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 Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 5
Term Posted Rate Preferred Rate 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% 2.69% Fixed 4 Year 3.89% 2.94% Fixed 5 Year 4.99% 2.94% Fixed 7 Year 5.30% 3.69% Fixed 10 Year 6.10% 3.74% Variable 2.35% Prime 3.20% Benchmark 4.99%

By Matt Brady, Lending With Competence And Character
(Skyline Home Loans)
Comments 1
Here in San Diego, 2018 will bring higher loan limits for Conforming, High Balance Conforming, FHA and VA loans. Just like the rest of the country will be allowed to go up to $453,100 for a conforming loan. High balance and VA loans with 100% financing will be able to go to $649,750! Here is a li...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 3
Traders were still dreaming of a tax overhaul as Christmas presented and they traded their way into record high closings for all three major U.S. markets.  Oil traded at around $57  per barrel and the Empire State Manufacturing Index came in as expected.  Next week is busy week for market movers ...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 9
The advantage of using a VA Loan is that the Veteran can get 100% financing... Exempt Veterans from Paying the VA Funding Fee The advantage of using a VA Loan is that the Veteran can get 100% financing without a down payment. This is available on his principal residence purchase. Most other loans...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 4
For those of you considering a loan for a home purchase (or a refinance), here's some great information from Diane Beaumont about loans you might want to consider: Are you in the market for a new home? If you have been talking to friends and family or researching online, you have likely come acro...

By Dee Toohey, Broker, ABR, AHWD, CIPS, FMS, ePro
(Innovative Realty Solutions Group)
Comments 2
I had my last closing for the year.  I wanted to share some details with you because this is something I have never experienced with a VA Loan before, as a lender or REALTOR®.The loan was submitted to VA for final VA approval about a week before Christmas with a closing date of 12/4/17.  First we...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 5
“Understanding Your Credit Cards”   Hi Joe,Does my credit usage need to be below 70% or below 30% ideally? I want to do everything humanly possible to get my credit scores higher, so that when I am ready to buy a home this coming spring, I am completely ready and can get the best possible interes...

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 6 basis points today at 102.75 having fallen through support  offered by the 50 day moving averages and come to rest just 1 basis point below it. The 30 year was available at 4.00% today.  The 30 year jumbo was at 4.125%.  Whether in New England, the M...

By Diane Beaumont, USDA,FHA,Jumbo,VA Woodland Park, CO Mortgage
(Benchmark Mortgage)
Comments 8
Are you in the market for a new home? If you have been talking to friends and family or researching online, you have likely come across quite a bit of mortgage-related advice. As with anything, there is low-quality advice out there which is essential to avoid. In today's blog post we will share f...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
“Thank GOD GPS came Along”   As a bagpiper, I play many gigs. Recently, I was asked by a funeral director to play at a graveside service for a homeless man. He had no family or friends, so the service was to be at a pauper's cemetery in the Nova Scotia back country.As I was not familiar with the ...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 4
   Fed raises short-term benchmark rate by 25 basis points -- leaves investors with expectation for three more hikes in 2018.  News is mortgage interest rate neutral.     The mortgage market has improved on the news, which is the opposite of what most would think, but very typical of the credit m...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
In the wake of yesterday's Fed funds rate hike and the huge gains for MBS, the bonds retained 31 basis points of the advance as the market closed today.  Stock futures began the day on a positive note as traders assessed the possible stock deal involving Disney and Twenty First Century Fox. Later...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 3 basis points today at 102.78 having fallen through support  offered by the 200 day moving averages and come to rest just 3  basis points below it. The 30 year was available at 4.00% today.  The 30 year jumbo was at 4.125%.  Whether in New England, th...

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 3
Well the long wait is over.  The Fed Open Market Committee concluded its meeting today and their decision to raise their fed funds rate, the rate that they charge member banks to borrow money over night, was raised by .25%.  The part of their statement that helped MBS bonds was the acknowledgment...

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 3
“I Have an Ideal Loan Product for this Client”  Joe, I need your help. My boss has 7 residential properties. I want to refinance them and package them in a commercial loan. Right now his interest rates are too high and he has one that is an interest only. He shows all losses on tax return but hig...

By Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent
(Platinum Properties)
Comments 27
Exempt Veterans from Paying the VA Funding FeeThe advantage of using a VA Loan is that the Veteran can get 100% financing without a down payment. This is available on his principal residence purchase. Note that most other loans do require some type of down payment.The Department of Veterans Affai...

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...