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 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:5.40%Conventional 15 year: 3.625%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 10
“Southern Divorce Hearing....Priceless!”     A judge was interviewing a South Carolina woman regarding her pending divorce and asks, "What are the grounds for your divorce?""About four acres and a nice little home in the middle of the property with a stream running by." "No," he said, "I mean wha...

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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 5
“It is Time for us to Act”    Joe,Thanks for the quick message and the conversation. You asked how I got on your website and am not 100% sure, but put in a couple of different searches and you came up each time. I ended up reading a couple of your blogs on LinkedIn, very impressive profile. I cou...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 6 basis points today at 102.16  having remained above resistance offered by the 50 day moving average at 102.05 and closed to within 33 basis points of the 100 day moving average. The 30 year conforming rate remained at 4.25% today.  Whether in New Engla...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Fixed term best discounted preferred rates & posted rates as of March 23, 2017 6 mos                                 3.10%         3.14%1yr                                     2.44%          3.04%2yr                                     2.14%          2.84%3yr                                     2...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
After a record 110 days without a one day lost of 1% the Dow and the NASDAQ closed down more than 1% yesterday.  This morning S & P 500 futures were pointed lower once again.  Meanwhile MBS bonds experienced their fifth advance in the last five sessions.  It will be interesting to see how stocks ...

By Jason E. Gordon, Sr. Mortgage Loan Officer, CMPS, CDPE, CMHS
(AmeriFirst Financial Inc, San Diego, CA)
Comments 2
 It is no secret that qualifying for a mortgage loan is often more challenging for Borrower's who are Self-Employed.  Freddie Mac has just announced a change to how these Business Owners must document their income (and this change is effective immediately):Documentation Requirements -- The number...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Terms Posted Rates Preferred 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% Rates are subject to change without notice. OAC E&OE  Prime Rate 2.70% 5 yr variable 2.20%

By Lyn Sims, Schaumburg IL Area Real Estate
(RE/MAX Suburban - Northwest Suburbs of Chicago)
Comments 6
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 JoAnn Moore, Home Loans in Delaware
(The Mortgage Market of Delaware)
Comments 5
Eight Reasons to Refinance your MortgageSince there seems to be a trend of rising interest rates, you may be wondering if you should refinance your home mortgage. There are several reasons why this might make a lot of sense. Here are a few:      If your current jumbo loan or the combination of yo...

By Natalie Fallbach, Senior Loan Officer, Military Housing Specialist
(Academy Mortgage)
Comments 0
Most of us in this industry are used to the traditional 30 year fixed loans regardless if it’s FHA, VA, USDA or Conventional. Many lenders can offer these types of loans and most of the time the loan products, interest rates and qualifying factors will be the same with a few varying factors such ...

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 Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 2
Term Preferred Rate Our Rate 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 2.00% Prime 2.70% Benchmark 4.64%

By Amanda S. Davidson, Your Alexandria Virginia Real Estate Agent
(Amanda Davidson Real Estate Group)
Comments 11
John Meussner with Mason-McDuffie Mortgage Corporation shares an excellent post with us. The Fed increasing rates doesn't mean it's time to panic over mortgage rates. Check out John's post to see how the Fed affects mortgage rates - you might be surprised at what you find! How Does the Fed Affect...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 25 basis points today at 102.09  having broken through and closed above resistance offered by the 50 day moving average at 102.05. The 30 year conforming rate remained at 4.25% today.  Whether in New England, the Mid Atlantic or the Midwest or anywhere e...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
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 Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
As we have seen many times before, uncertainty sometimes has a larger affect on markets as actual news.  That was the case today as a lack progress regarding tax cuts and health care reform caused equity markets to stumble with triple digit losses for the Dow and the NASDAQ.  Oil fell nearly anot...

By Michelle Cooks, Pensacola, Pace & Gulf Breeze Property Management
(Charles Stallions Real Estate Services)
Comments 0
Pensacola, Pace, Gulf Breeze Property Management, Fed leaves rates alone with no hint of future hikesThe Federal Reserve made no change to interest rates that directly impact adjustable-rate mortgages and can indirectly influence fixed-rate mortgages. Read more. Are you paying too much in Propert...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 1
We SELL Homes in Pensacola Florida 32514, Conforming mortgage limits go up in 2017For the first time since 2006, the federal government has increased the maximum amount of a conforming loan by $7,100, boosting it to $424,100 in most regions. Read more. THOUSANDS OF HOMES.... One Address www.charl...