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
HIGH RATIO fixed term best discounted rates & posted rates as of November 19, 2019 Terms                           Posted Rates              Preferred Rates 6 mos                          3.34%                          3.30%1 year                          3.59%                          2.69%2 yea...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 0
The VA announced that there will be a change to the VA Funding fee with all loans closing beginning 1/1/2020.First off- What is the VA funding fee? Effectively it is the VA's version of Mortgage insurance and it is the least expensive version of insurance available for borrowers today. For any ve...

By David Jackson, MBA, Financial lending analyst
(Olympus Labs)
Comments 2
Quitting a nicotine addiction is not easy, we know. It can be the hardest thing you have to do. Luckily, recent studies show that cannabis can help you kick a cigarette habit for good.  We are not suggesting here that you should replace your pack of stogies with a bag of joints. CBD oil is the no...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
PLEASE SHARE! We're searching for an in-house underwriter for our office in Southlake, TX. If you're located in the Dallas/Ft. Worth area and have the qualifications below, please send me a private message, or you can call or text me, at (248) 854-0625 or email me, at trent.dalrymple@texanabank.c...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
Make this your day in history with your mortgage business! Join us! We're looking for residential Loan Originators with the desire and experience to build a branch in their current location with no brick and mortar required. Texana Bank Mortgage is growing across the U.S., giving currently produc...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 0
On Friday, U.S. equity markets closed out a strong week with all three major indexes closing at new record highs.  The Dow closed up 222.9 points (0.80%), the S&P 500 closed up 23.83 (0.77%), and the Nasdaq closed 61.8 (0.73%) points higher.  Improving economic data and stronger than forecast qua...

By Mike Bjork
(Pinnacle Home Loan)
Comments 0
http://MikesDailyMarketReport.com: The Home Builders Index, which measures the confidence level of Home Builders, slid from 71 to 70 in November. Stocks are in Negative Territory, as pessimism grows on any US-China Trade Deal happening any time soon. MBS is currently Up 19bps and fighting to stay...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Single-family home builders reported a positive environment in November due in part to low mortgage rates and continued job growth here in the US. The National Association of Home Builders said its Housing Market Index fell one point to 70 this month from 71 in October. This time last year the nu...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 3 basis points today at 102.62 having closed 90 points above support offered by the 200 day moving average. The conforming rate is at 3.75% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.125%. Whether in New England, t...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 2
“Both Can Be on the Title and Only One on the Mortgage”     I spoke with you yesterday, what a breath of fresh air. Thank you so much for taking the time to help us!  I am still absolutely amazed by how reassuring and helpful you are!  It’s a completely different experience and we are thankful! I...

By Bill Kamboukos
(Strategic Mortgage)
Comments 1
When qualifying for a home loan, if you are a salaried or hourly employee, who receives pay stubs and W-2’s, the process is quite simple.  You provide your pay stubs to a lender, they quickly compute your monthly earnings, look at your monthly debts and tell you how much you can qualify for. Howe...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 2
Conventional 30 year Mortgage: 3.50%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.64%FHA 30 year: 3.5% Credit Score:740LTV:96.5%loan amount:$300kAPR: 4.5%Conventional 15 year: 3%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.3245% Rates are Subject to ChangeCall me today if you are thinking of r...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 2
Commercial Bond Yields CMB 5 Year - 1.77% CANHOU 12/15/24 [-0.01]   ‌ 10 Year - 1.89% CANHOU 06/15/30 [-0.02]   * denotes interpolated rate GoC 5 Year - 1.48% CAN 1.50 09/01/24 [-0.02]   ‌ 10 Year - 1.48% CAN 2.25 06/01/29 [-0.02]   ‌ 15 Year - 1.59%* CAN 06/01/35 [-0.03]   ‌ 20 Year - 1.64%* CA...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 2
Conventional 30 year Mortgage: 3.50%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.64%FHA 30 year: 3.375% Credit Score:740LTV:96.5%loan amount:$300kAPR: 4.375%Conventional 15 year: 3%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.3245% Rates are Subject to ChangeCall me today if you are thinking ...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 6
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%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.3245% Rates are Subject to ChangeCall me today if you are thinking of r...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 10
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%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.3245% Rates are Subject to ChangeCall me today if you are thinking of r...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“No Compromise Can Mean a Lost Sale”      We’re all done with the property we have under deposit. The seller will not repair anything that the home inspector indicated was wrong and needed to be repaired. Even worse, in a year or two we need to replace the roof, that’s probably another $10,000. W...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
The consumer is alive and well and continues to drive the U.S. economy. October Retail Sales rose 0.3%, higher than the 0.2% gain expected boosted by auto sales and higher gasoline prices. Consumer spending making up nearly 70% of Gross Domestic Product. Retail Sales grew 2.9% year over year. Con...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed flat today at 102.59 having closed 88 points above support offered by the 200 day moving average. The conforming rate is at 3.75% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.125%. Whether in New England, the Mid Atlant...

By Mike Bjork
(Pinnacle Home Loan)
Comments 3
http://MikesDailyMarketReport.com: Retail Sales Improved by 0.3% in October; and when you exclude Autos, then it only rose 0.1%. Import Prices rose 0.2% in October. Empire State Index, which measures the Manufacturing sector in NY region, dropped from 4.0 to 2.9 in November. Industrial Production...