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 Paul Antonelli, Broker Owner; NextHome Antonelli Realty
(NextHome Antonelli Realty)
Comments 2
At a recent workshop, we heard from different speakers, one of which was an Orlando attorney Charles Castellon of CPC Law, who discussed Land Trusts and their benefits top real estate transactions,  so I thought I'd share some information with readers.  You may be at a greater risk for a lawsuit,...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Fixed term best discounted rates & posted rates as of March 4, 2017 6 mos                                 3.10%         3.14%1yr                                     2.44%          3.04%2yr                                     2.14%          2.84%3yr                                     2.34%       ...

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 - 1.64%*Canada housing 06/15/22 [+0.02]       5 Year - 1.17%CAN 0.50 03/01/22 [+0.02]       0.97%                      [-]                        10 Year - 2.31%Canada housing 06/15/27 [+0.02]       10 Yea...

By Shana Hamel, Mortgage LO serving Florida/Sarasota/Bradenton
(Ruoff Home Mortgage)
Comments 2
I’ve seen many blogs about pre-approvals versus pre-qualifications.  While I think this is a very valid topic, I didn’t think I would find myself writing one about pre-approval versus pre-approval. I seem to be meeting quite a few Realtors lately that are unhappy with their recent experiences wit...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 4
Making Recommendations, Even When Your Client Doesn’t Want One I love the stories that Joe Petrowsky shares in his blogs. In this case, Joe shares information on how a transaction was saved by providing a cost saving referral. Please go to the original blog if you wish to leave comments. “Making ...

By Fred Griffin, Licensed Florida Real Estate Broker
(Frederick Griffin, Exclusive Buyer's Broker)
Comments 5
     "Once a Borrower starts the Homebuying Process, they should begin to put together all the documents that will be required when they go to apply for a Mortgage.     It would also be a good practice for Realtors/Agents to make their Buyer aware of the basic documents required when they meet wi...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
If you ever wanted to hear what members of the Federal Reserve Board members have to say, today is the day.  Chicago Fed President Evans, who is a voting member of the Fed Open Market Committee (FOMC), will tip off the day at 10:15 a.m...  The Fed Open Market Committee makes decisions about monet...

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
As mentioned in this morning's blog there were a bevy of high ranking Fed officials speaking today.  The most influential was Fed Chair Janet Yellen who spoke at 1 PM.  Both stocks, Treasuries and MBS bonds were down just prior to her speech and traders were pensive.  Right after Fed President Bu...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities closed up 6 basis points 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 19 points during the session causing an alert to lock prior to staging a 41 point rally . Hopefully MBS...

By Alex Tanner, LendPost.com
(LendPost.com)
Comments 1
  2011 Legitimate Lender List Now Available!   If you need commercial or investment real estate funding: The 2011 Legitimate Lender List shows 114 active, DIRECT real estate lenders (USA). The list contains commercial, residential, hard money, commercial banks and SBA lenders. There are NO Broker...

By Wanda Kubat-Nerdin, St. George Area Preferred Residential REALTOR®
(Specializing in Residential, Referrals & Relocation | PK Real Estate Utah South)
Comments 14
5 indications you may have chosen the wrong underwriter! Goes on vacation for 3 days without notifying anyone in the transaction or handing over paperwork to a co-worker Fails to return calls or respond to several emails while the financing deadline is looming Says the loan has been approved but ...

By Criss-Cross Financial Group, www.iLoveCFG.com
(Criss-Cross Financial Group)
Comments 0
Transactional FundingOne of our specialties is providing flexible short-term hard money and transactional loans for real estate projects! If you are an investor looking to fund your short sales, REOs, residential, or commercial flips, then you know how difficult it is to find the perfect company....

By Criss-Cross Financial Group, www.iLoveCFG.com
(Criss-Cross Financial Group)
Comments 0
  SecureLineCredit-Line ProgramLeverage Don’t Liquidate! Close quickly, invest without letting an opportunity pass, and do so without impeding your long-term plans. Admirable goals, but far easier said than done nowadays for most. The real estate arena is a good example. Restrictions have greatly...

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 closed down 22 basis points today at 101.75 having remained below support offered by the 25 and 50 day moving averages. Bonds continued to falter after President Trump's address to Congress. Hopefully MBS bonds will level off in the cmoning days before mortgage rates ri...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 3
In the aftermath of President Trump's first speech to the joint houses of Congress, as anticipated, stocks rallied and bonds tumbled.  Trump spoke of jump starting the U.S. economy with a huge tax relief package, overhaul the Affordable Care Act and spend $1Trillion on infrastructure.  This could...

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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 11
“Ticket Please”   One morning, three Cajuns and three Yankees were in a ticket line at a train station. The three Northerners each bought a ticket and watched as the three Cajuns bought just one ticket."How are the three of you going to travel on only one ticket?" asked one of the Yankees."Watch ...

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: 4.25%Credit Score:740LTV:96.5%loan amount:$300kAPR:5.30%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 ...