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 Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 2
Commercial bond yields   CMB         GoC         Floating rateinsured cost of funds 5 Year - 1.63%*Canada housing 06/15/22 [+0.03]       5 Year - 1.09%CAN 0.75 09/01/21 [+0.02]       0.96%                      [-]                        10 Year - 2.31*Canada housing 06/15/27 [+0.04]       10 Yea...

By Matt Brady, Lending With Competence And Character
(Skyline Home Loans)
Comments 2
It is time to prepare your taxes! If you are a RE Agent or Mortgage Professional there is a good chance you are considered self-employed and there are a lot of deductions available to you. This list ,compiled from several sources helped jog my memory of buying things like tires for my car. I hope...

By Lori Webster, REALTOR Sharing Fountain Hills, Scottsdale & more
(RE/MAX Sun Properties)
Comments 2
So you've decided to purchase your first home in 2017. Congratulations! Purchasing a home is a huge decision, and it can be one of the most exciting and rewarding experiences of your life. But purchasing a home requires capital, and if your savings account is looking a little trim as we wrap up 2...

By Bill Ladewig, Experience Is Your Advantage
Comments 1
MORTGAGE INTEREST RATE LOCK ADVISORY January 13, 2017, 8:00 AM PT  1-15 Day Close:   LOCK  16-30 Day Close: FLOAT With Caution 31-45 Day Close: FLOAT With Caution Recommendations can change throughout the day.   Click for current Lock Advice  _____________________________________________________...

By Trent Dalrymple, Making Lending Easy for Mortgage Brokers
(United Wholesale Mortgage)
Comments 0
On February 2nd & 3rd in Walnut Creek, CAUnited Wholesale Mortgage (UWM) will be exhibiting at the CAMP 2017 Sales & Marketing Convention in Walnut Creek, CA! Visit with one of the Industry’s 50 Fastest Growing Companies - UWM and discover how we can help you grow with us!Thursday, February 2, 20...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 28 basis points today at 102.53 having been in positive territory most of the day.  MBS bonds tailed off at the end of the session and closed now 23 points below resistance offered by the 50 day moving average  The 30 year rate remained at 4.125% today...

By Nick and Cindy Davis, CRS,CLHMS,ABR,GRI,CIAS,ALHS,e-PRO,CDPE,SFR
(RE/MAX Premier Group)
Comments 2
According an action taken by the Consumer Financial Protection Bureau or CFPB, Equifax, TransUnion and their subsidiaries may have deceived consumers with regards to the usefulness and actual cost of credit scores they sold. See details here Transunion, Equifax reported for credit score fraud by ...

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
S&P stock futures started the day lower as the yield on the 10 year Treasury fell to 2.32% after having hit a high of 2.67% on December 15th.  Initial jobless claims came in at 247,000 this morning versus the 257,000 expected.  Quarterly earnings for 4 major banks including JP Morgan Chase, Bank ...

By John Meussner, #MortgageMadeEasy Costa Mesa, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 34
FHA Mortgage Insurance Reduced January 27      HUD has announced that as of January 27, 2017, all FHA loans will be subject to a reduced PMI rate, saving home buyers and home owners potentially thousands of dollars over current rates.      For those with FHA loans set to close prior to 1/27, it w...

By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
Here are your Mortgage Rates for the Houston Area Conventional 30 year Mortgage: 4.25%Credit score:740LTV:95%Loan Amount:$300kAPR: 4.68%FHA 30 year: 4%Credit Score:740LTV:96.5%loan amount:$300kAPR:5.20%Conventional 15 year: 3.5%Credit score:740LTV:95%Loan Amount:$300kAPR:3.66% Rates are Subject t...

By Rob Spinosa, Executive Loan Advisor, Marin Mortgage Broker
(RPM Mortgage, Marin County, CA)
Comments 4
Sigmund Freud & Low Down Payment Jumbo Mortgages In psychology, projection is a form of defense in which unwanted feelings are displaced onto another person, where they then appear as a threat from the external world.  Now in a minute, I am going to ask you to relax and tell me a little bit about...

By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY January 12, 2017, 7:45 AM PT  1-15 Day Close:   LOCK Today's Rate Improvement. 16-30 Day Close: FLOAT With Caution 31-45 Day Close: FLOAT With Caution Recommendations can change throughout the day.   Click for current Lock Advice  ____________________________...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 12
For those working on loans when escrow funds are needed to perform repairs after a closing, then this is a must read from George Souto .  There are times it's possible and sometimes other means may be required:   It is not uncommon for a Realtor or a Borrower to ask me if funds can be put into es...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 2
Terms The Bank Preferred Rates 1 Year 2.84% 2.29% 2 Years 2.79% 2.24% 3 Years 3.39% 2.49% 4 Years 4.09% 2.39% 5 Years 4.79% 2.49% 7 Years 5.85% 3.39% 10 Years 6.09% 3.69% VIRM 2.70% 2.20% The prime rate is 2.70%

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Gold continued its slow march upward today after losing the luster is showed in the first half of trading this year.  The Donald's comments continued to amaze pundits across the globe as he stated that Russia would have greater respect for the United States when he is President.  Whether or not t...

By Mike Bjork
(American Pacific Mortgage)
Comments 2
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
Fixed term best discounted rates & posted rates as of January 11, 2017 6 mos                                 3.10%         3.14%1yr                                     2.29%          3.04%2yr                                     2.14%          2.84%3yr                                     2.34%    ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 3 basis points today at 102.78 having been in positive territory most of the day.  MBS bonds tailed off at the end of the session and closed just 3 points below resistance offered by the 50 day moving average  The 30 year rate remained at 4.125% today....

By Andrew Mooers, Northern Maine Real Estate-Aroostook County Broker
(MOOERS REALTY)
Comments 4
Owner financing a home for sale in Maine. Sometimes the buyer could get bank financing, has all the price of the house for sale in cash. But his accountant said get a mortgage. A tad below the bank lending rates, something to slip into that is more comfortable. And without the overhead home inspe...