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
“Can We Still Qualify if We Don’t Sell our Current Home?”   Joe, I need some advice. We have had our home on the market for 3 months, during this time we have dropped the price $20,000 and it is still not selling. We are at the point we are considering keeping the home and renting it out. Our cur...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 15
“I wonder what the Officer was thinking?”   A wife went to the police station with her next-door neighbor to report that her husband was missing. The policeman asked for a description. She said, "He's 35 years old, 6 feet 4, has dark eyes, dark wavy hair, an athletic build, weighs 185 pounds, is ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed up 3 basis points today at 101.03 having closed 16 basis points above support offered by the 100 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 4.6250%.  Whether in New En...

By Trent Dalrymple (248) 854-0625, Helping Mortgage Professional's Lend Nationwide!
(Texana Bank)
Comments 0
PLEASE SHARE! Want a cottage in the woods? Whatever your dream is, read what Billy's client had to say about him (#1)! If you're a Real Estate Broker or Agent who expects your buyers to receive the highest level of service, and/or you're a buyer looking for the best service and financing options ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Applications to purchase new homes plunged in November from October due in part to affordability issues and as wage growth continues to trail behind home-price growth. The Mortgage Bankers Association (MBA) reports that its Builder Application Survey fell 14% in November from October and declined...

By Mike Bjork
(American Pacific Mortgage)
Comments 1
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 Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 1
Terms                           Posted Rates                 Preferred Rates 6 mos                          3.34%                          3.10%1 year                          3.59%                          3.19%2 year                          3.74%                          3.19%3 year           ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Consumer inflation remained contained in November due in part to declining energy prices. The November Consumer Price Index was unchanged while year-over-year fell to 2.2% from 2.5% in October. The Core CPI, which strips out food and energy, was also inline at 0.2%, while year over year rose 2.2%...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 0
Conventional 30 year Mortgage: 4.625%Credit score:740LTV:75%Loan Amount:$300kAPR: 4.782%FHA 30 year: 4.625% Credit Score:740LTV:96.5%loan amount:$300kAPR: 5.525%Conventional 15 year: 4.%Credit score:740LTV:75%Loan Amount:$300kAPR: 4.273% Rates are Subject to ChangeCall me today if you are thinkin...

By Bill Kamboukos
(Strategic Mortgage)
Comments 33
The conventional home loan limits for Fannie Mae and Freddie Mac backed conventional mortgages has been increased from $424,100 in 2017, to $453,100 for all new conventional home loans in 2018.            That also means that for VA loans, the base loan limit is now also $453,100 to qualify for a...

By Marte Cliff, Your real estate writer
(Marte Cliff Copywriting)
Comments 26
Considering all the security breaches happening these days, it seems like a very wise idea, and it recently became an even better idea. Once upon a time, freezing (and unfreezing) your credit report was a tedious process. It took days - or more- and in most states you had to pay $10 per credit re...

By Mike Bjork
(American Pacific Mortgage)
Comments 1
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 Trent Dalrymple (248) 854-0625, Helping Mortgage Professional's Lend Nationwide!
(Texana Bank)
Comments 0
PLEASE SHARE! If you're an experienced Mortgage Loan Originator or Mortgage Broker, please contact me, at (248) 854-0625 and let's talk about your plans for 2019. No matter which state you're located, give me a call and let's talk about how Texana Bank can improve your business. We're looking for...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 3 basis points today at 101.00 having closed 12 basis points above support offered by the 100 day moving average.  The conforming rate is at 4.6255% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.6250%.  Whether in New...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 10
“The Truth about Child Birth?”   A boy was assigned a paper on childbirth and asked his parents, "How was I born?" "Well, Honey..." said the boy's mom, "the stork brought you to us." "Oh," said the boy. "Well, how did you and daddy get born?" he asked. "Oh, the stork brought us too," chimed in th...

By TIM GRISSETT
(Chapman Hall Premier Realtors)
Comments 0
Price, condition and terms are factors that any owner must consider when marketing their home.  Price is usually the easiest to adjust to compensate for shortcomings in location or condition of the home.  Improving the condition of the property is more time consuming but updates to kitchens, bath...

By Leonardo D Yepes, Jumbo, Physician and Construction to Perm Loans
(Citizens One Home Loans)
Comments 0
         When it comes to affordability, we have a winning solution!   We’re here to help your clients borrow the way they want by providing them with a variety of mortgage solutions. It’s never too early to explore the options, so contact me today to learn more!   $850,000    95% LTV with Mortg...

By Trent Dalrymple (248) 854-0625, Helping Mortgage Professional's Lend Nationwide!
(Texana Bank)
Comments 52
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 1
Fannie Mae released its Home Purchase Sentiment Index (HPSI) showing that the index rose slightly in November due in part to rising incomes. The HPSI rose 0.5 points to 86.2. Within the report it showed that Americans who said it is a good time to buy a home rose 2 percentage points, while the ne...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed down 13 basis points today at 101.09 having closed 20 basis points above support offered by the 100 day moving average.  The conforming rate is at 4.6255% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.6250%.  Whether in Ne...