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 1
The 800 pound gorilla in the room continues to be the Fed 2 PM new conference following the conclusion of the Open Market committee meeting tomorrow.  As we have come to expect, Janet Yellen will dazzle us into dozing with her seemingly ceaseless use of arcane terms and oblique references as she ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
The waiting game is finally over and Janet Yellen and her cohorts at the Federal Reserve have spoken.  MBS bonds steered sharply into rally mode despite the fact that two more rate hikes for this year were confirmed.  Essentially there were no surprises in Yellen's comments after the meeting.  St...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities closed up 78 basis points today at 101.66 having smashed through resistance offered by 10 day moving average. The better news is that it closed at its high of the day.  That bodes well for tomorrow's trading.  The 30 year conforming rate remained at 4.375% again today. ...

By Stephen Katz
(Katz Mortgage Team, a branch of VanDyk Mortgage Corporation)
Comments 2
For those of you who wanted to know, “What does the process look like for a first-time home buyer?” I have your answers for you!If you are looking to buy a home, you are at the point where you feel financially stable and want to invest in your future instead of throwing away your money by renting...

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 Debbie Solano, ALC, CRS -- Land & Country Estates near Tulsa
(Coldwell Banker Select, Realtors -- Tulsa, Oklahoma)
Comments 16
I heard that it is next to impossible to get a mortgage on a single-wide mobile home, so I sought advice around the office. One "seasoned" real estate agent told me she doesn't list them because "they aren't real estate."  I understood the undertone better than the words.  This is not the right a...

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% 2.44% Fixed 2 Year 2.84% 2.14% Fixed 3 Year 3.39% 2.34% Fixed 4 Year 3.89% 2.59% Fixed 5 Year 4.64% 2.59% Fixed 7 Year 5.30% 3.44% Fixed 10 Year 6.10% 3.84% Variable Rate 2.10% Prime Rate 2.70% Benchmark Rate 4.64% Cost per ...

By Sonja Patterson, Texas Monthly 5-Star Realtor Recipient for the Hou
(Executive Real Estate Services)
Comments 6
I received a call from an older couple last week who wanted my thoughts regarding a refinance of their current mortgage.    So, I asked them a few questions to better understand their situation and to grasp the goals they wished to accomplish. Basically, they wanted to reduce the time they payed ...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Terms Posted Rates Preferred Rates 6 MONTHS 3.14% 3.10% 1 YEAR 3.04% 2.44% 2 YEARS 2.84% 2.14% 3 YEARS 3.44% 2.34% 4 YEARS 3.89% 2.59% 5 YEARS 4.64% 2.69% 7 YEARS 5.30% 3.24% 10 YEARS 6.10% 3.79% Rates are subject to change without notice. OAC E&OE  Prime Rate 2.70% 5 yr variable 2.20%

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities closed up 12 basis points today at 100.88 having recovered slightly since yesterday. The 30 year conforming rate remained at 4.375% again today.  We will continue to watch rates carefully as Wednesday's Fed Open Market Committee approaches. Whether in New England, the M...

By Lynn B. Friedman, Concierge Service for Our Atlanta Sellers & Buyers
(Atlanta Homes ODAT Realty Call/Text 404-939-2727 Buckhead - Midtown - Westside -- and more ...)
Comments 2
Dear Readers -   Learning from other ActiveRain members is an essential part of my day. George Souto, a Mortgage Loan originator from Connecticut, is one of my main sources for keeping up to date with Mortgage info. "One of" due to the excellent writing of Rodney Mason , Joe Petrowsky and John M...

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 Zurple Marketing Team, Zurple, Client Generation Software for Agents
(Zurple)
Comments 0
In today's Agent Insights - Teresa Cowart - a Georgia based Re/Max agent,shares some common delays in the real estate closing process and what agents can do to keep things running smoothly.Here's Teresa:The entire home buying process entails a lot of time and decision making, which is why we have...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 8
“You Helped Me Achieve My Dream of Home Ownership”  Joe,I can’t express how grateful I am for you helping me achieve my dream of homeownership. You told me early on that it was going to be a challenge and it was a long a bumpy road, but I’m so glad that neither of us gave up.I am so happy with my...

By Trent Dalrymple
(Independent Consultant)
Comments 0
NAMB East  March 16, 2017 10:00 am to March 18, 2017 5:00 pm ESTContacthttps://www.eventbrite.com/e/namb-east-registration-now-open-tickets-28411197657 LocationOmni Atlanta Hotel at CNN Center100 CNN Center NWAtlanta, GAUnited StatesContact: Valerie Saunders  Event DescriptionThis premiere event ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Stock traders were reluctant to take any aggressive positions with The Fed's Open Market Committee looming.  Everyone expects a rate hike and wonders whether that will propel the dollar higher as foreign investors will be able to earn a premium for holding U.S. Treasuries vs bonds from other nati...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities closed down 34 basis points today at 100.75 having fallen to its lowest level in over two years. The 30 year conforming rate remained at 4.375% again today.  We will continue to watch rates carefully as Wednesday's Fed Open Market Committee approaches. Whether in New En...

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 Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Comments 0
Pamela Madore Pamela Madore Mortgage 806-290-1920 pamelamadoremortgage.com Do You Have Income, Good Credit, or Money? My career spans more than 30 years helping people buy or sell their home or refinance to maybe take some cash out or just to get a lower rate. Over the last several years I have a...

By Mike Young, FHA 203k Consultant 707-812-7668
(203kOnLine.com, covering California & most other states)
Comments 4
How can I close my renovation loan faster?What is it that takes a 203k or renovation loan so long to close escrow? The short answer is that everyone in the transactions is looking at the consultant, emailing and calling, distracting the driver so to speak. It is like a magician, lets take your ey...