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 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 - 1.63%*Canada housing 06/15/22 [+0.01]       5 Year - 1.11%CAN 0.75 09/01/21 [+0.03]       0.96%                      [-]                        10 Year - 2.38*Canada housing 06/15/27 [+0.03]       10 Yea...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
The government jobs report was released this morning and revealed that 227,000 non farm jobs had been created in January.  This was not quite as good as the ADP report but was still enough to widely surpass the original expectation.  MBS bonds had a mercurial day rallying nicely this morning prio...

By Kathleen Daniels, San Jose Homes for Sale - Probate Broker
(KD Realty - 408.972.1822)
Comments 27
Is it the Blood Moon or Just a Dumb-Ass Lending Request?I don't know if it was the Blood Moon and eclipse we had early this morning or if I just have zero tolerance for ABSURDITY.  It could be both, but likely just zero tolerance for dumb-ass requests from underwriters. BUT, I am feeling like I a...

By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY February 3, 2017, 7:55 AM PT  1-15 Day Close:   FLOAT 16-30 Day Close: FLOAT With Caution 31-45 Day Close: LOCK Recommendations can change throughout the day.   Click for current Lock Advice  ___________________________________________________________________...

By Pat & Sharon Mistowski, Horizon Lending Services, LLC
(Horizon Lending Services, LLC)
Comments 1
The Home Affordable Refinance ProgramPut into place by the Obama administration HARP (Home Affordable Refinance Program), is a federal program designed to assist homeowners in the refinancing of their home with the goal of attaining a lower interest rate. The federal government established this p...

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 Mike Bjork
(American Pacific Mortgage)
Comments 2
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 Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 3
  Just Released New Higher FHA Mortgage Limits List FHA - Maryland   Please share this information with your friends that may need to refinance their mortgages as well as your friends that may wish to use FHA financing for their home purchase. FHA is a wonderful mortgage product that has a small ...

By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY February 2, 2017, 7:55 AM PT  1-15 Day Close:   FLOAT 16-30 Day Close: LOCK 31-45 Day Close: LOCK Recommendations can change throughout the day.   Click for current Lock Advice  _______________________________________________________________________  MARKET I...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 12
“Sometimes it’s Better to be Lucky” I was a very happy man. My wonderful girlfriend and I had been dating for a few years, and so we decided to get married. There was only one little thing bothering me...It was her beautiful younger sister. My prospective sister-in-law was twenty-two, wore very t...

By Dennis Dahlberg
(Level 4 Funding )
Comments 0
 Industries have needed to get a little help from the government in the past, but this time it is not an industry but a city—Atlantic City. The resort city could use a good commercial bridge loan, but it hoping to get one from the state.When the U.S. government stepped in to bail out the banking ...

By Andrea Bedard, M.A.; REALTOR® Silver Spring, MD and beyond
(Thompson Company, REALTORS®)
Comments 0
House shopping in Silver Spring, MD? Please get a loan preapproval first! The last thing you want to do is fall in love with a home just to find out that it's a) out of your price range or b) already under contract by the time you've talked to a lender or c) you are not quite ready to buy a home!...

By Bridget McGee, Maryland Mortgage Mama NMLS#196068
(Corridor Mortgage Group 410-960-2061)
Comments 3
Financially Naked- Documents Needed For A Mortgage What Documents Do I Need For A Mortgage Approval? To determine if you qualify for a loan lenders require a lot of documentation. The day of the "NO DOC" loan is gone. These days, most lenders require you to get what a client once called "financia...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“My Referral Partners Make Me Look Good”  Mark,Jeff and I would like to thank you for the very detailed and educational home inspection you completed for us this week in Glastonbury. We were incredibly impressed with your attention to every small detail and will most definitely be referring you t...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
We have survived the first Fed Open Market Committee of the year without any major damage.  Tomorrow we will see if thegovernment jobs report for January paints as rosy a picture as the ADP report did yestereday.  Keep in mind that historically the ADP numbers can vary greatly from the federal re...

By Rick Elmendorf
(Elmendorf Team | Caliber Home Loans)
Comments 0
Mortgage rates are sitting still this week, with little to no increase or decrease. The 30-year fixed rate didn't change while the 15-year fixed rate inched up to 3.41 percent. Along with this, mortgage applications decreased last week, the market composite index fell 3.2 percent.  The big news o...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed up 16 basis points today at 102.12 having closed 9 basis points above the 10 day moving average which has now become a level of support.   The 30 year rate was at 4.375% today.  If you have a rate of 5% or more it is still not too late to refinance; especia...

By Mike Young, FHA 203k Consultant 707-812-7668
(203kOnLine.com, covering California & most other states)
Comments 0
Everyone, I'd like to introduce you to the newest FHA 203k consultant in Sacramento. Lando Matthews recently received his certification from FHA and is officially a 203k consultant. He just finished his first full 203k on his own and you can expect very good things from him in the future. He and ...

By J.R. Orenstein
(STATE FARM INSURANCE - J.R. ORENSTEIN AGENCY)
Comments 5
  J.R. Orenstein, State Farm Agent   Tel: (866) FOR-COVERAGE   Web: www.JRorenstein.com or www.SeguroNuevaYork.com or www.Shop4Insurance.net If you are a Loan Officer, are you currently taking advantage of a close Insurance Contact?  If not, you should!  As a Loan Officer, you're job is to find t...

By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 2
Here are your Mortgage Rates for the Houston Area Conventional 30 year Mortgage: 4.375%Credit score:740LTV:95%Loan Amount:$300kAPR: 4.78%FHA 30 year: 4.25%Credit Score:740LTV:96.5%loan amount:$300kAPR:5.40%Conventional 15 year: 3.75%Credit score:740LTV:95%Loan Amount:$300kAPR:3.86% Rates are Subj...