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 Danny Papadopoulos, Offering Private & Second Mortgages in Toronto
(Homebase Mortgages)
Comments 1
People constantly talk about predicting that the Toronto Housing Market is going to burst, but would you really believe them when investment genius Warren Buffet himself bought shares at mortgage lending company Home Capital Group Inc.? This isn’t just a show of support! This is a vote of confide...

By Joe Pryor, REALTOR® - Oklahoma Investment Properties
(The Virtual Real Estate Team)
Comments 8
Since 2004 Oklahoma City real estate investors have come from all over the world and up to 2006 good foreign national loans were available to residential real estate investors but that music stopped. After the meltdown even US citizens had a hard time getting mortgages but for foreign nationals i...

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
Remember yesterday when some better than expected economic reports gave stock traders concern about another possible fed rate hike this yea?.  Well welcome to the revolving door of news and investing.   Today the minutes of the Fed meeting were released and it appears many Fed members are still c...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 8
“Farm Life has its Challenges”   The Department of Labor claimed a farmer was not paying proper wages to his help and sent an agent out to investigate him.Department of Labor employee: I need a list of your employees and how much you pay them.Farmer:  Well, there's my farm hand who's been with me...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) were up 19 basis points today at 103.22 having come to rest 58 points above support offered by the 200 day moving average. The 30 year conforming remained at 4.00% today.  The 30 year jumbo was also at 4.125%.  Whether in New England, the Mid Atlantic or the Midwe...

By Danny Papadopoulos, Offering Private & Second Mortgages in Toronto
(Homebase Mortgages)
Comments 0
Most people get confused when referring to home equity loans and second mortgages because some websites may use the terms interchangeably, so how are they different?A second mortgage is actually a type of home equity loan. When mortgage professionals bring up the term home equity loan, they are u...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
After another down day in MBS and Treasury markets, we are locking rates for clients who will be closing in the near term.  I am still floating rates, however, for those whose closings are a  bit down the road.  The 10 year Treasury closed with a yield of 2.26 up from yesterday's 2.19 low.  July ...

By Wayne Bennett, Real Estate...As It Should Be
(One Home Team Realty/Charlotte,NC 704-293-3931)
Comments 0
Charlotte mortgage rates have been so low for such a long time that it would be surprising if area buyers didn’t begin to take them for granted. It’s only human nature. Addressing would-be home buyers who, though qualified, remain on the sidelines, government-sponsored Freddie Mac headlined the q...

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) were down 16 basis points today at 103.03 having come to rest 38 points above support offered by the 200 day moving average. The 30 year conforming remained at 4.00% today.  The 30 year jumbo was also at 4.125%.  Whether in New England, the Mid Atlantic or the Mid...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
Over the weekend the intensity of the rhetoric between the U.S. and North Korea quelled a bit.  That having been said, we still have a major portion of our Pacific fleet in the theater engaging in war games with South Korea and Japan.  There were no economic reports released today.  Tomorrow inve...

By Nick and Cindy Davis, CRS,CLHMS,ABR,GRI,CIAS,ALHS,e-PRO,CDPE,SFR
(RE/MAX Premier Group)
Comments 1
Have you been looking ahead to the long-anticipated news that the two dominant players in the home mortgage arena - Fannie Mae and Freddie Mac - finally made the decision to overhaul their outdated credit scoring systems to increase home-ownership opportunities for a broader array of consumers, s...

By Noel A. Shepherd, Lending from New Jersey to Virginia
(Fulton Mortgage Company, a Division of The Columbia Bank)
Comments 3
Are you working with any Medical Doctors, Dentist, Pharmacist or Veterinarians looking to purchase a new primary residence then our Medical Professionals Mortgage Program can be of assistance.  The Medical Professionals Program provide up to 100% financing to $1.5 million with NO Mortgage Insuran...

By Rodney Mason, FHA 203(k) & HomeStyle Renovation-AL,GA,TN
(On Q Financial)
Comments 3
Make your offer standout in a market where almost every home listing receives multiple bids. Show your Seller that you are serious about closing on time.Use the On Q Financial On Time Closing Guarantee and we guarantee that you will close on time or we will pay the Borrower and/or the Seller $1,0...

By Richard Zaretsky, Florida Real Estate Attorney
(THE ZARETSKY LAW GROUP - Board Certified Real Estate Atty and AUTOMATED LAND TITLE COMPANY)
Comments 8
One of the prominent questions regarding mortgage deficiencies and the new law on Florida's statute of limitations for enforcement of a mortgage deficiency is whether it applies to a Florida short sale.There has been uncertainty as to its application to short sales because the new law, which went...

By Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 2
Many times a client might wonder why do they need the trade lines?,they just want credit repair. Tell them this: We want to get rid of your negative, we want to add the positive and then tip the scales....I don’t know if you can see that in your head, tip the scale in your favor... it will offset...

By Gayle Beyer, Port St Lucie FL Real Estate Broker
(Welcome Center Realty 772-336-8583, FLA777)
Comments 4
As we enter our 7th year of the “7 year cycle” what is next? Exciting things I am sure.  Unfortunately the “crash cycle” has left many in need of credit repair to purchase again in the future. For those who may have Short Sold their previous property there may be a lot of clean up needed on othe...

By Troy Uderman
Comments 5
    Should your clients pay for credit repair? What are advantages of using a reputable credit repair company vs. doing it yourself? Well, let’s look at it this way. How many times have you and or one of your family decided to complete a home project on your own without professional help? How did...

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 - 1.93%*CANHOU 12/15/22 [-]       5 Year - 1.50%CAN 0.50 03/01/22 [-0.01]       0.98%                      [-]                       10 Year - 2.44%*CANHOU 03/15/28 [-]       10 Year - 1.89%CAN 1.0 06/01/2...