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 David Jackson, MBA, Financial lending analyst
(Olympus Labs)
Comments 0
Vail resorts shuts down all it resorts (Breckenridge, Vail, Beaver Creek, Crested Butte, Park City, etc..) Disney World closes, and travel comes to a screeching halt. What happens to the “sharing economy” when people stop sharing? What does this mean for Airbnb and companies like WeWork?The Real ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) market closed down 6 basis points today at 103.50 having closed 285 points above support offered by the 200 day moving average. The conforming rate is at 2.75% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 3.75%. Whether in New E...

By Richard Zaretsky, Florida Real Estate Attorney
(THE ZARETSKY LAW GROUP - Board Certified Real Estate Atty and AUTOMATED LAND TITLE COMPANY)
Comments 30
Under Florida real estate law the new owner is liable for the old past due assessments from the prior owner.  The typical facts are that the homeowner stopped paying the association and the mortgage. The association then forecloses first and often the association is the winning bid at their forec...

By Richard Zaretsky, Florida Real Estate Attorney
(THE ZARETSKY LAW GROUP - Board Certified Real Estate Atty and AUTOMATED LAND TITLE COMPANY)
Comments 25
Several association boards of directors have problems understanding the homeowner association lien rights and how the Florida “safe harbor” exemption to payment works. This article applies to when the investor makes a loan and then forecloses it and gets title at the foreclosure sale.An important...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Sales of newly constructed single-family homes unexpectedly jumped in April though the market may not have felt the full impact from the pandemic as job losses mount. New Home Sales rose 0.6% in April from March to an annual rate of 623,000 units, well above the 485,000 expected. Sales were down ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) market closed up 6 basis points today at 103.56 having closed 294 points above support offered by the 200 day moving average. The conforming rate is at 2.75% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 3.75%. Whether in New Eng...

By Mike Bjork
(Pinnacle Home Loan)
Comments 2
http://MikesDailyMarketReport.com: The Case Shiller HPI rose from 4.2% YoY in February to 4.4% in March; however, the FHFA HPI dropped from 6.1% in February to 5.9% in March. Consumer Confidence began to rise in May, as it went from 85.7 to 86.6. Also, a bit of a surprising report, is New Home Sa...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 4
Please help me welcome our newest Residential Mortgage Loan Originator in our Florida Branch, Lauren Aulenbach who is located in the Dallas, Texas area.Lauren has been in the real estate and finance industry for 15 years. She was raised in Dallas and graduated from Southwest Texas State Universit...

By Holli Washington, Your Neighborhood Expert!!!
Comments 13
                                                                                                 How Much Home Can You Afford?  The single most important part of buying a house is figuring out how much you can  realistically afford to pay. You'll have to take a good look at your budget, debts, cr...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 1
“Our Bid was Accepted”   Joe, As luck would have it our bid was accepted, what are the next steps? I know we have sent you all the various documents you requested, is there anything else you need from us? We have already set up the home inspection, which is happening next week and have called the...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“My Job is Making Dreams come True”      Dear Joe,Nice talking with you and I am happy to be in good hands! I called my Realtor who referred me and thanked her.I will do my 2019 taxes this weekend and file them immediately! Thank you so much for making my dream come true! In 2017, her first year ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
“Had to Share this One”    During the quarantine, I've been reading a book on inner peace. Ever heard that old adage, finish what you start? Sometimes it's a really good idea, helps bring some calm to the storm.I'm passing this on because it worked for me yesterday. Sure enough, while I was writi...

By Ralph Mark Maupin, Michigan Real Estate Investors Host
(National Real Estate Network, LLC)
Comments 0
Funding Services!100+ Lenders  •  10,000+ Loan VariationsQuick Application Apply Nowhttp://www.NeededFunding.com ​Business Funding, Payroll Protection Program & 23 Single Use Unlike a bank, we are not tied down to a single lender. With over 100 lenders and 10,000+ loan variations we have the expe...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
TODAY'S TOP STORIESA Guide to Surviving Financially as the Bills Come DueThe coronavirus has dealt a financial blow to millions of Americans and now April’s bills are coming due – but reach out to lenders and others for help. Read more Pensacola's Need To Know? Fannie, Freddie Tighten Some Mortga...

By Rob Spinosa, SVP of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 5
Will My Property Taxes Go Up If I Refinance?  Because the current interest rate environment is so conducive to refinancing, a concern that some have about taking action stems from confusion related to how their property taxes are determined, and specifically the question, "Will refinancing cause ...

By Seesan Ed, Real Estate Agent | Mobile Notary in DE
(206 715 1642)
Comments 2
I am writing this to help reverse mortgage borrowers, other elderly citizens (seniors) and the concerned others even though these suggestions can be used by anyone. Your important documents such as Passport, Social Security card, Medicare Card, Drivers License, Mortgage papers (especially those h...

By ReShawna Leaven, Experience. Knowledge. RESULTS.
(Keller Williams Realty)
Comments 1
Student Loans and Real Estate Three Different Types of Student Loan Statuses Deferred Income Based Repayment Paid As Agreed There are three different student loan statuses on your credit report. You will either be in deferred, income based repayment or paid as agreed status.  There are three diff...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 1
Commercial Bond Yields CMB 5 Year - 0.79% CANHOU 06/15/25 [-]   ‌ 10 Year - 1.05% CANHOU 06/15/30 [-0.07]   * denotes interpolated rate GoC 5 Year - 0.40% CAN 1.25 03/01/25 [-0.03]   ‌ 10 Year - 0.48% CAN 2.25 06/01/29 [-0.06]   GOC Bonds are for reference purposes only Floating rate insured cos...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 3
Term Posted Rate Preferred Rates 1yr 3.59% 3.19% 2yr 3.74% 2.84% 3yr 3.89% 2.29% 4yr 3.94% 2.69% 5yr 5.19% 2.49% 7yr 5.8% 3.24% 10yr 6.1% 3.24%

By Mike Bjork
(Pinnacle Home Loan)
Comments 1
http://MikesDailyMarketReport.com: There are no economic data to report today. Stocks are Down this morning after reflecting on this week's events and heading into a long weekend. President Trump was asked a question regarding a possible 2nd wave, which he responded that we'll put out fires, but ...