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 1
The NFIB Small Business Optimism Index rose in March from February to 101.8, 'a historically strong level and an indication that small businesses continue to power the economy after being briefly shaken by January's government shutdown,' reports the NFIB. "Small business owners continue to create...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Higher gas prices along with rising rental prices pushed consumer prices higher in March. The March Consumer Price Index (CPI) rose 0.4% from the 0.2% gain in February, matching estimates. It was the largest increase since January 2018. The Core CPI rose 0.1%, below the 0.2% expected. Year-over-y...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: Consumer Priced Index, an inflationary gauge for the consumer, rose 0.4% in March, which it's YoY rose from 1.5% to 1.9%; however, when you remove the food & energy (variables that cannot be controlled), you will receive the Core CPI, which only rose 0.1% in Mar...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
We're proud to announce Chris Saroki has opened our newest branch in Bingham Farms, Michigan. With over 15 years of experience, Chris also has a degree in finance along with additional training and certifications that allow him to be a successful Branch Manager. He has the knowledge and experienc...

By Ron Trzcinski, 410-935-5844
(Century 21, The Real Estate Centre, 410-665-0200 Office)
Comments 2
Basic Introduction to Mortgage Loan Approval Approval from a lender to receive a loan actually has two parts to the approval, one is the approval of the borrower, and two is the approval of the property. Approval of the property is achieved by getting an appraisal of the property and by getting i...

By Peter Hoang, Peter Hoang - founder at RENTAPARTMENT agency
(RENTAPARTMENT)
Comments 0
Financial leverage - a term that is probably too familiar with long-term real estate investors, but to successfully apply this leverage method to "money-generating money" is not easy.How to use financial leverage in real estate investment?The current reality shows that many real estate investors ...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 1
Lock Watch for the Week of 4/8/2019 Volatility-O-Meter:Inflation readings and auctions should backdrop an interesting week. Economicalendar (all times are Pacific):Mon, 4/8:    Factory Orders (7am).Tues, 4/9:     JOLTS (7am), 3-Yr Note Auction (10am).Weds, 4/10:     CPI (5:30am), 10-Yr Note Aucti...

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 April 9, 2019 Terms                          Posted Rates              Our Rates6 mos                          3.34%                          3.30%1 year                          3.59%                          3.19%2 year           ...

By Phil Stevenson, CRMP, "Mortgage Nerd" in Miami, Florida and Texas
(PS Mortgage Lending 305-791-4874 or 888-845-6630)
Comments 2
I want to talk a little bit about the positive and negative sides of a VA Mortgage Loan. So, I’ve talked about the main benefits a VA Mortgage can provide for you and your family, how you get the best financing available in the market today.  The VA Home Loan is one of the few mortgages that requ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 6 basis points today at 102.56 having closed 111 points above support offered by the 200 day moving average. The conforming rate is at 4.25% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.125%. Whether in New England, ...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: The NFIB Small Business, which gauges the Small Business' Confidence, increased 0.1 in it's index, going from 101.7 to 101.8 in March. Job Openings shrank in February, as they went from 7.6 million in January to 7.1 million. Stocks are in Negative Territory, as ...

By Dan Papadapoulis, Home equity loans, second mortgages Toronto
(Mortgage Central Nationwide)
Comments 2
Qualifying for a mortgage these days is seriously a lot of hard work. Banks are stricter than ever, government regulations are tightening up, and interest rates are rising too; meaning, it will even be more challenging to qualify for a mortgage from a bank more so for people who don’t have an imp...

By Bill Kamboukos
(Strategic Mortgage)
Comments 43
The conventional home loan limits for Fannie Mae and Freddie Mac backed conventional mortgages has been increased from $424,100 in 2017, to $453,100 for all new conventional home loans in 2018.            That also means that for VA loans, the base loan limit is now also $453,100 to qualify for a...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“Buying Multifamily Properties”    Hi Joe!Hope all is well! I have a question about possibly making a large real estate purchase. I am incredibly frustrated with my job, which I’m attributing to a blessing in disguise, because it’s pushing me to get the lead out and focus on real estate more! I’v...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 3 basis points today at 102.75 having closed 130 points above support offered by the 200 day moving average. The conforming rate is at 4.25% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.125%. Whether in New England, th...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 2
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 3.19% Fixed 2 Year 3.74% 3.19% Fixed 3 Year 3.89% 3.19% Fixed 4 Year 3.94% 3.29% Fixed 5 Year 5.59% 3.19% Fixed 7 Year 5.80% 3.49% Fixed 10 Year 6.10% 3.54% Variable Rate 2.95% Prime Rate 3.95% Benchmark Rate 5.34% Cost per ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Fannie Mae reports that its key housing index surged in March just in time for the spring homebuying season. Declining mortgage rates as well as a drop in prices were two reasons behind the increase. The Fannie Mae Home Purchase Sentiment Index jumped 5.5 points in March to 89.8, the highest leve...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: The only item on the Economic Calendar is Factory Orders, which dropped 0.5% in February. Data show Manufacturing still strong, but they're becoming more cautious. Stocks are down today after a nice ride upwards last week. There is a Brexit deadline this week (t...

By Khash Saghafi NMLS, Mortgage Loan Officer, Cleveland OH NMLS 1114762
(Liberty Home Mortgage Corporation)
Comments 5
Safety I received a call from a listing agent the other day wondering why on a conventional loan, a GFCI outlet would be required by the appraiser to be replaced. She made a huge point to remind me that this was a conventional loan and not an FHA loan.   An outlet issue is a SAFETY issue and NOT ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 13
“No Such Thing as a Free Meal”    A hobo comes up to the front door of a neat looking farmhouse and raps gently on the door. When the farm owner answers, the hobo asks him, "Please, sir, could you give me something to eat? I haven't had a good meal in several days."  The owner says, "I have made ...