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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 9
“The Kid Should be Teaching the Class”  A teacher wanted to teach her students about self-esteem, so she asked anyone who thought they were stupid to stand up. One kid stood up and the teacher was surprised. She didn’t think anyone would stand up so she asked him, “Why did you stand up?” He answe...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 16 basis points today at 102.56 having closed 215 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 0
Fannie Mae reports that due to improving job and mortgage rate expectations, its housing sentiment survey hit a fresh high in July. The Home Purchase Sentiment Index rose 2.2 points in July to 93.7, a new survey high. Five of the six components increased in July with a big jump in the "Confidence...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: The Producer Price Index rose 0.2% in July; however, it's YoY remained at 1.7%. The Core PPI dropped 0.1% in July, and it's YoY dropped from 2.3% to 2.1%. The Producer Price Index provides us insight to possible inflation to the Consumer, as it's inflationary da...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“Licensed in CT, MA, RI, ME, VT, NH, NY and FL, Unfortunately not SC”       Hi Mr. Petrowsky,Paola XXXXXXXXX gave me your contact info, she told me that you just handled financing for two investment properties and indicated that you might be able to help me get financing for a property I’m intere...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Commercial Bond Yields CMB 5 Year - 1.55%* CANHOU 12/15/24 [-0.04]   ‌ 10 Year - 1.62% CANHOU 09/15/29 [-0.03]   * denotes interpolated rate GoC 5 Year - 1.18% CAN 1.50 09/01/24 [-0.04]   ‌ 10 Year - 1.20% CAN 2.25 06/01/29 [-0.03] GOC Bonds are for reference purposes only Floating rate insured ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Continued uncertainty surrounding the US/China trade and currency issues sent bond prices higher late last week and early this week which pushed mortgage rates to lows seen in November 2016. Freddie Mac reports that the 30-year fixed-rate mortgage fell to 3.60% early this week from 3.75% last wee...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed flat today at 102.66 having closed 228 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, the Mid Atlant...

By Mike Bjork
(CMG Financial)
Comments 1
http://MikesDailyMarketReport.com: Weekly Jobless Claims dropped from 217k the prior week to 209k last week. The Job Market still shows some strength. Wholesale Inventories had 0.0% growth from May to June. Stocks rebounded late yesterday and continued this trend this morning. China repositioned ...

By Morgan Taylor, Realtyna- MLS RETS Integration software & services
(Realtyna)
Comments 0
Discounted cash flow valuation is widely used by investors when it comes to decision-making. This is not exclusive to the real estate industry, but rather, this method is intensively applied to myriads of financial dilemmas. In fact it’s the nuts and bolts of finance we’re talking about!The real ...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 1
32514 Pensacola Florida News: Long-Term Mortgage Rates Fall – 30-Year at 3.73% The average FRM fell this week – the seventh decline in the past nine weeks for 30-year loans – and hit its lowest level since November 2016. Read more Call or Text Charles Stallions Now 850-476-4494 for any of you rea...

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 August 8, 2019 Terms                           Posted Rates                 Our Rates6 mos                          3.34%                          3.30%1 year                          3.59%                          3.04%2 year      ...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 0
Conventional 30 year Mortgage: 3.25%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.39%FHA 30 year: 3.25% Credit Score:740LTV:96.5%loan amount:$300kAPR: 4.15%Conventional 15 year: 3.0%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.245% Rates are Subject to ChangeCall me today if you are thinking o...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
32514 Pensacola Florida News: Unease Over Fannie, Freddie Changes Nudges Mortgage Rates Experts worry that changing Fannie and Freddie’s government-owned status could harm mortgage rates, but concern over the unknown may be affecting them already. Read more Call or Text Charles Stallions Now 850-...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: There's no economic data to report from the calendar today. Global Yields are dropping like hotcakes! Germany reports terrible economic data and reach historic lows with their Yields (-0.59%). Central Banks from New Zealand, India and Thailand cut rates to keep ...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 17
A common concern I experience with young families who are planning on purchasing a home, is will they still qualify for a mortgage if the wife becomes pregnant.   Lending Guidelines are very clear on Qualifying For A Mortgage During Pregnancy & Maternity Leave?  Lending Guidelines DO NOT allow fo...

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% 3.04% Fixed 2 Year 3.74% 2.89% Fixed 3 Year 3.89% 2.79% Fixed 4 Year 3.94% 2.94% Fixed 5 Year 5.19% 2.74% 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 Kurt Davidson, Real estate agent serving Greater Portland, OR
(Davidson Home Group | Keller Williams Portland Central)
Comments 0
ShutterstockMany of the questions currently surrounding the real estate industry focus on home prices and where they are heading. The most recent Home Price Expectation Survey (HPES) helps target these projected answers.Here are the results from the Q2 2019 Survey: Home values will appreciate by ...

By Russ Msrtin, Residential Mortgage Advisor
(Perl Mortgage)
Comments 11
Those of us who live and die mortgages on a daily basis often times have to go get a strong drink and just laugh.  One of the favorite topics among loan originators at the water cooler is dumb ass underwriting conditions.  Basically, conditions that need to be satisfied on a loan approval that ar...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
CoreLogic reports that home prices, including distressed sales, rose 3.4% from June 2018 to June 2019, down from 3.6% in May as home price gains have cooled off a bit. Looking ahead, CoreLogic is forecasting a 5.2% increase in prices from June 2019 to June 2020. "With incomes up and current mortg...