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 Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
 The Fed changed its tone today taking a sharp turn toward dovish policy.  The labor market continues to produce strong numbers while the U.S. economy remains on solid ground. ADP reports that private employment grew by 213,000 in January, well above the 170,000 expected. December was revised low...

By Joseph Domino 480-390-6011, Real Estate Made Easy
(HomeSmart)
Comments 1
For most people obtaining a home mortgage is one of the most important steps to winning your dream home. That is why it is so critical to find a reliable and experienced lender and Loan Officer. Your choice could make the difference between a smooth painless closing or a turbulent and agonizing s...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 0
Conventional 30 year Mortgage: 4.375%Credit score:740LTV:75%Loan Amount:$300kAPR: 4.532%FHA 30 year: 4.5% Credit Score:740LTV:96.5%loan amount:$300kAPR: 5.4%Conventional 15 year: 3.875%Credit score:740LTV:75%Loan Amount:$300kAPR: 4.15% Rates are Subject to ChangeCall me today if you are thinking ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 12 basis points today at 101.91 having closed 60 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 Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: There's a few items on the Economic Calendar today. The first item is the ADP Employment data, which reported 213k jobs in January. December was revised lower from 271k to 263k. This is the first Jobs data that we'll see this week. Next is Initial Jobless Claims...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 11
“This One Made My Wife Laugh”    Looking in the mall for a cotton nightgown, I tried my luck in a store known for its hot lingerie. To my delight, however, I found just what I was looking for. Waiting in the line to pay, I noticed a young woman behind me holding the same nightgown. This confirmed...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 8
“What Speed Limit?”   A cop pulls over a carload of nuns. Cop: "Sister, this is a 65 MPH highway. Why are you going so slow?" Sister: "Sir, I saw a lot of signs that said 22, not 65." Cop: "Oh sister, that's not the speed limit, that's the name of the highway you're on!"Sister: "Oh! Silly me! Tha...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 3
Home price gains slowed in November and are now coming back down to more normal levels. The Case-Shiller 20-City Home Price Index rose 4.7% from November 2017 to November 2018, down from 5% in October. On a monthly basis, the 20-City Index rose 0.3%. The report read that stable 2% inflation, cont...

By Craig Bosse, Jumbo and "Outside the Box" Loan Specialist
Comments 0
It is now possible to get a Jumbo Loan immediately after a Short-Sale or Foreclosure.There are many people that don’t think they can qualify for a Jumbo Mortgage because they have a recent Short-Sale, Foreclosure or Bankruptcy. They have been turned down by other lenders time and time again, and ...

By Craig Bosse, Jumbo and "Outside the Box" Loan Specialist
Comments 3
Many potential home buyers are asking "How long do I have to wait until I can buy a home again after a short-sale or foreclosure?" The answer is there is "NO WAIT PERIOD" after a Short-Sale or Foreclosure with our new portfolio 2nd chance loan. Up until now there has been very limited financing ...

By Craig Bosse, Jumbo and "Outside the Box" Loan Specialist
Comments 0
For years after the financial crash homebuyers had to put down 20% to get a Jumbo Mortgage. Many would be home-buyers still believe this. Most people in the industry, including Realtors, know that you can put down much less than 20% down to get a conventional or FHA loan. They may not however kno...

By Joyce Thomas, Your Home Sold Guaranteed!
(The Thomas Group Brokered by eXp Realty)
Comments 1
When it comes to making a big purchase, having a credit card can make the process easier, especially if you don’t have the necessary funds when it comes time to pay. While pulling out a credit card and swiping it to pay for any and everything can often become second nature, there are ways to get ...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
On this date, January 28, 1902, Andrew Carnegie communicated with President Theodore Roosevelt, declaring he had endowed $10 Million (in today's dollars that would be almost $300 Million) "to found... an institution which...shall in the broadest and most liberal manner encourage investigation, re...

By David Jackson, MBA, Financial lending analyst
(Olympus Labs)
Comments 1
Applying for a divorce can be a messy process if it’s not followed correctly. There are lots of forms and agreements to be made before you can walk away into the sunset. While it’s perfectly possible to apply for a divorce yourself, it’s not recommended. These days, the UK government has taken st...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
Happy Birthday Kansas! On January 29, 1861, Kansas was admitted as the 34th U.S. state. Pictured above is Charles L. Robinson, the first Governor of Kansas from 1861 to 1863. At the time, the term for Governor in Kansas was limited to only 2 years. He was also the first governor of a U.S. state t...

By Jason E. Gordon, Sr. Loan Officer, CMPS, CDLP, RCS-D, CDPE, CMHS
(AmeriFirst Financial Inc, San Diego, CA)
Comments 0
As Real Estate Professionals, we are typically asked to help our clients through life transitions.  While many transitions are considered "positive" (such as first time homebuyers, move-up buyers, family growth, job promotions, investment properties, dream homes, etc.), we are often asked to help...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 1
HIGH RATIO fixed term best discounted rates & posted rates as of January 29, 2019 Terms                           Posted Rates              Preferred Rates6 mos                          3.34%                          3.30%1 year                          3.59%                          3.19%2 year ...

By Dan Edwards 425-276-7008
(Keller Williams Realty - Bellevue)
Comments 0
Over the course of the last thirty years, a shift has happened. An entire generation has been raised to believe that a college education is their key to unlocking opportunities that were not available to their parent’s or grandparent’s generations. Read More

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: A few items on the Economic Calendar today. The Case Shiller HPI dropped from 5.3% to 5.2% in November. Don't let the Media fool you! Home Prices are still rising, BUT at a slower pace on Year over Year basis. NOT the drop, as the Media likes to portray! It will...

By Jason E. Gordon, Sr. Loan Officer, CMPS, CDLP, RCS-D, CDPE, CMHS
(AmeriFirst Financial Inc, San Diego, CA)
Comments 0
 With so much noise on the airwaves, it is difficult for a potential Borrower (and/or a Professional who assists potential Borrowers) to know what is really going on with Mortgage Rates. Let's face it, Mortgage Companies have a vested "interest" in motivating Borrowers to act now before Mortgage ...