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 Sonja Patterson, Texas Monthly 5-Star Realtor Recipient for the Hou
(Executive Real Estate Services)
Comments 4
I received a call from an older couple last week who wanted my thoughts regarding a refinance of their current mortgage.    So, I asked them a few questions to better understand their situation and to grasp the goals they wished to accomplish. Basically, they wanted to reduce the time they payed ...

By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
Conventional 30 year Mortgage: 4.375%Credit score:740LTV:95%Loan Amount:$300kAPR: 4.68%FHA 30 year: 4.25%Credit Score:740LTV:96.5%loan amount:$300kAPR:5.30%Conventional 15 year: 3.75%Credit score:740LTV:95%Loan Amount:$300kAPR:3.86% Rates are Subject to ChangeCall me today if you are thinking of ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 11
“Ticket Please”   One morning, three Cajuns and three Yankees were in a ticket line at a train station. The three Northerners each bought a ticket and watched as the three Cajuns bought just one ticket."How are the three of you going to travel on only one ticket?" asked one of the Yankees."Watch ...

By Dave Fratello, Broker/blogger based in Manhattan Beach, CA
(Confidential Realty)
Comments 4
It's something new for all of us here in Manhattan Beach, California.A buyer has just closed a purchase of a home with more than $3 million worth of Bitcoin.I wrote up the whole story for this blog post on my MB Confidential blog. Check it out!I really felt for the agent. I mean, you know that yo...

By Mike Bjork
(American Pacific Mortgage)
Comments 2
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
(Katz Mortgage Team, a branch of VanDyk Mortgage Corporation)
Comments 0
Today, we will discuss the importance of the pre-approval process. You should get pre-approved before you begin your home search.  By speaking to a lender before you begin your search, you will find out what price range you should look in. This ensures that you know what you can afford. If you do...

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 2.99% 2.44% Fixed 2 Year 2.84% 2.14% Fixed 3 Year 3.39% 2.34% Fixed 4 Year 3.89% 2.59% Fixed 5 Year 4.64% 2.59% Fixed 7 Year 5.30% 3.44% Fixed 10 Year 6.10% 3.84% Variable Rate 2.10% Prime Rate 2.70% Benchmark Rate 4.64% Cost per ...

By Lyn Sims, Schaumburg IL Area Real Estate
(RE/MAX Suburban - Northwest Suburbs of Chicago)
Comments 2
Hey, Buyers don't want free money! Lately, I have been working with a loan officer that has been having some great luck with buyer down payment assistance money.  He is offering a few programs that others are not & that kind of money just doesn't come around all that often. So .... don't you thin...

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
Terms Posted Rates Preferred Best Rates 6 Months 3.14 % 3.10 % 1 Year 3.04 % 2.44 % 2 Years 2.84 % 2.14 % 3 Years 3.44 % 2.34 % 4 Years 3.89 % 2.59 % 5 Years 4.64 % 2.69 % 7 Years 5.30 % 3.24 % 10 Years 6.10 % 3.79 % Current Prime 2.70 % 2.70 % 5 Year Variable 2.20 % 2.20 %

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities closed down 19 basis points today at 102.28 having fallen through support offered by the 10 and 25 day moving averages prior to closing right at the 10 day.  Bonds are a little spooked in anticipation of what President Trump might say in his speech to the joint houses o...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
History will be made tonight as New President Donald Trump will make his first address to the joint houses of Congress.  What will he say?  It is thought that he will stick mainly to health care, tax reform and defense spending.  If you have been watching the Donald over the years, however, you c...

By Nick and Cindy Davis, CRS,CLHMS,ABR,GRI,CIAS,ALHS,e-PRO,CDPE,SFR
(RE/MAX Premier Group)
Comments 1
Finding the spare capital to put 20% down payment on a home purchase is wonderful, however it's certainly not the norm. Still, many people believe that it is and therefore the belief may be holding some would-be home buyers back, particularly young adults. See why here The massive Down Payment Mi...

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 Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 31 basis points today at 102.478 having lost every single bit of last Friday's advance.  At one point during the session the bond was down 47 points. The 30 year rate remained at  4.125% today for both conforming and jumbo loans. If you have a rate of ...

By Danny Papadopoulos, Offering Private & Second Mortgages in Toronto
(Homebase Mortgages)
Comments 0
A second mortgage is basically what its name says it is. It is a kind of loan that a homeowner can take using the home as the collateral while still having another loan secured by the same house.In other words, a homeowner will be adding to his or her overall debt burden by taking a second mortga...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“Thank You for Your Referrals”  Joe,I wanted to thank you for your referrals.  I did go with Jay, like him a lot, really nice man.  I feel my retirement is in good hands.  I also used Manny for my new roof.  I can't say enough good things about him and his team.  I got a great new roof, got a goo...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
President Trump is poised to deliver a major address tomorrow regarding the infra structure.  He is also reportedly going to give a major gold boosting stimulus in mid march.  There are rumors circulating the famous investors like George Soros and Warren Buffett are filling their coffers with gol...

By Criss-Cross Financial Group, www.iLoveCFG.com
(Criss-Cross Financial Group)
Comments 0
  SecureLineCredit-Line ProgramLeverage Don’t Liquidate! Close quickly, invest without letting an opportunity pass, and do so without impeding your long-term plans. Admirable goals, but far easier said than done nowadays for most. The real estate arena is a good example. Restrictions have greatly...

By Rob Spinosa, Executive Loan Advisor, Marin Mortgage Broker
(RPM Mortgage, Marin County, CA)
Comments 82
To Airbnb Or Not To Airbnb... ...is anybody even asking the question?  Shall we then conjure The Bard to determine not whether renting out some or all of your home(s) through Airbnb or VRBO is a good idea itself, but once done is done, to know how thee mortgage lenders may view thine income?  Whi...