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 0
Mortgage backed securities (MBS) closed down 34 basis points today at 100.22 They remained below resistance offered by the 10, 25 and 50 day  moving averages and come to rest 86 basis points below the 10 day.  The 30 year was available at 4.25% today.  The 30 year jumbo was at 4.375%.  Whether in...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
As I was thinking about what I would write in this post it occurred to me that with all the large losses in the MBS market in recent days it seems like Ground Hog Day.  What with losses of 34, 47 and 22 in recent days, it did really seem like the Bill Murray movie when the same thing happened day...

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 - 2.47%*CANHOU 06/15/23 [+0.05]       5 Year - 2.15%CAN 1.0 09/01/22 [+0.06]       1.45%                     [-]                       10 Year - 2.74%*CANHOU 03/15/28 [+0.05]       10 Year - 2.38%CAN 1.0 0...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 5
Anyone planning to purchase a home with financing (or possibly going through the process now) should read this excellent post from George Souto with critically useful information about the process:    No matter how many times a Loan Originator tells Borrowers what to do and what not to do during ...

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
Mortgage backed securities (MBS) closed down 47 basis points today at 100.50 They remained below resistance offered by the 10, 25 and 50 day  moving averages and come to rest 70 basis points below the 10 day.  The 30 year was available at 4.25% today.  The 30 year jumbo was at 4.375%.  Whether in...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
The Atlanta Fed did its best today to derail Mortgage Backed Security (MBS) bonds today when it predicted that the Gross Domestic Product would be up 5.4% in the 1st Quarter.  The potential for that kind of productivity is the kind of good news that destroys bonds.  As we all know, as bonds sell ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Today was Fed day when the Fed's Open Market Committee concluded its meeting and Janet Yellen held court at her last news conference as Fed Chairman.  The Fed message was a bit hawkish sighting a somewhat stronger economy and anticipating rising inflation during the next twelve months.  The Dow, ...

By Mitun Bhowmick, BG/SBLC FOR LEASE
(Bhowmick LEASING COMPANY )
Comments 11
We are direct provider for BG/SBLC specifically for lease, at Leasing Price: 3.5% of Face Value plus (0.5+X)% commission fees to brokers, Issuance by HSBC Bank London , Barclays Bank London,ICBC (London) Our BG/SBLC Financing can help you get your project funded, loan financing by providing you w...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 8
“Happy Ending?”    A couple was invited to a swanky New Year's Eve costume party.Unfortunately, the wife came down with a terrible headache and told her husband to go to the party alone.He protested, but she said she was going to take some aspirin and go to bed and there was no need for his good ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Stocks experienced the largest two day sell-off since June 2016 today.  Traders are concerned that the increasing yields of Treasuries and MBS bonds will push mortgage interest rates higher.  We should be concerned a s well because if this trend continues rates will be higher.  Amazon, Warren Buf...

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 up 6 basis points today at 101.00 after having been down as many as 44 basis points during the session.  They remained below resistance offered by the 10, 25 and 50 day  moving averages and come to rest 28 basis points below the 10 day.  The 30 year was ava...

By Rodney Mason, FHA 203(k) & HomeStyle Renovation-AL,FL,GA,TN
(On Q Financial)
Comments 2
Don’t lose another bid!We’ll pay both the Buyer and Seller $1,000 each if we don’t close on time!I am licensed in AL, GA, FL, & TN for all of of your real estate needs.This offer is part of our On Time Closing Guarantee with this 15 day special now through the end of February! Contact me to get s...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“They took me down Memory Lane”    Thank you once again for doing our refinance and once again, you have made our lives so much better. When we left your office we couldn’t help but remember the first time we came to you 16 years ago. Alan had referred us because the home our daughter was living ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
 Mortgage backed securities (MBS) closed down 22 basis points today at 101.06 after having been down as many as 41 basis points during the session.  They remained below resistance offered by the 10, 25 and 50 day  moving averages and come to rest 37 basis points below the 10 day.  The 30 year was...

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%                          2.89%2 year                          3.24%                          2.54%3 year               ...

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 Danny Papadopoulos, Offering Private & Second Mortgages in Toronto
(Homebase Mortgages)
Comments 0
An increase in Canada’s mortgage rates will eventually happen and when it does, the national real estate market will get one of the biggest shocks it will ever have in the past 3 decades or so. There is fear that the real estate bubble will burst and policymakers are busy trying to prevent that f...

By Lisa Perry, Northern VA-80/15/5 100% Loans - Grant Money
(FHA, VA, Jumbo, Downpayment Assistance, Conv.)
Comments 0
1.  If you have a bankruptcy on your credit report.  You can lessen the impact of the bankruptcy by managing credit responsibly going forward. "Responsibly" means paying your bills on time each month, and making sure the amount you borrow is manageable.Lenders generally view a bankruptcy on your ...