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 1
“Thousand Miles between Mortgages”             Good afternoon Joe,I am responding to your voicemail message via email as I am currently at work. I was inquiring online about your current mortgage rates in Florida for a single family house with a 30 year fixed rate conventional loan. I previously ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 12 basis points today at 101.94 having fallen through support offered by the 100 day moving average for the first time in months and come to rest 3 basis points below it.  The 30 year was available at 4.625% day.  My jumbo pricing is now sizzling!  The...

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 3.04% 2.99% Fixed 2 Year 3.24% 3.19% Fixed 3 Year 3.44% 3.09% Fixed 4 Year 3.89% 3.44% Fixed 5 Year 5.14% 3.24% Fixed 7 Year 5.30% 3.34% Fixed 10 Year 6.10% 3.79% Variable 2.40% Prime 3.45% Benchmark 5.34%

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Sentiment in the home purchase market slipped in June from May, reports Fannie Mae. The Fannie Mae Home Purchase Sentiment Index (HPSI) fell 1.6 points in June from May to 90.7. The net share of Americans who said now is a good time to purchase a home was unchanged. Americans expressed a decrease...

By David Jackson, MBA, Financial lending analyst
(Olympus Labs)
Comments 0
Being young and naïve is a very different experience all together. You are neither all grown up nor you are that sweet little kid. 20s are the best period of your life. You start to take your own decisions and at time you might even regret them later. But who cares? 20s are your time for new lear...

By Darin Osenberg
(Funky Quail Vintage)
Comments 62
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 Joe Hansen, Your Mortgage Lender
(VIP Mortgage, Phoenix AZ Mortgage Consultant & CE Instructor)
Comments 0
Section HUD 184 Indian Home Loan is a program in Arizona for home financing. Contact Joe Hansen @480-239-7766 to get details on the HUD 184 Indain loan and to determine if your home purchase in Arizona is right for you.  With the HUD 184 Indain Home Loan in the State of Arizona eligible borrower ...

By Barbara Todaro, "Franklin MA Homes"
(RE/MAX Executive Realty )
Comments 5
Manufactured homes are top quality structures.....agents would be wise to contact Khash for guidance with financing for any transaction.... competitive rates and an awareness of what's required on the broker end of the deal.... just saying! Did you know that you can get a VA loan with no money do...

By Khash Saghafi, Mortgage Loan Officer, Cleveland Ohio
(Liberty Home Mortgage Corporation)
Comments 4
Did you know that you can get a VA loan with no money down, USDA loan with no money down, FHA loan with 3.5% down or a conventional loan with 5% down on a manufactured home? I suppose that if you are in New York City, Los Angeles (I'm mad at you by the way for stealing Lebron James), San Francisc...

By Marney Kirk, Towson, Maryland Real Estate
(Cummings & Co. Realtors)
Comments 1
Thank you so much, Khash, for this information.Overlay is an important term to know and understand! "Overlay" is a word which real estate agents need to learn.  What does it mean and why is it such an important word to learn? Easy. It is the reason why some lenders will approve a loan while other...

By Khash Saghafi, Mortgage Loan Officer, Cleveland Ohio
(Liberty Home Mortgage Corporation)
Comments 48
"Overlay" is a word which real estate agents need to learn.  What does it mean and why is it such an important word to learn? Easy. It is the reason why some lenders will approve a loan while others will decline it. Lending begins at the BACK of the line and NOT the front of it. There are 3 playe...

By Oke Oladimeji, Real Estate SEO Expert
(HomebuyersNH)
Comments 0
Surviving on one revenue source could be a serious challenge for most couples. Yet it's an common truth that lots of families, at some time in their life, will certainly need to consider.Your companion could need to spend some time far from job to look after a a family member, or they could be re...

By Oke Oladimeji, Real Estate SEO Expert
(HomebuyersNH)
Comments 1
Credit scores may not be the only deciding factor, but it certainly plays a big role your how you can get a home loan. Effectively managing your loans and credit cards, and try your best possible to avoid the following three comon credit mistakes while applying for mortgage. If you ensure all thi...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
The Bureau of Labor Statistics reports that Non-Farm Payrolls rose by 213,000 in June, above the 195,000 expected. April and May were revised higher by a total of 37,000. The Labor Force Participation Rate edged higher to 62.9 from 62.7 as more Americans entered the labor force. On the negative s...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 4
Mortgage backed securities (MBS) closed up 19 basis points today at 103.16 having finished the day just 11 basis points below resistance offered by the 50 day moving average. The 30 year was available at 4.00% today.  The 30 year jumbo was at 4.00%.  Whether in New England, the Mid Atlantic or th...

By Dennis Dahlberg
(Level 4 Funding )
Comments 1
Welcome we offer Private Hard Money Owner Occupied Loans in Arizona up to 80% LTV.  Our Arizona owner occupied hard money loans program makes it easy for you to get the new home you need despite not having credit, having bad credit, or even if you’re not from the United States.  Owner occupied lo...

By Gary Frimann, REALTOR and Broker
(Eagle Ridge Realty / Signature Homes & Estates)
Comments 53
Is this happening in your area?  Do you see short sales selling grossly under market value? I was sitting in a short sale seminar being conducted by a loss mitigator for one of the major banks.  She made the passing comment that one of the BPO providers had called her, as the listing agent had of...

By Gary Frimann, REALTOR and Broker
(Eagle Ridge Realty / Signature Homes & Estates)
Comments 5
Mortgage Fraud Yesterday, I wrote a post about short sale fraud which got featured, and seemed to strike a chord...  Wow, I had not idea it was as prevalent as it was/is... Perhaps we need to reopen Alcatraz to house all the fraudsters! Since I noticed a lot of foreclosures in the neighborhood I ...

By Sonia Narvaez, Your IRS Tax help
(CPA Accounting & Tax Services)
Comments 1
IRS Notice CP90 or a Letter 1058, or a Notice LT 11 – Final Notice of Intent to Levy and Your Right to a Hearing - is a written notification, required by law, to inform you that the IRS intends to place a levy on federal payments due to you 30 days after the date of the letter.If you or your busi...

By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Comments 18
The Dodd Frank Rollback has arrived. Many people and even some agents have not noticed that on May 24th, 2018 President Trump signed into law the Economic Growth, Regulatory Relief, and Consumer Protection Act. More affectionately known amongst Lenders and REALTORS®. As the Dodd- Frank Rollback. ...