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 Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE
(Liberty Homes)
Comments 17
The following link (and the table below) are the federal guidelines from Fannie Mae …set forth on March 29. 2016 regarding leased solar panels and the first paragraph is if the PV Panels are OWNED.  All sellers will face this same dilemma (if the solar company is not agreeing to these terms) when...

By Jason E. Gordon, Sr. Loan Officer, CMPS, CDLP, RCS-D, CDPE, CMHS
(AmeriFirst Financial Inc, San Diego, CA)
Comments 3
What is the difference between a Home Equity Line of Credit (HELOC) and a Home Equity Loan (HEL) and why does it matter? In short, both mortgage loan programs are designed to be Junior Liens (to go into 2nd Lien position behind a 1st mortgage). Home Equity Line of Credit (HELOC) - is a revolving ...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
On this day, Feb. 2nd, in 1892, William Painter, (pictured above) inspired by the increase in carbonated drinks, patented the bottle cap, then known as the "Crown cork" bottle cap in Baltimore, Maryland. And to remove his caps, he invented the bottle opener along with a machine for crowning bottl...

By Jason E. Gordon, Sr. Loan Officer, CMPS, CDLP, RCS-D, CDPE, CMHS
(AmeriFirst Financial Inc, San Diego, CA)
Comments 0
What is the difference between Loan-to-Value (LTV) and Combined Loan-to-Value (CLTV) and why does it matter?  To understand these terms and their relevance, I offer the following example related to a home purchase: Example: Purchase Price - $100,000 1st Mortgage - $80,000 2nd Mortgage - $10,000  ...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 3.19% Fixed 2 Year 3.74% 3.19% Fixed 3 Year 3.89% 3.49% Fixed 4 Year 3.94% 3.64% Fixed 5 Year 5.59% 3.49% Fixed 7 Year 5.80% 3.64% Fixed 10 Year 6.10% 3.89% Variable 2.95% Prime 3.95% Benchmark 5.34%

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Commercial Bond Yields CMB 5 Year - 2.23%* CANHOU 06/15/24 [+0.05]   ‌ 10 Year - 2.41% CANHOU 12/15/28 [+0.04]   10 Year - 2.44%* CANHOU 09/15/29 [+0.04] * denotes interpolated rate GoC 5 Year - 1.83% CAN 2.00 09/01/23 [+0.04]   ‌ 10 Year - 1.92% CAN 2.0 06/01/28  [+0.04] GOC Bonds are for refer...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
On this day, February 1st in 1900, the Eastman Kodak Co. introduced the $1 Brownie box camera for children. George Eastman (pictured above) dropped out of school at 14 years old to work as an office boy at an insurance company. After studying accounting in the evenings at home he landed a job as ...

By Lisa Davies
(Online Buzz)
Comments 0
The lift has a wide scope of employments and capacities. The most widely recognized sorts are the business lifts used to transport individuals or exclusively used to move products and cargo. The business lift can shift in connection to the building size, plan and structure. Certain structures are...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 2
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 3.19% Fixed 2 Year 3.74% 3.19% Fixed 3 Year 3.89% 3.49% Fixed 4 Year 3.94% 3.64% Fixed 5 Year 5.59% 3.49% Fixed 7 Year 5.80% 3.64% Fixed 10 Year 6.10% 3.89% Variable Rate 2.95% Prime Rate 3.95% Benchmark Rate 5.34% Cost per ...

By uktam mambetov, We are authorized Financial consulting firm that
(FINANCIAL SERVICE )
Comments 4
Dear, Partner/Associate.   I am a mandate to a Finance and Investment Company who is a premier provider of trade finance and project finance instruments as well as discountable bank instruments. We offer Genuine Bank Guarantees, Standby Letter of Credit, Pre Advice / RWA Messages, Documentary Let...

By Roy Kelley
(Realty Group Referrals)
Comments 11
Getting a home loan these days is a very interactive process.    Please visit the original blog if you wish to leave comments. You have done the hard part in the house buying process and chosen a lender and a real estate agent to work with.  You have also gone out and found the home of your dream...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
On this day in 1893, the trademark "Coca-Cola" was registered in the United States Patent Office.   John Stith Pemberton (pictured above) originally developed “Pemberton’s French Wine Coca” in 1866 as a painkiller made from coca wines and extracts of kola nuts. After changing the recipe and accid...

By Ron Saporito, Palm Desert, CA Real Estate & Mortgage Broker Since 2003, Call (760)574-8486. www.JustListedinPalmDesert.com
(Ronald Christopher & Associates. Proudly serving Palm Desert, La Quinta, Indio, Coachella, Rancho Mirage, Palm Springs.)
Comments 2
Are 0% Down Mortgage Options Available?There are multiple mortgage programs that offer homebuyers the opportunity to purchase a home with 0% down. Not only do USDA programs offer this but so do VA, CalHFA, & Chenoa programs. A brief explanation of these programs follows:USDAThe USDA Guaranteed Lo...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
  “Time to get Serious about Buying a Home”   Hope all is well with you Joe and best wishes for the new year. I’m sure you remember, but you did our mortgage three years ago. At the time we did an FHA 203K loan which greatly improved the value of our home and since that time we have made addition...

By Mike Bjork
(CMG Financial)
Comments 1
http://MikesDailyMarketReport.com: We have a few important data releases being delayed due to the recent Gov't Shutdown (like PCE, Fed's favorite gauge for Inflation), but we do have some other important data to report from the Economic Calendar. We'll start off with the Initial Jobless Claims, w...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: A lot to go over today on the Economic Calendar, as we have a few reports added, due to the Gov't Shutdown. The biggie today, is the Nonfarm Payroll for the month of January, which jumped to 304k, but the previous 2 months combined were revised lower by 70k; whi...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
On today's date, back in 1933, the Lone Ranger radio series made it's debut on Detroit's radio station WXYZ. There would be 3 actors who played the title role on radio, but most well known was Brace Beemer (pictured above) from April of 1941 until the final live broadcast on Sept. 3, 1954. Tonto,...

By Tamra Lee Ulmer, FORCE~NRBA ~ Over 1000 REO Assets SOLD!
(Arizona Resource Realty)
Comments 0
Everyone wants the best mortgage rate- it is exactly for a good reason. Saving some money in getting the lowest mortgage rate is undeniably great. Well, it definitely takes a lot of effort and but it is totally worth it. Put in mind that the mortgage industry considers all the important factors i...

By Joyce Thomas, Your Home Sold Guaranteed!
(The Thomas Group Brokered by eXp Realty)
Comments 2
If you want your money to work for you, there are two main ways to achieve this goal: saving and investing. Knowing which option to choose is critical if you want your money to work the hardest.Here are some ways to prioritize the two: Start With SavingsPutting money into a savings account of som...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 22 basis points today at 102.16 having closed 86 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, ...