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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
 “We Do Business in 8 States”   Good Morning, Joe ~I'm doing OK - thank you for asking and thank you for assisting my brother with his mortgage.Emotionally, I'm in a very good and stable place. I honestly have no idea why I didn't choose to get divorced sooner. BUT on a financial level, the last ...

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 Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 0
Lock Watch for the Week of 10/15/2018 Volatility-O-Meter:This is getting interesting.  The stock market sell-offs last week will dictate what the mortgage market does this week too, and nobody knows what that is going to be.  Saudi Arabia will be in the mix too, but if all of these elements go th...

By Victoria Carter, TwoMoveYou
(TwoMoveYou)
Comments 0
Homebuyers and investors have long groaned about escalating price points, attributing them to builder avarice. However, according to industry insiders, government fees and taxes are to blame.Michael DiPasquale, a CPA and COO of Dunpar Homes, says builders are heavily taxed by all three levels of ...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
    TERM POSTED OUR RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.04% 3.19% Fixed 2 Year 3.24% 3.19% Fixed 3 Year 3.44% 3.24% Fixed 4 Year 3.89% 3.54% Fixed 5 Year 5.14% 3.29% Fixed 7 Year 5.30% 3.59% Fixed 10 Year 6.10% 3.94% Variable Rate 2.65% Prime Rate 3.70% Benchmark Rate 5.34% Cost per $10...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Commercial Bond Yields CMB 5 Year - 2.60%* CANHOU 12/15/23 [+0.01]   ‌ 10 Year - 2.75% CANHOU 12/15/28 [+0.02] * denotes interpolated rate GoC 5 Year - 2.27% CAN 2.00 09/01/23 [+0.02]   ‌ 10 Year - 2.34% CAN 2.0 06/01/28 [+0.02] GOC Bonds are for reference purposes only Floating rate insured cos...

By John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 12
The Impending Recession - What You Can do to Plan       Let me start off by saying this isn't a FUD post.  Fear, uncertainty, and doubt being used by sales people is a slimy approach to get people to make decisions they otherwise wouldn't.  This is a post based on economic indicators, historical ...

By Dorothy Mitchell, Writer and real estate agent
Comments 2
Real estate investment has been one of the most consistently profitable ways to put your money to work, despite the housing crash which soured many people on the market. In the past few years, home prices have been steadily climbing, indicating that it’s a good time to get back into real estate i...

By Bruce Reichstein, Chief Partnership Officer /FHA Home Purchase Leads
(Real -Time Dashboard FHA Mortgage Leads / FHANewsblog.com Managing Editor)
Comments 2
We get many questions in our comments section about how FHA loan rules may apply to a specific situation with regard to employment, pay, and verifiable income.Some potential borrowers want to know if having frequent changes of employment will negatively affect an FHA loan application (not necessa...

By Bruce Reichstein, Chief Partnership Officer /FHA Home Purchase Leads
(Real -Time Dashboard FHA Mortgage Leads / FHANewsblog.com Managing Editor)
Comments 1
We answer many questions about FHA home loans in the comments section. Here's one of the most recent, on the subject of mixed-use properties, co-borrowing, and more: "My sister and I want to buy a house that is 1/2 apartment, 1/2 store. I already own a home and have an 820 credit score. She has a...

By Leo Namiot, Florida Mortgage Lender & CT Mortgage Lender
(loanDepot )
Comments 1
loanDepot Survey Finds 56% of Veterans Are Not Taking Advantage of VA Loan Benefits.One of the ways that the government thanks our brave servicemen and servicewomen is through offering Veteran Affairs loans. Created in 1944 as part of the GI Bill of Rights, the loans are meant to help active serv...

By Donnie Keller, Reata Realty - Delivering Excellence
(The Reata Realty Group)
Comments 1
Debt to income ratio or DTI is one of the primary calculations to determine credit worthiness for obtaining a home mortgage.  This along with your FICO score or Fair Isaac Corporation Score, will determine whether you can qualify for a mortgage.For most lenders, the DTI needs to be under 43% and ...

By Mark Lomas, Excellent Service, Superior Results
(Berkshire Hathaway Home Services)
Comments 1
After the drop in the Dow this weeks mortgage interest rates went up briefly to just above 5%. Today (10.12.2018) the interest rate on a 30 year fixed rate mortgage, on average, was 4.88%. It appears interest rates may be on the rise.There is not a tangible relationship between mortgage rates and...

By Tony Busanich, CONSTRUCTION LENDING SPECIALIST
(TD Bank)
Comments 0
 Is a 20% down payment the standard in Freehold Boro NJ ?A 20% down payment is anything but standard. Making a smaller down payment does involve some form of mortgage insurance (MI) but not with our program. This is a fee that may be paid to limit the lender's risk when there is a lower down paym...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“Three States in 4 Years”                 Joe, Its been a while since we connected and our credit scores have gone wayyyy up. We’re hoping to list our house in about 2 weeks and need to be in a place to make an offer. What are our next steps with you?For sure, you got us on the right track. We ar...

By Rummy Dhanoa, Rummy Dhanoa Real Estate Experts
(Rummy Dhanoa Real Estate Experts )
Comments 4
The way we plan and live our lives greatly depend on our ability to pay for the things we use and will be using. At the top part of most people's list is mortgage. Changes in mortgage rate directly impact us and our day to day lifestyle.Below is a chart created using Freddie Mac's U.S. Economic &...

By Trent Dalrymple (248) 854-0625, Helping Mortgage Professional's Lend Nationwide!
(Texana Bank)
Comments 30
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 Paul Antonelli, Broker Owner; Antonelli Realty
(Antonelli Realty)
Comments 4
WASHINGTON (AP) – Oct. 11, 2018 – Long-term U.S. mortgage rates leaped this week to their highest levels in seven years amid global anxiety over rising interest rates that has gripped financial markets.Costs for would-be homebuyers are climbing. Mortgage buyer Freddie Mac said Thursday the rate o...

By Randy Nathan
(Greenpath Funding)
Comments 0
 The name Oceanside says it all. The city next to the Ocean. One historical landmark is the Oceanside Pier. It is one of the longest piers in California. The entrance to the amphitheater is right next to it, which hosts many musical and cultural events. Walk down to the end of the pier and you wi...

By Dee Toohey, Broker, ABR, AHWD, CIPS, FMS, ePro
(Innovative Realty Solutions Group)
Comments 2
The financial world is not ending.  Rates are rising unnecessarily.  It could be a ploy to affect the upcoming elections.  Companies will post record breaking growth this quarter and the stock market will be just fine.  Don't panic!  Stocks are a long term growth product.   WASHINGTON (AP) – Oct....