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 Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Commercial Bond Yields CMB 5 Year - 1.79%* CANHOU 12/15/24 [+0.03]   ‌ 10 Year - 1.86% CANHOU 09/15/29 [+0.02]   * denotes interpolated rate GoC 5 Year - 1.47% CAN 1.50 09/01/24 [+0.03]   ‌ 10 Year - 1.43% CAN 2.25 06/01/29 [+0.02]   ‌ 15 Year - 1.53%* CAN 12/01/34 [+0.01]   ‌ 20 Year - 1.58%* C...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: We don't have any data to report from the Economic Calendar today. Stocks are Up again today and approaching new highs again. Tensions between US and China appear to be easing, as they're currently meeting to prepare for the bigger meeting in October. A few memb...

By Phil Stevenson, CRMP, "Mortgage Nerd" in Miami, Florida and Texas
(PS Mortgage Lending 305-791-4874 or 888-845-6630)
Comments 0
This month, we arrived to really solid ground, regarding mortgages at least. Refinancing opportunities for people who originated their mortgage in 2018 are looking good. A vast quantity of last year’s mortgages are currently carrying rates 0.75% higher than today’s average rate, which is now at 3...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 2
 “Mortgage Teaching Minutes”    I have had many requests over the years to share mortgage information in some sort of audio format. I have decided to make that happen! The format that I will be using is YouTube. Most likely I will be sharing a link to my “Mortgage Teaching Minutes” and incorporat...

By D. Bass, Blog: Ask The Underwriter
(Ask The Underwriter)
Comments 2
Rent with an option to purchase can be a great way to purchase a home. Some sellers will give credit for a portion of the rent, to cover the downpayment when its time to purchase the home. The FHA rent credit sounds good, but it is one of the hardest credits to use. I've had several loans that ha...

By Danny Papadopoulos, Offering Private & Second Mortgages in Toronto
(Homebase Mortgages)
Comments 0
An increasing number of homeowners currently has a HELOC so the question is, is it still possible to get a second mortgage if you already have an existing HELOC? The fact is, that may be a big challenge considering the recent changes for second mortgages implemented by Canada’s leading HELOC prov...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
The National Association of Realtors (NAR) reports that existing home sales rose 1.3% in August from July to an annual rate of 5.49 million units, above the 5.36 million expected. Overall, sales were up 2.6% from a year ago. The NAR said that buyers are finding it hard to resist the current low m...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed flat today at 102.31 having closed 118 points above support offered by the 200 day moving average. The conforming rate is at 3.625% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.125%. Whether in New England, the Mid Atla...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: Weekly Jobless Claims beat forecasts and rose only 2k, to 208k. The Philly Fed dropped from 16.8 to 12.0 in Sept., but still beat it's projection at 10.0. This measures the manufacturing in the Philadelphia region. Existing Home Sales rose in August from 5.42 mi...

By Michael O'Leary, Enrolled Agent, CPA Quality without CPA Prices!
(By The Book Taxes)
Comments 0
Last week I gave an overview of the “Equitable Relief” option of an Innocent Spouse. That article is linked here. This week’s article describes the Innocent Spouse filing available for taxpayers who live in the nine (9) community property states of California, Arizona, New Mexico, Nevada, Texas, ...

By Michael O'Leary, Enrolled Agent, CPA Quality without CPA Prices!
(By The Book Taxes)
Comments 1
In prior weeks I wrote about, “The IRS Collection Process”, “IRS Collection Letters” and “The Final IRS Notice”.This week I am writing about the first step you need to take in order to solve your tax problems, which is to get into “tax compliance”.Before you can enter into any agreement with the ...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 0
Conventional 30 year Mortgage: 3.49%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.63%FHA 30 year: 3.5% Credit Score:740LTV:96.5%loan amount:$300kAPR: 4.4%Conventional 15 year: 3.0%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.245% Rates are Subject to ChangeCall me today if you are thinking of ...

By Richa Nayyar
(Coming service)
Comments 0
No doubt, majority of the folks are spending considerable amount of money on the Golden Goose Sneakers. There are plenty of manufacturers are out there that is providing the Fake Golden Goose Sneakers. If you are one who doesn’t want to create a pinch in the pocket then you should always analyze ...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: Both Housing Starts and Permits had a very nice spike in August, which coincides with yesterday's NAHB Home Builder Index. Housing Starts jumped Up from 1.215 million annualized units to 1.364 million. Permits leaped from 1.317 million annualized units to 1.419 ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
“I wouldn’t want to Hire this Lawyer”       A lawyer runs a stop sign and gets pulled over by a sheriff. He thinks he's smarter being a big shot lawyer from New York and has a better education than an sheriff from West Virginia. The sheriff asks for license and registration. The lawyer asks, "Wha...

By Reggie Graham, Best Mortgage Originator in South Atlanta Area.
(Silverton Mortgage)
Comments 0
https://www.facebook.com/SilvertonMortgage/photos/gm.1522041524604160/2877661965596377/?type=3  

By Danny Papadopoulos, Offering Private & Second Mortgages in Toronto
(Homebase Mortgages)
Comments 0
Perhaps you’re wondering whether now is the right time to get a second mortgage. After all, getting a second mortgage is quite common these days and it doesn’t seem to be a very complicated process. Is it indeed true that it is easy to get a second mortgage?Second Mortgage RequirementsJust like a...

By Joseph Damiens, Tax Law Firm
(Damiens Law Firm, PLLC)
Comments 3
As a Mississippi tax attorney, we routinely work with clients throughout Mississippi to resolve their IRS federal tax debt and their Mississippi Department of Revenue state tax debt through the offer-in-compromise program. Of course, the first questions is always, how much do I have to offer? Un...

By Michael O'Leary, Enrolled Agent, CPA Quality without CPA Prices!
(By The Book Taxes)
Comments 0
HOW TO SUBORDINATE AN IRS TAX LIEN Last week’s blog was an overview on IRS tax liens. You can link to it here. This week’s blog will go into detail about one of the options available to taxpayers to get around a tax lien. This option is known as subordination. My firm, By The Book Taxes, located ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Average FICO scores have been on the rise since the end of the Great Recession due in part to missed payments on mortgages and credit cards being purged from credit files. FICO (Fair, Isaac and Company) reports that average score has risen to 706, the highest on record compared to the 690 seen at...