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 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 Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 3
   ×It looks like you are using an ad blocker in your browser.This may cause challenges with your Personalized Posts, and prevent the share buttons from appearing with each post. We recommend whitelisting the KCM website or changing your settings to prevent any potential issues.   Where Are Lanca...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 5
    “When Clients Move to States I am Not Licensed”   Hi Joe - So, just to update you as to what we're thinking. We have been searching for a home in another State (for many reasons). The State of CT has not been kind to us, on a business level, for many years. There are beautiful properties with...

By Lorraine Santirosa, #1 San Diego Military Relocation Expert!
(Mission Realty Group)
Comments 6
Does Countrywide now Bank of America owe you money? -The Justice Department is confronted with a challenging task of locating over 200,000 alleged victims and establishing a method of compensation after a $335million dollar fair lending settlment with Bank of America's Countrywide unit. The agree...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.04% 2.79% Fixed 2 Year 3.24% 2.94% Fixed 3 Year 3.44% 2.99% Fixed 4 Year 3.89% 3.29% Fixed 5 Year 5.14% 3.14% Fixed 7 Year 5.30% 3.69% Fixed 10 Year 6.10% 3.74% Variable 2.50% Prime 3.45% Benchmark 5.14%

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 - 2.41%*CANHOU 06/15/23 [-0.06]       5 Year - 2.08%CAN 1.0 09/01/22 [-0.06]       1.49%                     [-]                       10 Year - 2.72%*CANHOU 03/15/28 [-0.03]       10 Year - 2.35%CAN 1.0 0...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 8
  Did You Conduct a Year-End Review?  For many businesspersons, the end of one year and the beginning of the next signals the need for a year-end review.  And while I always conduct such a review of my own business, I typically don't share my findings publically.    But this year, I'm going to sp...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 3 basis points today at 102.69 having come to rest 33 basis points below the 10 day moving average.  The 30 year was available at 4.375% today.  The 30 year jumbo was also at 4.375%.  Whether in New England, the Mid Atlantic or the Midwest or anywhere ...

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
Both stocks and bonds continued to be plagued by more volatility today.  The Dow Jones Industrials which opened higher, was down 500 p;points during the session prior to closing up 330.  Correspondingly the 4.0% coupon Mortgage Backed Securities, which we are now following due to the higher rate ...

By Bob Thompson, 562.344.5626 | ALT Doc, No Income HELOCs, Bob Thompson Capital Advisors - CRE & Residential
(Bob Thompson Capital Advisors, Account Executive)
Comments 1
  Stated Income Home Equity Line of Credit 1)  (NIVA) Home Equity Line of Credit (HELOC), No Income Verified - Verified Assets Owner-Occupied, Non-Owner Occupied and Second Homes, SFR's, 2-4's and Condos. No Income is listed on the Application. 620+ FICO needed. FICO over 700 first 6 months star...

By Stephen Katz, Branch Manager, CMPS
(Katz Mortgage Team, a branch of VanDyk Mortgage Corporation)
Comments 1
It happened, you found your perfect house. Congratulations, you’re one step closer to homeownership! You reach out to the listing agent, only to find out that someone else wants the house too. Now you are faced with a bidding war (wait… what?). Before you start to panic, we’re here to explain how...

By Mike Frazier, Northwest Tennessee Realtor
(Carousel Realty of Dyer County)
Comments 4
Earlier today I got to thinking about a current client who made an offer 3 weeks ago on a house at $95,000 but the seller countered much higher. It is listed at $115,000. My client kept telling me he wants to get the house and will pay up to $100,000 and no more.I ran some numbers and was astonis...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 16 basis points today at 102.81 Having come to rest 7 basis points below the 200 day moving average.  The reason for the huge change is the pricing today is that we changed from the 3.50% coupon to the 4.00% coupon.  The 30 year was available at 4.25% ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 8
“I wonder what the Officer was thinking?”   A wife went to the police station with her next-door neighbor to report that her husband was missing. The policeman asked for a description. She said, "He's 35 years old, 6 feet 4, has dark eyes, dark wavy hair, an athletic build, weighs 185 pounds, is ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Today was an unusual day during with all three major stock indices had small losses at the same time as MBS bonds were sliding downward once again.  The MBS bonds have fallen so far in a short period of time that we are now watching the 4.00% coupon.  In recent weeks I have spoken about the impor...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 15 basis points today at 102.69 having come to rest 41 basis points below the 10 day moving average.  The 30 year was available at 4.375% today.  The 30 year jumbo was also at 4.375%.  Whether in New England, the Mid Atlantic or the Midwest or anywhere...

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 Mike Bjork
(American Pacific Mortgage)
Comments 1
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
While Mortgage backed securities continue to falter, U.S. equity marketing are being hammered. It is a rare day when all three of the major indices here experience triple digit losses.  Today the Dow had a four digit loss losing 1,032 points, the NASDAQ lost an astonishing 274 points and the S&P ...