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 Khash Saghafi, Mortgage Loan Officer, Cleveland Ohio
(Liberty Home Mortgage Corporation)
Comments 26
The world of mortgage lending is confusing to many and what is even more confusing to borrowers and real estate agents is the difference in information for qualifying from one lender to another. This is why everyone must first learn the word OVERLAY.  What does overlay mean in the context of mort...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 0
Lock Watch for the Week of 11/12/2018 Volatility-O-Meter:"The beatings will continue until morale improves."  Keep your eye on CPI... Economicalendar (all times are Pacific):Mon, 11/12:      Veteran's Day, bond market closed.Tues, 11/13:      Treasury Budget (11am).Weds, 11/14:     CPI (5:30am).T...

By Phil Caulfield, I Get The Loans Done That The Big Banks Don't!
(Guarantee Mortgage)
Comments 0
Can a LLC Get A Mortgage?A LLC, believe it or not, can be the vesting for a residential mortgage (including a primary residence, vacation home, and rental property)!You may have called several mortgage lenders asking if you can take title to the property in your LLC and been told that is not allo...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“Zillow Mortgage, Really?”     I can’t believe how stupid we were. You had done a pre-qualification letter for us a few months ago, unfortunately we lost our way. We ended up putting a deposit on a home we found on Zillow and clicked on “mortgages”, what a foolish mistake. They have no clue what ...

By Anthony Atkins
Comments 0
 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...

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 3.34% 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 2.85% Prime 3.95% Benchmark 5.34%

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
HIGH RATIO fixed term best discounted rates & posted rates as of November 10, 2018 Terms                           Posted Rates                 Preferred Rates 6 mos                          3.34%                          3.10%1 year                          3.59%                          3.19%2 ...

By Richard Weeks, REALTOR®, Broker
Comments 2
48 Hour Close No Appraisal Fix and Flip Loan The Quick Close hard money loan is our absolute most popular product.  This loan can close in 48 hours, and has no fees other than origination.  Here are the highlights: Available in TX, CO, NC, TN, and AZ No Appraisal No Credit Check Must close in a c...

By Eric Lawrence Frazier MBA, Founder and CEO of The Power Is Now, Inc.
(The Power Is Now, Inc. NMLS #1435243 CalBRE #1980407)
Comments 1
CoreLogic estimates  that nearly 10 percent gain in the buyers’ mortgage payments by july 2019. Homeowners might not want to wait any longer to invest in the property market. Today, buyers will have to spend about $1,400 more annually on their mortgage payments than they would have to spend a yea...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed up 19 basis points today at 99.56 having remained below resistance offered by the 10 day moving average and closed 20 points below it.  The conforming rate is at 5.125% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.750%.  ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
“Purchase vs. Renting”      Good morning Joe,I’ve been thinking for a long time about buying a home vs. renting but with my student loans I’ve been hesitant. I’m unsure what I can realistically afford. I was hoping you could help me figure that out. Also, I was even considering trying to get a fo...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
A strong U.S. economy, job market and business activity pushed mortgage rates higher in the latest week. Freddie Mac reports that the 30-year fixed-rate mortgage rose 11 basis points in the latest week to 4.94% with an average of 0.50 in points and fees. Freddie Mac said, "Higher mortgage rates h...

By Samuel John, We give you daily about real estate market.
(Daily Real Estate Update)
Comments 0
Lots of people think that bad credit is the one factor that will certainly make your capacity to obtain a personal loan impossible. The general sensation is that the stigma of a bad credit report is the one factor that will lead a loan provider to automatically decline you. Nonetheless, more and ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Fannie Mae released its Home Purchase Sentiment Index (HPSI) for October this week showing a decline in sentiment despite a favorable U.S. economy. The HPSI fell 2 points in October to 85.7, continuing its recent downward trend. The report revealed that the net share of Americans who said it is a...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 1
Commercial Bond Yields CMB 5 Year - 2.77% CANHOU 12/15/23 [+0.01]   ‌ 10 Year - 2.93% CANHOU 12/15/28 [+0.01]   GoC 5 Year - 2.46% CAN 2.00 09/01/23 [+0.01]   ‌ 10 Year - 2.54% CAN 2.0 06/01/28 [+0.01] GOC Bonds are for reference purposes only Floating rate insured cost of funds 1.94% [-]       ...

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 Stephen Katz, Branch Manager, CMPS
(Katz Mortgage Team, a branch of VanDyk Mortgage Corporation)
Comments 0
The day you decide to purchase a house is the day you feel adrenaline rushing through your body. Having that constant fear in the back of your mind, afraid of not having enough down payment or maybe your credit score is too low. Possibly, your debt is too high. Those fears are what might make you...

By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
Comments 2
An Alternative Mortgage Product for your Palm Beach HomeThere is an Asset for Income feature on loan products that can help your potential home buyer qualify. It works when someone is heavy on assets but light on income. This can act as a little ‘nudge’ to help a good solid deal done.   Personal ...

By Trent Dalrymple (248) 854-0625, Helping Mortgage Professional's Lend Nationwide!
(Texana Bank)
Comments 1
PLEASE SHARE! If you're an experienced (at least 2 years as an LO) Mortgage Loan Originator or a Mortgage Broker, please contact me, at (248) 854-0625 and let's talk about your plans for the coming year. No matter which state you are located in, we are growing in that direction so give me a call....

By Andre Smith, Real estate agent in Glenn County
(Morrie Mages Property)
Comments 0
Commercial property leasing is one of those economic activities that can always be profitable for landlords, but the same cannot be said about tenants. Commercial real estate leases are tied to market conditions and other factors such as operating expenses, which are also contingent upon local as...