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 Paul D. Diaz, MBA, Real Estate Broker & Instructor, Adjunct Professor
(Realty World Atlas)
Comments 2
Net revenue from delinquent collection activities rose to just over $40 billion, an increase of 1.6% compared to the prior year. IRS levies were up 8.3% compared to the prior year, but the IRS filed about 8% fewer liens than in the prior fiscal year 2017. By comparison, there were fewer audits du...

By Carol Williams, Retired Agent / Broker / Property Manager
(Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals.)
Comments 39
This is a guest post by Janice Brown from the Wenatchee office of American Pacific Mortgage. I have asked Janice to write an article on the Proprietary Reverese Mortgage she refers to in this post.What you want to know about Reverse Mortgages. There are two types of Reverse Mortgages that you nee...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Sales of new homes declined from March to April though the numbers in March were revised higher. The Census Bureau reports that new home sales fell nearly 7% in April from March though were above the 665,000 expected. Sales rose by 7% from April 2018 to April 2019. Sales losses were seen across t...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) down 9 basis points today at 102.84 having closed 125points above support offered by the 200 day moving average. The conforming rate is at 4.125% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.125%. Whether in New England, the M...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Commercial Bond Yields CMB 5 Year - 1.87% CANHOU 06/15/24 [-0.07]   ‌ 10 Year - 2.10% CANHOU 09/15/29 [-0.05]     GoC 5 Year - 1.52% CAN 2.25 03/01/24 [-0.07]   ‌ 10 Year - 1.61% CAN 2.0 06/01/28  [-0.06] GOC Bonds are for reference purposes only Floating rate insured cost of funds 2.10% [-]    ...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: Durable Goods Orders dropped 2.1% in April, and it's March's number was revised lower, from 2.6% to 1.7%. The big drop was led by lack of Boeing orders (this is after the grounding of their 737 airplanes). If you remove the Transportation, the Durable Goods woul...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
You can provide this program and others - NATIONWIDE! Delegated & Non-Delegated Correspondent, Broker and In-House Portfolio lending Federally registered – originate in all 50 states Conventional loans (Fannie Mae including HomeReady & HomeStyle and Freddie Mac including Home Possible and Manufac...

By Dan Papadapoulis, Home equity loans, second mortgages Toronto
(Mortgage Central Nationwide)
Comments 0
Some people dive into applying for a second mortgage without knowing what they are doing. As a result, their process usually takes longer, end in non-approval, or they apply for the wrong type of second mortgage for their situation. These are factors why some people end up getting disappointed an...

By Danny Papadopoulos, Offering Private & Second Mortgages in Toronto
(Homebase Mortgages)
Comments 0
Getting a second mortgage can be either challenging or easy depending on how informed you are. By definition, an additional loan that you take on a property that is already mortgaged is a second mortgage. This makes a second mortgage riskier for lenders as compared to a first mortgage. In the eve...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) up 16 basis points today at 102.94 having closed 136 points above support offered by the 200 day moving average. The conforming rate is at 4.125% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.125%. Whether in New England, the M...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: Weekly Jobless Claims dropped from 212k from previous week to 211k last week; another good sign for Jobs. However, we show Manufacturing and Services Industry slowing down. Markit Manufacturing PMI flash dropped from 52.6 in April to 50.6 in May; and Markit Serv...

By John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 10
Products, Programs, and ProcessesLast updated: 2/22/19 (additions: the JM Loans team is now licensed to do mortgage loans in Nevada, Social Media Training, Single Property Websites, VA Renovation loans, "Forest Friendly" hybrid closing for conventional loans) At least a couple times each week I'm...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 0
Conventional 30 year Mortgage: 3.99%Credit score:740LTV:75%Loan Amount:$300kAPR: 4.13%FHA 30 year: 4.125% Credit Score:740LTV:96.5%loan amount:$300kAPR: 5.025%Conventional 15 year: 3.625%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.87% Rates are Subject to ChangeCall me today if you are thinkin...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 2
It's TEXANA TUESDAY! Time for Trivia! And here's more... Did you know if you're originating residential loans in 1 state, you can originate in all 50 states with no additional state licensing? Contact me to expand your lending footprint NATIONWIDE with our FDIC lending platform and provide your c...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Low mortgage rates along with seasonal increases in home sales continued to boost prepayments in April, reports Black Knight. After a slow start to the year, the national delinquency rate declined in April by 5% from March to 3.47%, the lowest level since record keeping began in 2000. The report ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) up 9 basis points today at 102.78 having closed 120 points above support offered by the 200 day moving average. The conforming rate is at 4375% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.25%. Whether in New England, the Mid At...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
The National Association of REALTORS® (NAR) reports that existing-home sales declined 0.4% in April from March to an annual rate of 5.19 million units versus the 5.35 million expected. Sales were lower by 4.4% from April 2018 to April 2019. Sales declined in the Northeast and South with gains see...

By Mike Bjork
(CMG Financial)
Comments 2
http://MikesDailyMarketReport.com: The only item on the Economic Calendar today is the FOMC Minutes, which will be released at 11:15am PST. Investors are eager to review the Minutes of the Feds' last meeting and look for clues on their thoughts on the economy, rate movement and US/China. Stocks a...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Fannie Mae released its May Economic & Housing Outlook last week saying that strong demand along with improved affordability points to a rebound in the housing market in 2019. Fannie Mae went on to say, "Pending sales and purchase mortgage applications are trending upward, while the lower mortgag...

By Phil Stevenson, CRMP, "Mortgage Nerd" in Miami, Florida and Texas
(PS Mortgage Lending 305-791-4874 or 888-845-6630)
Comments 0
Mortgage sales and applications saw a big drop through all of April. There’s been a huge growth on external economies (mainly european), this normally leads to an increase in local concerns and fears. As a consequence, we’re seeing an increasing drop on new mortgage acquisition and even less acti...