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 Phil Stevenson, CRMP, "Mortgage Nerd" in Miami, Florida and Texas
(PS Mortgage Lending 305-791-4874 or 888-845-6630)
Comments 1
Ocwen Financial Corp, the West Palm Beach financial giant, had announced the big acquisition of PHH Corp (for more than $360 million), this last year. Now the company’s future has been put on hold, or at least for more than 2,000 of its employees. The company’s senior vice-president of corporate ...

By Bill Kamboukos
(Strategic Mortgage)
Comments 16
A good credit score is paramount to obtaining a home loan or any type of financing in general. The higher your credit score, the better your potential interest rate and terms will be, whether you are applying for a home loan, a consumer loan or a credit card. There is often times conflicting info...

By 1 ~Judi & Don Barrett & Chassy Eastep - Integrity, BS Ed, Integrity Real Estate Services -IDABEL OK
(Integrity Real Estate Services 118 SE AVE N, Idabel, OK 74745)
Comments 1
One of the Most Popular Home Loan in McCurtain County Oklahoma USDA GUARANTEED HOME LOAN Why is the USDA GUARNATEED HOME LOAN one of the most popular mortgages sought in McCurtain County? First many of our citizens in McCurtain County meet the elgibility requirements.  To find out if you meet tho...

By Joe Resendiz, Jr. Research Analyst
(ValuePenguin)
Comments 1
What Do Lenders Look For in Home Equity Applications?If you're facing financial strain in your life, a home equity loan might be the answer to your credit issues. Not only does settling your high-interest debt with a low rate home equity loan cut down on your liability, but it diversifies your cr...

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 0
Mortgage backed securities (MBS) closed up 6 basis points today at 102.94having closed 153 points above support offered by the 200 day moving average.  The conforming rate is at 4.375% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.125%.  Whether in New England, ...

By Leo Namiot, Great Low Mortgage Rates...Check Them NOW
(Canopy Mortgage)
Comments 0
VA Streamline Refinance (IRRRL Program) & VA Refinance Rates Rates Have Dropped The VA streamline refinance is the quickest, cheapest, and most beneficial type of refinance for qualified  veterans who currently have a VA home loan. One of the best features of a VA IRRRL Streamline Refinance is th...

By Victoria Carter, TwoMoveYou
(TwoMoveYou)
Comments 0
 If you would like to learn more about  selling your Durham Region home, please contact TwoMoveYou Real Estate, Victoria Carter and Kirk Rickman, Century 21 Durham Region Realtors, at 905-626-3294.We service Pickering, Ajax, Whitby, Brooklin, Courtice, Bowmanville, Newcastle, Oshawa, and surround...

By Phil Stevenson, CRMP, "Mortgage Nerd" in Miami, Florida and Texas
(PS Mortgage Lending 305-791-4874 or 888-845-6630)
Comments 1
We hear mortgage professionals (mortgage brokers and mortgage lenders) misspeak all too often when attempting to educate the public on interest rates. These professionals hear “the Fed is raising rates”, and so they turn around a regurgitate what they hear, but they are telling the public that th...

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 Residential Loan Originator, let's talk about expandi...

By Mike Bjork
(CMG Financial)
Comments 1
http://MikesDailyMarketReport.com: We have a few data to report today on the Economic Calendar. The Housing Starts dropped from 1.273 million annualized units to 1.162 million annualized units in February. Also, Building Permits dropped from 1.317 million annualized units to 1.296 million annuali...

By Phil Stevenson, CRMP, "Mortgage Nerd" in Miami, Florida and Texas
(PS Mortgage Lending 305-791-4874 or 888-845-6630)
Comments 0
If the fed only controls the adjustable, fed fund rate, then what controls the long term fixed rate mortgages? The fixed rates move with the Mortgage Bond Market, which is Mortgage Backed Securities (MBS). You might ask “but aren’t fixed rates, fixed? How can they go up and down?” Fixed rates go ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
 The Commerce Department reports that Housing Starts fell 8.7% month-over-month in February from January to an annual rate of 1.162 million units versus the 1.210 million expected. Starts were down 9.9% year-over-year. It was the largest monthly percentage decline for total Housing Starts in eigh...

By Rummy Dhanoa, Rummy Dhanoa Real Estate Experts
(Rummy Dhanoa Real Estate Experts )
Comments 1
A lot of Americans are holding back on buying homes because of their credit score. The sad truth is the majority of this group are misinformed and should have already started earlier than they plan to. Only 25% of the Americans have a FICO Score between 740 and 800. Here is the breakdown accordin...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 6 basis points today at 102.88 having closed 148 points above support offered by the 200 day moving average.  The conforming rate is at 4.375% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.125%.  Whether in New England,...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 1
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% 3.19% Fixed 4 Year 3.94% 3.39% Fixed 5 Year 5.59% 3.24% Fixed 7 Year 5.80% 3.59% Fixed 10 Year 6.10% 3.69% Variable Rate 2.95% Prime Rate 3.95% Benchmark Rate 5.34% Cost per ...

By John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 56
Establishing Credit for Immigrants       When someone is new to the country, many times they are seeking their own personal American dream. This may include a lot of things, but often times, it involves home ownership.  Immigrants legally living and working in the US can obtain financing through ...

By Bill Kamboukos
(Strategic Mortgage)
Comments 2
In the past, we have written many articles on best practices, when it comes to qualifying for a home loan. We have also discussed what things not to do, when applying for a home loan, yet we continue to see these issues pop up from time to time. So, if you are thinking of getting a home loan soon...

By Mark and Laura Anderson, Common Name - Uncommon Service
(Keller Williams Premier Realty)
Comments 1
The Home Buyer's Guide to Getting Mortgage Ready  Don’t wait until you’re ready to move to start preparing financially to buy a home. If you’re like the vast majority of home buyers, you will choose to finance your purchase with a mortgage loan. By preparing in advance, you can avoid the common d...

By Anthony Atkins
(CixxFive Conceptes)
Comments 1
 If you’re one of the millions of Americans with a credit score of 620 or lower, you have a “bad” credit score. Having a bad credit score means you’re going to have a hard time securing loans or other financial allowance. If you wondering about whether your credit is bad or not, it’s good to be a...