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 Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 2
On this day, February 14th in 1912, Arizona became the 48th state admitted to the U.S. and last of the contiguous states to be admitted.  On the same day, George W. P. Hunt (pictured above) was sworn in as the first governor of Arizona, serving a total of seven terms and was also President of the...

By Mike Bjork
(CMG Financial)
Comments 1
MikesDailyMarketReport.com: A lot to cover under the Economic Calendar today. The Initial Jobless Claims continued it's increase in claims, as 239k applied for benefits last week. This will pose a question if it bottomed out, as this could be a prelude to a recession. Retail Sales were a HUGE dis...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Commercial Bond Yields CMB 5 Year - 2.21%* CANHOU 06/15/24 [+0.03]   ‌ 10 Year - 2.39% CANHOU 12/15/28 [+0.03]   10 Year - 2.42%* CANHOU 09/15/29 [+0.03] * denotes interpolated rate

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 7
“I Never get Tired of Thank You”  We can’t thank you enough, we closed on the mortgage today. There were many times I thought this day would never come. Many would have thrown up their hands and said enough, especially after nearly 5 months, but not you and your staff. You constantly had words of...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: We have a few economic data pieces to report from the Economic Calendar. We'll start with the Manufacturing data in the NY region, which is the Empire State Index, which reported an 8.8 on it's February numbers. This is up from 3.9 in January. An improvement and...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“Pretty Smart, Is this a case of Size Matters?” A small real estate broker was dismayed when a brand new real estate franchise much like his own opened up next door and erected a huge sign which read BEST AGENTS. He was horrified when another competitor opened up on his right, and announced its a...

By Darin Osenberg
(Funky Quail Vintage)
Comments 78
Hello everyone!  Everyone on AR,and in the Realestate Market...I am sure KNOWS that USDA loans (where applicable) are arguably the BEST PRODUCT OUT THERE!!!  However, did you know that you can purchase a home that needs some LOVE and FINANCE the improvements?  All with NO MORTGAGE INSURANCE AND A...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 3 basis points today at 102.06 having closed 75 points above support offered by the 200 day moving average.  The conforming rate is at 4.375% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.25%.  Whether in New England,...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 52
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 Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
The January NFIB Small Business Optimism Index (-3.2 points to 101.2) retreated a touch, though above historic averages, as owners expressed concern about future economic growth. However, hiring, hiring plans and job openings remained strong while inventory and capital spending were solid. NFIB P...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
  On this day, February 13th in 1920, Andrew “Rube” Foster (pictured below), owner and manager of the Chicago American Giants, led the establishment of the National Negro League, the first long-lasting African-American professional baseball league.  Foster was also generally considered to be one ...

By Leo Namiot, Great Low Mortgage Rates...Check Them NOW
(Canopy Mortgage)
Comments 0
Who is The Best FHA Loan officer in Jacksonville FL with Low FHA Rates. If you are looking for the Best FHA LOAN OFFICER in Jacksonville Florida, you've found him! I offer outstanding service and great Low Rate FHA Loans with as little as 3.5% Down!My lender fees and rates can be found 24/7 at ww...

By Leo Namiot, Great Low Mortgage Rates...Check Them NOW
(Canopy Mortgage)
Comments 0
Streamline FHA Refinance as Low as 3.875% (4.271 APR) Jacksonville, FLMortgage rates have dipped! Refinance with FHA Streamline. No Appraisal, No Income. Usually Closes in 30 days or less. Contact FHA Loan Expert Leo Namiot. Call 904-712-1500 or apply today. Get A Free Quote. Take Advantage Of Lo...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 2
On this day, February 12th in 1878, Frederick W. Thayer, captain of the Harvard Baseball team patented his “catcher’s mask”. Before then, catchers didn’t wear any equipment and Thayer needed to find a way to protect their catcher, James Tyng’s face and head from life-long injuries from foul tips....

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 12 basis points today at 101.91 having closed 59 points above support offered by the 200 day moving average.  The conforming rate is at 4.50% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.375%.  Whether in New England...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage rates continued to edge lower in the latest week to low levels seen a year ago. The Mortgage Bankers Association reports that the 30-year fixed-rate mortgage fell four basis points to 4.65% with an average 0.43 in points. Lower rates didn't push mortgage application activity higher as th...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: We have inflation data to cover today on the Economic Calendar. The Consumer Priced Index (CPI) remained unchanged from December to January, but did decline from 1.9% to 1.6% YoY. The Core CPI (excluding food & energy) rose 0.2%, and remained at 2.2% YoY. The St...

By Robert Clapton
Comments 183
We have direct provider for BG/SBLC/LC from top AA rated banks in the world. HSBC London or HongKong ETC our leasing fee is 6+2 Genuine brokers and Borrower only. Please contact Mr Robert Clapton Contact: Email:  robert.clapton@rocketmail.com  Telephone: +44-777-650-6313 

By Richard Zaretsky, Florida Real Estate Attorney
(THE ZARETSKY LAW GROUP - Board Certified Real Estate Atty and AUTOMATED LAND TITLE COMPANY)
Comments 0
As a defaulted borrower, how your proceed is not an easy decision to make.  The biggest area of new foreclosures are the forgotten defaults from 2007 - 2012 that are now "waking up".  Most of these mortgages are now held by investors and not the banks that made the loans.  Because of this, new ec...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 3
On this day, February 11th in 1812, Eldridge Gerry, then governor of Massachussetts, signed into law a redistricting plan designed to keep his political party in power for the upcoming election. When the law passed, reportedly the editor of the Boston Gazette, compared the shape of Gerry’s distri...