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 Mike Bjork
(SunWest Mortgage)
Comments 1
http://MikesDailyMarketReport.com: Manufacturing in the NY region improved in July, as the Empire State Index indicated that it went from -0.2 in June to 17.2 in July. Industrial Production rose to 5.4% in June; and Capacity Utilization rose to 68.6%. Later today, we'll get a micro view of the US...

By Jamie McKaye, An avid property investor and analyst of markets
(Forward Thinking Property)
Comments 0
 It might surprise some developers to learn that high street banks and building societies still provide the highest level of funding to the Small to Medium Enterprise or SME sector. But there are new players in the market in the form of new types of banks, challengers to the big names and these n...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
TODAY'S TOP STORIESAmerica’s Founding Was Greatest Anti-Slavery Movement in History Pensacola's Need To Know?Loan Forbearance Advice: Assume Nothing, Check EverythingMost lenders admit to mass confusion when new forbearance options came out; ones that both service and/or own loans could offer bor...

By Lisa Perry - NMLS # 276329, Northern VA - VHDA, 100% Loans - Jumbo Loans
(FHA, VA, Jumbo, Downpayment Assistance, Conv.)
Comments 0
Many new home buyers make the mistake of rushing out to buy things to fill their home with as soon as the seller accepts their purchase offer and the lender pre-approves their loan. But there are still a few major hurdles to overcome before the keys are handed out.   Here are some things to avoi...

By Mike Bjork
(SunWest Mortgage)
Comments 1
http://MikesDailyMarketReport.com: There are no economic data to report today. Stocks are Up this morning on the FDA fast-tracking Pfizer and BoNTech SE with their covid-19 vaccinations; despite the rising cases in the US and rising tesnions with China. MBS had a big reversal on Friday and closed...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Positive news was delivered from the small business sector of the economy after the pandemic induced shutdown severely cut into sales while many employees were laid off. The NFIB Small Business Optimism Index rose 6.2 points to 100.6 after the sharp declines seen in March an April. Owners anticip...

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 104.47 having closed 312 points above support offered by the 200 day moving average. The conforming rate is at 2.625% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 3.75%. Whether in New En...

By Mike Bjork
(SunWest Mortgage)
Comments 0
http://MikesDailyMarketReport.com: The NFIB Small Business Index, which measures the confidence among Small Businesses, rose to 100.6 in June. The Consumer Price Index rose to 0.6% in June, as it did on a YoY basis too. The Core CPI (exclusion of food and energy), rose 0.2% in June and it's YoY r...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 1
TODAY'S TOP STORIESAmerica’s Founding Was Greatest Anti-Slavery Movement in History Pensacola's Need To Know?Mortgage Rates Hit Record Low – Third Time this YearAt 3.15%, the median 30-year, fixed-rate mortgage set another record. It’s down from last week’s 3.24% and the lowest since Freddie Mac ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
As the economy continues to reopen and Americans slowly returning to work, the housing sector has picked up some steam. In the forbearance sector, filings continued to decline in the latest numbers Black Knight reports that there were 4.14 million homeowners in active forbearance or 7.8% of all a...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
TODAY'S TOP STORIESAmerica’s Founding Was Greatest Anti-Slavery Movement in History Pensacola's Need To Know?Property Insurance Has Changed – and Often Costs MoreA homeowner’s property insurance cost is based on a wide range of factors, including location, construction details and even the insura...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) market closed up 9 basis points today at 104.41 having closed 312 points above support offered by the 200 day moving average. The conforming rate is at 2.625% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 3.75%. Whether in New En...

By Mike Bjork
(SunWest Mortgage)
Comments 0
http://MikesDailyMarketReport.com: The Producer Price Index, which measures inflation on the Wholesale level, dropped 0.2% MoM; whereas, the Core PPI (excludes food and energy) dropped 0.3% MoM. The Core PPI's YoY dropped from 0.3% to 0.1%. Stocks are trading in Mixed Territory this morning, as N...

By Richa Nayyar
(Coming service)
Comments 0
For offering a unique look to the apartment, the painting on the walls should be repainted. The worst part will be painted to provide a new and exciting look. The maintenance of the work should be proper to get the desired look. Either hiring of professional or self process can be carried through...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage rates continued to hit record lows in the latest survey which is spurring on homebuyer demand. Freddie Mac reports that the 30-year fixed-rate mortgage fell to 3.03% with 0.8 in points and fees. A year ago, the rate was 3.75%. Freddie Mac said that 'the summer is heating up as record-low...

By Charita Cadenhead, Serving Jefferson and Shelby Counties (Alabama)
(eXp Realty)
Comments 3
So I’m sitting in bed watching Late Late Show with James Corden and he’s playing this game that resembles Hollywood Squares via Zoom.  There were 15 players, I believe, and not a single one was a celebrity.  They were just regular folks like you and me.  As they each introduced themselves, I see ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage rates continued to hit record lows in the latest survey which is spurring on homebuyer demand. Freddie Mac reports that the 30-year fixed-rate mortgage fell to 3.03% with 0.8 in points and fees. A year ago, the rate was 3.75%. Freddie Mac said that 'the summer is heating up as record-low...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) market closed down 10 basis points today at 104.56 having closed 329 points above support offered by the 200 day moving average. The conforming rate is at 2.625% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 3.75%. Whether in New...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) market closed up 9 basis points today at 104.62 having closed 338 points above support offered by the 200 day moving average. The conforming rate is at 2.625% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 3.75%. Whether in New En...

By Mike Bjork
(SunWest Mortgage)
Comments 0
http://MikesDailyMarketReport.com: Initial Jobless Claims continues with their downward trend (thankfully!), as this report came in at 1.31 million people applying for first time benefits. Last week's report came in at 1.41 million. It's a light day today, so not much news is affecting the Market...