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 Rodney Mason, AL, FL, GA, SC, & TN
(Angel Oak Home Loans)
Comments 0
 Buying a Lake Property on a Georgia Power Leasehold?  We have mortgage options for you!At Angel Oak Home Loans, we offer mortgage solutions for properties located on Georgia Power Leaseholds. Highlights include:          Loan amounts up to $3,000,000          80% Loan to Value on 2nd Homes      ...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
PLEASE SHARE! How would you like hundreds of mortgage options available to your borrowers and have the ability to originate those loans in ALL 50 states? No additional state licensing, no CE classes or fees! If you are currently a producing Mortgage Loan Originator, let's talk about expanding you...

By Paul S. Henderson, REALTOR®, CRS, Tacoma Washington Agent/Broker & Market Authority!
(RE/MAX Northwest.)
Comments 2
A good way to end the week…. On financials: The Federal Reserve announced they may not make any more hikes of the Fed Funds rate for the next year. The Fed Funds rate is the short term, 1-day overnight loans that banks make to each other. The Fed’s overall strategy is to slowly raise these rates ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“Settle Collection Accounts or Pay them in Full?”  Good morning Joe. I wanted to make sure that you received my packet. I began paying off debt. You used the term settle in your past email.  Does settling the debt have the same positive effect on my credit, verses paying each debt off completely?...

By Susan Mangigian, Chester & Delaware County Homes, Delaware and Ches
(RE/MAX Preferred, West Chester, PA, RS152252A)
Comments 4
It's the last Thursday in March!  We have made it through another long and dark winter.  We have made it through our biological clocks angst at DST.  Now that I don't have to drag children out of bed in the dark for a 7 AM bus to school, I look forward eagerly to the time change as I am not a mor...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Good news was reported this morning in the housing sector as the spring buying gets underway. Sales of new single-family houses rose nearly 5% in February from January recording the largest monthly gain in 11 months. The Census Bureau reports that New Home Sales came in at an annual rate of 667,0...

By Stephen Katz, Branch Manager, CMPS
(Katz Mortgage Team, a branch of VanDyk Mortgage Corporation)
Comments 1
What exciting news after you found a home to buy and have applied for a mortgage! But, before you begin the mortgage process, it’s important to keep your finances as similar as possible until the closing day. While you’re waiting to close, a few helpful tips may help the process go as smooth as p...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed down 6 basis points today at 102.84 having closed 142 points above support offered by the 200 day moving average.  The conforming rate is at 4.125% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.00%.  Whether in New England...

By Stephen Katz, Branch Manager, CMPS
(Katz Mortgage Team, a branch of VanDyk Mortgage Corporation)
Comments 0
What an exciting time to buy a house! You just turned 30, got a new job, and feel ready to take the next step of your life. However, you might be concerned that the new job that made buying your first home more affordable could risk your chance of getting a loan.Many first-time buyers are just ge...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: There's a bit of data to report today. We're still getting delayed data because of the Gov't Shutdown. We'll start with Personal Income, which rose only 0.2% in February (forecasts called for 0.3% increase). Consumer Spending rose only 0.1% in January (forecasts...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
Low inflation levels coupled with slowing global economic growth continued to push mortgage rates lower in the latest survey to lows seen in mid-January 2018. Freddie Mac reports that the 30-year fixed-rate mortgage fell 22 basis points to 4.06% with an average 0.50 in points and fees. It was the...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Commercial Bond Yields CMB 5 Year - 1.93%* CANHOU 06/15/24 [+0.09]   ‌ 10 Year - 2.15%* CANHOU 09/15/29 [+0.08] * denotes interpolated rate       GoC 5 Year - 1.54% CAN 2.50 06/01/24 [+0.11]   ‌ 10 Year - 1.63% CAN 2.0 06/01/28 [+0.09] GOC Bonds are for reference purposes only

By Peggy Wilson, Michigan Mortgage Pro
(Huron Valley Financial, Inc.)
Comments 0
Wonder why you even need an escrow account?  Most lenders require them if you put less than 20% down on your purchase. The real reason you have one is so that the lender can be sure your taxes and homeowner's insurance are paid.  The logic is that if you put at least 20% down, you will have enoug...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 1
Conventional 30 year Mortgage: 4.125%Credit score:740LTV:75%Loan Amount:$300kAPR: 4.507%FHA 30 year: 4.125% Credit Score:740LTV:96.5%loan amount:$300kAPR: 5.025%Conventional 15 year: 3.5%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.775% Rates are Subject to ChangeCall me today if you are thinki...

By Rodney Mason, AL, FL, GA, SC, & TN
(Angel Oak Home Loans)
Comments 0
With the hustle and bustle of everyday life it’s hard to find time for a task such as applying for a loan. The old days of filling out pages of paperwork are over! Introducing the MyHomeLoan Mortgage App. Now you have access to all the tools you need in one App anywhere, anytime. The App not only...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 3 basis points today at 102.88 having closed 157 points above support offered by the 200 day moving average.  The conforming rate is at 4.125% day. 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 1
Home borrowing and refinance costs continued to decline in the latest week due in part to fears of slowing global growth along with a low inflation environment. The Mortgage Bankers Association (MBA) reports that the 30-year fixed-rate mortgage fell ten basis points in the latest week to 4.45% wi...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: Weekly Jobless Claims dropped a little further last week, which only 211k applied for Unemployment. Last week, it was reported at 216k, and forecasts for today's report called for 222k. The final revision for the GDP for Q4 in 2018 was revised lower, from 2.6% t...

By Mike Bjork
(CMG Financial)
Comments 1
http://MikesDailyMarketReport.com: Nothing to report on the Economic Calendar today. Stocks are modestly Up this morning. Investors continue to monitor the Brexit news, as we approach the new deadline in about 2 weeks. Also, adding fuel is the dropping Yields, which the 3 month inverted on the 10...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
32514 Pensacola Florida News: Tax-deduction cap could turn expected refunds into billsTax reform reshuffled the deck, and some people used to refunds may be cutting checks to the IRS. Double-income couples with second homes may be vulnerable. Read more.   Call or Text Charles Stallions Now 850-47...