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 Mike Bjork
(American Pacific Mortgage)
Comments 0
http://MikesDailyMarketReport.com: Today, we only have the Existing Home Sales on the Economic Calendar, which slowed up from 5.32 million in November to 4.99 million annualized units in December. A lot of this can be contributed to the higher interest rates, which started it's rise in October, t...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
HIGH RATIO fixed term best discounted rates & posted rates as of January 22, 2019 Terms                           Posted Rates              Preferred Rates6 mos                          3.34%                          3.30%1 year                          3.59%                          3.19%2 year ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 66 basis points today at 101.72 having closed 39 points above support offered by the 200 day moving average.  The conforming rate is at 4.625% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.50%.  Whether in New England, ...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 62
If you're happy where you are, then congratulations! But if you're dreading Monday, maybe it's time for a change.  Consider one of these career offerings! (Click below) (Please SHARE, you may help someone find their dream job! ) Send your resume to Trent.Dalrymple@TexanaBank.com if you have a min...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
The National Association of REALTORS® reports that Existing Home Sales fell 6.4% in December from November to an annual rate of 4.99 million annualized units versus the 5.25 million expected. Lower sales in December were due in part to higher mortgage rates in early December along with an ease in...

By Roy Kelley
(Realty Group Referrals)
Comments 12
Do you have insurance agents in your referral network?  “Referrals to Insurance Agents”     I have not hit my 2015 goal for the amount of referrals I give insurance agents or even the number of referrals I gave out in 2014. In 2014 I gave out 123 referrals and so far this year 116, four short of ...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 1
Lock Watch for the Week of 1/21/2019 Volatility-O-Meter:A short week and an ongoing shutdown might test the defenses of the mortgage market... Economicalendar (all times are Pacific):Mon, 1/14:      Markets Closed.Tues, 1/15:     Existing Home Sales (7am).Weds, 1/16:     Quiet.Thurs, 1/17:    Job...

By Eric Lawrence Frazier MBA, Founder and CEO of The Power Is Now, Inc.
(The Power Is Now, Inc. NMLS #1435243 CalBRE #1980407)
Comments 0
Please click this URL to join. https://zoom.us/j/885452467Every Tuesday at 12:30PM, we are live on Facebook for The Power Lunch! Real Estate Pros, tune in and hear about the latest REO Industry News. Comment your questions, tag your colleagues, and let's network. Make sure to like this video if y...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“It’s All About Planning” Hi Joe,Hope you enjoyed the holidays. Not sure if you remember me or not, but we spoke last May about mortgages. You had pulled my credit and I attached a copy of it from then. Since then I have paid Citi, Barclays and AmEx off and there should be no disputes. Since I ha...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 3.19% Fixed 2 Year 3.74% 3.19% Fixed 3 Year 3.89% 3.39% Fixed 4 Year 3.94% 3.64% Fixed 5 Year 5.59% 3.49% Fixed 7 Year 5.80% 3.69% Fixed 10 Year 6.10% 3.89% Variable 2.90% Prime 3.95% Benchmark 5.34%

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 2
 Considering buying a home but you don’t have enough for 20% down to avoid Private mortgage insurance?  That is not a bad thing. PMI is there to allow a smaller down payment and on conventional loans it is NOT forever. There are two basic calculations that can be used for determining if you have ...

By Randy Mitchelson, APR, First Impressions are made at First Click
(iPartnerMedia.com #goipm & Homeland Heroes Home Loans)
Comments 1
JANUARY MONTHLY MEETING January 23rd11:45 a.m. -1:00 p.m.Where: KJ's Fresh Grill 10950 S Cleveland Ave, Fort Myers, FL 33907  Understanding Your Taxes -What can we claim on our 2018 taxes? -Should I be an LLC?-What are the advantages of any new tax laws/changes? -Do you have these questions?? Com...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 48
One of the issues created by the Government Shutdown, has been the inability to obtain Tax Transcripts from the IRS.  Without Tax Transcripts, several loans are not able to close, even if the borrower provides copies of their tax returns.  However, through some lobbying pressure, there will soon ...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 2
HIGH RATIO fixed term best discounted rates & posted rates as of January 18, 2019 Terms                           Posted Rates                 Preferred Rates 6 mos                          3.34%                          3.10%1 year                          3.59%                          3.19%2 y...

By Mike Bjork
(American Pacific Mortgage)
Comments 1
http://DailyMarketReport.com: We have a few items on the Economic Calendar today. The Industrial Production rose 0.3% (in line with forecast) in December. Capacity Utilization rose from 78.6% to 78.7% in December. Meanwhile, Consumer dropped from 98.3 to 90.7, which is most likely due to sentimen...

By John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 2
Oh hi, Oregon      Just the other day Montana made it lucky #13 in how many states my team could do business in, and today, Oregon became the 14th state where we can do residential mortgage loans.         My team is thrilled to be able to bring our services to the Beaver State, and this one is a ...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
    Commercial Bond Yields CMB 5 Year - 2.37%* CANHOU 06/15/24 [+0.01]   ‌ 10 Year - 2.54% CANHOU 12/15/28 [+0.02]   10 Year - 2.57%* CANHOU 09/15/29 [+0.02] * denotes interpolated rate GoC 5 Year - 1.95% CAN 2.00 09/01/23 [+0.03]   ‌ 10 Year - 2.02% CAN 2.0 06/01/28  [+0.04] GOC Bonds are for r...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
Thanks Jake! He's right! Texana Bank offers outstanding Branch Manager and Mortgage Loan Originator opportunities nationwide for experienced residential mortgage lending professionals to LEND NATIONWIDE with no additional state licensing requirements! (It's like being a mortgage broker but having...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 5
“Investor Loans Making a Lot of Noise”    Hey Joe,  Honest to God, I thought you were crazy when you told me I could purchase an investment property without showing income to qualify or tax returns. It’s still hard to believe, but we closed in the 30 day time period you told me. I want you to kno...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 16 basis points today at 101.66 having closed 33 points above support offered by the 200 day moving average.  The conforming rate is at 4.625% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.50%.  Whether in New England...