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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 9
“I’m Impressed!”    A guy sticks his head in the barber shop and asks, "How long before I can get a haircut?" The barber looks around the shop and says, "About two hours." The guy leaves. A few days later, the same guy sticks his head in the door and asks, "How long before I get a haircut?" The b...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 0
Conventional 30 year Mortgage: 4.125%Credit score:740LTV:75%Loan Amount:$300kAPR: 4.702%FHA 30 year: 4.125% Credit Score:740LTV:96.5%loan amount:$300kAPR: 5.025%Conventional 15 year: 3.625%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.9% Rates are Subject to ChangeCall me today if you are thinki...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed flat today at 102.38 having closed 90 points above support offered by the 200 day moving average. The conforming rate is at 4.25% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.125%. Whether in New England, the Mid Atlantic...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
The spring homebuying season got off to a decent start though sales have somewhat eased this season. RE/MAX reports that home sales in March were up 29% from February though down 8.6% from a year earlier. RE/MAX reports that March 2019 was the 8th consecutive month of year-over-year declines and ...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: Wholesale Inventories rose 0.2% in February. Later today, the Fed's Beige Book will be released. This will provide us with a more Micro view of our economy, broken down into regions. Stocks are trading in Mixed Territory based on Mixed Corporate Earnings Reports...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 2
 Over the years I have had this question asked in so many ways.... Furniture is a common one, and a client just asked me that one yesterday.  While guidelines continue to evolve it is important to understand what is happening in the mortgage world and what we do as lenders, often behind the scene...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 3.19% Fixed 2 Year 3.74% 3.19% Fixed 3 Year 3.89% 3.09% Fixed 4 Year 3.94% 3.19% Fixed 5 Year 5.34% 3.09% Fixed 7 Year 5.80% 3.49% Fixed 10 Year 6.10% 3.44% Variable 2.95% Prime 3.95% Benchmark 5.34% Rates may vary provin...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 80
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 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 97 points above support offered by the 200 day moving average. The conforming rate is at 4.25% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.125%. Whether in New England, the...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 9 basis points today at 102.41 having closed 96 points above support offered by the 200 day moving average. The conforming rate is at 4.25% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.125%. Whether in New England, t...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Corporate earnings season kicked off on a high note today with the banking sector coming in with solid numbers. Both JPMorgan Chase and Wells Fargo beat expectations for revenues and profits. Earnings season will give investors insight as to whether or not the US economy is cooling and what will ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
US stocks are lower to begin the holiday shortened trading week after mixed earnings numbers from Goldman Sachs and Citigroup as earnings season kicks into high gear. The S&P 500 Stock Index, currently at 2,902, is now just 26 points from its all-time closing high of 2,930 hit back on September 2...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: Industrial Production dropped 0.1% in March, even though forecasts called for a rise of 0.1%. On the same report, Capacity Utilization dropped from 79.0% to 78.8%, even though, it too, called for a rise on it's forecasts. Home Builder's Confidence is slowly risi...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Home builders remained confident in the market for newly-built single-family homes in April though they continue to deal with affordability concerns due to a shortage of construction workers and buildable lots. The NAHB Housing Market Index rose one point this month to 63 where any number over 50...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 2 basis points today at 102.41 having closed 94 points above support offered by the 200 day moving average. The conforming rate is at 4.25% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.125%. Whether in New England, t...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“Should I get a Home Equity Line of Credit or Refinance”    Joe,  Your name was given to me by my insurance agent and I could use some advice. She told me you were the right person to ask. I have a little over $30,000 in credit card debt I would like to eliminate. Should I get a home equity line ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 10
“No One can Relate, Right?”    Junior had just received his brand new driver’s license. To celebrate, the whole family trooped out to the driveway and climbed into the car for his inaugural drive. Dad immediately headed to the back seat, directly behind the newly minted driver. "I'll bet you're b...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
HIGH RATIO fixed term best discounted rates & posted rates as of April16, 2019 Terms                           Posted Rates               Preferred Rates 6 mos                           3.34%                          3.30%1 year                          3.59%                          3.19%2 year ...

By Bob Thompson, 562.344.5626 | Stated Income & HELOCs, RT Capital Advisors, Inc.- Commercial/Residential
(RT Capital Advisors, Inc. CEO)
Comments 0
Home Equity Line of Credit (#HELOC)  Stated Income-Verified Assets (SIVA)  Owner-Occupied, Non-Owner Occupied and Second Homes, SFR's, 2-4's and Condos. 600+ FICO needed. Over 700 FICO, first 6 months starting at 3.88%.  Loan amounts from $150,000 - $5,500,000. Up to 70% LTV to $1,000,000 loans o...

By Leo Namiot, Great Low Mortgage Rates...Check Them NOW
(Canopy Mortgage)
Comments 0
Thinking of moving to Florida?   The hottest real estate market in Florida is St Johns County. Home sales are booming, business growth continues to expand and if you have children you can take advantage of the #1 public school system for 8 years in Florida " St Johns County"One of the many awesom...