Mortgage / Finance

Anybody that's hung around the ActiveRain “water cooler” for any length of time understands the value of the relationships built on the site. AR is so much more than a social networking site, however.


It's also the place to get up-to-the-minute information on topics that affect your clients. Ask yourself: what's the most confusing aspect of buying a home for the real estate consumer? The answer is most likely financing the purchase. Credit scores and how they affect the mortgage rate, types of loan products, points, fees – whew! -- there's a lot to know about mortgages.


To serve your clients effectively you need to know about this stuff and keep abreast of changes in the mortgage industry. Thankfully, ActiveRain is not only popular with real estate agents and brokers but with finance professionals as well.


Whether you're an agent trying to figure out what the Fed's latest move means to your clients or a mortgage pro who needs input on how to build relationships with real estate agents, ActiveRain is the place to tap into a wealth of knowledge.

Trending blogs on Mortgage / Finance

 

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
32514 Pensacola Florida News: Long-term mortgage rates stable for third week At 3.84% this week, the key 30-year, fixed-rate loan has hovered around 3.8% lately after six straight weeks of declines. Read more Call or Text Charles Stallions Now 850-476-4494 for any of you real estate related quest...

By Doug Dawes, Your Personal Realtor®
(Keller Williams Realty - Topsfield, MA)
Comments 7
...Refinance my home?My youngest son recently purchased a home in a neighboring State. He and Sarah are both very excited with the purchase and the home as they thought it may have taken quite a while before they could purchase. BUT, as life has a habit of doing, circumstances changed suddenly an...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: The FHFA Home Price Index rose 0.1% in May, and is Up 5.0% YoY. The FHFA HPI is an index that measures home prices for home with Conforming loans. May's numbers doesn't seem like a lot, but it was off a very good April that saw it rise 0.4%. Existing Home Sales ...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
After leaving the logistics industry, Josh started his career in mortgage lending.  Almost as if it was fate, he started working for his family’s mortgage bank in Florida where he gained real world experience on how to best serve his clients.   Wanting to offer his clients a new futuristic approa...

By Phil Stevenson, CRMP, "Mortgage Nerd" in Miami, Florida and Texas
(PS Mortgage Lending 305-791-4874 or 888-845-6630)
Comments 0
Today I want to write about something serious, something that really upsets me. A friend of mine sent me an article(link), a friend and a financial advisor who understands reverse mortgages. The title of the article from USA Today reads:  “Seniors were sold sold a risk free retirement with revers...

By Mike Bjork
(CMG Financial)
Comments 1
http://MikesDailyMarketReport.com: No economic data from the calendar to report today. We will see a lot of Housing Data later this week, however. Stocks started the morning in Positive Territory; however, the DOW has since turned Negative, so Stocks are Mixed. There are further Corporate Earning...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 6 basis points today at 102.28 having closed 219 points above support offered by the 200 day moving average. The conforming rate is at 3.875% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.00%. Whether in New England...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
The National Association of REALTORS® reports that existing home sales in June fell 1.7% from May to an annual rate of 5.27M units versus the 5.30M expected. The decline is due in part to the continued shortage of homes for sale on the market. Sales fell 2.2% from June 2018. Modest gains were see...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 0
  The USDA just released their new income limits for 2019. This is the Maximum income limit allowed to be eligible to use USDA Financing.For a large portion of NJ the "small family" (up to 4 people) limit is $108,550 and the Large family (5-8 persons) is now $143,300.(This is the household income...

By Darin Osenberg
(Funky Quail Vintage)
Comments 82
Hello everyone!  Everyone on AR,and in the Realestate Market...I am sure KNOWS that USDA loans (where applicable) are arguably the BEST PRODUCT OUT THERE!!!  However, did you know that you can purchase a home that needs some LOVE and FINANCE the improvements?  All with NO MORTGAGE INSURANCE AND A...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 102
If you're happy where you are, then congratulations! But if you're dreading Monday, maybe it's time for a change.  Consider one of these career offerings! (Click below) (Please SHARE, you may help someone find their dream job! ) Send your resume to Trent.Dalrymple@TexanaBank.com if you have a min...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 0
 Here is whats on this week's Economic calendar. Whle it looks like a busy week, I do not anticipate any of these reports to have a significant impact on the market. Robert Rauf Mortgage Loan Originator NMLS# 248937http://www.homebridge.com/RobertRauf or my blog: http://activerain.com/blogs/rrauf...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 3 basis points today at 102.34 having closed 227 points above support offered by the 200 day moving average. The conforming rate is at 3.875% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.00%. Whether in New England, ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“Thank You for the Referral Jeff”  Hi Joe,I hope all is well.  We have an employee in the building who is looking to refinance her home and Jeff XXXXXX recommended we connect you with her to see if you can assist.  Let me know what your best contact information would be and we can connect you guy...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 3.04% Fixed 2 Year 3.74% 2.89% Fixed 3 Year 3.89% 2.79% Fixed 4 Year 3.94% 2.94% Fixed 5 Year 5.19% 2.74% Fixed 7 Year 5.80% 2.99% Fixed 10 Year 6.10% 3.04% Variable 2.90% Prime 3.95% Benchmark 5.19%

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 4
Closing Costs on a Mortgage When a homebuyer, or homeowner looking to refinance, obtains a mortgage, there are always associated costs.  Even in the so-called "no cost" loan structures, trust me, you're paying something.  When a consumer does the research on what it will cost to get a loan, there...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 11
Should I Get a HELOC? Thankfully, many of our clients are happy with their mortgages.  The interest rate, the terms, the peace of mind --- all are satisfactory and there's no motivation to change or refinance.  But what happens if there's a need to use the equity in the home to finance a remodeli...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
US stocks are modestly higher this morning being buoyed by strong earnings from Microsoft. This morning, Larry Fink from BlackRock, chairman and CEO of the world's largest money-management firm, said that US stocks should push higher from the current record levels. "People are underinvested in eq...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed down 3 basis points today at 102.34 having closed 239 points above support offered by the 200 day moving average. The conforming rate is at 3.875% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.00%. Whether in New England...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 5
   “Bait and Switch is Alive”    Hello Joe, I'm thinking of making an offer on the three family that I looked at. As I shared with you previously I have been speaking with another lender. They were able to offer me a conventional loan at minimum 3% down. They quoted me an interest rate of 4% and ...