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 Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage application activity surged in the latest week as mortgage rates fell again and remain at multi-year lows. The Mortgage Bankers Association reports that the Market Composite Index, a measure of total mortgage loan application volume, rose 22% in the latest week. The Refinance Index soare...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 5
Is This Mortgage Proposal Good for Me?”    Mr. Petrowsky,Your name was given to me by Peter XXXXXXXXX, I happened to be telling him about my interest in refinancing. He recommended I call you to find out if the deal that Quicken offered me is good for me, they hold my current mortgage. They offer...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 4
Fixed term best discounted rates & posted rates as of Sept 6, 2017 6 mos                                 3.10%         3.14%1yr                                     2.44%          3.04%2yr                                     2.54%          2.84%3yr                                     2.69%        ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) were up 19 basis points today at 103.88 having come to rest 129 points above support offered by the 200 day moving average. The 30 year conforming was available at 3.75% today.  The 30 year jumbo was at 4.00%.  Whether in New England, the Mid Atlantic or the Midwe...

By Leo Namiot, Outstanding Service & Great Rates
(Canopy Mortgage)
Comments 0
Is now a good time to refinance my mortgage?Florida Mortgage Refinance With interest rates at or near record lows, it is at least worth considering refinancing to make use of the current low rates.While rates are currently very low, Refinancing is not the best option for everyone, though now is a...

By Nick Marr, Promoting real estate internationally
(TRINIDIGITAL )
Comments 0
One area of opportunity in your portfolio is buying second mortgage notes. Second mortgage notes, sometimes referred to as junior liens is a lesser-known area of investing. However, they can be extremely profitable if they are purchased correctly and from the right sources.What is a Second Mortga...

By Phil Stevenson, CRMP, "Mortgage Nerd" in Miami, Florida and Texas
(PS Mortgage Lending 305-791-4874 or 888-845-6630)
Comments 1
Let’s talk about adjustable rate mortgages. Everybody's afraid of them. Well, I understand why... because nearly 10 years ago, during the real estate boom, people were doing adjustable rate mortgages, they were getting into a mortgage with a 1% rate to start, and then all of a sudden, it became 6...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed down 18 basis points today at 102.44 having closed 198 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 4.00%. Whether in New England...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
There are no economic reports due for release today, but the rest of the week the markets will receive data from CPI, housing, manufacturing, retail sales and consumer sentiment. Earnings season will be coming to an end with 90% of the S&P 500 companies having reported their numbers. Of those com...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
From the positive news department, the NFIB Small Business Optimism Index rose to 104.7 in July, just below all-time highs as expectations for business conditions, real sales, and expansion made solid gains. "While many are talking about a slowing economy and possible signs of a recession, the 3r...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: The NFIB Small Business Index, which measures the confidence for Small Businesses, rose from 103.3 in June to 104.7 in July. The Consumer Price Index (CPI) rose 0.3% MoM in July, and 1.6% to 1.8% YoY. However, if you remove the food and energy components (which ...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 2.69% Fixed 2 Year 3.74% 2.69% Fixed 3 Year 3.89% 2.69% Fixed 4 Year 3.94% 2.69% Fixed 5 Year 5.19% 2.64% Fixed 7 Year 5.80% 2.99% Fixed 10 Year 6.10% 3.04% Variable Rate 2.90% Prime Rate 3.95% Benchmark Rate 5.19% Cost per ...

By Jeffrey Rosenthal, CFP, EA, CDFA, Our mission is solutions. Your Tax Matters Matter
(First Call Tax Advocates Corp)
Comments 1
Not all retirement plans are the same. In a Tax Court Case This week  Lily Hilda Soltani-Amadi and Bahman Justin Amadi v. Commissioner, T.C. Summary Opinion 2019-19 (Aug. 8, 2019) just some of the differences were made clear on an early withdrawal for the down payment of the purchase of a new hom...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 0
 Below is the Economic calendar for the week.  From what I see - I would put the most weight on CPI and Retail sales this week.  Not on the calendar and an ongoing issue are world events and the ongoing trade war with China. These are the wild cards not on the Calendar that may have a significant...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 6 basis points today at 102.62 having closed 218 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 4.00%. Whether in New England, t...

By Jeffrey Rosenthal, CFP, EA, CDFA, Our mission is solutions. Your Tax Matters Matter
(First Call Tax Advocates Corp)
Comments 1
https://www.forbes.com/sites/kellyphillipserb/2019/08/06/irs-introduces-new-tax-withholding-estimator-to-help-taxpayers-avoid-surprises-in-2020/?fbclid=IwAR1aOeGJepDhwqDgIfoPmOGNKHKSPEGgiNyTX1VTU5cHPa8cZX6v3RjkqZw#69eed83d7286 

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: Nothing to report on the Economic Calendar today. Stocks are mostly following the news on US/China trade negotiations and Hong Kong. The Yuan is getting weaker against the US Dollar, which the US has accused China of being a currency manipulator. Also, tensions ...

By Phil Stevenson, CRMP, "Mortgage Nerd" in Miami, Florida and Texas
(PS Mortgage Lending 305-791-4874 or 888-845-6630)
Comments 0
For the past couple of years, we’ve been seeing a drastic decline on mortgage first-time buyers. The millennial generation has been received in the midst of a different financial weather, where securing an income and buying your first house became mutually exclusive. New, younger buyers who depen...

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% 2.69% Fixed 2 Year 3.74% 2.69% Fixed 3 Year 3.89% 2.69% Fixed 4 Year 3.94% 2.69% Fixed 5 Year 5.19% 2.64% Fixed 7 Year 5.80% 2.99% Fixed 10 Year 6.10% 3.04% Variable 2.90% Prime 3.95% Benchmark 5.19% Rates may vary provin...

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...