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 Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY February 10, 2016, 7:45 AM PST    FEATURED LOAN FHA 203K Renovation Mortgage  Renovate Purchases and Refinances All You Need To Know About 203K  LOCK ADVISORY -  Click for current Lock Advice 1-14 Day Close:  LOCK 15-30 Day Close: FLOAT With Caution 31-45 Day ...
By Jason E. Gordon, Sr. Mortgage Loan Officer, CMPS, CDPE, CMHS
(AmeriFirst Financial Inc, San Diego, CA)
Comments 0
Volatile day thus far for Mortgage Backed Securities.  Despite a rough opening, we have had a mid-day pricing improvement given the declines in stocks!Compared to Tuesday's closing, the market has opened with a 0.125 worsening to the Points/Credits associated with any given interest rate option (...
By Alan Gross, Loan Consultant
(PrimeLending, A PlainsCapital Company)
Comments 0
Do Your Clients Know This?Mortgage interest rates have been steadily falling since the beginning of 2016. Your clients may not be aware of this because the news has been dominated the Federal Reserves raise in the short term rates by 0.25% on December 16, 2015.Most people think that this also mea...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 18
“Size Doesn’t Matter in Situations like This”   Even though I am only doing a $60,000 mortgage for these clients and lowered their overall monthly obligations by $253 per month, to them it felt like a million. This refinance was enough to give them $12,000 to do some home improvements.  It won’t ...
By Mike Bjork
(American Pacific Mortgage)
Comments 0
http://MikesDailyMarketReport.com: Provides the mortgage interest rate trends and navigates through the current interest rates for home loans.  Mike Bjork provides this daily service by watching the interest rates in California by projecting his thoughts on the mortgage interest rates forecast.  ...
By Ridhi Raheja, FHA, 203k, VA, Jumbo, PreApproval, Jumbo Home Loan
(Movement Mortgage (Illinois))
Comments 0
Prior years tell us that when clients feel comfortable in the economies and safe in their careers that they will pay any rate the market requires to purchase a house. On the side, if the economy is shaky, clients will not borrow even when rates are incredibly low.  How are rates looking for 2016?...
By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
Conventional 30 year Mortgage: 3.75%Credit score:740LTV:80%Loan Amount:$200kAPR: 4.02%FHA 30 year: 3.75%Credit Score:740LTV:96.5%loan amount:$200kAPR:4.86%Conventional 15 year:3.125%Credit score:740LTV:80%Loan Amount:$200kAPR:3.32% Rates are Subject to ChangeCall me today if you are thinking of r...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 1
Terms Posted Rates Preferred Rates 6 MONTHS 3.14% 3.10% 1 YEAR 2.89% 2.29% 2 YEARS 2.84% 2.24% 3 YEARS 3.39% 2.34% 4 YEARS 3.89% 2.54% 5 YEARS 4.64% 2.74% 7 YEARS 5.30% 3.44% 10 YEARS 6.10% 3.84% Rates are subject to change without notice. OAC E&OE  Prime Rate 2.70% 5 yr variable 2.35%  
By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
In reaction to a rally in European markets, stocks here began the day with strong gains.  After Fed head Janet Yellen's comments about possibly slowing the progression of interest rate hikes, however, the bottom fell out of the Dow leaving only the NASDAQ in positive territory for the day.  Trade...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 3
TERM POSTED Preferred RATES* Open 1 Year 6.30% - Fixed 1 Year 2.89% 2.29% Fixed 2 Year 2.84% 2.19% Fixed 3 Year 3.39% 2.20% Fixed 4 Year 3.89% 2.54% Fixed 5 Year 4.64% 2.74% Fixed 7 Year 5.30% 3.44% Fixed 10 Year 6.10% 3.84% Variable Rate 2.20% Prime Rate 2.70% Benchmark Rate 4.64% Cost per $100...
By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed up 25 basis points today at 104.94 having re-taken resistance offered at the 104.87 after having fallen behind it as a result of last night's monthly coupon rollover.  In reaction to another volatile day in the stock market, MBS bonds were up minimally earl...
By Mike Bjork
(American Pacific Mortgage)
Comments 2
http://MikesDailyMarketReport.com: Provides the mortgage interest rate trends and navigates through the current interest rates for home loans.  Mike Bjork provides this daily service by watching the interest rates in California by projecting his thoughts on the mortgage interest rates forecast.  ...
By Joyce Kelley, Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.
(Charles Stallions Real Estate Services Inc)
Comments 1
  Home Buying in Pensacola, Pace or Gulf Breeze, Florida Real Estate 32561, 32563, New mortgage disclosure rules  in Pensacola  A panel discussing the new RESPA-TILA mortgage disclosure rules that went into effect on Oct. 3 said they've seen few "closing delays and other harmful effects" so far. ...
By Paul McFadden, Pest Control, Seattle, WA.
(Paratex)
Comments 11
This is great information from my friend George. It hits close to home as I am in the pest business. Thanks George! I am asked fairly regularly by Realtors about Pest Inspection Guidelines For Mortgage Loan Programs.  The guidelines for pest inspection have not changed in several years, but Realt...
By Bruce Reichstein, Mortgage Industry Professional - 3 Decades
(Mortgage Industry Professional, Westbound Bank Chairman)
Comments 2
Water supply and water quality issues are among some of the most frequently asked-about topics when it comes to VA appraisals. While many homes purchased with a VA loan are typical suburban properties or condos, not all of them are--some properties are served by aquifers, wells, or even cisterns ...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY February 9, 2016, 7:45 AM PST    FEATURED LOAN FHA 203K Renovation Mortgage  Renovate Purchases and Refinances All You Need To Know About 203K  LOCK ADVISORY -  Click for current Lock Advice 1-14 Day Close:  LOCK 15-30 Day Close: FLOAT With Caution 31-45 Day C...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 21
“Bank Referral Partners, a Steady Source of New Business”    Well, you must have made a good impression. Your name was mentioned in our monthly bank officers meeting this morning regarding a referral to you from Tom XXXXXX.  Thanks again for all of your help with Mark & Jeff. I am sure that Jeff ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 34
“Take Every Opportunity to Give Out Your Business Cards”    I read your blogs all the time on FB. We actually met a couple of years ago when we were waiting in line at motor vehicle, any way you gave me your card. I googled your name and liked what I was reading.  I'm ready to buy and just need ...
By Svetlana Marinkovic, SecurityNational Mortgage Company
(SecurityNational Mortgage Company)
Comments 0
Feel Free To Dream Big A wide variety of loan products and Jumbo loan alternatives to help you achieve both peace of mind and small mortgage payments. Let your dreams take flight! Call or email today to see how I can help you own a home of your own. Cell 602-421-4300 Cappy.Capozzoli@snmc.com For ...
By Wayne Martin, Real Estate Broker
(Wayne M Martin LLC)
Comments 15
Trivia questions for Saturday February 6, 2016 1. What continent includes Iran?  Asia  2. What athlete has a part in the movie "Spaceball"?  Merlen Olsen  3. In what year was the "Star Spangled Banner" designated the U.S. National Anthem?  1931  Trivia quesstions for Sunday February 7, 2016 1. Wh...