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 Mike Bjork
(Pinnacle Home Loan)
Comments 2
http://MikesDailyMarketReport.com: There are no data to report from the Economic Calendar today. Stocks are currently Mixed, as the DOW sits as the only index in Negative territory. Investors are looking ahead, as they search for fresh info on any news on the US/China Trade Negotiations, as the d...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
The housing sector continues to receive positive news and is being supported by strong employment along with low mortgage rates. Fannie Mae released its November Home Sentiment Index showing that it rose 2.7 points to 91.5, revising the decline from October and re-approached the survey high set i...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 13basis points today at 102.59 having closed 69 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,...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 2
“Twenty Properties with 20 Year Mortgages”    Hey Joe, I did it, I know you already know what I am going to say. I promised you I would let you know when the original mortgage you did for me 20 years ago was paid off. I got the paid note in the mail this morning. What a wonderful feeling. I look ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
And the survey says ... 266,000 new jobs created in November, crushing expectations of 182,000 as the strong labor market marches on. September and October payroll growth were revised higher by a total of 41,000 lifting the three-month job creation average to a solid 205,000. A 266,000 print alon...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Commercial Bond Yields CMB 5 Year - 1.92%* CANHOU 06/15/25 [-]   ‌ 10 Year - 2.00%* CANHOU 06/15/30 [-0.02]   * denotes interpolated rate GoC 5 Year - 1.62% CAN 1.50 09/01/24 [-0.01]   ‌ 10 Year - 1.60% CAN 2.25 06/01/29 [-0.02]   ‌ 15 Year - 1.69%* CAN 06/01/35 [-]   ‌ 20 Year - 1.71%* CAN 06/0...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage rates were unchanged in the latest survey due in part to mixed signals from various sectors of the economy. Freddie Mac says that data for manufacturing and service industries varied while construction spending fell modestly. The 30-year fixed-rate mortgage is at 3.68% with 0.5 in points...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 6 basis points today at 102.72 having closed 84 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 Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 3 basis points today at 102.59 having closed 72 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,...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“I Need a Favor”   I have a friend since college days, Nick XXXXXX.  Lately, we’ve been talking about the viability of me building a new home for him, that would involve the Reverse Mortgage.  Nick has a couple of very "personal issues” that he needs some sage advice on.  I was trying to explain ...

By Mike Bjork
(Pinnacle Home Loan)
Comments 0
http://MikesDailyMarketReport.com: NonFarm Payrolls surprised everybody with their HUGE number for November, which 266k jobs were created; along with positive revisions to the prior 2 months by 41k. Forecasts called for 180k, which we thought was a stretch, but this Positive News is welcomed! The...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 1
“Making on time Mortgage Payments a Must”   I know we wanted to refinance our FHA mortgage this fall and lower our rate and remove mortgage insurance. Unfortunately it may not be able to happen as we had a late payment on our mortgage and our credit scores took a hit. We had been making the payme...

By Randy Mitchelson,APR, First Impressions are made at First Click
(iPartnerMedia.com #goipm & Homeland Heroes Home Loans)
Comments 2
We would like to extend an invite from FAMP – Florida Association of Mortgage Professionals to our annual Toy Drive on Thursday December 5th at Crowne Plaza. If you bring an unwrapped gift or gifts or gift card – we will buy you a drink and feed you! All of the toys we collect are for the Veteran...

By Wayne L. Brown
(Franklin Advantage Inc.)
Comments 0
Each year mortgage limits are set affecting Fannie Mae and Freddie Mac Conforming and High Balance Loan amounts. These have been out about almost a week, and FHA just announced theirs yesterday. VA limits are set to come out next Tuesday, December 10th. For your convenience and reference, these n...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 2
Today in History! Dec. 4th, 1783, Gen. George Washington says farewell to his military officers.  Say farewell to your old mortgage business and go big! Go NATIONWIDE!  Are you a Branch Manager but feel you're not making enough or getting the support you were expecting? Are you an LO who knows yo...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
Today in History - Dec. 5, 1876, Daniel C. Stillson patents his Stillson Wrench. It's an improvement over his past "pipe" wrench with the addition of a simple spring. Does your mortgage business need an additional "spring"? Show us where you want to be and we'll give you the "spring" to get there...

By Richa Nayyar
(Coming service)
Comments 1
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
(Pinnacle Home Loan)
Comments 2
http://MikesDailyMarketReport.com: The Weekly Jobless Claims came in at 203k (a 7 month low) for last week. Of course, last week was a holiday shortened week for Thanksgiving, so take it with a grain of salt. Factory Orders rose by 0.3% in October (exceeding the 0.2% forecasts). Stocks started th...

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: 3.375% 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 Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
 The housing market continues to be supported by a strong labor market with prices up solidly year over year in October. CoreLogic reports that home prices nationwide, including distressed sales, rose 3.5% year over year in October from October 2018 and up 0.5% month over month from September to ...