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 3
“Guilty as Charged?”     The wedding ceremony came to the point where the minister asked if anyone had anything to say concerning the union of the bride and groom.The moment of utter silence was broken when a beautiful young woman carrying a child stood up. She starts walking slowly towards the m...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 31 basis points today at 101.50 having broken through resisitance offered by the 200 day moving average for the first time in months.  The conforming rate is at 4.625% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.6250%...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
November Housing Starts rose 3.2% from October to an annual rate of 1.256 million units versus the 1.230 million expected. October was revised lower to 1.217 million from 1.228 million. Housing Starts were down 3.6% from November 2017. Building Permits jumped 5% percent from October to an annual ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 8
Mortgage backed securities (MBS) closed up 19 basis points today at 103.16 having finished the day just 11 basis points below resistance offered by the 50 day moving average. The 30 year was available at 4.00% today.  The 30 year jumbo was at 4.00%.  Whether in New England, the Mid Atlantic or th...

By David Jackson, MBA, Financial lending analyst
(Olympus Labs)
Comments 1
Between 2016 and mid-2018, Jacob Gottlieb has been conspicuously missing from the healthcare investment world. After the demise of Visium Asset Management where he was the founder and chief investment officer, he took some time to clear off the operations of the firm. Now, he is back with another...

By Evan Roberts, We Buy Houses
(Dependable Homebuyers)
Comments 0
 Most of us run on credits and that’s why we have our credit scores. Well, living with credits is good as long as you are responsible and wise enough to find ways to pay them on time. Getting a house through a mortgage is something the same with purchasing using a credit card, only to a higher an...

By Gary D. Whidby, CPA, IRS Administrative Tax Law Representation
(Gary D. Whidby, CPA)
Comments 1
December 18, 2018www.StatewideCPA.com/Blog DON’T PAY IRS PENALTIES The IRS has over 148 different types of penalties they can hit you with. And the worst part is that the IRS can also charge interest and additional penalties on the original penalty. Penalties can be such a high percentage of the ...

By Melanie Cameron, The Cameron Team
(Coldwell Banker Sea Coast Advantage)
Comments 0
Realtor Melanie Cameron of The Cameron Team at Coldwell Banker Sea Coast Advantage in Wilmington, NC, shares the recent announcement from the Federal Housing Administration on loan limits in 2019. Great news! They're increasing. Watch the video to learn more. Get more great tips in our 60-page Bu...

By Reshawna Leaven, Experience. Knowledge. RESULTS.
(Keller Williams Realty)
Comments 1
Exciting News the Veterans Affairs have brought back their Vendee Loan Program.What is the vendee is terms of real estate? The term "vendee" is a buyer of a specific real property.- Eligible properties: VA REO (real estate owned)- The best part of the program is that you DO NOT have to be a Veter...

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
Mortgage backed securities (MBS) closed up 16basis points today at 101.19 having closed 34 basis points above support offered by the 100 day moving average.  The conforming rate is at 4.75% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.6250%.  Whether in New Eng...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 7
  “Not the Right Time for Me to Buy”     Hi Joe,I wanted to let you know that I have decided not to pursue the purchase of the property and wanted to thank you for all of your help along the way.  After looking at what my mortgage payment and utilities would cost along with the renovations that I...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
It's Fed week! The Fed kicks off its two-day Federal Open Market Committee meeting tomorrow and will end on Wednesday at 2:00 p.m. ET with the monetary policy statement and a projection of economic indicators. The Fed's Powell will hold a press conference at 2:30. The Fed is expected to hike the ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Despite the fact that crude oil features were down nearly another dollar this morning, Standard & Poors futures opened lower today.  The producers' price index (PPI) was down .2% this while the core PPI was unchanged.  Trading was light and close to the vest today as the equity traders, like the ...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 2
Lock Watch for the Week of 12/17/2018 Volatility-O-Meter:FOMC statement and virtual certainty of another rate hike (.25%).  This will not surprise anyone, but against the backdrop of recent market volatility, the ensuing statement could.  Then, GDP on Friday. Economicalendar (all times are Pacifi...

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 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% 3.39% Fixed 4 Year 3.94% 3.64% Fixed 5 Year 5.59% 3.49% Fixed 7 Year 5.80% 3.74% Fixed 10 Year 6.10% 4.04% Variable 2.90% Prime 3.95% Benchmark 5.34%

By Julie Lipnitz
(Horizon Realty of Mackinac Island)
Comments 50
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 Darin Osenberg
(Funky Quail Vintage)
Comments 72
Hello everyone!  Everyone on AR,and in the Realestate Market...I am sure KNOWS that USDA loans (where applicable) are arguably the BEST PRODUCT OUT THERE!!!  However, did you know that you can purchase a home that needs some LOVE and FINANCE the improvements?  All with NO MORTGAGE INSURANCE AND A...

By George DeVine, Mortgage Banker
(Atlantic Home Loans)
Comments 0
European Central Bank Ends Bond Purchases While a lot of volatility again was seen in the stock market, it was a relatively quiet week for mortgage rates. The major U.S. economic data came in on target, and there were no surprises from the European Central Bank. As a result, rates ended with litt...