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 Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY January 11, 2017, 7:45 AM PT  1-15 Day Close:   FLOAT With Caution 16-30 Day Close: FLOAT With Caution 31-45 Day Close: LOCK Recommendations can change throughout the day.   Click for current Lock Advice  ______________________________________________________...

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's 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
After the traumatic effect the election and the subsequent Fed rate hike had on interest rates, we have begun to see some progress in rates coming back down.  30 year fixed conforming rates which had risen from the mid threes all the way up to 4.375%,  were back at 4.125% today.  Rates which alwa...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 9 basis points today at 102.62 having come to rest 174 basis points below the 200 day moving average.   The 30 year rate remained at 4.125% today.  If you have a rate of 5% or more it is still not too late to refinance; especially for those jumbo loans. ...

By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
The government(HUD) just made a huge announcement on FHA loans, the monthly mortgage insurance is going down. This is great news as this allows more buying power to those looking to purchasing a home.  Here are the specifics:  For those loans with a loan to value of over 95% the monthly MI goes f...

By Doug Jones, Mortgage Broker - NMLS 286668
(Mortgage Magic)
Comments 1
First email I read this morning for one of our banks:FHA just announced they lowered their monthly MIP effective on closing/disbursement dates on or after January 27, 2017. The FHA MIP dropped 25bps in most cases and even more in some other situations. This is a huge improvement!How much improvem...

By Bill Ladewig, Experience Is Your Advantage
Comments 1
MORTGAGE INTEREST RATE LOCK ADVISORY January 10, 2017, 7:55 AM PT  1-15 Day Close:   LOCK 16-30 Day Close: LOCK 31-45 Day Close: LOCK Recommendations can change throughout the day.   Click for current Lock Advice  _____________________________________________________________________________ MARK...

By Bridget McGee, Maryland Mortgage Mama NMLS#196068
(Corridor Mortgage Group 410-960-2061)
Comments 50
  Should I Put My Girlfriend or Boyfriend On The Deed to the House?   I got a call from a young lady buying her first home.  She asked about putting her boyfriend on the title to the home.  They plan to be married eventually, but have no current plans.  Some things to note:  All of the money that...

By Matt Brady, Lending With Competence And Character
(Skyline Home Loans)
Comments 2
Great News!The FHA announced this morning that it is lowering the annual premium 25 bps.  It is effective for loans with a closing or disbursement date on or after January 27th, 2017.  By making the change effective for loans closed instead of case numbers assigned, it eliminates a lot of the con...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 19 basis points today at 102.50 having made back half of Friday's loss and come to rest 186 basis points below the 200 day moving average.   The 30 year was at  4.25%  once again today.  If you have a rate of 5% or more it is still not too late to refina...

By Matt Brady, Lending With Competence And Character
(Skyline Home Loans)
Comments 0
The markets are quiet this morning for a change.  Treasury yields are little changed from yesterday’s close.  There is no major scheduled economic news today. It took a day like today to make me realize we have been on quite a ride recently. It feels like we survived the first big drop off the ro...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Gold has steadily advanced from the 1,140s up into the 1,180s over the past few days.  It seems the announcement of the Muslim trade has been postponed until March.  It is highly expected, however, that Donald Trump will announce during or after his inauguration speech that he will lift a water r...

By HomeInsurance.com LLC
(HomeInsurance.com)
Comments 2
One of the most popular resolutions when the clock strikes midnight kickstarting the new year is to be smarter with spending. If your goal is to save more money, make this the year that you actually stick to your resolution.Since it’s 2017 and there’s an app for everything, we compiled a list of ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 3 basis points today at 102.53 having made back half of Friday's loss and come to rest 183 basis points below the 200 day moving average.   The 30 year fell to 4.125% today.  If you have a rate of 5% or more it is still not too late to refinance; especia...

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's 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 4
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's driving the interest rates for that particular day and some thoughts about short- term and long- term trends with the Interest...

By Nick and Cindy Davis, CRS,CLHMS,ABR,GRI,CIAS,ALHS,e-PRO,CDPE,SFR
(RE/MAX Premier Group)
Comments 1
Mortgage insurance premiums  ( MIP ) on FHA-backed loans will be lower by 25 basis points on loans endorsed beginning January 27, the federal government released yesterday. See how this could help you HUD Reduces FHA MIP by way of a Quarter Point

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
TERM POSTED PREFERRED RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 2.99% 2.39% Fixed 2 Year 2.84% 2.14% Fixed 3 Year 3.39% 2.34% Fixed 4 Year 3.89% 2.54% Fixed 5 Year 4.64% 2.64% Fixed 7 Year 5.30% 3.19% Fixed 10 Year 6.10% 3.69% Variable Rate 2.15% Prime Rate 2.70% Benchmark Rate 4.64% Cost per ...

By Melanie Narducci, Your San FranciscoBay Area Real Estate Expert
(Hillscape Properties, Inc.)
Comments 17
Appraisals Aren't Always Equal San Francisco's housing stock is so varied in style, age and condition, that it can be a challenge to appraisers and agents alike in pricing properties.  Developers of new buildings set their own prices with their preferred lenders, but sellers of existing homes nee...

By Karen Schimpf
(Commercial Capital Ltd.)
Comments 0
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...