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 Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
Texana Bank is happy to announce our newest Residential Mortgage Loan Originator, Matthew Brown. Matt (aka Coach Brown) has been licensed in the Financial Services sector for over 25 yrs. He was one of the founders of an inner-city youth football program called the Lansing Cowboys, a 501 (C) 3 n...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
These stories show what makes our Branch Managers and Loan Originators some of the best in the business!  They care!  And they put extra work into helping their clients, their client's friends and family (and yours too!) and they can lend in ALL 50 states!  Here's our latest special Success Story...

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 Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed flat today at 102.62 having closed 89 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 2
http://MikesDailyMarketReport.com: Today's rather quiet, in terms of reports being released. Only the FOMC Minutes will be released later this morning. It may not have as much impact on the Market today, as Fed Chair Powell spoke before Congress last week. Meanwhile, Stocks are trading in Mixed T...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
The Mortgage Bankers Association (MBA) reports that the Market Composite Index, a measure of total mortgage loan application volume, fell 2.2% in the week ending November 15, 2019. The Refinance Index decreased by 8% while the Purchase Index rose 7%. The 30-year fixed-rate mortgage was essentiall...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
October Housing Starts rose 4% from September to an annual rate of 1.314 million units, above the 1.3 million expected while September was revised higher. Single-family starts rose for the fifth straight month. Building Permits, a sign of future construction, jumped 5% to an annual rate of 1.461 ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 6 basis points today at 102.69 having closed 94 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 Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
Texana Bank has been around for Five Score and Five Years. A "score" back in the 1800's was a widely used term meaning 20 years, much like the word "decade" meaning 10 years. Any way you say it, Texana Bank has been around a long time and we'll continue to be around for a long time. As our slogan...

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 Mike Bjork
(Pinnacle Home Loan)
Comments 2
http://MikesDailyMarketReport.com: Housing Starts improved in October, rising from 1.266 million annualized units in September to 1.314 million in October. The Building Permits (a good forward view of Housing Starts) increased to a 12 year high, which it went from 1.391 million annualized units i...

By David Jackson, MBA, Financial lending analyst
(Olympus Labs)
Comments 1
According to business owner veterans one of the most daunting tasks in getting started with a new business is the ever increasing and increasingly confusing number of choices a new entrepreneur has for possible financing. Which way to turn; who to go to first; and what groups should only be used ...

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 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 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 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 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 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 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...