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
(Pinnacle Home Loan)
Comments 2
http://MikesDailyMarketReport.com: The Weekly Jobless Claims rose a little bit to 214k, which this week's data is important, as it's being used by the Bureau of Labor Statistics (BLS) as part of it's Job Numbers. The numbers for both Housing Starts and Building Permits look on the surface a bit d...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
We believe healthy credit habits can be one of the most valuable lessons you can share with a young person. And our loan programs cover many levels of credit and income verification.  Join Texana Bank Mortgage as a Loan Originator and create your own P&L branch with our growing list of residentia...

By Daniel Ramsey, MyOutDesk - Real Estate Virtual Professionals
(MyOutDesk)
Comments 0
There’s a refinance boom going on, and savvy mortgage brokers like Eric Garnicki are making a killing by taking advantage lower interest rates & leveraging the power of a virtual assistant.“You need to understand that we have a very finite, limited amount of time,” Eric says, “There’s a big searc...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 2
A big shout out to my bosses, Manny Uceda and Michael Rountree, 2 of the best in the business! (and I'm not just saying that for this post!) This is what I mean by "be your own boss". Check out our opportunities for LO's to create their own Branch with the power of a bank behind you! Working as ...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
    TERM POSTED Preferred  RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 2.69% Fixed 2 Year 3.74% 2.69% Fixed 3 Year 3.89% 2.69% Fixed 4 Year 3.94% 2.69% Fixed 5 Year 5.19% 2.64% Fixed 7 Year 5.80% 2.99% Fixed 10 Year 6.10% 3.04% Variable Rate 2.90% Prime Rate 3.95% Benchmark Rate 5.19% Cost ...

By Julie Lipnitz
(Horizon Realty of Mackinac Island)
Comments 51
In my area there is a beautiful foreclosure on Lake MI that is held by BNY Mellon.  I have a buyer and want to get in touch with someone to close a deal.  But also the property has been left unlocked and has been stripped of counters, cabinets and the like and has not been winterized.  The potent...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 0
Conventional 30 year Mortgage: 3.49%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.63%FHA 30 year: 3.5% Credit Score:740LTV:96.5%loan amount:$300kAPR: 4.4%Conventional 15 year: 3.125%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.37% Rates are Subject to ChangeCall me today if you are thinking of...

By Barbara Todaro, Marketing Agent for The Todaro Team
(RE/MAX Executive Realty )
Comments 9
The best way to start the day is with a laugh..... here is it!!!!!!!!!!!! “A Give Away for Sure!”         One night a man and a woman are both at a bar knocking back a few beers. They start talking and come to realize that they're both doctors. After about an hour, the man says to the woman, "Hey...

By David Jackson, MBA, Financial lending analyst
(Olympus Labs)
Comments 0
There are very few people in the world who can genuinely claim to have as much money as they need. For most people, there is always the need to earn more as there is still plenty of months left at the end of the money. It means that dreams are often left unfulfilled or that opportunities can go b...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
 Home builder sentiment increased in October to its highest level in 20 months due in part to low mortgage rates, solid job growth and a decline in new home inventory. The National Association of Home Builders Housing Market Index (HMI) jumped to 71 this month, up from 68 in September to the best...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 6 basis points today at 102.44 having closed 100 points above support offered by the 200 day moving average. The conforming rate is at 3.625% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.125%. Whether in New England,...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 2
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 2.69% Fixed 2 Year 3.74% 2.69% Fixed 3 Year 3.89% 2.69% Fixed 4 Year 3.94% 2.69% Fixed 5 Year 5.19% 2.64% Fixed 7 Year 5.80% 2.99% Fixed 10 Year 6.10% 3.04% Variable 2.90% Prime 3.95% Benchmark 5.19%

By Mike Bjork
(Pinnacle Home Loan)
Comments 3
http://MikesDailyMarketReport.com: September was not kind to Retail Sales, as they report a contraction of 0.3% in September; and when you exclude big ticket items, like Autos, then they dropped 0.1%. This report increased the likelyhood of the Fed cutting rates at it's next FOMC from 78% to 90% ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 5
“A Give Away for Sure!”    One night a man and a woman are both at a bar knocking back a few beers. They start talking and come to realize that they're both doctors. After about an hour, the man says to the woman, "Hey. How about if we sleep together tonight. No strings attached. It'll just be on...

By Richa Nayyar
(Coming service)
Comments 1
The kitchen is the most attractive center of every home. This is where the family cooks, and at times catch fun. If you intend to build a new apartment or you want to restructure your kitchen there are smart and beautiful designs that can be used for your kitchen. Kitchens could be the most expen...

By Richa Nayyar
(Coming service)
Comments 0
Have you lived in the Caribbean before? You should have heard about the beautiful Remax Island in Belize. It is a lovely community with lots of estates. Belize, though small, is one of the most beautiful areas for Caribbean real estate. You are bound to the ever fantastic ocean sides, and its cul...

By Steve Kantor, Best Agent Business - Virtual Assistance
(BEST AGENT BUSINESS)
Comments 3
Is accounting paperwork preventing you from doing what you do best, selling? Need help delegating those time-consuming tasks that don’t produce additional sales? While Best Agent Business is not an accounting firm, we can assist you with basic accounting services. Included in our services are rev...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
The US manufacturing sector received some positive news today after several months of negative headlines due in part to the US-China trade issues. The Empire State Manufacturing Index rose 4.0 in October, above the negative 1.0 expected and up from a gain of 2.0 in September. Within the numbers i...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
Mortgage backed securities (MBS) closed down 6 basis points today at 102.38 having closed 95 points above support offered by the 200 day moving average. The conforming rate is at 3.625% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.125%. Whether in New England...

By Mike Bjork
(Pinnacle Home Loan)
Comments 3
http://MikesDailyMarketReport.com: Manufacturing improved a bit in the NY region in September, as the Empire State Index rose from 2.0 in August to 4.0. Stocks are trading in Positive Territory, as we begin the Q3 Corporate Earnings Reports. Today, we're seeing the Financial Sector, which seems t...