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 Stella Barbour, Principal Broker, Serving Virginia and Maryland
(NoVa Brokers LLC)
Comments 1
I was just speaking to a friend of mine who just had her mortgage loan switched from Wells Fargo Home Morgage to Specialized Loan Servicing.  Her loan was one that wasn't supposed to be sold and after all of the years gone by they sold it.  She looked up the reviews and there are so many recent c...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“Can’t get over how Smoothly this Process is going”    Hi Joe, I just wanted to touch base with you and make sure I'm not missing anything/anyone.  I am working with your processor on all the paperwork and the attorney your referred for the closing.  I am getting insurance through the insurance a...

By Leo Namiot, Great Low Mortgage Rates...Check Them NOW
(Canopy Mortgage)
Comments 0
USDA Loan 100% no down payment mortgage in FloridaNo Down Payment - No Money Down Home LoanA USDA Home Loan allows you to finance 100% of the home's value. USDA loans are insured by the United States Department of Agriculture.The USDA Rural Development Guaranteed Housing Loan is intended to serve...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: We have the Services Industries on today's Economic Calendar with 2 indices. We'll start off with the Markit Services PMI, which remained at 54.2 in January; whereas, the ISM Non-Manufacturing Index dropped from 58% to 56.7%. The Stock Market is Up on light trad...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 6 basis points today at 102.06 having closed 76 points above support offered by the 200 day moving average.  The conforming rate is at 4.625% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.50%.  Whether in New England, t...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
CoreLogic reports that home prices, including distressed sales, rose 4.7% from December 2017 to December 2018. It was the slowest year-over-year growth since August 2012 as price gains fall back down to more normal levels. Looking ahead, CoreLogic is forecasting a 4.6% gain in prices from Decembe...

By Fred Griffin presently on Leave of Absence, Licensed Florida Real Estate Broker
(Fred Griffin Real Estate)
Comments 10
     Wow!  Attorney (and Licensed Real Estate Broker) Steve Vondran gives an amazing discussion regarding, "What happens when a Borrower rescinds their mortgage loan under Federal Truth in Lending Act ('TILA')?"        Lawyer Steve makes the case that:      "When someone rescinds or cancels their...

By Joyce Thomas, Your Home Sold Guaranteed!
(The Thomas Group Brokered by eXp Realty)
Comments 1
While some couples opt to keep things separate, sharing a credit card can help when it comes to streamlining household money management. But it isn’t always easy. Whether you add someone to your credit card as an authorized user or open a joint account, problems can pop up if you’re not careful. ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 15 basis points today at 102.31 having closed 100 points above support offered by the 200 day moving average.  The conforming rate is at 4.625% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.50%.  Whether in New England,...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 3 basis points today at 102.00 having closed 70 points above support offered by the 200 day moving average.  The conforming rate is at 4.625% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.50%.  Whether in New England,...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
 The Bureau of Labor Statistics reported that 304,000 jobs were created in January as the labor market continues to remain on very solid ground. However, there was a large 70,000 downward revision for November and December. But even with that, the three-month job creation average is at a strong 2...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 2
On this day, Feb. 3rd, back in 1690, the first paper money (pictured below) was issued in America by the Massachusetts Bay Colony as "bills of credit" to pay for their military expedition, making it the first in the Western world. You'll notice the top wavy edge of the bill. This was hand cut wit...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 35 basis points today at 102.03 having closed 73 points above support offered by the 200 day moving average.  The conforming rate is at 4.625% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.50%.  Whether in New England...

By Dan Papadapoulis, Home equity loans, second mortgages Toronto
(Mortgage Central Nationwide)
Comments 0
Debt consolidation is one of the best financial solutions for people who have a lot of debt and have issues with debt payment. It is a means to manage paying debt and saving some money on interest. There is no doubt that converting several small loans from different creditors into a single loan i...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
U.S. home sellers across the country put more money in their pockets when they sold their homes in 2018 with the big gains seen along coasts. The ATTOM Data Solutions 2018 U.S. Home Sales Report, home sellers in 2018 realized an average home price gain since purchase of $61,000, up from $50,000 l...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
The partial government shutdown ended last Friday so the delay of sales of newly built homes for November was reported today with a big number. November New Homes Sales jumped 17% from October to an annual rate of 657,000 units, well above the 555,000 expected. However, sales were down 7.7% from ...

By Danny Papadopoulos, Offering Private & Second Mortgages in Toronto
(Homebase Mortgages)
Comments 0
With a home being the most expensive purchase that most people will make in their lifetime, Canadians are surprisingly not as concerned with finding a good deal for their mortgage loans as the rest of the 10 countries surveyed by HSBC. HSBC’s data showed that Canadians are the least concerned amo...

By Danny Papadopoulos, Offering Private & Second Mortgages in Toronto
(Homebase Mortgages)
Comments 0
Reports show that there is an increasing number of homeowners who are borrowing from private lenders in the Greater Toronto Area but are they doing the right thing? Is it safe to borrow from private mortgage lenders?Why People Are Turning to Private Mortgage LendersWith banks and large financial ...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: It's a light week, this week on the Economic Calendar. Today is Factory Orders for November, which was due in December, but was delayed due to the Gov't Shutdown. It dropped 0.6% in November, which was faster than forecasts of -0.2%. Stocks are trading in Mixed ...

By Dan Papadapoulis, Home equity loans, second mortgages Toronto
(Mortgage Central Nationwide)
Comments 0
You may be thinking that getting a private mortgage for a new home is not within the realm of possibility if you’ve had financial troubles in the past. Having bad credit is often perceived as a huge deterrent when trying to get mortgage approval of any kind. However, with the right approach, gett...