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 up 4 basis points today at 102.66 having remained above support offered by the 100 day moving average.  Only the 200 day moving average remains above as resistance.  The 30 year conforming rate remained at 4.125% today.  Whether in New England, the Mid Atla...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Term Posted Rate Preferred Rate 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% 2.35% 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 2.00% Prime 2.70% Benchmark 4.64%

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 22 basis points today at 102.44 having remained above support offered by the 100 day moving average.  The close was a whopping 62 points below the high of the day.  The 30 year conforming rate remained at 4.125% today.  Whether in New England, the Mid ...

By Nathan Gesner, Broker / Property Manager
(American West Realty & Management)
Comments 14
 Sean Whaling reminds us of some common tax mistakes to avoid. The filing deadline is Tuesday, April 18th!  As the dreaded tax filing deadline comes ever closer, real estate agents find themselves in a familiar position: how to pay as little tax as possible to Uncle Sam while staying off the rada...

By CHRIS MARTIN JR., Hard Money, Fix and Flip, Distressed property
(Chris Martin Jr. Hard Money)
Comments 1
"What's your MAX LTV?"I get that all day, every day. Everyone wants more leverage and less risk. The Borrower bases their financing decisions on the answers they get to questions they ask while loan shopping.But what are they really asking for?-LTV = loan to value: The amount of the loan compared...

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% 2.35% 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 2.00% Prime Rate 2.70% Benchmark Rate 4.64% Cost per...

By Margaret Kapranos, Matching Marin Sellers to Buyers! 415-608-5070
(Zephyr Real Estate)
Comments 0
    Home Ownership: Making the Dream a Reality   First Time Home Buyer or haven't owned a Home in 3 years? Need help buying a Home? Come to this free informational workshop to lear and assess:• Rent vs. Own … What's Right for You?• Is Marin at all affordable? Options and strategies you may not ha...

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 David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
Conventional 30 year Mortgage: 4.25%Credit score:740LTV:95%Loan Amount:$300kAPR: 4.58%FHA 30 year: 4.125%Credit Score:740LTV:96.5%loan amount:$300kAPR:5.30%Conventional 15 year: 3.625%Credit score:740LTV:95%Loan Amount:$300kAPR:3.86% Rates are Subject to ChangeCall me today if you are thinking of...

By Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents, Put 40 years of experience to work for you
(Lyon Real Estate)
Comments 8
Over communication or under communication in mortgage lending is bad on both accounts. I know it's setting high expectations to hope for otherwise, and I have been making a conscious effort lately to lower my expectations, but sometimes I lapse and still expect stellar performance. When that happ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 7
“Glad We Missed these Two Pilots from our Last Trip”  Aer Lingus Flight 101 was flying from Heathrow to Dublin one night, with Paddy the pilot, and Shamus the co-pilot. As they approached Dublin airport, they looked out the front window."B'jeesus," said Paddy "Will ye look at how fookin short dat...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“Using Your HELOC as a Down Payment”   Hi Joe, I know I should know this answer, but not sure. I have a colleague at the bank that is purchasing a second home which will be her primary residence.  Can she access her existing HELOC on her current home and use the funds as the down payment on her n...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 2
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% 2.44% 4 YEARS 3.89% 2.64% 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 2.10%

By Stephen Katz, Branch Manager, CMPS
(Katz Mortgage Team, a branch of VanDyk Mortgage Corporation)
Comments 1
Today I'd like to go over some things that you should consider if you're about to list your home for sale, especially if you're trying to find the most accurate price possible.                                                           You have to think of your home as a product when you sell it, ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
ADP, which traditionally announces its take on how many jobs had been created the previous month a day or two prior to the government numbers, announced that 263,000 jobs had been created versus the 175,000 expected.  Also the Fed in its minutes of March's Open Market Committee announced that the...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
With no major economic reports coming out today many elements of the market remained near the status quo.  The dollar index was just over 100, oil was just over $50 per barrel and Fed futures showed a 55% chance of a rate hike at the next meeting.  S & P stock futures pointed slight lower this mo...

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 0
Mortgage backed securities (MBS) closed up 6 basis points today at 102.62 having remained above support offered by the 100 day moving average.  The bond, which was down 22 basis points during the day, made a nice comeback.  Only the 200 day moving average remains above as resistance.  The 30 year...

By Michael Heiligenstein
Comments 1
If you're a short-term or long-term investor looking for quick funding and interest-only payments, then a rehab loan might be for you. These loans are used by new and experienced real estate investors to help purchase and renovate residential properties when they need funding. Rehab loans are gre...

By Matt Brady, Lending With Competence And Character
(Skyline Home Loans)
Comments 0
Here are the 25 markets with the highest returns for single-family homes Posted on Monday April 3, 2017 by Matt Brady in Mortgage + Real Estate Tips   A new list from RentRane is out on the top 25 rental markets with the highest average gross yield, with a heavy focus on non-coastal markets. How...