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 David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 0
Conventional 30 year Mortgage: 3.49%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.63%FHA 30 year: 3.375% Credit Score:740LTV:96.5%loan amount:$300kAPR: 4.375%Conventional 15 year: 3.0%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.245% 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 Rates edged lower in the latest week and remain just above historic lows. Low rates have been a tailwind for the housing sector and should continue throughout 2020. The Mortgage Bankers Association (MBA) reports that the 30-year fixed-rate mortgage fell four basis points to 3.87%, the lo...

By Mike Bjork
(Pinnacle Home Loan)
Comments 0
http://MikesDailyMarketReport.com: The NFIB Small Business Index dropped 2 points to 102.7 in December. On the inflation front, we have the Consumer Price Index, which rose only 0.2% in December, below it's 0.3% forecasts; and it's YoY rose from 2.1% to 2.3%. The Core CPI rose 0.1% in December an...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 3 basis points today at 102.97 having closed 80 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 Joe Manausa, Tallahassee Real Estate
(Joe Manausa Real Estate)
Comments 4
As a follow-up to last week’s article about understanding the short sales process, I thought I would write about how the Obama Administration is trying to speed up the process with its Home Affordable Foreclosure Alternatives Program (HAFA). This program offers financial incentives to lenders, se...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
The Mortgage Bankers Association (MBA) reports that its Mortgage Credit Availability Index (MCAI) decreased 3.5% in December to 182.2 and down 4% from June's record high of 189.8 though up 4.1% vs a year ago. A decline in the MCAI indicates that lending standards are tightening, while increases i...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed up 3 basis points today at 103.00 having closed 84 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, t...

By Mike Bjork
(Pinnacle Home Loan)
Comments 2
http://MikesDailyMarketReport.com: There are no economic data to report this morning, as it's a relatively quiet news day. Stocks are Up this morning on anticipation of the US and China Phase One Trade Agreement due to be signed this week, most likely on Wednesday. MBS is currently Down 8bps and ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 2
“Getting the Good Numbers when Buying a Business”  Good morning Joe,I have attached the explanation letter you requested we write to present to the to the lender you have chosen. Unfortunately, we were unable to obtain any additional financial information from the previous owner of the sales terr...

By Doug Walker
(Churchill Mortgage)
Comments 2
The reason I am writing you is to answer a question that some Dave Ramsey listeners often ask. Q: "Why Does Dave Ramsey Only Endorse Churchill?"  Great Question!Dave Ramsey has exclusively endorsed Churchill Mortgage nationwide to his loyal listeners since the beginning of his radio show in 1993....

By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
Comments 193
WHAT IS MORTGAGE APR, Can You Explain It? APR Demystified First, lets demystify the calculation for Annual Percentage Rate (APR). Mortgage APR was designed to allow consumers to use one standardized number to compare each lender's rate for the same type of loan while rate shopping.  It is suppose...

By Mike Bjork
(Pinnacle Home Loan)
Comments 1
http://MikesDailyMarketReport.com: Non-Farm Payrolls disappointed with 145k jobs in December based on 156k forecasts. November and October numbers were revised lower by 14k. However, the Unemployment Rate remains Unchanged at 3.5%. Average Hourly Earnings also disappointed, as it only rose 0.1%, ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 3 basis points today at 102.97 having closed 82 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, t...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“Permission Marketing”     I am impressed, I went online a made a bunch of inquiries about mortgages. Most asked some questions I just wouldn’t answer online others would call every few minutes which was pretty annoying. You however sent an email and a wonderful question. “What is the best way fo...

By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
Comments 12
FHA Home Mortgage Loan in San Diego - UFMIP FHA Mortgage Insurance Premiums (MIP)FHA (Federal Housing Administration) charges Mortgage Insurance Premiums (MIP) to protect the lender in the event of default.  They are collected by the lender and then forwarded to FHA. There are two types of MIP. c...

By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
Comments 54
Education is the Only Sure Consumer Protection Borrowers Must Know How Properly to Shop For Loans.   Life is better for all concerned when Your buyers know how to select competent lenders FIRST, 2 VERY IMPORTANT Rules:  Mortgage Rates, Points and Lender Fees are interdependent parts of every rate...

By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
Comments 114
I think this is sleezy advertising.  You too?  Lets do something about it. I received this junk mail postcard in the mail. My first question is, who sent it? The company names used are Lincoln Capital and and Lincoln Capital Group with a California DRE license number of 01414409. CA DRE lists a L...

By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
Comments 29
This will Make You a Rate Shopping Genius. Mortgage Rate Shopping is not Rocket Science but you should know all the tricks. Two Rules for Genius Mortgage Rate Shopping Rule #1  Get it in writing. Rule #2  Mortgage Rates, Points and Lender Fees are interdependent parts to each rate quote.  When on...

By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
Comments 3
Escondido Mortgages When shopping for Escondido Mortgages let Bill Ladewig's Experience be your Advantage FHA & VA Mortgage Specialist since 1970 FHA & VA Lender Consultant FHA & VA Mortgage Trainer FHA 203k Rehabilitation Loan Expert Energy Efficient Mortgages (EEM) Certified CalVet Mortgage Cou...

By Mike Bjork
(Pinnacle Home Loan)
Comments 1
http://MikesDailyMarketReport.com: The Weekly Jobless Report continues to show strong labor market, as only 214k people applied for benefits last week. Stocks are Up this morning, as tensions in the Middle East seem to calm down; and China announced they'll be in Washington DC to sign the Phase O...