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 Sally K. & David L. Hanson, WI Realtors - Luxury - Divorce
(EXP Realty 414-525-0563)
Comments 16
. In many situations there is a "Can I " question and a "Should I" question..and when one of our past buyers asked this question ...it fell  into the "Should I" category.  The answer was....to his surprise..NO ! Since he had come to us and not the Lender...we did the research to answer his quest...

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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“8.75% and a 3% Pre-payment Penalty”  Good evening Joe, I was advised to contact you by my buddy Greg XXXXXX. I’m looking to refinance a rental property I fixed up this summer in Willimantic. I found an offer for 8.75% for 30 years, with a 3% penalty for prepayment before 5 years. My credit score...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 1
Commercial Bond Yields  CMB 5 Year - 2.72% CANHOU 12/15/23 [-0.02]   ‌ 10 Year - 2.89% CANHOU 12/15/28 [-0.02]   GoC 5 Year - 2.40% CAN 2.00 09/01/23 [-0.02]   ‌ 10 Year - 2.49% CAN 2.0 06/01/28 [-0.03] GOC Bonds are for reference purposes only Floating rate insured cost of funds 1.88% [-] Prime ...

By Victoria Carter, TwoMoveYou
(TwoMoveYou)
Comments 0
The new North American trade deal struck on Sunday may open the door for the Bank of Canada to pick up the pace of interest rates hikes, according to economists at some of the country’s biggest banks.With the introduction of the United States-Mexico-Canada Agreement, an October rate hike by the c...

By Lisa Davies
(Online Buzz)
Comments 1
Have you been charged with DWI in Fort Bend? If ‘Yes’ is the call, it is crucial that you identify a criminal defense attorney immediately. Only an expert attorney can facilitate you through the complexities of the criminal justice system and to keep you going for success. Generally, when you hav...

By The Temple Team, Specializing in Lake Norman/Charlotte/Charleston
(THE TEMPLE TEAM)
Comments 0
 Are you LOOKING FOR THE HOME OF YOUR DREAMS?  Do you have a HOME TO SELL?The Temple Team is ready to help you with all of your Real Estate Needs.  Give us a call anytime at 704-235-3000 and visit our website at www.TheTempleTeam.com. *Excerpts taken from the website .... www.Realtor.com

By Scott Hudspeth, Agent Mastermind
(Agent Mastermind)
Comments 0
As a lender on the rise, you already know that the relationships that you have with real estate agents can quickly escalate your production to the next level. Yet many lenders struggle to take those valuable relationships to the level that they need to in order for both parties to get the most va...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 9 basis points today at 100.00 having remained below resistance offered by the 10 day moving average and closed 10 points below  it.  The conforming rate is at 4.875% day. My jumbo pricing is now. sizzling! The 3.0 year jumbo for $1 million was at 4.6250...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
After rising seven out of the last eight weeks, mortgage rates edged lower this week. Freddie Mac reports that the 30-year fixed-rate mortgage fell five basis points this week to 4.85% with an average 0.50 in points and fees. Freddie Mac said, "The modest decline in mortgage rates is a welcome re...

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 Dee Toohey, Broker, ABR, AHWD, CIPS, FMS, ePro
(Innovative Realty Solutions Group)
Comments 5
I'm sharing because this blog made me laugh.  We all need a little laughter and sunshine in our lives.Read on and let me know what your favorite quote was.   “Signs, signs, everywhere a sign”        In a veterinarian's waiting room: "Be back in 5 minutes. Sit! Stay!"   Brian B. sends this sign fr...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Construction of new homes declined in September from August, due in part to a drop in new construction in the South after Hurricane Florence hit North and South Carolina during the month. The Census Bureau reports that Housing Starts fell 5.3% in September from August to an annual rate of 1.201 m...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 0
Conventional 30 year Mortgage: 4.875%Credit score:740LTV:75%Loan Amount:$300kAPR: 5.032%FHA 30 year: 5% Credit Score:740LTV:96.5%loan amount:$300kAPR: 5.9 %Conventional 15 year: 4.375%Credit score:740LTV:75%Loan Amount:$300kAPR: 4.648% Rates are Subject to ChangeCall me today if you are thinking ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 24 basis points today at 99.94 having remained below resistance offered by the 10 day moving average and closed 22 points below  it.  The conforming rate is at 4.875% day. My jumbo pricing is now. sizzling! The 3.0 year jumbo for $1 million was at 4.62...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 7
“Signs, signs, everywhere a sign”    In a veterinarian's waiting room:"Be back in 5 minutes. Sit! Stay!" Brian B. sends this sign from a Florida air conditioning company:"Your wife is hot ....... fix the air conditioner." At the electric company:"We would be delighted if you send in your payment ...

By Fred Griffin, Licensed Florida Real Estate Broker
(Fred Griffin Real Estate)
Comments 0
Debt to income ratio or DTI is one of the primary calculations to determine credit worthiness for obtaining a home mortgage.  This along with your FICO score or Fair Isaac Corporation Score, will determine whether you can qualify for a mortgage. For most lenders, the DTI needs to be under 43% an...

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
There was a record number of job openings in August as the economy and labor market continue to strengthen. The Labor Department reports that its JOLTS (Job Opening and Labor Turnover Survey) report saw a record high 7,136,000 job openings at the end of August. The August number exceeds the July ...

By Victoria Carter, TwoMoveYou
(TwoMoveYou)
Comments 0
The Conservative Party of Canada plans to make the mortgage stress test a hot button issue in time for next year’s election, but explaining such a convoluted issue to Canadians could pose a challenge.The party’s Deputy Shadow Minister for Finance tabled two motions this year to study the impact o...