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 Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 9
How a Refinance Can Drive Down Your Monthly Expenses While all real estate may be local, so too is it true that one homeowner, confronted with the opportunity to save $250 per month through refinancing, for example, may view that as a significant financial relief while another may feel it's not e...

By Lottie Kendall, Helping make your real estate dreams a reality
(Compass)
Comments 8
More great advice and food for thought from Rob Spinosa. How many of our clients and friends, or perhaps ourselves, can benefit from a refi? How a Refinance Can Drive Down Your Monthly Expenses   While all real estate may be local, so too is it true that one homeowner, confronted with the opportu...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
32514 Pensacola Florida News: Rent Can Boost Credit Scores If Landlords Willing to Help A pilot program from Goldman Sachs allows landlords to upload rent payment data, which they say can raise a renter’s credit score by as much as 40 points. Read more Call or Text Charles Stallions Now 850-476-4...

By Jeffrey Rosenthal, CFP, EA, CDFA, Our mission is solutions. Your Tax Matters Matter
(First Call Tax Advocates Corp)
Comments 0
Owners of most heavy highway vehicles are being reminded by the IRS that the filing period for Form 2290, Heavy Highway Vehicle Use Tax Return, opened on July 1. The returns are due no later than Sept 3, 2019. The highway use tax applies to highway motor vehicles with a taxable gross weight of 5...

By Bill Kamboukos
(Strategic Mortgage)
Comments 44
The conventional home loan limits for Fannie Mae and Freddie Mac backed conventional mortgages has been increased from $424,100 in 2017, to $453,100 for all new conventional home loans in 2018.            That also means that for VA loans, the base loan limit is now also $453,100 to qualify for a...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
New home construction across the US in July declined from June falling for the third straight month, due in part to a drop in multi-family dwellings. US housing starts fell nearly 4% in July from May to an annual rate of 1.191 million units. From a year ago, starts were up 0.6%. Multi-dwelling un...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed down 15 basis points today at 102. having closed 227 points above support offered by the 200 day moving average. The conforming rate is at 375% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.00%. Whether in New England, t...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: Housing Starts dropped from 1.241 million in June to 1.191 million in July. Even though this headline number shows a drop, the good news is if you dig deeper, then you'll understand that the drop was due to drop with Multi-Family. There was actually an increase ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
 “Almost Impossible NOT to Qualify”    Hi Mr. Joe,Hope everything is good, can you please advise me on a multifamily property for an investment. I would like to know what the requirements for a loan are as far as credit score and down payment. I would like to see if I can get it under my name or ...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 1
32514 Pensacola Florida News: Good Credit Scores: It’s More Than Lower Mortgage Rates New homeowners who replace appliances, buy furniture and remodel will find that a good credit score keeps saving them money even after closing. Read more Call or Text Charles Stallions Now 850-476-4494 for any o...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 8
“Trouble for the Church Gossip”   Mildred, the church gossip and self-appointed monitor of the church's morals, kept sticking her nose into other people's business.Several members did not approve of her extracurricular activities but feared her enough to maintain their silence.She made a mistake,...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 110
If you're happy where you are, then congratulations! But if you're dreading Monday, maybe it's time for a change.  Consider one of these career offerings! (Click below) (Please SHARE, you may help someone find their dream job! ) Send your resume to Trent.Dalrymple@TexanaBank.com if you have a min...

By Bill Kamboukos
(Strategic Mortgage)
Comments 4
VA Home Loans are a benefit for qualified Veterans of the Armed Services and National Guard and also current active duty military personnel.  The VA loan program is truly a benefit for our servicemen and servicewomen and Veterans and offers features that other loan programs do not. In this articl...

By Bill Kamboukos
(Strategic Mortgage)
Comments 3
Interest rates for home mortgages are often times a bit more complex than meets the eye. Not only do they move on a daily basis, but the interest rate you receive on a particular home loan can vary greatly, depending on host factors. In this article, we will discuss some of the most factors that ...

By Bill Kamboukos
(Strategic Mortgage)
Comments 3
If you are looking to purchase a new home, before the sale of your current home, it’s important to know how lenders will look at your situation for qualification. For many homeowners who are looking to purchase a new home, the idea of selling their current home first or trying to align the sale o...

By Bill Kamboukos
(Strategic Mortgage)
Comments 16
A good credit score is paramount to obtaining a home loan or any type of financing in general. The higher your credit score, the better your potential interest rate and terms will be, whether you are applying for a home loan, a consumer loan or a credit card. There is often times conflicting info...

By Jeffrey Rosenthal, CFP, EA, CDFA, Our mission is solutions. Your Tax Matters Matter
(First Call Tax Advocates Corp)
Comments 0
The Internal Revenue Service says it will automatically waive the estimated tax penalty for the more than 400,000 eligible taxpayers who already filed their 2018 federal income tax returns but did not claim the waiver. The IRS will apply this waiver to tax accounts of all eligible taxpayers, so t...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
The consumer is alive and kicking due to a strong labor market. July retail sales rose 0.7%, well above the +0.3% expected, the biggest gain in four months. When stripping out autos, sales jumped 1% versus a gain of 0.3%. Within the report, the control group number rose 1% well above expectations...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 25 basis points today at 102.78 having closed 227 points above support offered by the 200 day moving average. The conforming rate is at 3.75% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.00%. Whether in New England, ...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: We have a lot of data on the Economic Calendar being released. Initial Jobless Claims rose a little bit to 220k this week. Retail Sales rose 0.7% in July; and when you exclude Autos, then it rose 1.0%. Productivity rose 2.3% for Q2. Unit Labor Costs rose 2.4% fo...