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 2
HIGH RATIO fixed term best discounted rates & posted rates as of January 18, 2019 Terms                           Posted Rates                 Preferred Rates 6 mos                          3.34%                          3.10%1 year                          3.59%                          3.19%2 y...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 48
One of the issues created by the Government Shutdown, has been the inability to obtain Tax Transcripts from the IRS.  Without Tax Transcripts, several loans are not able to close, even if the borrower provides copies of their tax returns.  However, through some lobbying pressure, there will soon ...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
    Commercial Bond Yields CMB 5 Year - 2.37%* CANHOU 06/15/24 [+0.01]   ‌ 10 Year - 2.54% CANHOU 12/15/28 [+0.02]   10 Year - 2.57%* CANHOU 09/15/29 [+0.02] * denotes interpolated rate GoC 5 Year - 1.95% CAN 2.00 09/01/23 [+0.03]   ‌ 10 Year - 2.02% CAN 2.0 06/01/28  [+0.04] GOC Bonds are for r...

By Mike Bjork
(American Pacific Mortgage)
Comments 1
http://DailyMarketReport.com: We have a few items on the Economic Calendar today. The Industrial Production rose 0.3% (in line with forecast) in December. Capacity Utilization rose from 78.6% to 78.7% in December. Meanwhile, Consumer dropped from 98.3 to 90.7, which is most likely due to sentimen...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
The Mortgage Bankers Association (MBA) reports that applications to purchase new homes declined for the second month in a row in December. The MBAs Builder Application Survey fell 6.1% from a year ago while applications declined by 13% compared to November. Joel Kan, MBA's Associate Vice Presiden...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“Investor Loans Making a Lot of Noise”    Hey Joe,  Honest to God, I thought you were crazy when you told me I could purchase an investment property without showing income to qualify or tax returns. It’s still hard to believe, but we closed in the 30 day time period you told me. I want you to kno...

By John Henry, Residential Architect, Custom Home Design
(John Henry Masterworks Design International, Inc.)
Comments 13
In a Washington Post article today, about predictions of the market for 2019, I read an interesting post, and wonder what AR members think:"I do remember being told it was a great time to buy because interest rates are low.  In the back of my mind, I thought:  the great time to buy is when intere...

By Mike Bjork
(American Pacific Mortgage)
Comments 0
http://MikesDailyMarketReport.com: Housing Starts and Building Reports data will be delayed due to the Gov't Shutdown. Today, we have the Weekly Jobless Claims, which came in at 213k. Today's number is important because it represents the "Sample" number for the BLS' Jobs Report for January, which...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed down 6 basis points today at 101.81 having closed 48 points above support offered by the 200 day moving average.  The conforming rate is at 4.50% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.50%.  Whether in New England, ...

By Rummy Dhanoa, Rummy Dhanoa Real Estate Experts
(Rummy Dhanoa Real Estate Experts )
Comments 0
It's safe to assume that the mortgage interest rate is on a downward path. But nothing is ever certain when it comes to the real estate industry as there are just too many driving factors that move the scale with its own individual weight. That's why we constantly rely on expert analysis and fore...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 7
As a direct lender we have minimal issues with closing loans during the shutdown. FHA, VA, Fannie, Freddie have all been seamless.  I have even had a situation where one of my underwriters was able to speak with the VA on a unique Power of attorney situation on a loan I have in process. Of course...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 0
Conventional 30 year Mortgage: 4.49%Credit score:740LTV:75%Loan Amount:$300kAPR: 4.647%FHA 30 year: 4.5% Credit Score:740LTV:96.5%loan amount:$300kAPR: 5.4%Conventional 15 year: 3.875%Credit score:740LTV:75%Loan Amount:$300kAPR: 4.15% Rates are Subject to ChangeCall me today if you are thinking o...

By Crystal Simmons, A present for the self.
Comments 2
Home mortgage loan application can be a time consuming to process and therefore, it is recommended to have a plan before you apply. You should be aware of the requirements in the application, the documents that need to be attached and ensure you can convince the bank that your loan application is...

By Mike Bjork
(American Pacific Mortgage)
Comments 3
http://MikesDailyMarketReport.com: Because of the Gov't Shutdown, we're not receiving a full report of Economic Data, such as Retail Sales, which would have been released today.  However, the Home Builder's Index shows it's confidence rising in January from 56 to 58.  Later today, the Fed Beige B...

By John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 1
Oh hi, Oregon      Just the other day Montana made it lucky #13 in how many states my team could do business in, and today, Oregon became the 14th state where we can do residential mortgage loans.         My team is thrilled to be able to bring our services to the Beaver State, and this one is a ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 3 basis points today at 101.88 having closed 54 points above support offered by the 200 day moving average.  The conforming rate is at 4.50% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.50%.  Whether in New England, ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Declining mortgage rates lifted home builder confidence in January while low unemployment, strong job growth should support housing demand in the coming months, reports the National Association of Home Builders (NAHB). The NAHB Housing Market Index rose two points this month from December to 58, ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
“Sorry Dean Martin, Embarrassing ”    Since some of the radio stations decided to pull "Baby it's Cold Outside" from its playlist because someone was offended, I feel that these other holiday songs must also be removed as they are offensive as well. 1. I Saw Mommy Kissing Santa Claus: subjecting ...

By Debra Leisek
( Bay Realty,Inc Homer Alaska)
Comments 8
Thank you to George Souto for the following information One of the issues created by the Government Shutdown, has been the inability to obtain Tax Transcripts from the IRS.  Without Tax Transcripts, several loans are not able to close, even if the borrower provides copies of their tax returns.  H...

By Robert Clapton
Comments 177
We have direct provider for BG/SBLC/LC from top AA rated banks in the world. HSBC London or HongKong ETC our leasing fee is 6+2 Genuine brokers and Borrower only. Please contact Mr Robert Clapton Contact: Email:  robert.clapton@rocketmail.com  Telephone: +44-777-650-6313