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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
“Hope He Can Play a Tune”  A newly married sailor was informed by the navy that he was going to be stationed a long way from home on a remote island in the Pacific for a year. A few weeks after he got there he began to miss his new wife, so he wrote her a letter. "My love," he wrote "we are going...

By Mike Bjork
(American Pacific Mortgage)
Comments 0
http://MikesDailyMarketReport.com:  Provides a synopsis of the daily interest rates for mortgages and home loans and Interest Rate Trends.  You'll find insight on what is driving the interest rates for that particular day and some thoughts about short- term and long- term trends with the Interest...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Commercial Bond Yields CMB 5 Year - 2.63% CANHOU 12/15/23 [-0.02]   ‌ 10 Year - 2.78% CANHOU 12/15/28 [-0.02]   GoC 5 Year - 2.30% CAN 2.00 09/01/23 [-0.03]   ‌ 10 Year - 2.37% CAN 2.0 06/01/28 [-0.02] GOC Bonds are for reference purposes only Floating rate insured cost of funds 1.94% [-]       ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
U.S. Stocks are closing out the week the same way they came in ... with extreme volatility. The Dow Jones Industrial Average traded as high as 26,000 with a low of 24,787. Stocks were influenced this week by trade issues, Brexit, the Fed and somewhat tame inflation data. Next week, the U.S. marke...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 25 basis points today at 100.25 having emainedd above resistance offered by the 25 day moving average and closed 32 points above it.  The conforming rate is at 5.00% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.750%.  ...

By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
Comments 3
I need an FHA 203k consultant, what should I expect?My lender recommended a consultant. I called the consultant and he suggested I get a contractor's bid prior to ordering his services. My contractor had experience with the FHA 203k program and indicated that the consultant gave her misinformati...

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 3.34% 3.19% Fixed 2 Year 3.74% 3.19% Fixed 3 Year 3.89% 3.39% Fixed 4 Year 3.94% 3.64% Fixed 5 Year 5.59% 3.40% Fixed 7 Year 5.80% 3.59% Fixed 10 Year 6.10% 3.94% Variable Rate 2.85% Prime Rate 3.95% Benchmark Rate 5.34% Cost per ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
As the holiday shopping season unfolds, retailers were giddy in October due in part to strong sales for motor vehicles and building materials. Retail Sales jumped 0.8% versus the 0.5% expected and were up from 0.1% in September. It was the largest increase since May's gain of 1.2%. The Core rate ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 9 basis points today at 100.00 having broken through resistance offered by the 25 day moving average and closed 6 points above it.  The conforming rate is at 5.00% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.750%.  Wh...

By Mike Bjork
(American Pacific Mortgage)
Comments 0
 http://MikesDailyMarketReport.com:  Provides a synopsis of the daily interest rates for mortgages and home loans and Interest Rate Trends.  You'll find insight on what is driving the interest rates for that particular day and some thoughts about short- term and long- term trends with the Interes...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
The October Consumer Price Index rose 0.3%, in line with estimates, though it was the largest increase since the 0.5% registered in January. The Core CPI was also in line at 0.2%. On a year-over-year basis, CPI rose to 2.5% from 2.3% in September and down from the 2018 high of 2.9% hit in June. T...

By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
Comments 0
The contractor's bid must match the consultant's bid!NO IT DOESN'T ! SO THERE.Do you want to know why it takes some lenders 45-60 days to close a FHA 203k loan and others 5-6 months yet some are consistently under 30 days? They all ready the same guideline but interpret it differently.1) For year...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 0
Conventional 30 year Mortgage: 4.875%Credit score:740LTV:75%Loan Amount:$300kAPR: 5.032%FHA 30 year: 5% Credit Score:740LTV:96.5%loan amount:$300kAPR: 5.9 %Conventional 15 year: 4.375%Credit score:740LTV:75%Loan Amount:$300kAPR: 4.648% 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 16 basis points today at 99.88 having broken through resistance offered by the 10 day moving average and closed 21 points above it.  The conforming rate is at 5.00% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.750%.  W...
Head on to ActiveRain University to watch the recording*The Realtor and Homebuilder Toolkit  for HECM purchase along with the slide deck can be found at the bottom of the recording page  Webinar DescriptionHomebuyers 62+ don’t have to choose between paying all-cash for a new house or taking on mo...

By Mike Bjork
(American Pacific Mortgage)
Comments 0
http://MikesDailyMarketReport.com:  Provides a synopsis of the daily interest rates for mortgages and home loans and Interest Rate Trends.  You'll find insight on what is driving the interest rates for that particular day and some thoughts about short- term and long- term trends with the Interest...

By Lisa Davies
(Online Buzz)
Comments 1
If you are thinking of starting an online business, then you should know that there are multiple ways to do so. If you are not sure how you can get started, then you are in good hands. There are plenty of things that you will have to focus on when you are trying to make money online. Make sure th...

By JoAnn Moore, Home Loans in Delaware
(The Mortgage Market of Delaware)
Comments 1
How to Purchase or Refinance a Class C Doublewide in Delaware There are several loan programs to cover the purchase of a Class C Doublewide manufactured home. In this article I am detailing the FHA loan. With this program you can purchase with a 3 ½% down payment. A rate/term refinance can be don...

By Mike Bjork
(American Pacific Mortgage)
Comments 0
http://MikesDailyMarketReport.com:  Provides a synopsis of the daily interest rates for mortgages and home loans and Interest Rate Trends.  You'll find insight on what is driving the interest rates for that particular day and some thoughts about short- term and long- term trends with the Interest...

By Bob Thompson, 562.344.5626 | Stated Income & HELOCs, BT Capital Advisors - Commercial & Residential
(BT Capital Advisors, CEO/Senior Account Executive)
Comments 0
Bob Thompson, Chief Executive Officer, BT Capital AdvisorsWe are end-to-end Lending Advisors providing unique access to Hedge Funds, Private Money, Private Party, REITs, CMBS, Community, Regional & Global Bank mortgage products nationwide. We know the dynamics of the market and will Identify, Mar...