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 Donald Payne
(Vision Realty)
Comments 0
When you are refinancing or looking for a new home, if you are self-employed there are some slightly different documents needed for the home buying an application process. I've worked through this process with many self-employed individuals and although it's a bit trickier, it's not impossible. H...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 6 basis points today at 102.50 having remained below resistance offered by all 5 moving averages. The 30 year was available at 4.00% today.  The 30 year jumbo was at 4.125%.  Whether in New England, the Mid Atlantic or the Midwest or anywhere else in t...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
If the change in the MBS bond pricing looks wrong to you today, you are a good observer.  The reason is last night was the monthly rollover for the expiring month and today's price reflected the new month's pricing.  Remember this is fed week and the Fed's Open Market Committee began its meeting ...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 2
Fixed term best discounted & posted rates as of Dec 11, 2017 6 mos                                 3.10%         3.14%1yr                                     2.64%          3.04%2yr                                     2.54%          3.24%3yr                                     2.69%          3.44...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed down 16 basis points today at 102.66 having once again fallen below support offered by all 5 moving averages. The 30 year was available at 4.00% today.  The 30 year jumbo was at 4.125%.  Whether in New England, the Mid Atlantic or the Midwest or anywhere el...

By Bill Kamboukos
(Strategic Mortgage)
Comments 0
The FHA Home Loan program continues to be one of the most popular home loan programs. It can be used to purchase a home with as little as a 3.5% down payment, is more flexible on credit standards than a conventional and also provides great options for refinancing when you don’t have a lot of equi...

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 George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 6
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 Lisa Perry, Northern VA-80/15/5 100% Loans - Grant Money
(FHA, VA, Jumbo, Downpayment Assistance, Conv.)
Comments 1
5 Actions that can hurt your credit score during the Holiday Season!With the holiday season comes lots of spending on gifts, decorating, entertaining, and vacationing.  Overspending can also hurt your credit and your ability to get a mortgage. Are you hoping to buy a home in the New Year? Don’t l...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
Mortgage backed securities (MBS) closed down 9 basis points today at 102.78 having remained above support offered by the 10 and 21 day moving averages and fallen below support offered by the50 and 200 day moving averages. The 30 year was available at 4.00% today.  The 30 year jumbo was at 4.125%....

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
A stronger than expected jobs report propelled both the Dow and the S&P 500 to new record highs today.  The government reported the creation of 228,000 new non-farm jobs in November exceeding the expected 190,000.  The unemployment rate remained at a nominal 4.1%.  The House and the Senate approv...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“Multifamily Homes as an Investment Vehicle”  Hey Joe, Hope all is well. I just had a few questions on how to go about purchasing my next multi family? What is some stuff I’ll need to get in order? Finally is it better to try and purchase as an llc or should I keep purchasing them in my name? Als...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 7
The federal government requires all federally regulated or insured mortgage lenders to require borrowers to maintain flood insurance if the property to be mortgaged is in a high risk flood area.  Please visit the original blog if you wish to leave comments. The federal government requires all fed...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 7
The waiting periods following bankruptcy to apply for a mortgage loan from either FHA, USDA/RD, or VA, are somewhat different than those for conventional loans sold to or insured by FNMA.  Yesterday's blog postaddressed the waiting periods imposed by FNMA.  Please visit the original blog if you w...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 9
The guidelines  for waiting periods after bankruptcy are almost as confusing as the guidelines for short sales and foreclosures.  The guidelines will be provided in two parts so as to keep things short and simple.  This post will address conventional loans and tomorrow I will develop the guidelin...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 3 basis points today at 102.84 having remained above support offered by the 50 and 200 day moving averages and closed 19 basis point below resistance offered by the100 day moving average. The 30 year was available at 4.00% today.  The 30 year jumbo was...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
 Today is the 76th anniversary of the sudden ruthless attack by the Japanese at our Pacific naval headquarters at Pearl Harbor.  As President Roosevelt put it, "a day that will live infamy....the United States of America was suddenly and deliberately attacked by naval and air forces of the Empire...

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 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 - 2.05%*CANHOU 06/15/23 [+0.01]       5 Year - 1.66%CAN 1.0 09/01/22 [+0.01]       1.37%                     [-]                       10 Year - 2.30%*CANHOU 03/15/28 [+0.02]       10 Year - 1.86%CAN 1.0 0...

By John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 25
You're Looking Out for Veterans?      In today's issue of "I love my business but sometimes hate my industry", I read today that there's a federal investigation into the "churning" of VA loans, which, if you've been in the mortgage industry for more than a few months, falls into the "duh" categor...