rate requires wisdom and finesse. If you’re ready to partner with a team of professionals who’ve built a foundation on straight talk and true strategy, we are the loan store for you.

 

(503) 376-7303     Get a Quote

26+ YEARS OF OVER-DELIVERING VALUE.

HUD Loans are one of the best options with the current level of interest rates. For a complete guide to HUD Multifamily Loans please go here:

HUD Multifamily Loans - The Complete Guide