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 0
Mortgage rates continued to hit fresh all-time lows in the latest week in the wake of the pandemic fallout. The Mortgage Bankers Association (MBA) reports that the 30-year fixed-rate mortgage fell to a survey low of 3.40% with 0.30 in points for the week ended May 1, 2020. The MBA's Market Compos...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 7
“MY Self-Isolation Quarantine Diary”   Day 1 - I can do this!! Got enough food and wine to last a month!Day 2 - Opening my 8th bottle of wine. I fear wine supplies might not last!Day 7 - Strawberries: Some have 210 seeds; some have 235 seeds. Who knew?Day 8 - 8 p.m.: Removed my Day Pajamas and pu...

By Mike Bjork
(Pinnacle Home Loan)
Comments 0
http://MikesDailyMarketReport.com: The ADP Employment Report had revised it's March numbers from -26k to -149k; while April shows a drop of 20.2 million. Definitely shows a bleak week for Jobs data this week, as this is the first of 3 Jobs data we'll see this week. Stocks were in Negative Territo...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 19
     When I launched my real estate career at age 21 , I was very fortunate to have my father as mymentor . For my first 18 months in the business (as well as much of my life) , I shadowed him onnumerous of his appointments. He personally molded me to become a life long REALTOR .     Very early i...

By Rob Spinosa, SVP of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 1
N/O/O:  Jumbo Mortgage's Scarlet Letters  May 1, 2020Day 46 of Shelter-in-Place If you are a real estate investor at this time, in this market and looking for a jumbo mortgage to buy a non-owner occupied home (N/O/O), you may feel like our industry sees you with a scarlet letter(s) on your chest....

By Mike Bjork
(Pinnacle Home Loan)
Comments 1
http://MikesDailyMarketReport.com: The only data being reported today is on the Services Industry. The Markit Service PMI dropped down to 26.7 in April; while ISM Non-Manufacturing Index dropped down to 41.8%. Anything below 50 on either index is considered in Contraction/Negative Territory. Stoc...

By Laura Clark, The Best Realtors in Round Rock, TX!
(Clark Properties)
Comments 0
It's been difficult to adjust to a new normal during the past few weeks. With most residents being asked to stay at home, there are many who have recently lost their jobs or been asked to work remotely. The mortgage industry has also taken a big hit that has directly affected homeowners, renters,...

By JoAnn Moore, Home Loans in Delaware
(The Mortgage Market of Delaware)
Comments 2
   All About USDA Home Loans in DelawareHow to Purchase a Home in Delaware with a USDA home loan.There are many good reasons to choose a USDA home loan. The most appealing is that you do not need to have a down payment. The loan covers the entire purchase price of the home. Also, the seller can p...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 2
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 1
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: Factory Orders dropped by 10.3% in March. Stocks are mostly down, but Mixed presently, as NASDAQ is the only index to jump into positive territory. Investors are reviewing the Presidents and other Officials comments about US and China's relationship, which seems...

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 Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
U.S. stocks are following the 'Sell in May and go away' mantra on this just the second day of trading for the month. The Dow Jones Industrial Average has fallen nearly 1,000 points on Friday and Monday after the record numbers in April. Deteriorating U.S.-China relations along with headlines that...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) market closed down 9 basis points today at 103.91 having closed 363 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 Ralph Mark Maupin, Michigan Real Estate Investors Host
(National Real Estate Network, LLC)
Comments 1
Payroll Protection Program & Business Funding100+ Lenders  •  10,000+ Loan VariationsQuick Application Apply Nowhttp://www.NeededFunding.comUnlike a bank, we are not tied down to a single lender. With over 100 lenders and 10,000+ loan variations we have the expert skills and financing resources t...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 5
“Know Your Numbers Before Moving Forward”    Good morning Joe,As you know I wasn’t able to make a deal on the previous property. Just got a signed contract on my house yesterday. I am avidly looking for a piece of property. I was wondering if my pre-qualification letter is good for the $600,000 r...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“Taking Advantage of an Opportunity”     A hooded robber burst into a Minnesota bank and forced the tellers to load a sack full of cash.On his way out the door, a brave customer grabbed the hood and pulled it down, revealing the robber's face. The robber shot the customer dead.He then looked arou...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
Sell in May And go away! That's how May is kicking off today with U.S. stocks considerably lower after Apple and Amazon reported mixed earnings. In addition, the White House is threatening new tariffs on China for the country's handling of the coronavirus. "Sell in May and go away" is a well-know...

By Mike Bjork
(Pinnacle Home Loan)
Comments 0
http://MikesDailyMarketReport.com: The Markit Manufacturing PMI dropped down to 36.1 for April; while the ISM Manufacturing Index dropped to 41.5. Construction Spending rose by 0.9% in March. Stocks are Down on Corporate Earnings release and outlooks, including 2 Big Tech Companies (Apple and Ama...

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 104.00 having closed 375 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 ...