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 down 3 basis points today at 102.44 having closed 15 basis points below the 50 day moving average.  The 30 year was available at 4.50% day.  The 30 year jumbo was also at 4.50%.  Whether in New England, the Mid Atlantic or the Midwest or anywhere else in th...

By Bill Kamboukos
(Strategic Mortgage)
Comments 4
VA Home Loans are a benefit for qualified Veterans of the Armed Services and National Guard and also current active duty military personnel.  The VA loan program is truly a benefit for our servicemen and servicewomen and Veterans and offers features that other loan programs do not. In this articl...

By Bill Kamboukos
(Strategic Mortgage)
Comments 1
When it comes to obtaining a home loan, how you earn your income will play into the qualification standards for your new home loan. For someone who receives regular pay stubs and is a W-2’ed employee of a company, the process is generally pretty straight forward. Lenders will use your hourly or s...

By Bill Kamboukos
(Strategic Mortgage)
Comments 2
In recent years, the FHA home loan program has become a less frequently used loan program for many who are looking to purchase a home. However, the program itself, still has many outstanding features and while it is not the right fit for all homebuyers, it still makes sense for many potential hom...

By Bill Kamboukos
(Strategic Mortgage)
Comments 3
Interest rates for home mortgages are often times a bit more complex than meets the eye. Not only do they move on a daily basis, but the interest rate you receive on a particular home loan can vary greatly, depending on host factors. In this article, we will discuss some of the most factors that ...

By Bill Kamboukos
(Strategic Mortgage)
Comments 3
If you are looking to purchase a new home, before the sale of your current home, it’s important to know how lenders will look at your situation for qualification. For many homeowners who are looking to purchase a new home, the idea of selling their current home first or trying to align the sale o...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 2
Preapproval Said Borrower was Approved for a USDA Mortgage Mortgage loan professional Joe Petrowsky reminds us that pre-approval letters may have little meaning when the loan officer is not experienced. Smart home buyers use an experienced and trusted loan officer. Please go to the original blog ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
This week is jobs report week.  With no economic reporting today, we look to tomorrow for the ADP private payroll report, Thursday we will have initial unemployment claims and Friday the government jobs report.  We are cautiously floating into Friday with a sharp eye ready to abort if necessary. ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 6 basis points today at 102.50 having closed 11 basis points below the 50 day moving average .  The 30 year was available at 4.50% day.  The 30 year jumbo was also at 4.50%.  Whether in New England, the Mid Atlantic or the Midwest or anywhere else in t...

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 Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
Comments 1
Interest rates hovered around 4% for the majority of 2017 in CT, which gave many buyers relief from rising home prices and helped with affordability. In the first quarter of 2018, rates have increased from 3.95% up to 4.45% and experts predict that rates will increase even more by the end of the...

By John Myers, Your Trusted Real Estate Advisor
(Myers & Myers Real Estate, Inc)
Comments 0
New Low Down Payment Mortgage For New Mexico Home BuyersI just learned about a new FHA mortgage that allows most New Mexicans to purchase a home with a down payment as low as  1/2% of the purchase price of the home.  You can purchase a $200,000 home in New Mexico for a down payment of $1,000.  Th...

By Trent Dalrymple (248) 854-0625, Helping Mortgage Brokers & LO's Lend Nationwide!
(American Mortgage Bank)
Comments 0
Don't be limited to only helping your borrowers in one (or maybe a few) states when you could be lending in all 50 states!  Almost everyone in this business has been asked if they can help with a mortgage loan in a state where they are not licensed.  Giving up a potential commission is frustratin...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 1
“Yes, I can Recommend a Hard Money Lender”   Hi Joe,The appraisal for 75 Olive Street property came back at $110,000. Unfavorable marketability due to the numerous repairs. Mostly, asbestos abatement and radon abatement and electrical safety issues.Because the asbestos tiles/flooring is damaged i...

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 3 basis points today at 102.56 having closed 7 basis points below the 50 day moving average .  The 30 year was available at 4.50% day.  The 30 year jumbo was also at 4.50%.  Whether in New England, the Mid Atlantic or the Midwest or anywhere else in the ...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 0
Lock Watch for the Week of 4/2/2018 Volatility-O-Meter:Mid to High.  Jobs report on Friday --- watch out for indications of wage growth. Economicalendar (all times are Pacific):Mon, 4/2:       PMI Mfg Index (6:45am).  ISM Mfg Index and Construction Spending (10am).Tues, 4/3:       Quiet.Weds, 4/4...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
As the rumors about the world's retaliation to Trump's tariffs began to become reality, U.S. stock markets reacted badly..  After a first quarter during which the Dow was down around 2.5%, the Dow found itself down 750 points at its session low.  China has now imposed a 25% tariff on 128 U.S. pro...

By Gary Frimann, REALTOR and Broker
(Eagle Ridge Realty / Signature Homes & Estates)
Comments 9
Have Banks Become Too Big to Fail? I was at CAR Expo two weeks ago, and rememberance of years past, I have of ton of reusable canvas type carry bags, all with the names and logos of Banks that are now no longer part of the landscape. As a former loan officer that worked for one of the following b...

By Patty Clark, Helping Families Make the Right Move
(Metro Brokers/Morningside Homes, LLC)
Comments 1
FHA Advantages The Federal Housing Administration, operating under HUD, offers affordable mortgages for tens of thousands of buyers who may not qualify for other types of programs. They are popular with both first-time and repeat buyers.The 3.5% down payment is an attractive feature but there are...