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 George Thoma, Mortgage Loan Originator / Broker
(Island Lending Hawaii, LLC | Equal Housing Lender )
Comments 1
 You started the year motivated to buy a home by getting your finances in order and raising your credit score. But then the holidays hit, and you get off track. Maybe you dipped into your down-payment savings or added debt to your credit cards.While not the best choice when you’re looking to buy ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“Can you do a Construction Loan for a Duplex?”   Hi Joe, I have a customer who is looking to do a construction loan for a duplex, is that something you would be able to help with? I gave him your number so he could reach out but wanted to give you a heads up.  The customer’s name is XXXXXXXX XXXX...

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 1
Easy come; easy go.  After the large gains in stocks yesterday about a third of that was lost today.  Also as MBS bonds sold off again today, the yield on the 10 year Treasury was perilously close to the precipice represented at the 2.62 level.  We are hoping the note will hit that level and boun...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Stocks had their way today as prices rocketed higher.  As is typically the case, bonds suffered as a result.  MBS bonds fell yet farther below all the five moving averages and the yield on the 10 year Treasury was up to 2.587 dangerously close to the historic level of 2.62.  In the past,when the ...

By Lynn B. Friedman, Concierge Service for Our Atlanta Sellers & Buyers
(Atlanta Homes ODAT Realty Call/Text 404-939-2727 Buckhead - Midtown - Westside -- and more ...)
Comments 4
Dear Readers - Here's a gem today (1/12/18) from last year. Lots to learn here! George Souto from our Connecticut ActiveRain Community teaches us about Mortgage matters all the time. Mortgage Applicants will find the details her especially helpful. He and other ActiveRain Mortgage professionals ...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 7
The Federal Housing Finance Authority (FHFA) has announced their conforming conventional loan limits for 2018 earlier this month, and more recently FHA announced their loan limits as well for 2018.  While the FHFA conforming conforming loan limits apply pretty much across the country, the FHA loa...

By Robert Clapton
Comments 156
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 Mitch Valmer, Equity Participation Loans and Bridge Loans
(Private Money Lender & Trust Deed Investments)
Comments 2
Trust Deed Investing can bring superior returns with Low Risk .  You can invest your Capital with  different types of retirement accounts you may have. You can also Invest in Fractional Trust Deed Notes , Mortgages,or in a Mortgage Funds(Mortgage Pools) with your retirement account along with Joi...

By Fred Cope, Looking For Homes With A Smile
(Reliant Realty in Nashville, TN)
Comments 17
PREQUALIFICATION OR PRE-APPROVAL LETTERS  Photo above is Jeana Connell, my former processor, and she is holding my first grandson--2003.  I would, and have trusted her with anything I value.  This is what you are looking for in a processor.   Let's Consider The Misunderstandings About PREQUAL and...

By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
Comments 6
What is the difference between Pre-qualification and Pre-approval Letters? (Many of us use it interchangeably - however, is that a good idea!) Here's really great post from Fred - and a re-blog! PREQUALIFICATION OR PRE-APPROVAL LETTERS  Photo above is Jeana Connell, my former processor, and she i...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 16 basis points today at 101.53 having remained below resistance offered by the 10, 25 and 50 day  moving averages and come to rest 50 basis points below the 10 day.  The 30 year was available at 4.125% today.  The 30 year jumbo was at 4.25%.  Whether ...

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 25 basis points today at 101.69 having remained below resistance offered by the 10, 25 and 50 day  moving averages and come to rest 47 basis points below the 10 day.  The 30 year was available at 4.125% today.  The 30 year jumbo was at 4.25%.  Whether ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 9
 “Every Gal can Appreciate this one”   Looking in the mall for a cotton nightgown, I tried my luck in a store known for its hot lingerie. To my delight, however, I found just what I was looking for. Waiting in the line to pay, I noticed a young woman behind me holding the same nightgown. This con...

By Mike Bjork
(American Pacific Mortgage)
Comments 1
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 2
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.04% 2.64% Fixed 2 Year 3.24% 2.54% Fixed 3 Year 3.44% 2.84% Fixed 4 Year 3.89% 2.99% Fixed 5 Year 5.14% 2.94% Fixed 7 Year 5.30% 3.69% Fixed 10 Year 6.10% 3.74% Variable Rate 2.30% Prime Rate 3.20% Benchmark Rate 4.99% Cost per ...

By Dan Edwards 425-276-7008
(Keller Williams Realty - Bellevue)
Comments 1
How to Get Better Credit for a Home LoanIt doesn’t seem fair that one number can determine so much of our future. At 18, we get to vote and make adult decisions. At 21, we can drink legally. However, one number follows us around for the rest of forever.READ MORE

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Earnings season began in earnest today and stock futures projected a forward looking outlook.  Early in the session 69% of companies reporting had improve earnings and 85% had exceeded expectations.  If this trend continues markets could rally strongly.  What held us back from advances today was ...

By Bill Kamboukos
(Strategic Mortgage)
Comments 2
The conventional home loan limits for Fannie Mae and Freddie Mac backed conventional mortgages has been increased from $424,100 in 2017, to $453,100 for all new conventional home loans in 2018.            That also means that for VA loans, the base loan limit is now also $453,100 to qualify for a...