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 John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 3
1 Week VS 3 Months  When do I lock in my interest rate?  That's a pretty frequently asked mortgage question, and comes up on just about every loan file we work with.  The truth of the mortgage industry is that most loan officers will feed customers the line that goes something like "If I had a cr...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed up 25 basis points today at 102.81 having closed 87 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 4.125%. Whether in New England, ...

By Mike Bjork
(Pinnacle Home Loan)
Comments 3
http://MikesDailyMarketReport.com: Retail Sales disappointed in November, as forecasts called for 0.5% increase, and it just increased by 0.2%; and if you exclude Autos, then it only rose 0.1%. Import Prices rose 0.2% in November. Business Inventories rose by 0.2% in October. Stocks started the m...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
   “Don’t Overpay When Obtaining a HELOC”  Joe,As you well know, we always look to you when it comes to our mortgages and now need some advice. We are looking to increase our current line of credit.  Basically, they said that we have to reapply and the fees would be nearly $1000, which we'd like ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Home equity increased which is providing a source of wealth for homeowners in the U.S., CoreLogic reports. Borrower equity increased by $457 billion in the third quarter of 2019 compared with the third quarter of 2018, a 5.1% increase. CoreLogic went on to report that borrowers have gained $6 tri...

By Danny Papadopoulos, Offering Private & Second Mortgages in Toronto
(Homebase Mortgages)
Comments 1
Canadians are finding that it has become increasingly difficult to qualify for a mortgage lately, especially after several mortgage stress tests were implemented. In relation to this, a recent Equifax Canada survey revealed that a lot of Canadians are willing to commit fraud if it meant qualifyin...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage rates inched higher this week and have steadily increased since September. Freddie Mac reports that the 30-year fixed-rate mortgage rose five basis points this week to 3.73% with 0.7 in points and fees. In early September the rate was 3.49%. Freddie Mac says, "The risk of an economic dow...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 19 basis points today at 102.53 having closed 60 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 4.125%. Whether in New England...

By Matt Brady, Lending With Competence And Character
(Finance Of America)
Comments 0
Happy New Loan Limits Time!Yes, the Conventional, FHA and VA loan limits are all going up for 2020.The new Conventional Limit nationwide is $510,400 about 9.5% above this year. Each County has a different loan limit and high balance loan limits can be found if you follow this linkhttps://www.fann...

By Mike Bjork
(Pinnacle Home Loan)
Comments 3
http://MikesDailyMarketReport.com: Weekly Jobless Claims came in much hotter than expected at 252k. As I had forecasted last week, this was to be expected because last week's really low number was due to the Thanksgiving Holiday being shortened and we'd see a bit of a spillover into this week's r...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 0
Conventional 30 year Mortgage: 3.625%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.765%FHA 30 year: 3.25% Credit Score:740LTV:96.5%loan amount:$300kAPR: 4.25%Conventional 15 year: 3.125%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.37% Rates are Subject to ChangeCall me today if you are thinkin...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage rates were essentially unchanged in the latest week and remain just above historic lows, reports the Mortgage Bankers Association (MBA). The 30-year fixed-rate mortgage rose one basis point to 3.98% with 0.33 points in the week ending December 6, 2019. The Market Composite Index, a measu...

By Dave Benneton, Fast Cash Offers
(Digital Bullet)
Comments 0
Mortgage Refinancing: FHA, VA, Conventional, And More, With Cash-Out OptionsFor most borrowers, there are almost as many mortgage refinance options out there as there are mortgages.Mortgage interest rates are still sitting at an exceptionally low level, so if you're considering refinancing your h...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“Ever wonder...”     If twins ever realize that one of them was unplanned?What if my dog only brings back my ball because he thinks I like throwing it?If poison expires, is it more poisonous or is it no longer poisonous?Which letter is silent in the word "Scent," the s or the c?Every time you cle...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 19 basis points today at 102.75 having closed 83 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 4.125%. Whether in New England, ...

By Mike Bjork
(Pinnacle Home Loan)
Comments 0
http://MikesDailyMarketReport.com: CPI rose 0.3% in November and saw it's YoY increase from 1.8% to 2.1%. The Core CPI (excluding food and energy components) rose 0.2%, as it's YoY remained Unchanged at 2.3%. Later this morning, the Fed will wrap up their 2 day meeting and Chairman Powell will gi...

By Roy Kelley
(Realty Group Referrals)
Comments 9
The federal government requires all federally regulated or insured mortgage lenders to require borrowers to maintain flood insurance if the property to be mortgaged is in a high risk flood area.  Please visit the original blog if you wish to leave comments. The federal government requires all fed...

By Roy Kelley
(Realty Group Referrals)
Comments 11
The guidelines  for waiting periods after bankruptcy are almost as confusing as the guidelines for short sales and foreclosures.  The guidelines will be provided in two parts so as to keep things short and simple.  This post will address conventional loans and tomorrow I will develop the guidelin...

By Barbara Todaro, Marketing Agent for The Todaro Team
(RE/MAX Executive Realty )
Comments 2
Need More Bedrooms? Here Is 85 Pine St Franklin MA with 4 spacious bedrooms  Overview Maps Photos Features 85 Pine St Franklin MA Video Market Stats $565,000 Single Family Home Main Features 4 Bedrooms2 Full Bathrooms1 Half Bathroom1 UnitInterior: 2,815 sqftLot: 23,559 sqftYear Built: 2000MLS #:...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
The good news continues to stream in from the small business sector of the economy. The NFIB Small Business Optimism Index saw its largest month-over-month gain since May 2018, up 2.3 points to 104.7 in November. The NFIB said that overall, the Main Street economic machine continued to push the e...