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 Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
With no economic reports coming out today stocks rallied mildly as what people are calling the Trump slump faded.  Fed funds futures are still calling for a 74% chance of a Fed rate hike in June.  Apparently the Fed does not care about the deleterious effect that would likely have on hte stock ma...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 3 basis points (bps) today at 103.00 having fallen to 34 basis points below resistance offered by the 200 day moving average.  The 30 year conforming remained 4.00% today while the 30 year jumbo was available at 4.125% today.  Whether in New England, t...

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 - 1.37%Canada housing 06/15/22 [+0.05]       5 Year - 0.95%CAN 0.50 03/01/22 [+0.05]       0.99%                       [-]                        10 Year - 1.97%Canada housing 06/15/27 [+0.04]       10 Yea...

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
Terms Posted Rates Preferred Rates 6 MONTHS 3.14% 3.10% 1 YEAR 3.04% 2.34% 2 YEARS 2.84% 2.14% 3 YEARS 3.44% 2.34% 4 YEARS 3.89% 2.44% 5 YEARS 4.64% 2.54% 7 YEARS 5.30% 3.19% 10 YEARS 6.10% 3.69% Rates are subject to change without notice. OAC E&OE  Prime Rate 2.70% 5 yr variable 2.00%

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed down 12 basis points (bps) today at 103.06 having fallen to 30 basis points below resistance offered by the 200 day moving average.  The 30 year conforming remained 4.00% today while the 30 year jumbo was available at 4.125% today.  Whether in New England, ...

By Dora Griffin, NMLS 6380
(D A Griffin Financial.LLC)
Comments 0
 Turmoil in Washington Could Be Good For Rates Long term interest rates can hit some pretty rough patches. There is always something going on that drives them up or down. This week we've seen some changes because of the turmoil in Washington. The changes have been to the good because the news is ...

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 Stephen Katz, Branch Manager, CMPS
(Katz Mortgage Team, a branch of VanDyk Mortgage Corporation)
Comments 1
Whether you're buying or selling a home, you're going to have to go through the negotiation process. Today I will be outlining the four major stages of negotiations. Ideally this will prepare you for anything that may come your way.  1. Getting the offer accepted: You have agreed on price, terms,...

By Will Nesbitt, Nesbitt Realty is a family-run brokerage.
(Nesbitt Realty at Condo Alexandria)
Comments 1
The four stages of negotiations when buying or selling a home is a pertinent Real Estate blog that is relevant to the Real Estate industry. Scroll down to see the entire blog. Whether you're buying or selling a home, you're going to have to go through the negotiation process. Today I will be outl...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Fixed term best discounted rates & posted rates as of May 18, 2017 6 mos                                 3.10%         3.14%1yr                                     2.34%          3.04%2yr                                     2.14%          2.84%3yr                                     2.34%        ...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Core Lending)
Comments 0
Conventional 30 year Mortgage: 4%Credit score:740LTV:95%Loan Amount:$300kAPR: 4.38%FHA 30 year: 4%Credit Score:740LTV:96.5%loan amount:$300kAPR:5.30%Conventional 15 year: 3.5%Credit score:740LTV:95%Loan Amount:$300kAPR:3.76% Rates are Subject to ChangeCall me today if you are thinking of refinanc...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
The whirling dervish that is the White House and it's occupant's unusual activities took their toll in equity markets here today.  U.S. Treasuries and Mortgage backed securities were the beneficiaries of a large sell off in stocks today.  The effect of all the Trump controversies swirling about a...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 5
  Every mortgage has to have Title Insurance, but most of us in Real Estate and Real Estate related Industries most likely have very little knowledge of what is covered under a Title Insurance Policy.  The Connecticut Mortgage Bankers Association (CMBA) recognizes that and is hosting a CMBA Title...

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...
As I write this post, Redfin is entering the mortgage-banking business.  Their goal is to completely digitize the home buying process by offering an end-to-end service that starts with searching for homes and ends with lending.  So what does this mean, if anything, for your business and the indus...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 50 basis points (bps) today at 103.69 having risen to within 18 basis points of resistance offered by the 200 day moving average.  The 30 year conforming fell to 4.00% today while the 30 year jumbo was available at 4.125% today.  Whether in New England, ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
With both the Standard & Poors 500 and the NASDAQ having closed at record highs yesterday stock future traders dared to open even higher this morning.  Both housing starts and building permits were down over 2% in April versus March's numbers.  A strong earnings report for Home Depot p;pushed the...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 5
“Great Response!”  A flight attendant was stationed at the departure gate to check tickets. As a man approached, she extended her hand for the ticket and he opened his trench coat and flashed her.Without missing a beat, she said, "Sir, I need to see your ticket, not your stub."           

By Michelle Cooks, Pensacola, Pace & Gulf Breeze Property Management
(Charles Stallions Real Estate Services)
Comments 1
Pensacola, Pace, Gulf Breeze Property Management: Average U.S. 30-year mortgage rate slips to 4.23%Freddie Mac: Long-term mortgage rates are down from their highest levels of 2017. Last week, the 30-year FRM was 4.30%; 15-year FRM was 3.50%, now is 3.44%. Read more. Are you paying too much in Pro...