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 Khash Saghafi, Mortgage Loan Officer, Cleveland Ohio
(Liberty Home Mortgage Corporation)
Comments 10
This is my 3rd reason as to why lenders will delay closings.  Check out my previous blogs for reasons #1 and #2. Mortgage Lenders have something called a 'Warehouse Line'.  It is a big gigantic credit card which we get to cash advance to fund a loan.  Has a title company ever said to you (the age...

By Pat & Sharon Mistowski, Horizon Lending Services, LLC
(Horizon Lending Services, LLC)
Comments 0
Many people today are excited about the chance to purchase their own home. However, putting down 20% can be hard to swallow for many hard-working Americans. So, instead, they are turning to lower down payment options so that they can get into their own home faster. Programs like the FHA home loan...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 0
Lock Watch for the Week of 7/2/2018 Volatility-O-Meter:While it may be a holiday week, there are a number of big reports, including employment on Friday.  Short staffing at trading desks could heighten bond market volatility. Economicalendar (all times are Pacific):Mon, 7/2:       PMI Manufacturi...

By Barbara Todaro, "Franklin MA Homes"
(RE/MAX Executive Realty )
Comments 6
You'll enjoy reading this post.... it was a new lesson for me with the term "warehouse bank" and how it works... This is my 3rd reason as to why lenders will delay closings.  Check out my previous blogs for reasons #1 and #2.   Mortgage Lenders have something called a 'Warehouse Line'.  It is a b...

By Paul Antonelli, Broker Owner; NextHome Antonelli Realty
(NextHome Antonelli Realty)
Comments 0
For the fourth time in five weeks, mortgage rates have settled, with the average 30-year, fixed mortgage at 4.55 percent, a decline from 4.57 percent the prior week, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®).The average 15-year, fixed mortgage was at a 4.04 percent rate, ...

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 3
Lock Watch for the Week of 4/30/2018 Volatility-O-Meter:Very high.  Really big week with a lot of reports and a Fed announcement (though no change to rates expected). Economicalendar (all times are Pacific):Mon, 4/30:       Personal Income and Outlays (5:30am), Chicago PMI (6:45am). Tues, 5/1:   ...

By Paul Antonelli, Broker Owner; NextHome Antonelli Realty
(NextHome Antonelli Realty)
Comments 2
For the fourth time in five weeks, mortgage rates have settled, with the average 30-year, fixed mortgage at 4.55 percent, a decline from 4.57 percent the prior week, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®).The average 15-year, fixed mortgage was at a 4.04 percent rate, ...

By Barbara Todaro, "Franklin MA Homes"
(RE/MAX Executive Realty )
Comments 9
our daily dose of Khash.... and this one is a very important lesson to learn.... thanks for the education, Khash. "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 lo...

By Leo Namiot, CT Mortgage Lender - FHA, VA - Jumbo Mortgages
(www.LeoLends.com: CT Home Mortgage Lender)
Comments 1
When is comes to home mortgage loans in Connecticut you want a mortgage Professional you can trust to get you the best service and a competative rate.  Let me use my 10+ years expirience as a mortgage lender in CT go to work for you!My mortgage expirenece will help you obtain the right mortgage f...

By Leo Namiot, CT Mortgage Lender - FHA, VA - Jumbo Mortgages
(www.LeoLends.com: CT Home Mortgage Lender)
Comments 1
THANK YOU VETERANS FOR YOUR SERVICE.................VA renovation loan, eligible home buyers can find the perfect fixer-upper and get the money to improve the home.The VA renovation loan, also known as the VA rehabilitation loan, is a VA guaranteed loan program that allows home buyers to buy a ho...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 2
“Demand for Renovation Loans Continue to Grow”    Hi Joe- I just wanted to run some numbers by you to see if we are still on track for approval and also should I get the required docs at this point?We need to pay off our current mortgage 206K to pay existing loan. We are getting bids around $200,...

By John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 2
How D1C can improve your client's experience       What's most important to a real estate agent when referring a buyer to a lender?  Communication?  Cost?  Cobranded marketing offers?  NOPE!       The #1 thing (get ready for the 'duh' moment) a real estate agent wants when referring a buyer is fo...

By Stephen Katz, Branch Manager, CMPS
(Katz Mortgage Team, a branch of VanDyk Mortgage Corporation)
Comments 0
Many Americans do not own their dream homes today because they think they’re unable to afford the down payment. People assume they need to put 20 percent down to buy a home. Believe it or not, that’s not the case.It sounds too good to be true, but you can buy a house with much less than 20 percen...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
 Mortgage rates declined over the past week and have now decreased in four of the past five weeks. Rates hit their high water mark at the end of May due in part to an improving economy and modestly higher inflation pressures. Freddie Mac reports that the 30-year fixed-rate mortgage fell to 4.55% ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
  Inflation pressures remained contained in May, which is a big topic for the members of the Federal Reserve. The annual Core Personal Consumption Expenditures (PCE), the Fed's favorite inflation gauge, rose to 2% last month, right at the Fed's target range of 2%. It was the first time since Apri...

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 Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed down 6 basis points today at 101.91 having remained above support offered by the 10, 25 and 50 day moving averages and come to rest 9 basis points below the 100 day average.  The 30 year was available at 4.625% day.  My jumbo pricing is now sizzling!  The 3...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Commercial Bond Yields   CMB         GoC         Floating RateInsured Cost of Funds 5 Year - 2.40%*CANHOU 12/15/23 [+0.03]       5 Year - 2.02%CAN 1.75 03/01/23 [+0.04]       1.70%                     [-]                       10 Year - 2.58%*CANHOU 12/15/28 [+0.04]       10 Year - 2.13%CAN 2.0 ...

By Danny Papadopoulos, Offering Private & Second Mortgages in Toronto
(Homebase Mortgages)
Comments 0
Are you trying to find home improvement hacks that will help you sell your home, add value to your home, or perhaps just make your home a lot more enjoyable? We’ve got what you’re looking for below!Front Door FaceliftA beautiful piece of hardware on your front door will elevate how it looks and a...