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 Bill Kamboukos
(Strategic Mortgage)
Comments 2
When it comes to purchasing your first home, there are many considerations to be taken into account.However, whether you are purchasing your first home or your 10th, the whole process should always begin with the financial commitment and the home loan.            In the articles that follows, we ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 26
“Referral Partners that Belong to Other Networking Groups”    I am not sure you are aware but based on your recommendation I recently joined a BNI group, there is a mortgage person as part of the group, but you are my mortgage guy and it is my intention to keep referring my referrals to you. As i...

By Diane Beaumont, USDA,FHA,Jumbo,VA Woodland Park, CO Mortgage
(Benchmark Mortgage)
Comments 2
Many mortgage payments are made up of four parts, called PITI. PITI is an acronym that stands for principal, interest, tax, and insurance. It's important to understand PITI because it is the real number you need to use in order to find out how much mortgage you can afford to pay each month.One of...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 11
“No One to Marry?”  One day a girl brings home her boyfriend and tells her father she wants to marry him. After talking to him for a while, he tells his daughter she can't do it because he's her half-brother. The same problem happens again four more times! The girl starts to get pissed off. She g...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 0
Lock Watch for the Week of 3/25/2019 Volatility-O-Meter:"I don't know where I'm going, but I sure know where I been..."  We are in uncharted waters this week and the Fed's statement last week creates a new backdrop for rates.  There has been much volatility since the statement and I would expect ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed flate today at 102.81 having closed 14 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, the Mid Atla...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: No data to report on the Economic Calendar to report today, but the rest of the week there will be something to report. Stocks started the morning in the Red; as globally, it was mostly in the Red. DOW and S&P have just recently breached to a Positive stance. We...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Rental prices edged higher in February from January and are up 3.6% annually last month, up $2 to $1,426. The 3.6% annual gain is the largest increase since late 2016, according to the latest Yardi Matrix National Multifamily Report. The data showed that demand for rentals continues to grow, whic...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 19 basis points today at 102.81 having closed 142 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 Steve Kantor, Best Agent Business - Virtual Assistance
(BEST AGENT BUSINESS)
Comments 2
Is accounting paperwork preventing you from doing what you do best, selling? Need help delegating those time-consuming tasks that don’t produce additional sales? While Best Agent Business is not an accounting firm, we can assist you with basic accounting services. Included in our services are rev...

By Robert Clapton
Comments 187
We have direct provider for BG/SBLC/LC from top AA rated banks in the world. HSBC London or HongKong ETC our leasing fee is 6+2 Genuine brokers and Borrower only. Please contact Mr Robert Clapton Contact: Email:  robert.clapton@rocketmail.com  Telephone: +44-777-650-6313 

By Leo Namiot, Great Low Mortgage Rates...Check Them NOW
(Canopy Mortgage)
Comments 0
Mortgage Rates Have Dropped To the 3's Now is a great time to Purcahse or Refinance a home. Below you will find today's Home Purchase Florida FHA Rate's . These Low Florida FHA Rates are an example of how low mortgage rates have dropped. I also have great VA loan rates and great Conventional mort...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“Bring Me the Construction Projects”     Hi Joe, I have another joint venture for both of us, similar to the transaction we did late last year. Our bank has a long time client that wants to build a home in Florida, but again we can’t do construction loans of this size and I know you do. Our bank ...

By Dario Ferreira, Internet Marketing
Comments 0
After a marriage, the last thing that anyone would wish to consider is something that is sadly inevitable – death. Nevertheless, death is part of everyone's life cycle, and although it should not be something to dwell upon, there are certain related elements that ought to be planned for. Should o...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage rates continued to decline in the latest survey due in part to low inflation levels, a slowing global economy along with a dovish tone from the Federal Reserve. Freddie Mac reports that the 30-year fixed-rate mortgage fell three basis points to 4.28% with an average 0.40 in points and fe...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed up 3 basis points today at 102.62 having closed 124 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 Mike Bjork
(CMG Financial)
Comments 1
http://MikesDailyMarketReport.com: Markit Manufacturing flash PMI dipped from 53 to 52.5 in March. It's counter-part, Markit Services flash PMI also dipped from 56 to 54.8 in March. Existing Home Sales had a nice boost in February, as it jumped up to 5.51 million annualized units, compared to 4.9...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Commercial Bond Yields CMB 5 Year - 1.88%* CANHOU 06/15/24 [-0.03]   ‌ 10 Year - 2.11%* CANHOU 09/15/29 [-0.03] * denotes interpolated rate       GoC 5 Year - 1.50% CAN 2.50 03/01/24 [-0.03]   ‌ 10 Year - 1.60% CAN 2.0 06/01/28 [-0.05] GOC Bonds are for reference purposes only Floating rate insu...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 0
 Yesterday was the end of the 2 day Federal Reserve meeting and as we anticipated - The Fed did not move rates.  As is always the case - it is not what the Fed does, but what they say that has the most power.  The Comments that came out of the meeting were more dovish than anticipated leading to ...

By David Jackson, MBA, Financial lending analyst
(Olympus Labs)
Comments 0
Banks want mortgage payments to be sent in on-time, but what happens if you miss a mortgage payment? There is some leniency before foreclosure begins, typically 120 days since the missed payment.Each month, you’re meant to make a payment, but under some circumstances, you may be able to defer the...