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 Samuel John, We give you daily about real estate market.
(Daily Real Estate Update)
Comments 0
 Irrespective of this being the first time you are looking for property holders insurance or substituting one for the other, you will require coverage that is suitable for your requirements; however, not the one which costs you vast amounts of money. Most home loan organizations necessitate that ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Small business optimism remained strong in September though it did decline in September due in part to the global trade issues. The NFIB Small Business Optimism Index fell 1.3 points to 101.8. September's figure falls within the top 20% of all readings in the index's 46-year history. “As small bu...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
“You Never Know Who is Listening”  An elderly gentleman had serious hearing problems for a number of years. He went to the doctor and the doctor was able to have him fitted for a set of hearing aids that allowed the gentleman to hear 100 %. The elderly gentleman went back in a month to the doctor...

By FELICIA MCDONALD, IRS Tax Specialist Serving Memphis, TN Metro Area
(McDonald Tax Consulting)
Comments 0
A levy is a legal seizure of your property to satisfy a tax debt. Refusal to pay the tax will result in the IRS issuing a levy after they assess the tax and send a tax bill or a Notice and Demand for Payment.If you still refuse to pay, then the IRS will issue a Final Notice of Intent to Levy and ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 6 basis points today at 102.78 having closed 151 points above support offered by the 200 day moving average. The conforming rate is at 3.625% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.125%. Whether in New England,...

By Mike Bjork
(Pinnacle Home Loan)
Comments 1
http://MikesDailyMarketReport.com: The NFIB Small Business Index, which gauges the confidence with Small Businesses, dropped from 103.1 to 101.8. The Producer Price Index, which measures inflation with the Wholesale Sector, dropped 0.3% MoM, which it's YoY dropped from 1.8% to 1.4%. The Core PPI,...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 12
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 Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 10
What Happens When My Appraisal Comes in Low (or High!)? You’re in the process of buying a home, and so far things have been going pretty smoothly.  Your lender has pre-approved you, your Realtor has found you the perfect home, and with a bit of luck, the seller accepted your offer and now you’re ...

By D. Bass, Blog: Ask The Underwriter
(Ask The Underwriter)
Comments 1
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 Patricia Feager, MBA, CRS, GRI,MRP, Selling Homes Changing Lives
(DFW FINE PROPERTIES)
Comments 0
 Here's a great explanation of the Appraisal process and what you can expect when the appraisal comes in low or high. Comments are disabled for the purpose of going directly to the author, Rob Spinosa. ActiveRain is a great platform to learn, get educated, network and make/obtain referrals. Disco...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“Yes, I can get these Mortgages Accomplished for You”  Joe, I read one of your blogs on financing income properties without having to use tax returns. There is a lot of income from the units, as they range from $1750 to $2350. The problem that I have been having is these units run between 330 and...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Fannie Mae's Home Purchase Sentiment Index (HPSI) for September reveals that consumers' economic and financial concerns kept housing confidence in check. The Home Purchase Sentiment Index fell 2.3 points in September to 91.5, retreating from a survey high in August. Three of the six HPSI componen...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed flat today at 102.72 having closed 145 points above support offered by the 200 day moving average. The conforming rate is at 3.625% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.125%. Whether in New England, the Mid Atla...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
Our Residential Mortgage Branch opportunities are like no other! Could this be what you've been looking for?Working with Texana Bank you'll be able to originate in all 50 states with no additional state licensing requirements. If you've been working for one of the big banks or mortgage companies ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 5
“Want to Buy a Home, but NO Credit Scores” https://youtu.be/LDAmmXPlhE4 Yes, there are many folks that want to buy a home and have no credit scores. Fortunately for many they call me and I tell them I can get them a mortgage even with no credit scores.  If you or anyone you know is in this kind o...

By Mike Bjork
(Pinnacle Home Loan)
Comments 0
http://MikesDailyMarketReport.com: There are no economic data to report today. The Stock Market is Down this morning on the disappointing data from last week and not feeling too optimistic ahead of this week's China/US trade negotiations, as reports are coming out that China is looking for a limi...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 0
There isn’t too much on the docket today, but the CPI and PPI releases scheduled for later in the week will give the market better insight into the current state of inflation.  Additionally, the Fed minutes from the September FOMC meeting will be released on Wednesday.  not on the calendar but al...

By D. Bass, Blog: Ask The Underwriter
(Ask The Underwriter)
Comments 2
***Look out for our bite-size training Webinars and our upcoming FHA & USDA webinars.*****If you were not able to subscribe to our newsletter, please try again. The link has been fixed**I hope this was informative, please join our mailing list for more tips.Rent with an option to purchase can be ...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
Pensacola Florida 32514: Fed Official Issues Warning About Risky Mortgage ProductThe “asset loan” – a type of mortgage once associated with the wealthy – is being used more-and-more for mid-level purchases, warns the OCC. In most loans, the secured asset is the property itself; but with an asset ...

By David Jackson, MBA, Financial lending analyst
(Olympus Labs)
Comments 1
Businesses looking to give their bottom line a boost should consider cryptocurrency. As cryptocurrencies like Bitcoin grow in popularity as a mainstream form of payment, businesses can capitalize on a new target audience, among other profitable benefits.Banks and businesses alike are seeing the b...