New York, NY. (September 20, 2024) — Executive Vice President and National Director of Retail Lending Neil Bader was interviewed by Lynda Baquero on NBC 4 New York/WNBC® in a video titled, Pursuit of better housing deals after fed rate cut.
The recent Federal Reserve interest rate cut may mean that potential homebuyers could get a better deal on the purchase of a property. This cut could help continue to push mortgage rates down, and Neil mentions that there’s already a difference in homebuying at The Federal Savings Bank.
According to the National Association of REALTORS®, consumers who were priced out because of higher mortgage interest rates could now be back in the market.
Watch the full video at https://www.nbcnewyork.com/news/pursuit-of-better-housing-deals-after-fed-rate-cut/5815247/
Contact:
The Federal Savings Bank
Neil Bader
NMLS#1005678
[email protected]
https://www.thefederalsavingsbank.com/leadership/neil-bader/
About The Federal Savings Bank:
The Federal Savings Bank is a federally chartered bank, veteran founded and operated. We are proud to be a nationwide mortgage lender, supporting borrowers in all 50 states. We believe in unparalleled experience, exceptional customer service, operational excellence, and community beyond walls.
This information is intended for educational purposes only. Products and interest rates subject to change without notice. Loan products are subject to credit approval and include terms and conditions, fees and other costs. Terms and conditions may apply. Property insurance is required on all loans secured by property. VA loan products are subject to VA eligibility requirements. Adjustable Rate Mortgage (ARM) interest rates and monthly payment are subject to adjustment. Upon submission of a full application, a mortgage banker will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your individual situation.
