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 0
The Mortgage Bankers Association reports that the 30-year fixed-rate mortgage was essentially unchanged in the latest week at 4.07% with 0.38 in points and fees. Rates are at lows seen in September 2017. The Labor Department reports that Americans filing for first-time unemployment benefits fell ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“Great Way to Get the Message Across”    A man and his wife were making their first doctor visit, the wife being pregnant with their first child. After everything checked out, the doctor took a small stamp and stamped the wife’s stomach with indelible ink. The couple was curious about what the st...

By TIM GRISSETT
(Chapman Hall Premier Realtors)
Comments 3
Owning a home is the first step to building equity.  Tenants build equity but not for themselves; they build it for the owners.Equity is the difference in the value of the home and what is owed on the home.  There are two dynamics that cause this to grow: appreciation and principal reduction.As t...

By Mike Bjork
(CMG Financial)
Comments 1
http://MikesDailyMarketReport.com: ADP had a revision for it's May's numbers, which was revised higher from it's initial of 27k to 41k. It's numbers rose in June, from 41k to 102k; but below it's estimations, which were closer to the 160-180k range. Initial Jobless Claims, also, had a revision fr...

By Mitun Bhowmick, BG/SBLC FOR LEASE
(Bhowmick LEASING COMPANY )
Comments 55
We are direct provider for BG/SBLC specifically for lease, at Leasing Price: 3.5% of Face Value plus (0.5+X)% commission fees to brokers, Issuance by HSBC Bank London , Barclays Bank London,ICBC (London) Our BG/SBLC Financing can help you get your project funded, loan financing by providing you w...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 0
 Both Fannie and Freddie have announced they are reducing income limits for their low and moderate income programsFor Fannie Mae this is the HomeReady program and For Freddie Mac it is the Home Possible.These are both GREAT programs and will often be significantly better than an FHA loan. Both al...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
CoreLogic reports that home prices nationwide, including distressed sales, rose annually by 3.6% in May 2019 from May 2018 and were up month-over-month by 0.9% in May 2019 compared with April 2019. The year-over-year 3.6% gain is a fraction of what gains were in the previous year, but at healthie...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 19 basis points today at 102.31 having closed 250 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 Mike Bjork
(CMG Financial)
Comments 1
http://MikesDailyMarketReport.com: Nothing on the Economic Calendar today. Stocks are in Negative Territory this morning, after yesterday's rally on the euphoria on the agreement between US and China to go back to the table for their Trade Talk. Now Wallstreet is waiting on Job Numbers that will ...

By MBM RESEARCH, Marketplace Research
(MBMRESEARCH)
Comments 0
Recent activity in the S&P 500 (SPX) forced the index through several important support levels on the smaller time frames. On the hourly charts, we saw a slight bounce into the close as prices were pressuring the lower Bollinger Band (2-standard deviations). But there is no doubt that we have mov...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
32514 Pensacola Florida News: Will the Fed cut interest rates this month? It appears that a gloomy economic outlook and trade tensions might coerce the Fed into lowering interest rates, which directly impact ARMs and, indirectly, FRMs. Read more. Call or Text Charles Stallions Now 850-476-4494 fo...

By Joe Resendiz, Jr. Research Analyst
(ValuePenguin)
Comments 0
Americans are carrying a staggering amount of student loan debt. According to a recent report, 44.7 million people in this country have student loan debt, adding up to a whopping $1.56 trillion. And that debt has implications beyond education — in a 2017 survey by the National Association of REAL...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
The US and China reached a trade truce at the G-20 Summit in Japan over the weekend with both sides agreeing on reopening the talks. The US will also ease restrictions on China's tech giant Huawei while China and hold off on any additional tariffs while China has agreed to stop sanctioning US soy...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“Cash Available in spite of Issues”     Hi Joe,Thank you for taking my call yesterday. Can’t believe I couldn’t get the mortgage that I need from any Boston banks that I contacted, but at this point I could care less as I was directed to you. Looking forward to hear the details for the mortgage y...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 6 basis points today at 102.12 having closed 232 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 Mike Bjork
(CMG Financial)
Comments 1
http://MikesDailyMarketReport.com: Markit Manufacturing PMI rose from 50.1 in May to 50.7 in June. ISM Manufacturing Index dropped from 52.1% in May to 51.7% in June. Globally, many countries (like China, Japan and Germany) are contracting in Manufacturing. Constructions Spending dropped 0.8% in ...

By MBM RESEARCH, Marketplace Research
(MBMRESEARCH)
Comments 4
For new investors, the decision to inquire about hotel financing can be a daunting prospect. But the reality is that the process is not entirely different from many other lending practices which are much more familiar to consumers (i.e. home mortgage loans). Now that you have made the leap into n...

By Shawn Jones, Assisting Real Estate Professionals with Marketing
(Projects By Shawn LLC)
Comments 1
An emergency fund is a financial best practice that every homeowner needs to adhere to. It will give you the peace of mind you need to ensure that you do not go into debt. An emergency fund is a money that you put aside to use in case something happens that will cost you a large lump sum of money...

By Gustavo Torres / RE/MAX Rosarito Beach, Tijuana Coastal, Ensenada, BAJA, Remax Baja Realty, Baja California
(Remax Baja Realty)
Comments 0
Al iniciar el año siempre tenemos en claro a donde queremos llegar, en base de objetivos y metas por cumplir a lo largo del año ya sea financieramente o personalemente.Los objetivos pueden ir desde ahorrar, hasta hacerse de algún bien para tu patrimonio.Si entre tus metas esta el "COMPRAR UNA CAS...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Commercial Bond Yields CMB 5 Year - 1.76%* CANHOU 12/15/24 [-0.01]   ‌ 10 Year - 1.91% CANHOU 09/15/29 [-]   * denotes interpolated rate GoC 5 Year - 1.41% CAN 2.25 03/01/24 [-0.02]   ‌ 10 Year - 1.48% CAN 2.0 06/01/28 [-0.01] GOC Bonds are for reference purposes only Floating rate insured cost ...