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 Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
  On Tuesday, to help homeowners who are in COVID-19 related forbearance, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac are making available a new payment deferral option. The payment deferral option allows borrowers, who are able to return to making their no...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 5
“Refinancing Can Often Do So Much More!”      Little did we know that refinancing would accomplish so much. Originally I contacted you to get my rate lowered, which was a no brainer, going from 4.75% to 3.5%, however it never occurred to me that it was an opportunity to include our credit cards a...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
The pandemic induced shutdown put a big dent in retail stores across the nation with no sector left undamaged. April Retail Sales fell a record 16.4%, worse than the -12% expected. Gas stations, as well as restaurants and bars, were also impacted along with clothing stores while grocery stores sa...

By Mike Bjork
(Pinnacle Home Loan)
Comments 2
http://MikesDailyMarketReport.com: Retail Sales continued their decline in April, as they dropped 16.4%; and when you exclude "big ticket" items, like autos, then it dropped 17.2%. Manufacturing in the NY region improved some, but the number is still pretty bad, as the Empire State Index webt fro...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) market closed down 15 basis points  today at 103.41 having closed 290 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...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 1
Conventional 30 year Mortgage: 3.125%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.135%FHA 30 year: 3.00% Credit Score:740LTV:96.5%loan amount:$300kAPR: 4.00%Conventional 15 year: 2.5%Credit score:740LTV:75%Loan Amount:$300kAPR: 2.615%Rates are Subject to ChangeCall me today if you are thinking ...

By Dennis Dahlberg Broker/RI 623-582-4444
(Level 4 Funding )
Comments 0
So, you have decided to buy a home in the great state of Arizona. Expect to sign your John Hancock to several documents. The is one you may not be too familiar with. In this article, you will learn all about what a deed of trust is used for.Buying a home is one of the biggest decisions you will e...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) market closed up 12 basis points  today at 103.56 having closed 308 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 Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
25 years’ experience and a team of 4, if you can dream it we can find it!! What’s Happening around Pensacola, Pace and Gulf Breeze Fl. We have access to any home on the gulf coast, from Pensacola to Pace, to Gulf Breeze and many that will be coming SOON to the market let us save you money whether...

By Mike Bjork
(Pinnacle Home Loan)
Comments 0
http://MikesDailyMarketReport.com: The initial Jobless Claims for last week were a little higher than forecasts, but still lower than previous report, and came in at 2.98 million people applying for unemployment benefits for first time. This trend is lowering, but it's still disturbing to see so ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage rates inched higher in the latest week though they remain near historic lows. The Mortgage Bankers Association (MBA) reports that the 30-year fixed-rate mortgage rose three basis points to 3.43% with 0.29 in points and fees. The MBA's Market composite Index, a measure of total mortgage l...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) market flat today at 103.44 having closed 299 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 England, the Mid Atlant...

By Mike Bjork
(Pinnacle Home Loan)
Comments 1
http://MikesDailyMarketReport.com: The Producer Price Index, which is inflationary data on the Wholesale Sector, dropped 1.3% in April, as it's YoY dropped from 0.7% in March to -1.2% in April. It's Core PPI (excluding food and energy) dropped 0.3%; and it's YoY went from 1.4% in March to 0.6% in...

By Mike Bjork
(Pinnacle Home Loan)
Comments 1
http://MikesDailyMarketReport.com: The NFIB Small Business Index dropped from 96.4 in March to 90.9, which many thought it would dive down into the 80s. This report represents the confidence in Small Businesses. The Consumer Price Index dropped 0.8% in April and it's YoY dropped from 1.5% to 0.3%...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
The coronavirus pandemic has not only impacted the health and well-being of many Americans but has also inflicted great harm on small businesses across the country due to the shutdown. The NFIB Small Business Optimism Index fell in 5.5 points in April to 90.9, with owners expressing certainty the...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) market closed ip 9 basis points today at 103.44 having closed 301 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 Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
25 years’ experience and a team of 4, if you can dream it we can find it!! What’s Happening around Pensacola, Pace and Gulf Breeze Fl. We have access to any home on the gulf coast, from Pensacola to Pace, to Gulf Breeze and many that will be coming SOON to the market let us save you money whether...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
25 years’ experience and a team of 4, if you can dream it we can find it!! What’s Happening around Pensacola, Pace and Gulf Breeze Fl. We have access to any home on the gulf coast, from Pensacola to Pace, to Gulf Breeze and many that will be coming SOON to the market let us save you money whether...

By Doug Dawes, Your Personal Realtor®
(Keller Williams Realty - Topsfield, MA)
Comments 6
This is STILL a favorable interest rate time for Buyers! Home prices are up but Interest rates are hovering close to record lows. This article appeared in the REALTOR® Magazine published by the National Association of Realtors yesterday May 8th.  Mortgage Rates Hover Near All-Time LowsMay 8, 2020...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
The week's economic calendar is on the light side with data from the inflation reading Consumer and Producer Price Index along with Retail Sales and Consumer Sentiment. Earnings season will continue and could impact the markets as future guidance has been put on hold due to the pandemic. Stocks a...