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 Mike Bjork
(CMG Financial)
Comments 1
http://MikesDailyMarketReport.com: The Weekly Jobless Reports continue to drop, as they go from 212k people applying for Unemployment Benefits the prior week to 202k applying for the Benefits last week. Tomorrow is the Jobs Report by the Bureau of Labor Statistics (BLS). Stocks are Mixed this mor...

By Carol Williams, Retired Agent / Broker / Property Manager
(Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals.)
Comments 29
"An investment in knowledge pays the best interest." -Benjamin Franklin Yesterday, I had the opportunity to sit down with Janice Brown from the Wenatchee office of American Pacific Mortgage.  The subject was Reverse Mortgages.  Reverse mortgages are one of those loan products that has been much m...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 0
Conventional 30 year Mortgage: 4.25%Credit score:740LTV:75%Loan Amount:$300kAPR: 4.3827%FHA 30 year: 4.125% Credit Score:740LTV:96.5%loan amount:$300kAPR: 4.90%Conventional 15 year: 3.625%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.9% Rates are Subject to ChangeCall me today if you are thinkin...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
Here's your BIG opportunity to Lend NATIONWIDE! We're hiring producing Residential Mortgage Loan Originators. LEND NATIONWIDE with no additional state licensing requirements! Here's what you get: • Support systems all under one roof (in-house file coordinators, processors and underwriters) • Dele...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed up 9 basis points today at 102.66 having closed 123 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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
“You are Free to Choose Your Mortgage Broker”   Joe, Hard to believe that in this day and age I got crap from my office manager for not using the loan officer that has a desk in our office. I have used him before, but it was a waste of my time and my clients were not happy. I have told my manager...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
CoreLogic reports that home prices, including distressed sales, rose 4% from February 2018 to February 2019 as gains begin to cool to more normal levels after the 4.4% increase year-over-year seen last month in January. In early 2018, gains were seen in the 7% range. Month-over-month, prices rose...

By Mike Bjork
(CMG Financial)
Comments 2
http://MikesDailyMarketReport.com: Today marks the first of 3 Job data this week, which we start with the ADP Employment Report. It reported that there were 129k new jobs in the private sector. Tomorrow will be the Weekly Jobless Claims, then Friday, will be the BLS' Jobs Report. The Services Ind...

By Bruce Reichstein, Chief Partnership Officer /FHA Home Purchase Leads
(Real -Time Dashboard FHA Mortgage Leads / FHANewsblog.com Managing Editor)
Comments 4
A reader asked a question recently about high voltage transmission lines and the FHA loan rules that address them in relation to the property to be purchased with an FHA mortgage."I am looking to find info regarding High Voltage Transmission Lines. I know that in 4150.2 that it clearly states tha...

By Danny Papadopoulos, Offering Private & Second Mortgages in Toronto
(Homebase Mortgages)
Comments 1
Thinking about getting a second mortgage loan can be overwhelming, more so when you don’t know where to start in order to apply for a second mortgage. Perhaps you’re wondering whether you’ll qualify or not, maybe you’re not sure whether applying for a second mortgage would be a smart decision for...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 5
“Getting a Home Inspection Before Listing Your Home”   Once again, I appreciate your advice. I had a home inspection done a couple of weeks ago and was a bit surprised that there were a number of issues that I needed to have fixed. All the repairs were completed, my Realtor was impressed that I w...

By Peter Mohylsky, SoWal Is HOME., Let me help you find your path to the beach.
(Gulf Place @ 30A)
Comments 5
This is a great idea and saves time later in this process. “Getting a Home Inspection Before Listing Your Home”       Once again, I appreciate your advice. I had a home inspection done a couple of weeks ago and was a bit surprised that there were a number of issues that I needed to have fixed. Al...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: It's a fairly quiet day today, after Stocks held a pretty good rally yesterday. Durable Goods Orders is the only item on the Economic Calendar today. January's numbers were revised from being up 0.3% to being up 0.1%. It dropped 1.6% in February, as forecasts sh...

By Joe Resendiz, Jr. Research Analyst
(ValuePenguin)
Comments 0
 Deciding to move to New Jersey from a neighboring state is a big decision for homeowners. For some, moving is an exciting journey; for others, it can be stressful. From deciding whether to hire a moving company, footing the costs of the move and choosing a neighborhood that meets your expectatio...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 0
 We are just two weeks until we have to file either an extension or our actual tax return.  If you are currently applying for a mortgage, and your tax return was needed to calculate your income you will need the following if you are closing after April 15th:  Copy of the actual 2018 1040 form – O...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 28 basis points today at 102.53 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 Englan...

By Mike Bjork
(CMG Financial)
Comments 1
http://MikesDailyMarketReport.com: Jobs data will be the big news this week, but today, we have: Retail Sales, which declined by 0.2% in February; and declined by 0.4% without Autos. Manufacturing is a bit Mixed today, as the Markit Manufacturing PMI dropped from 53 to 52.4 in March; while ISM Ma...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 7
 “Information and Advice can be Dangerous”    Hi Joe I Have a friend who is selling her home and at the same time buying... If she consolidates some bills through her credit union will that be a bad thing when searching for a mortgage? She will be paying Dr bills, City tax and one credit card  Wh...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 8
“Happy Anniversary for Sure!”     During their silver anniversary, a wife reminded her husband: Do you remember when you proposed to me, I was so overwhelmed that I didn't talk for an hour?" The hubby replied: "Yes, honey, that was the happiest hour of my life." 

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 March 30, 2019 Terms                           Posted Rates              Preferred Rates6 mos                          3.34%                          3.30%1 year                          3.59%                          3.19%2 year   ...