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 0
Finishing your basement isn’t just about increasing your living space, it is an investment in home improvement that can significantly affect you home’s value and increase your home equity when done right.You have to make sure that you take certain precautions to ensure that your new finished base...

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 Interes...

By Angelo Cusinato, CRMS, CMC, Mortgage Specialist NMLS # 207204
(First Centennial Mortgage)
Comments 3
I recently received a call from someone looking to refinance a current mortgage.  She had already been approved by Rocket Mortgage but a Realtor friend suggested that maybe the easy way wasn't the smartest way to get a mortgage.  She called, sent me her disclosures and I was shocked to see the ex...

By Michael Mahoney, Boston Realtor with eXp Realty
(eXp Realty)
Comments 0
Can I Use My Tax Refund to Purchase a Home? I'D LIKE TO PUT MY TAX REFUND TOWARDS MY DOWN PAYMENT, BUT I KNOW THAT THE FUNDS FOR MY DOWN PAYMENT NEED TO BE IN MY ACCOUNT WELL BEFORE MY LOAN CLOSES. WILL THIS BE A PROBLEM?" Typically, loan specialists require that your initial installment be "sour...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
President Trump's saber rattling roiled equity markets today and send funds into the perceived safety of fixed rate products like Treasuries and mortgage backed securities.  Apparently he is still on the fence as to whether he should pull the trigger on bombing Syria and cause Vladimir Putin to g...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 9 basis points today at 102.44 resting 3 points below resistance offered by the 50 day moving average.  The 30 year was available at 4.50% day.  The 30 year jumbo was also at 4.50%.  Whether in New England, the Mid Atlantic or the Midwest or anywhere els...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Boy it did not take long for the news of the subpoena visit on Trump's attorney to lose it's negative effect on the market.  The market futures soared when China President XI Jinping promised to cut tariffs and open the country's economy.  Meanwhile Fed President Kaplan suggested that the economy...

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 2
Once again President Trump used words to assuage markets into feeling better about potential trade wars with China.  He stressed today that a resolution could be achieved by trade talks.  In fact, his Chief Economic Advisor Larry Kudlow said it, "might turn out to be very benign."  During the ses...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 6 basis points today at 102.53 resting 3 points above support offered by the 50 day moving average.  The 30 year was available at 4.50% day.  The 30 year jumbo was also at 4.50%.  Whether in New England, the Mid Atlantic or the Midwest or anywhere else...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 1
Lock Watch for the Week of 4/9/2018 Volatility-O-Meter:Sticking with "High."  We have a volatile stock market driven by fears of a trade war.  We have Facebook's CEO in front of Congress and we have potential military action in Syria.  Add that to auctions, PPI and CPI and it's enough for a thril...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 37
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 separate ways.  One of the issues that pops up all the time is how to handle the distribution of the equity in the proper...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 4
Mortgage backed securities (MBS) closed down 3 basis points today at 102.84 having fallen to within 6 basis above resistance offered by the 200 day moving average. The 30 year conforming remained at 4.00% today while the 30 year jumbo was at 4.25%.  Whether in New England, the Mid Atlantic or the...

By Trent Dalrymple (248) 854-0625, Helping Mortgage Brokers & LO's Lend Nationwide!
(American Mortgage Bank)
Comments 0
Rob Foley, a Loan Originator in Oklahoma, originated his client's out-of-state mortgage on a Georgia property with our Contract Originator Program and he can help your borrowers too - in all 50 states! Well done Rob!  I wish this was available when I was originating.When I was a loan officer, I c...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 2
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.04% 2.99% Fixed 2 Year 3.24% 3.19% Fixed 3 Year 3.44% 3.04% Fixed 4 Year 3.89% 3.39% Fixed 5 Year 5.14% 3.19% Fixed 7 Year 5.30% 3.39% Fixed 10 Year 6.10% 3.84% Variable 2.40% Prime 3.45% Benchmark 5.14%

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 0
Mortgage backed securities (MBS) closed down 3 basis points today at 102.5 resting 79 points below resistance offered the200 day moving average.  The 30 year was available at 4.50% day.  The 30 year jumbo was also at 4.50%.  Whether in New England, the Mid Atlantic or the Midwest or anywhere else...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
“Nothing more Valuable than Testimonials”    Anyone looking for an amazing mortgage broker please consider reaching out to Joe Petrowsky NMLS # 6869. He has been amazing and very supportive helping me every step of the way with closing the deal on my very first home!!! Thank you so much Joe for e...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
          “Buying a Short-Term Rental Property”      Hey Joe I hope you are well. We are down here loving Florida! My wife and I would like to buy a short-term rental property to help increase our income. Not sure what my best option might be for financing. Use equity in my house for down payment...

By Bill Kamboukos
(Strategic Mortgage)
Comments 1
It is certainly possible to obtain a home purchase loan, after a foreclosure, short sale or bankruptcy. However, in order to do so, it’s important to know that different home loan programs have different waiting periods to obtain a new home loan. In addition, there are some general guidelines to ...