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
(American Pacific Mortgage)
Comments 3
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 Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 11
IRS Mortgage Applicant Program Lacks Security Protections "Federal auditors say the popular “tax transcript” program run by the Internal Revenue Service and used by millions of mortgage applicants a year lacks adequate security protections against disclosures of tax-return details to people who s...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 7
“A Very Scary Thought!”    A father buys a lie detector robot that slaps people when they lie. He decides to test it out at dinner one night. The father asks his son what he did that afternoon.The son says, "I did some schoolwork."The robot slaps the son.The son says, "Ok, Ok. I was at a friend's...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed up 9basis points today at 101.72 having broken through resistance offered by the 10, 25 and 50 day moving averages and come to rest 2 basis points above the 10, 25 and 50 day averages.  The 30 year was available at 4.625% day.  My jumbo pricing is now sizzl...

By Stephen Katz, Branch Manager, CMPS
(Katz Mortgage Team, a branch of VanDyk Mortgage Corporation)
Comments 0
Buying a home is exciting, however, figuring out the right home loans can be very stressful. Home loans, also called mortgages, come in numerous types.  Choosing the right mortgage loan is very important. To have a better idea of what loan works best for your needs we are going to dive into the V...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage rates edged lower over the past week and have now declined in three of the past four weeks. After a sharp run-up in the early part of 2018, mortgage rates have stabilized over the last three months, with only a modest uptick since March. Freddie Mac reports that the 30-year fixed-rate mo...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed flat today at 101.72 having remained above support offered by the 10, 25 and 50 day moving averages and come to rest 5 basis points above the 50 day average.  The 30 year was available at 4.625% day.  My jumbo pricing is now sizzling!  The 30 year jumbo for...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Home affordability in the first quarter of 2018 hit its lowest level since the third quarter of 2008 due in part to low inventories of homes for sale on the market along with rising mortgage rates. ATTOM Data Solutions reports that its Home Affordability Index fell to 95 from 102 in the first thr...

By Kurt Davidson, Real estate agent serving Greater Portland, OR
(Davidson Home Group | Keller Williams Portland Central)
Comments 0
Download your HOME SEARCH appWhat’s my HOME WORTH in today’s market?With both home prices and mortgage rates increasing this year, many are concerned about a family’s ability to purchase a major part of the American Dream – its own home. However, if we compare housing affordability today to the a...

By Khash Saghafi, Mortgage Loan Officer, Cleveland Ohio
(Liberty Home Mortgage Corporation)
Comments 10
I think that the most frustrating part of every transaction is verifying the down payment when it is being gifted or the borrower is getting it from an asset or saving it up across the time of the transaction. First, we must understand WHY we (as lenders) are so picky about verifying it:1) We wan...

By Doug Dawes, Your Personal Realtor®
(Keller Williams Realty - Topsfield, MA)
Comments 12
 Last week a lawyer friend of mine contacted me and alerted me to the following press release from the MassHousing organization regarding a closing cost credit for all Veterans, including National Guard, Reserve members, and Gold Star Families.MassHousing (The Massachusetts Housing Finance Agency...

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
The National Association of REALTORS® reported on Wednesday that Existing Home Sales declined for the second straight month in May. Existing Home Sales were down slightly by 0.4% from April to an annual rate of 5.43 million annualized units, below the 5.55 million expected. From May 2017 to May 2...

By Mike Bjork
(American Pacific Mortgage)
Comments 1
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 12 basis points today at 101.59 having fallen through support offered by the 10, 25 and 50 day moving averages and come to rest 2 basis points above the 10 and 25 day averages.  The 30 year was available at 4.625% day.  My jumbo pricing is now sizzling...

By Pat & Sharon Mistowski, Horizon Lending Services, LLC
(Horizon Lending Services, LLC)
Comments 1
Myth #1: Borrowing Value Is CappedUnlike many other loans, the Veterans Affairs home loan program does not cap the loan-to-value ratio, or LTV, of a mortgage. In other words, your loan can be up to 100% of the home’s value. So, if you qualify for the program and you are looking at a $150,000 home...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 0
Conventional 30 year Mortgage: 4.5%Credit score:740LTV:95%Loan Amount:$300kAPR: 4.915%FHA 30 year: 4.75% Credit Score:740LTV:96.5%loan amount:$300kAPR: 6.225%Conventional 15 year: 4.125%Credit score:740LTV:95%Loan Amount:$300kAPR: 4.572% Rates are Subject to ChangeCall me today if you are thinkin...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
The Commerce Department reported on Tuesday that new home construction surged in May to a near 11-year high led by both single- and multi-family dwellings. Housing Starts rose 5% in May from April to an annual rate of 1.350 million units, above the 1.323 million expected. From May 2017 to May 201...

By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
Comments 0
With CT home values appreciating at record rates, some are concerned that we may be heading for another housing bubble like the one we experienced a decade ago. One of the major culprits of that housing boom and bust was the loosening of standards for mortgage credit. In a study done at the Univ...

By Dave Fratello, Broker/blogger based in Manhattan Beach, CA
(Confidential Realty)
Comments 5
It's something new for all of us here in Manhattan Beach, California.A buyer has just closed a purchase of a home with more than $3 million worth of Bitcoin.I wrote up the whole story for this blog post on my MB Confidential blog. Check it out!I really felt for the agent. I mean, you know that yo...