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 0
Mortgage backed securities (MBS) up 16 basis points today at 102.94 having closed 136 points above support offered by the 200 day moving average. The conforming rate is at 4.125% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.125%. Whether in New England, the M...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: Weekly Jobless Claims dropped from 212k from previous week to 211k last week; another good sign for Jobs. However, we show Manufacturing and Services Industry slowing down. Markit Manufacturing PMI flash dropped from 52.6 in April to 50.6 in May; and Markit Serv...

By John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 10
Products, Programs, and ProcessesLast updated: 2/22/19 (additions: the JM Loans team is now licensed to do mortgage loans in Nevada, Social Media Training, Single Property Websites, VA Renovation loans, "Forest Friendly" hybrid closing for conventional loans) At least a couple times each week I'm...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 0
Conventional 30 year Mortgage: 3.99%Credit score:740LTV:75%Loan Amount:$300kAPR: 4.13%FHA 30 year: 4.125% Credit Score:740LTV:96.5%loan amount:$300kAPR: 5.025%Conventional 15 year: 3.625%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.87% Rates are Subject to ChangeCall me today if you are thinkin...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 2
It's TEXANA TUESDAY! Time for Trivia! And here's more... Did you know if you're originating residential loans in 1 state, you can originate in all 50 states with no additional state licensing? Contact me to expand your lending footprint NATIONWIDE with our FDIC lending platform and provide your c...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Low mortgage rates along with seasonal increases in home sales continued to boost prepayments in April, reports Black Knight. After a slow start to the year, the national delinquency rate declined in April by 5% from March to 3.47%, the lowest level since record keeping began in 2000. The report ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) up 9 basis points today at 102.78 having closed 120 points above support offered by the 200 day moving average. The conforming rate is at 4375% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.25%. Whether in New England, the Mid At...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
The National Association of REALTORS® (NAR) reports that existing-home sales declined 0.4% in April from March to an annual rate of 5.19 million units versus the 5.35 million expected. Sales were lower by 4.4% from April 2018 to April 2019. Sales declined in the Northeast and South with gains see...

By Mike Bjork
(CMG Financial)
Comments 2
http://MikesDailyMarketReport.com: The only item on the Economic Calendar today is the FOMC Minutes, which will be released at 11:15am PST. Investors are eager to review the Minutes of the Feds' last meeting and look for clues on their thoughts on the economy, rate movement and US/China. Stocks a...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Fannie Mae released its May Economic & Housing Outlook last week saying that strong demand along with improved affordability points to a rebound in the housing market in 2019. Fannie Mae went on to say, "Pending sales and purchase mortgage applications are trending upward, while the lower mortgag...

By Phil Stevenson, CRMP, "Mortgage Nerd" in Miami, Florida and Texas
(PS Mortgage Lending 305-791-4874 or 888-845-6630)
Comments 0
Mortgage sales and applications saw a big drop through all of April. There’s been a huge growth on external economies (mainly european), this normally leads to an increase in local concerns and fears. As a consequence, we’re seeing an increasing drop on new mortgage acquisition and even less acti...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) down  12 basis points today at 102.69 having closed 112 points above support offered by the 200 day moving average. The conforming rate is at 4375% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.25%. Whether in New England, the Mi...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) flat today at 102.69 having closed 112 points above support offered by the 200 day moving average. The conforming rate is at 4375% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.25%. Whether in New England, the Mid Atlantic or the...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 7
“Nearly 5 Million Mortgages Paying Higher than necessary Interest Rates”    According to the latest report from Black Knight, 4.9 million homeowners with a mortgage can now reduce their interest rate by at least 0.75% by refinancing after the recent drop in mortgage rates.  Should they all refina...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: Existing Homes Sales slumped a bit in April, as they go from 5.21 million annualized units to 5.19 million. Stocks are cautiously trading in Positive Territory, as the US placed a Temporary (90 days) Exception on US Businesses dealings with Huawei. MBS is curren...

By Will Hamm, "Where There's a Will, There's a Way!"
(Hamm Homes)
Comments 4
This is another great blog that can help all of us from Stephen Katz,  He comes up with so many great blogs that you should not miss.  Many people like yourself are looking for ways to save money for a new home. Sometimes, it can start to feel like you don’t have enough money for a down payment. ...

By Rodney Mason, AL, FL, GA, SC, & TN
(Angel Oak Home Loans)
Comments 0
 Our Bank Statement Program is an excellent way for you to sell more homes. Prospect for self-employed buyers and let them know you have an ideal option that may help them qualify for a home. While self-employed buyers may not fit into traditional loan guidelines, many do not have credit issues k...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 2
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 3.19% Fixed 2 Year 3.74% 3.14% Fixed 3 Year 3.89% 2.96% Fixed 4 Year 3.94% 3.14% Fixed 5 Year 5.34% 2.99% Fixed 7 Year 5.80% 3.49% Fixed 10 Year 6.10% 3.44% Variable Rate 2.90% Prime Rate 3.95% Benchmark Rate 5.34% Cost per ...

By David Jackson, MBA, Financial lending analyst
(Olympus Labs)
Comments 0
Canadian homebuyers are facing stricter mortgage rules, forcing many would-be borrowers to seek out private mortgage loans. Car loans, personal loans, online loans and bad credit are making it harder for potential buyers to get a mortgage.Borrowers in the Greater Toronto Area (GTA) are experienci...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: There are no economic data to report from the Calendar today. Stocks are being driven by the continued tensions between the US and China, as both parties agree they won't be meeting any time soon, as neither side is willing to negotiate further. Also, US Compani...