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 Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 0
         Many buyers in our local market have sizable Student Debt . When asking what impact they might have on my ability to buy a home , there appears to be much confusion ! This blog post will clear up all of your questions ! When getting a mortgage many items are taken into account. These ite...

By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
Comments 2
Interest rates for buying a home on the Palos Verdes Peninsula remained steady this week . The following are excerpts from the newsletter on interest rates published by HSH Associates :"Mortgage rates continue to meander about, largely rangebound, as financial markets try to figure out where we g...

By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 5
When getting a mortgage many items are taken into account. These items includes your income, credit scores, assets, expenses, etc. One major expense can be if you have student loans. How mortgages address student loans is different than how we think of them. Such as, if your payments are deferred...

By John Meussner, #MortgageMadeEasy Costa Mesa, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 2
Conventional Loan Limit Increases for 2017      As expected, Fannie Mae & Freddie Mac have announced that conventional loan limits are set to increase as of January 1, 2017.  Since rate increases on these programs are tied to median home values, this increase was expected, and is finally some rel...

By Joan Cox, Denver Real Estate - Selling One Home at a Time
(Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373)
Comments 12
 Many buyers have lots of questions when thinking of buying a home.   A knowledgeable mortgage professional can answer many of these questions, and help guide a buyer to a loan program that will fit individually.   Buyers do not HAVE to have 20% down to buy a home, FHA only requires 3.5%.   There...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
 Commercial bond yields   CMB         GoC         Floating rateinsured cost of funds 5 Year - 1.63%*Canada housing 06/15/22 [-0.04]       5 Year - 1.16%CAN 0.50 03/01/22 [-0.04]       0.97%                      [-]                        10 Year - 2.30%Canada housing 06/15/27 [-0.08]       10 Ye...

By Ricky Khamis, NMLS 173141 | CADOC 173141 - 480-339-1565
(Amerifirst Financial, Inc.)
Comments 1

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 7
Anyone with a mortgage loan with a rate greater than 4.50% should really consider refinancing to a lower rate. They would be negligent to not at least explore the possibility.   Please visit the original blog if you wish to leave comments. With the recent reduction of the mortgage insurance premi...

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 1
Dear Readers -   Learning from other ActiveRain members is an essential part of my day. George Souto, a Mortgage Loan originator from Connecticut, is one of my main sources for keeping up to date with Mortgage info. "One of" due to the excellent writing of Rodney Mason , Joe Petrowsky and John M...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 11
I had a conversation with one of my favorite ActiveRain members Lynn B. Friedman a couple of weeks ago, and Lynn suggested I write a blog about what is The Biggest Delay In Processing A Mortgage Today.  I have written blogs about this in the past, but this is a topic which needs to be written ab...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
With S& P 500 futures pointing downward, MBS bonds and U.S. Treasuries began the day pointing toward their second consecutive day in the plus column.  With no economic reports on the calendar stocks fell a little farther from their string of record highs.  With a federal holiday looming, as the s...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 13 basis points today at 102.25 having closed above resistance offered by both the 50 and 25 day moving averages and broken through but closed below the 10 day moving average. The 30 year rate was at 4.25% today. If you have a rate of 5% or more it is st...

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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 5
“Can I do Commercial Mortgages?”   Hello, Joe!My brother and I are looking to refi the homestead up in Ludlow.  It seems anytime the word mortgage comes up in our family. 1. We do our checking with TD Bank and while I was there one day and out of curiosity I asked what they would have available, ...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 5
One of the best sections of George Souto 's series for first time home buyers was this post with advice on choosing a Realtor.  It's good to see the support from those we associate with in the business of real estate.  1st Time Homebuyer Seminars ..... Choosing A Realtor.  This part of the Semina...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 11
“She Would Have Gotten My Attention!” A woman in Colorado Springs was getting swamped with calls from strangers. A billing service had launched an 800 number that was identical to hers.When she called to complain, she was told to get a new number. "I've had mine for twenty years," she pleaded. "C...

By Michelle Cooks, Pensacola, Pace & Gulf Breeze Property Management
(Charles Stallions Real Estate Services)
Comments 0
Pensacola, Pace, Gulf Breeze Property Management, HAMP out and new foreclosure prevention program in. The Home Affordable Modification Program (HAMP) expires this year, but Fannie and Freddie say a new Flex Modification program will take its place. Read more.    Are you paying too much in Propert...

By Joyce Kelley, Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.
(Charles Stallions Real Estate Services Inc)
Comments 0
Home Buying in Gulf Breeze Florida 32561, Average U.S. 30-year mortgage rate falls to 4.12%. It's the second week of declines, following a surge in mortgage rates in the weeks after the Nov. elections. The average 15-year FRM dropped to 3.37%. Read more.      THOUSANDS OF HOMES... One Address www...

By Stephen Katz
(Katz Mortgage Team, a branch of VanDyk Mortgage Corporation)
Comments 3
Have questions about mortgages? Don't worry, we've got you covered. There are several options to help you out with your mortgage that not everyone knows about.Trying to figure out just exactly how a mortgage works? Don’t feel bad, the average home buyer doesn’t either. From how big a down payment...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 11
Some good news for those considering an FHA loan in the near future.  This is a reversal of the increase that went into effect a few years back.  FHA announced today that effective on January 27, 2017, the FHA Monthly Insurance Premium (MIP) Will Be Reduced To .55/.60.  MIP factors for LTV's 95% ...