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 George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 19
Two to three years ago VantageScore Solutions and the Consumer Federation of America (CFA) conducted a survey on Do Consumers Really Understand Credit Scores And Their Impact?   The survey  revealed some results I would not have expected, especially among the Millennial Generation. One thing whi...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 10
“I wonder how closely they sat next to one another.”   Boudreaux was out of work and found an ad in the paper that said "Electrical engineer needed."So, he went to the power company and hand delivered his resume.After reviewing the resume, Mr. Don (da boss) was astounded by Boudreaux's tenacity t...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 11
1st Time Homebuyer Seminars ..... Processing & Underwriting The Loan.  Now that we have covered in the 1st Time Homebuyer Seminars, the The Opening Questions,  Pre-Qualification Process, process of Choosing A Realtor, Shopping For A House, and Applying For A Mortgage.  The next component of the ...

By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
Conventional 30 year Mortgage: 4.375%Credit score:740LTV:95%Loan Amount:$300kAPR: 4.68%FHA 30 year: 4.375%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 Subject to ChangeCall me today if you are thinking of...

By Karen Butler, Destin/Fort Walton Relocation Specialist
(RE/MAX Coastal Properties)
Comments 1
Ally Home Loans, which is the newly created direct-to-consumer mortgage arm of Ally Bank, only jumped into mortgages at the end of last year, and it's already broadening its suite of products. The mortgage company announced it will start offering Fannie Mae's HomeReady mortgage loan to better cat...

By Cara Marcelle Mancuso, Call a Marana neighbor, I'm THERE!
(Long Realty - Dove Mountain, Marana AZ)
Comments 3
Buyers read a lot of DONT'S when making a loan application here in Tucson and Marana, AZ, and it can be a scary process. Today's let's focus on some of the DO's and how you can help make this process easier!DO's DO call your mortgage professional if you have any questions, and feel free to run th...

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 Stephen Katz
(Katz Mortgage Team, a branch of VanDyk Mortgage Corporation)
Comments 0
It's unfortunate, but many people think that they can't afford to purchase a home because they don't have a large down payment saved up. Today, I discuss some down payment assistance programs that are available to homebuyers.  Down payment assistance programs provide buyers money to use as a down...

By Mike Bjork
(American Pacific Mortgage)
Comments 0
  Like: Home > Blogs > Mike Bjork > Mike Bjork's (mbjork) Blog Daily Market Report 3/7/17   By Mike Bjork Mortgage and Lending with American Pacific Mortgage NMLS #275652/1850 Email Short URL  Share: March 07, 2017 09:51 AM Report     http://MikesDailyMarketReport.com:  Provides a synopsis of th...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 2
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% 2.34% 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 2.10% Prime Rate 2.70% Benchmark Rate 4.64% Cost per ...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 6
Thanks to George Souto , here's some information for lower income buyers that could make the difference between becoming a new home owner or contiuning their rental lifestyles:   I have written about how Section 8 Housing Assistance Vouchers Can Be Used To Purchase A House in the past, however, t...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
As March madness begins in earnest, the economic headlines are getting ready to explode as well.  This week's jobs report will garner at lot of attention as will the Fed's much anticipated action to raise the federal funds rate.  Equity markets here cannot seem to decide whether to soar or to swo...

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% 2.44% 2 YEARS 2.84% 2.14% 3 YEARS 3.44% 2.34% 4 YEARS 3.89% 2.59% 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 2.20%

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities closed down 16 basis points today at 101.72 having fallen further below support offered by the 25 and 50 day moving averages. MBS bonds closed just 3 basis points above their low of the day. The 30 year conforming rate was clinging to 4.25% again today.  We will watch r...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
S & P Futures did not show much promise today in the wake of yesterday's moderate losses.  The U.S. treasury auctioned off $24 billion worth of 3 year notes today and the auction registered only C - rating.  It seems as if a little luster is coming off the post election Trump rally.  Uncertainty ...

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 closed flat today at 101.88 having remained below support offered by the 25 and 50 day moving averages. MBS bonds, which opened down a gap, had been down 20 points during the session . Friday's wish for MBS bonds will level off came true at least for one day. The 30 yea...

By Robert Bob Gilbert, Your Katy TX ( West of Houston) Real Estate Expert
(Berkshire Hathaway HomeServices Anderson Properties)
Comments 12
This article shown below was written by George Souto which discusses do Consumers really understand Credit Scores. I personally believe most folks are marginally aware of the importance of credit scores. I have seen older folks with a much higher awareness than the younger Millennial group who be...

By Dorie Dillard, Realtor-Canyon Creek- NW, Austin TX Homes For Sale
(Coldwell Banker United Realtors® ~ Subsidiary of NRT, LLC)
Comments 7
  If you imbed in your mid 3/7/3 you will remember the new MDIA rules! 3 days after application ~ An initial Truth-in-Lending (TIL) statement must be provided no later than 3 business days after receipt of the loan application. 7 business days after initial application ~ Waiting period ~ the bor...

By Rob Spinosa, Executive Loan Advisor, Marin Mortgage Broker
(RPM Mortgage, Marin County, CA)
Comments 25
Breaking Up (Is Subject to Guidelines and Restrictions) When we look at our refinance business, not a small percentage of it is driven by the scenarios where one spouse buys out the equity of the other, as stipulated in a divorce decree.  Sometimes when we are presented with a divorce buyout refi...