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 Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
The housing market in 2020 has been upgraded in forecasts for single-family housing starts, new home sales and mortgage originations. Fannie reports that its Home Purchase Sentiment Index (HPSI) capped off a strong year in December with the index just below the survey high at 91.7. Three of the s...

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: 3.25% Credit Score:740LTV:96.5%loan amount:$300kAPR: 4.25%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 o...

By Mike Bjork
(Pinnacle Home Loan)
Comments 0
http://MikesDailyMarketReport.com: The ADP report on new jobs came in hot! The November numbers were revised higher. The initial data for November was 67k and revised higher by 57k to 124k. In December, it rose to 202k; so, very nice numbers! We'll get to view the BLS' numbers on Friday, which wi...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 18 basis points today at 102.84 having closed 70 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 Brock VandenBerg, Hard Money Lender
(TalIMar Financial)
Comments 0
I would like highly our most recent funding of a $525,000 Hard Money Fix and Flip loan we funded in San Diego. Our Borrower first approached TaliMar Financial requesting a Proof of Funds letter for the purchase of a single family home in pocket neighborhood of San Diego. He knew the homeowner was...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 8
“Don’t Read if You are Easily Offended”  Welcome to 2019...first snowfall of the season!8:00 am: I made a snowman. 8:10 - A feminist passed by and asked me why I didn't make a snow woman. 8:15 - So I made a snow woman. 8:17 - My feminist neighbor complained about the snow woman's voluptuous breas...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“Flood Waters are Definitely an Appraisal Issue”     Joe, Just wondering if the driveway being under 12" of flowing water impacts the appraisal of the property?  We knew the property was within the 100 year flood plain, not the house, but seeing it first hand is something different.  I'm thinking...

By Mike Bjork
(Pinnacle Home Loan)
Comments 1
http://MikesDailyMarketReport.com: The ISM Non-Manufacturing Index, which is the "Gold Standard" index in it's reports of the health of the Services Industry, rose from 53. 9% in November to 55.0% in December. This followed the same trend as yesterday's Markit Services PMI data, but a greater jum...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
The service sector of the U.S. economy continues to be a bright spot. The sector provides a service, not a product, such as retail, banks, hotels, real estate and the like. The Institute for Supply Management's Service Index registered 55 in December with the sector growing for the 119th consecut...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
The U.S. financial markets kick off the week impacted by geopolitical headlines though both stock and bond prices trading near unchanged on the push-pull Middle East tensions coupled with positive U.S. - China trade headlines. U.S. stocks opened lower but have quickly shed losses as the session d...

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 85 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 Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
We have access to any home on the gulf coast, from Pensacola to Pace, to Gulf Breeze and many that will be coming SOON to the market let us save you money whether selling or buying. Call, text 850-476-4494 or email us charles@charlesstallions.com.  NOW YOU KNOWPensacola Florida 32514: FHA Lending...

By D. Bass, Blog: Ask The Underwriter
(Ask The Underwriter)
Comments 1
This new year I've had time to reflect on the past year, I wanted to start this new year as a "MASTER BLOGGER" and blog three times a week and build my business and help people achieve their closing goals! Underwriting is the same way, we want to help people achieve the dream of HOME-OWNERSHIP! M...

By Mike Bjork
(Pinnacle Home Loan)
Comments 2
http://MikesDailyMarketReport.com: Markit Services PMI rose from 52.2 in November to 52.8 in December. Stocks started the Morning in the Red, as Investors continued their concerns over the Drone Strikes in Iraq last week; however, the sentiment softened, and Stocks closed in Positive Territory. M...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed flat  today at 102.97 having closed 85 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, the Mid Atlan...

By Dan Papadapoulis, Home equity loans, second mortgages Toronto
(Mortgage Central Nationwide)
Comments 0
Homes are expensive. For most people, buying a home is the most expensive purchase they will ever make in their life and is a huge investment. It only makes sense to want to protect that investment and want it to grow. But how do you grow a home investment and how do you protect it? Aside from ha...

By D. Bass, Blog: Ask The Underwriter
(Ask The Underwriter)
Comments 2
If I had to pick a number one sore spot between Realtors and Originators it would be missed deadlines (closing dates). Technology has cut down the time it takes to close a loan, but an incomplete application is still the number one pipeline stopper. An incomplete application can stop a loan at se...

By Ken Blaudow
(Indy Mortgage)
Comments 12
Their has not been a time in history where the FHA 203k Streamline Rehab Loan has been as important is it is today in financing homes in America. Here are the most Frequently asked Questions and Answers on the FHA 203k Streamline Rehab Loan. br />You can find more info at www.indymortgage.com

By Ken Blaudow
(Indy Mortgage)
Comments 11
Buy A HUD Home With Only $100 Down! All HUD owned homes for sale in Indiana can be purchase with a FHA loan with the down payment of only $100. HUD will pay as much as 3 percent of the sale price to offset closing costs, plus it will finance the transaction. Lists of HUD properties available und...

By Noah Gamer, Real Estate Advisor serving North Dallas Texas
(GAMER Real Estate Group)
Comments 1
  Fundamental Real Estate Terms  While searching for the best North Dallas Texas Home as a first-time home buyer, you may come across several terms that are specifically used in the real estate sector.  1. Fixed-rate mortgage: interest rate paid on the home loan remains fixed. 2. Adjustable-rate ...