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 CHRIS MARTIN JR., Hard Money, Fix and Flip, Distressed property
(Chris Martin Jr. Hard Money)
Comments 0
Seems hard money lenders are popping up like mushrooms.Reminds me of the subprime boom 2001-2006, withhundreds of lenders competing to fund non-prime deals. Subprime has a bad name now, so 'hard money' seems to be the catch all phrase of the moment. It covers hard money, subrime and dirty alt-A.S...

By CHRIS MARTIN JR., Hard Money, Fix and Flip, Distressed property
(Chris Martin Jr. Hard Money)
Comments 0
Fix and Flip RATES DROPPED FOR CALIFORNIA TODAY. Too much cash, not enough deals. It's a good time to be a flipper!We have seen a tremendous influx of capital of late. Rates have responded, and we are now 2+% lower than a year ago. More buying power is pushing us to fund bigger deals or a much hi...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
A lot of folks work out of their houses.  In order to deduct expenses, however, it must be your principal workplace and the space must be used regularly and exclusively as an office.  In my case, my bank has no physical office available so I use a portion of my house every day as my office.  In o...

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 1
Mortgage backed securities (MBS) closed down 12 basis points today at 102.56 having remained 31 basis points 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 En...

By Joyce Kelley, Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.
(Charles Stallions Real Estate Services Inc)
Comments 1
 Home Buying in Gulf Breeze Florida 32561,  Conforming mortgage limits go up in 2017For the first time since 2006, the federal government has increased the maximum amount of a conforming loan by $7,100, boosting it to $424,100 in most regions. Read more.      THOUSANDS OF HOMES... One Address www...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 4
 CHFA announced yesterday New Connecticut Housing Finance Authority (CHFA) Sales Price Limits For 2017 will go into effect on Monday, April 17, 2017, however,  CHFA Income Limits will remain the same.  The new revised CHFA Sales Price Limits for 2017 have not been posted yet.  I will provide a li...

By Matt Brady, Lending With Competence And Character
(Skyline Home Loans)
Comments 0
If you remember, right after the election in November, the stock market started to climb based on assumptions of pro-business policies that the Trump campaign had promised.While Wall Street was very bullish, and the Dow climbed, the bond market suffered and mortgage interest rates went up very qu...

By CHRIS MARTIN JR., Hard Money, Fix and Flip, Distressed property
(Chris Martin Jr. Hard Money)
Comments 0
"Where's my next deal coming from?"As a Hard Money Broker, I speak with hundreds of house flippers annually, and in our age of unlimited high LTV funding, inventory is now our key concern. Seems only yesterday we were twising arms for one off deals for 65%LTV purchase-only money.Off-market invent...

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 38 basis points today at 102.69 having remained above support offered by the 100 day moving average.  Now only the 200 day moving average remains as resistance.  The 30 year conforming rate remained at 4.125% today.  Whether in New England, the Mid Atlan...

By Mitun Bhowmick, BG/SBLC FOR LEASE
(Bhowmick LEASING COMPANY )
Comments 5
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 5
    “Client Wants to Build their own Home”  I have been doing construction loans for clients for a long time. From time to time I get a request from a client wanting to build their own home even though they are not a licensed contractor, but have some experience. This client did all the renovatio...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 1
We SELL Homes in Pensacola Florida 32514. Pensacola mortgage rates, home sales and prices to rise in 2017. On the bright side, a rise in mortgage rates could stem home price increases and lead to a more balanced market in the number of buyers and sellers. Read more.                       THOUSAND...

By Michelle Cooks, Pensacola, Pace & Gulf Breeze Property Management
(Charles Stallions Real Estate Services)
Comments 1
Pensacola, Pace, Gulf Breeze Property Management, Failure to qualify for a mortgage: Top 3 reasons One out of eight mortgage applications ends in rejection, with a Fed study finding a high debt-to-income ratio as the top reason (23.4%) followed by credit score problems (20.4%) and issues with the...

By Michelle Cooks, Pensacola, Pace & Gulf Breeze Property Management
(Charles Stallions Real Estate Services)
Comments 1
Pensacola, Pace, Gulf Breeze Property Management, Mortgage rates keep rising after Trump's election win, Long-term mortgage rates continued to surge last week, rising above the psychological threshold of 4% (to 4.03%) - the highest level since summer 2015. Read more.      Are you paying too much ...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 16
The eyes are the “windows of the soul”. Here is what we have gleaned from sitting in on numerous photo shoots with some of the top portrait professionals, and what you can observe from looking at movie posters when the stars are featured as part of the advertising.  The eyes are the “windows of t...

By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Comments 2
 Latest rates, based on 20 percent down, $200,000 owner-occupant mortgages. The rates and terms may vary; check with lenders for details. Rates may have changed click here to varify    ♦ Accelin Loans LLC 699-6991 NMLS#1574660           15-YR Fixed 2.750  1.500  3.070 30-YR Fixed 3.500  2.500  3....

By Jenniffer Lee, Broker/Owner/Realtor at RE/MAX Comple Solutions
(RE/MAX Complete Solutions)
Comments 2
Thanks George Souto for originally sharing this! FHFA announced today the Maximum Conforming Loan Limits For Fannie Mae & Freddie Mac Will Increase In 2017.  The new posted maximum conforming loan limits for 2017,  will increase by 1.7%.  The new limits will apply to loans delivered and or closed...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
It is not only the U.S. government that leaks secrets.  On Monday our neighbors to the north leaked out a story that legalization of marijuana, which has been widely anticipated there, was a done deal.  Many of the widely held pot stocks jumped in the range of 10% when word of the leak hit the st...