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 Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 8
For those who may be involved in a real estate transaction after or during an unfortunate divorce process, you may want to look at this post from George Souto to avoid issues that can arise: Going through a divorce is very stressful, and when going through a divorce clear thinking is often challe...

By Darin Osenberg
(Funky Quail Vintage)
Comments 28
Hello everyone!  Everyone on AR,and in the Realestate Market...I am sure KNOWS that USDA loans (where applicable) are arguably the BEST PRODUCT OUT THERE!!!  However, did you know that you can purchase a home that needs some LOVE and FINANCE the improvements?  All with NO MORTGAGE INSURANCE AND A...

By JoAnn Moore, Home Loans in Delaware
(The Mortgage Market of Delaware)
Comments 21
Eight Reasons to Refinance your MortgageSince there seems to be a trend of rising interest rates, you may be wondering if you should refinance your home mortgage. There are several reasons why this might make a lot of sense. Here are a few:      If your current jumbo loan or the combination of yo...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 6
All buyers should be given a thorough report on the estimated closing costs that they will face when purchasing a property.  This should be done by their Realtor and/or their lender prior to making any offers om a home:  Yesterday I wrote a blog titled "Seller Closing Costs Can Be Substantial" an...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 14
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By Trent Dalrymple (248) 854-0625, Helping Mortgage Brokers & LO's Lend Nationwide!
(American Mortgage Bank)
Comments 0
Mortgage Brokers and Loan Originators:  When a client asks if you can help them with their loan for a property out of state, prepare to say YES! Realtors, Real Estate Brokers and Agents: Share this information with your favorite Mortgage Broker and Loan Originators so they can help your clients N...

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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“A Qualified Home Buyer by Next Month”     Here is the update Joe, as of tomorrow the credit card balance is paid in full, the cox cable one is processing and the medical collections will be processed by Tuesday and the lady said she deleted it from all the credit bureau's systems so it will neve...

By Angelo Cusinato, CRMS, CMC, Mortgage Specialist NMLS # 207204
(First Centennial Mortgage)
Comments 2
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 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 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 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 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...