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 Bill Kamboukos
(Strategic Mortgage)
Comments 1
When qualifying for a home loan, if you are a salaried or hourly employee, who receives pay stubs and W-2’s, the process is quite simple.  You provide your pay stubs to a lender, they quickly compute your monthly earnings, look at your monthly debts and tell you how much you can qualify for. Howe...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 2
Conventional 30 year Mortgage: 3.50%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.64%FHA 30 year: 3.5% Credit Score:740LTV:96.5%loan amount:$300kAPR: 4.5%Conventional 15 year: 3%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.3245% Rates are Subject to ChangeCall me today if you are thinking of r...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 6
Conventional 30 year Mortgage: 3.49%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.63%FHA 30 year: 3.5% Credit Score:740LTV:96.5%loan amount:$300kAPR: 4.4%Conventional 15 year: 3%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.3245% Rates are Subject to ChangeCall me today if you are thinking of r...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 10
Conventional 30 year Mortgage: 3.49%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.63%FHA 30 year: 3.5% Credit Score:740LTV:96.5%loan amount:$300kAPR: 4.4%Conventional 15 year: 3%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.3245% Rates are Subject to ChangeCall me today if you are thinking of r...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 2
Conventional 30 year Mortgage: 3.50%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.64%FHA 30 year: 3.375% Credit Score:740LTV:96.5%loan amount:$300kAPR: 4.375%Conventional 15 year: 3%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.3245% Rates are Subject to ChangeCall me today if you are thinking ...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 2
Commercial Bond Yields CMB 5 Year - 1.77% CANHOU 12/15/24 [-0.01]   ‌ 10 Year - 1.89% CANHOU 06/15/30 [-0.02]   * denotes interpolated rate GoC 5 Year - 1.48% CAN 1.50 09/01/24 [-0.02]   ‌ 10 Year - 1.48% CAN 2.25 06/01/29 [-0.02]   ‌ 15 Year - 1.59%* CAN 06/01/35 [-0.03]   ‌ 20 Year - 1.64%* CA...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“No Compromise Can Mean a Lost Sale”      We’re all done with the property we have under deposit. The seller will not repair anything that the home inspector indicated was wrong and needed to be repaired. Even worse, in a year or two we need to replace the roof, that’s probably another $10,000. W...

By Danny Papadopoulos, Offering Private & Second Mortgages in Toronto
(Homebase Mortgages)
Comments 1
Canadians are finding that it has become increasingly difficult to qualify for a mortgage lately, especially after several mortgage stress tests were implemented. In relation to this, a recent Equifax Canada survey revealed that a lot of Canadians are willing to commit fraud if it meant qualifyin...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
The consumer is alive and well and continues to drive the U.S. economy. October Retail Sales rose 0.3%, higher than the 0.2% gain expected boosted by auto sales and higher gasoline prices. Consumer spending making up nearly 70% of Gross Domestic Product. Retail Sales grew 2.9% year over year. Con...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed flat today at 102.59 having closed 88 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 3
http://MikesDailyMarketReport.com: Retail Sales Improved by 0.3% in October; and when you exclude Autos, then it only rose 0.1%. Import Prices rose 0.2% in October. Empire State Index, which measures the Manufacturing sector in NY region, dropped from 4.0 to 2.9 in November. Industrial Production...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
WE'RE GROWING AND WE'RE HIRING - AN U/W! PLEASE SHARE!We are in search of an Underwriter for our mortgage headquarters in Southlake, TX. The following qualifications are required.Minimum of 5 years Residential Mortgage Underwriting.College degree preferred but not required.Excellent understanding...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 19 basis points today at 102.59 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, ...

By Joe Resendiz, Jr. Research Analyst
(ValuePenguin)
Comments 0
While it is possible to get a mortgage when in debt, home shoppers should be aware of the impact it has on the mortgage process.  Prospective buyers are sometimes surprised to discover that their debt load could lead to a higher interest rate, lower loan amount or the need to come up with a large...

By Michelle Cherie CarrCrowe Just Call...408-252-8900, Family Helping Families Buy & Sell Homes 40+ Years
(Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty)
Comments 2
Hmm, it will be interesting to see if this prediction by the National Retail Federaton is correct. I wonder whether consumers will spend 4% more or about $1,047 this holiday season. I'm even more curious to see how these numbers will affect the real estate market: The Market Composite Index, a me...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
Not everyone loves (or likes) pickles. I didn't enjoy pickles until I was into my 30's and I know many who have never acquired a taste for pickles. If I had never tried pickles, I would have missed an enjoyable multi-purpose snack!Don't miss out on our enjoyable Loan Originator opportunities! Mul...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Wholesale inflation as defined by the Core Producer Price Index (PPI) for October came in at 1.5% year-over-year from 1.7% in September. The headline PPI fell to 1.1% annually from 1.4% in September, the smallest increase since October 2016. From September to October, PPI rose 0.4%, the most in s...

By Mike Bjork
(Pinnacle Home Loan)
Comments 0
http://MikesDailyMarketReport.com: Weekly Jobless Claims rose to a 5 month high last week, as 225k people filed for Unemployment. The Producer Price Index, which measures inflation on the Wholesale sector, rose higher than expected in October by 0.4%, which forecasts called for 0.3%. However, it'...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
Pensacola Florida 32514: HUD Suspends Change to Downpayment Assistance RuleThe effective date of a change announced in April – about documentation requirements for downpayment assistance on FHA loans – was suspended this week. Read more Call or Text Charles Stallions Now 850-476-4494 for any of y...

By Callie Thompson, Property Xchange Solutions
(Property Xchange Solutions)
Comments 2
Loan Modification Scam Update      In my previous blog, How To Avoid Loan Modification Scams, I went into great detail on important tips needed in order to guide you in your loan modification journey. Feel free to read that blog, which I have been told it has been extremely helpful.   In my updat...