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 Mike Bjork
(CMG Financial)
Comments 2
http://MikesDailyMarketReport.com: The NFIB Small Business Index dropped from 105.0 in May to 103.3 in June. This index is a gauge with the Small Business sector's confidence. Job Openings shrunk from 7.4 million in April to 7.3 million in May. Stocks are trading in Mixed Territory, as NASDAQ rem...

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% 3.04% Fixed 2 Year 3.74% 2.89% Fixed 3 Year 3.89% 2.79% Fixed 4 Year 3.94% 2.94% Fixed 5 Year 5.34% 2.74% Fixed 7 Year 5.80% 2.99% Fixed 10 Year 6.10% 3.04% Variable 2.90% Prime 3.95% Benchmark 5.34%

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 12 basis points today at 102.250 having closed 223 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 4.00%. Whether in New Englan...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
32514 Pensacola Florida News: More economists predicting interest rate cut A Wall Street Journal poll of 46 economists found that 75% expected a Fed rate cut in either July or Sept. – an increase from 50% in a poll conducted in May. Read more. Call or Text Charles Stallions Now 850-476-4494 for a...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
After last week's holiday-shortened week, things will heat up in the next 5 days while volatility may also be on the rise for the US capital markets. The week will feature Fed Chair Powell as he delivers his semi-annual testimony on the state of the US economy in front of Congress on Wednesday an...

By Donald Payne, What's your Vision..
(Vision Realty)
Comments 0
The Department of Veterans Affairs has eliminated the VA loan cap instead of raising the loan fees for veteran benefits. Signed into law on July 2, 2019, the new Blue Water Navy Vietnam Veterans Act will allow home buyers to borrow above the 2019 limit of $484,350 for most counties in the country...

By Alan May, Helping you find your way home.
(Coldwell Banker Residential)
Comments 5
Here's a handy list of 10 things you can do to kill your chances of getting a loan today.1. THE PROPERTY NEEDS TOO MUCH WORK!This applies to REO's, foreclosures, and short sales... sure they're good deals, but getting financing can be rough.  Any broken windows, bad (or missing) appliances, leaki...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
  “Not all Credit Companies are Created Equal”     Hello Joe. I just checked my credit on Credit Karma. I am not sure how reliable it is, but it says Trans. 615 and Equifax 626.What was the score I have to reach to be eligible for the refinance?Did you happen to add up my bank statements and see ...

By Leo Namiot, Outstanding Service & Great Rates
(Canopy Mortgage)
Comments 0
 Jacksonville Florida FHA Mortgage Rates Have Dropped today to; 3.25% (APR 4.227) If you are looking to buy a home now is the time to take advantage of historic low mortgage rates before they go up. Today our FHA Mortgage Rate is at 3.25%  (APR 4.227%) , don't miss out on historic low rates. ( ra...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed flat today at 102.250 having closed 238 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 4.00%. Whether in New England, the Mid Atlan...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: There's no economic news scheduled on the Calendar today. Stocks are trading in the Red this morning, as Investors are repositioning their thoughts on the upcoming FOMC at the end of the month. The Jobs data on Friday were better than expected, which thwarted an...

By Leo Namiot, Outstanding Service & Great Rates
(Canopy Mortgage)
Comments 0
Mortgage Rates Drop Again -- Homeowners Can Save Hundreds Per Month By Refinancing If you own a home, the rate drop could mean serious financial savings over time. In fact, according to data and analytics firm Black Knight, nearly every mortgage loan originated in 2018 could see a rate drop via r...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 2
“Getting a HELOC can be Tricky”     Hello Joe, hope you have a wonderful weekend . Immersed in the kitchen remodel. I hit a few snags on the heloc. Originally the bank said I had access to $60,000, they did numbers wrong and it was going to be more like $25,000. I still had to then do the apprais...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Commercial Bond Yields CMB 5 Year - 1.87%* CANHOU 12/15/24 [+0.10]   ‌ 10 Year - 1.95% CANHOU 09/15/29 [+0.09]   * denotes interpolated rate GoC 5 Year - 1.52% CAN 1.50 09/01/24 [+0.09]   ‌ 10 Year - 1.56% CAN 2.25 06/01/29 [+0.10] GOC Bonds are for reference purposes only Floating rate insured ...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
    TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 3.04% Fixed 2 Year 3.74% 2.89% Fixed 3 Year 3.89% 2.79% Fixed 4 Year 3.94% 2.94% Fixed 5 Year 5.34% 2.74% Fixed 7 Year 5.80% 2.99% Fixed 10 Year 6.10% 3.04% Variable Rate 2.90% Prime Rate 3.95% Benchmark Rate 5.34% Cost p...

By Mike Bjork
(CMG Financial)
Comments 1
http://MikesDailyMarketReport.com: The BLS released their Jobs report for June, which came in higher than the expected 170k. The number came in at 224k new Jobs. However, the Unemployment Rate ticked Up from 3.6% to 3.7%. This was done, as a result of 335k new people came to the Labor Force. Also...

By Whitney Watson
(First Heritage Mortgage)
Comments 4
During my second year at the University of Virginia, I lived in the below house on 14th Street in Charlottesville with 11 other girls.  One average, we each paid $300/month in rent.  If our landlords’ monthly expenses were low (They weren’t putting much towards the upkeep of the property as you c...

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: 3.625% Credit Score:740LTV:96.5%loan amount:$300kAPR: 4.525%Conventional 15 year: 3%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 backed securities (MBS) closed up 19 basis points today at 102.50 having closed 267 points above support offered by the 200 day moving average. The conforming rate is at 3.875% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.00%. Whether in New England,...

By Samuel John, We give you daily about real estate market.
(Daily Real Estate Update)
Comments 0
Before, potential home buyers typically turned to banks for their mortgage needs. However today, home purchasers already have lots of choices at your disposal with the growing presence of mortgage brokers. Know that an independent broker is a certified individual who have complete access to lots ...