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
Mortgage backed securities (MBS) closed up 19 basis points today at 102.8 having broken through resistance  offered by the 200 day moving average come to rest just exactly 1 basis point below resistance offered by the 10 day moving average. The 30 year was available at 4.00% today.  The 30 year j...

By Karen Schimpf
(Commercial Capital Ltd.)
Comments 4
We are a private money lender AND large commercial mortgage broker shop. We look at over 100 deals a month, talk to a ton of lenders and sources and have a real feel for the market-not from some statistician spouting facts but from looking at loans for real clients, all day, every day. If you wan...

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 1
Still worrying about the Republican tax plan as well as possible impending interest rate hike, futures traders created small early losses this morning.  After the market opened stocks took the news about GE's dividend cut pretty hard causing the Dow to fall about 17o points by mid session.  The y...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 12 basis points today at 102.59 having come to rest exactly 17 basis points below resistance offered by the 200 day moving average and remained below all the moving averages. The 30 year was available at 4.00% today.  The 30 year jumbo was at 4.125%.  Wh...
In the past year, Fannie Mae has loosened guidelines when it comes to how student loans payments are looked as monthly debts. This change is making it easier for those with larger student loan debt burdens, to obtain a home loan.  When it comes to obtaining a home loan, one of the critical compon...

By Julie Lipnitz
(Horizon Realty of Mackinac Island)
Comments 47
In my area there is a beautiful foreclosure on Lake MI that is held by BNY Mellon.  I have a buyer and want to get in touch with someone to close a deal.  But also the property has been left unlocked and has been stripped of counters, cabinets and the like and has not been winterized.  The potent...

By Trent Dalrymple (248) 854-0625, Helping Mortgage Brokers & LO's Lend Nationwide!
(American Mortgage Bank)
Comments 0
We're all about helping Mortgage Brokers compete with the large lenders and banks that have a nationwide presence!  If you LOVE your loan originator, this is how you can help THEM and YOUR clients! Contact me for details, at (405) 285-1234 ext. 141 or Trent@AmericanMB.com.

By Doug Dawes, Your Personal Realtor®
(Keller Williams Realty - Topsfield, MA)
Comments 4
Since yesterday was Veterans Day this information from the KCM people is a timely one. There are guidelines for a VA loan so it's important for the veteran to find an experienced mortgage broker familiar with VA loans. These loans do not require a downpayment and they are assumable. For some reas...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
With no economic reports to sway them, equity traders here were not able to gain much traction.  Oil remained just under $57 per barrel and the 10 year Treasury yield closed the day at 2.40%.  The  big news in the market was that General Electric cut its dividend for the first time since the Grea...

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 up 3 basis points today at 102.47 having come to rest exactly 28basis points below resistance offered by the 200 day moving average and remained below all the moving averages. The 30 year was available at 4.00% today.  The 30 year jumbo was at 4.125%.  Whet...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
  “House Flippers, a Great Source of Business”  Joe, I need your help.I can't tell where the water is coming in from. Can you refer a trustworthy home inspector? I am looking at a property and need someone that knows more than we do.Also, I know you mentioned possibly relooking at our house and d...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 9
Section 203(h) not only applies to Homeowners, but also to renters who were impacted by the lost of their property. Many homeowners have recently lost their homes  by the  devastating damage caused by Hurricanes Harvey in Texas, and Irma in Florida.  This destruction caused by these hurricane rem...

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 - 2.01%CANHOU 12/15/22 [+0.02]       5 Year - 1.68%CAN 1.0 09/01/22 [+0.02]       1.30%                     [-]                       5 Year - 2.07%*CANHOU 06/15/23   [+0.02]                               ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
With Gold expected to shoot upward in a currency realignment sometime around the beginning of next year, a small company that owns a massive gold deposit in Alaska has taken steps to clean up its image.  Tiny Canadian owned North Dynasty has hired a retired American Major General (2 star) and for...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed down 22 basis points today at 102.44 having come to rest exactly 31 basis points below resistance offered by the 200 day moving average and once again below all the moving averages. The 30 year was available at 4.00% today.  The 30 year jumbo was at 4.125%....

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 29
The Fall Market is here which means many First Time Homebuyers will be out looking to purchase their dream home before Winter sets in.  Purchasing a home can be overwhelming especially for First Time Homebuyers.  This is most likely the single largest expenditure they have ever made in their live...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
  “Who Says the Refinance Mortgage Business is dead?”  Hi Joe, How are you?Last year I purchased a waterfront cottage in Lebanon.  Yesterday the town finally signed off on the conversion of the home from seasonal use to year round use.  Now that this is done, I'm looking to refi the home as a sec...

By Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel
(RE/MAX Centre Realtors)
Comments 20
Home buyers should read this post before looking at homes. Greg  Souto is a great loan officer. Call him for your home mortgage needs  in Connecticut. If you are looking to buy a house in bucks county call me to be your buyer agent.  The Fall Market is here which means many First Time Homebuyers ...