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 John Meussner, #MortgageMadeEasy Costa Mesa, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 17
Conventional Loan Blessing, or Much Ado About Nothing?      Recently, there's been a lot of talk about Fannie Mae's increasing debt-to-income threshold, along with changes to credit reporting that should reduce the number of folks effected by judgments and liens when it comes to a mortgage applic...

By Mike Young, FHA 203k Consultant 707-812-7668
(203kOnLine.com, covering California & most other states)
Comments 0
The contractor's bid must match the consultant's bid!NO IT DOESN'T ! SO THERE.Do you want to know why it takes some lenders 45-60 days to close a FHA 203k loan and others 5-6 months yet some are consistently under 30 days? They all ready the same guideline but interpret it differently.1) For year...

By Bob Thompson, 562.344.5626 | ALT-Doc, No Income HELOCs and Private Money, AltDocLoan.com - Residential and Commercial Loans
(Wholesale Account Executive)
Comments 0
Private Money Loans for Non-Owner Occupied properties. Loans for purchase and refinance up to 80% LTV. Terms: 1, 2, 3 or 4 year loans amortized for 30 or 40 years. Rates from 7% and 2 points.NO minimum FICO score required.Interest reserve options in lieu of reserves. 7-10 day close of escrow in C...

By Bob Thompson, 562.344.5626 | ALT-Doc, No Income HELOCs and Private Money, AltDocLoan.com - Residential and Commercial Loans
(Wholesale Account Executive)
Comments 0
We are available for discussions with clients regarding this and our other financing sources. We represent numerous sources of capital including Banks, Hedge Funds, Conduits, Life Insurance companies, Credit Unions, REIT's, Pension Fund Advisors, and both private and institutional equity sources....

By Trent Dalrymple (248) 854-0625, Helping Mortgage Brokers & LO's Lend Nationwide!
(American Mortgage Bank)
Comments 0
July 15th - Today in American History1752 - In a dangerous experiment, Benjamin Franklin demonstrated the relationship between lightning and electricity by flying a kite during a storm in Philadelphia. An iron key suspended from the kite string attracted lightning. (Pictured above)1836 - Arkansas...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“Unfortunately it doesn’t Work that way” Hi Joe, We have scheduled the utilities turned on for the inspection, and to have the de-winterization for June 13-14, 2017.  We will need to get the appraisal done for June 15th to 17th, 2017.   There are a few things that need to happen before an FHA app...

By Trent Dalrymple (248) 854-0625, Helping Mortgage Brokers & LO's Lend Nationwide!
(American Mortgage Bank)
Comments 0
July 8th - Today in History1776 – Church bells (including possibly the Liberty Bell) are rung after Col. John Nixon delivers the first public reading of the Declaration of Independence at Independence Square in Philadelphia.1865 - C.E. Barnes patented the machine gun. (above drawing)1889 – The fi...

By Stephen Katz, Branch Manager, CMPS
(Katz Mortgage Team, a branch of VanDyk Mortgage Corporation)
Comments 1
It's unfortunate, but many people think that they can't afford to purchase a home because they don't have a large down payment saved up. Today, I discuss some down payment assistance programs that are available to homebuyers.  Down payment assistance programs provide buyers money to use as a down...

By Debra Leisek
( Bay Realty,Inc Homer Alaska)
Comments 4
Very good information from George Souto  This can solve problems for people at a time when they need this kind of help! There are major property issues when a marriage ends in divorce.  The same is true when two people who are not married purchase a property together and then decide to go their s...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 6 basis points today at 102.62 having remained above support offered by the 100 day moving average and closed 5 basis points above it. The 30 year conforming remained at 4.125% today while the 30 year jumbo was available at 4.25%.  Whether in New England...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Despite the fact that there was an alert to lock due to a sizable drop in MBS rates after a strong morning rally, we are calling to float rates as we enter next week.  The Dallas Fed President Kaplan indicated that he would like to see more evidence of inflation prior to taking any steps to raise...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
After having spoken before congress yesterday and not strongly advocating for rate hikes, Janet Yellen appeared before the Senate banking committee this morning.  Meanwhile there was an auction for $12 billion 30 year  U.S. Treasury bonds this afternoon.  Only 247,000 initial jobless claims were ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
“None of Us have Ever had this Issue, Correct?”    WINDOWS: Please enter your new password.USER: cabbageWINDOWS: Sorry, the password must be more than 8 characters.USER: boiled cabbageWINDOWS: Sorry, the password must contain 1 numerical character.USER: 1 boiled cabbageWINDOWS: Sorry, the passwor...

By Trent Dalrymple (248) 854-0625, Helping Mortgage Brokers & LO's Lend Nationwide!
(American Mortgage Bank)
Comments 0
July 14th - Today in American History1798 - The U.S. Congress passed the Sedition Act, making it a federal crime to write, publish, or utter false or malicious statements about the U.S. government. 1868 - Alvin J. Fellows of New Haven, CT., patented the tape measure. 1874 – The Chicago Fire of 18...

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 Leonardo D Yepes, Jumbo, Physician and Construction to Perm Loans
(Citizens One Home Loans)
Comments 6
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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%*Canada housing 12/15/22 [-0.04]       5 Year - 1.52%CAN 0.50 03/01/22 [-0.04]       0.98%                       [-]                        10 Year - 2.34%Canada housing 06/15/27 [-0.03]       10 Y...

By Trent Dalrymple (248) 854-0625, Helping Mortgage Brokers & LO's Lend Nationwide!
(American Mortgage Bank)
Comments 5
When I was young I did not like Broccoli, I wouldn't even try it.  I would rather eat... Corn.  I was familiar with corn, I had always eaten corn, I was just fine with corn, it would be my one and only vegetable.  Like I said, I was a kid, what did I know?   When I grew older, and not much taller...

By Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818
(Re/Max Eastern inc.)
Comments 3
As a Real Estate Agent we need to know there are options for our clients . They depend on our knowledge Under this Fannie Mae option the spouse or co-borrower retaining the property can refinance the property up to 95% LTV in stead of 80% LTV.  Again this is a huge advantage when a property has d...

By Stephen Katz, Branch Manager, CMPS
(Katz Mortgage Team, a branch of VanDyk Mortgage Corporation)
Comments 0
Are you looking to buy your first home? Well look no further, because I’m here to walk you through the entire process!Step 1: Determine if you are ready to purchase a house. This is something that only YOU can decide, however, here are two key points to keep in mind:-          Why do you want to ...