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
Economic activity in the manufacturing sector contracted in December while the overall economy grew for the 128th consecutive month, in the latest report from the Institute of Supply Management (ISM). The ISM Index fell to 47.2 last month from 48.2 recorded in November and below the 49.0 expected...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 6 basis points today at 102.97 having closed 87 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 Brock VandenBerg, Hard Money Lender
(TalIMar Financial)
Comments 0
San Diego, CA – TaliMar Financial is excited to announce our most recent funding of a $713,000 Construction Loan in Bermuda Dunes, CA. The loan included funds to complete construction and a 9 month payment reserve. Once construction is complete, the Borrower will refinance the property with conve...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“Selling Your Current Home Can Create Opportunity”   Good Evening/Morning Joe, We are planning on putting in an offer on a home we looked at today. The offer is going to be for $480,000 with 5% down ($24,000). When you have the opportunity to send over the preapproval for this it would be appreci...

By Mike Bjork
(Pinnacle Home Loan)
Comments 1
http://MikesDailyMarketReport.com: ISM Manufacturing Index disappointed, as it dropped in December (going from 48.1% in November to 47.2% in December). Analysts may begin to disregard this report in the near future, as Boeing intends to halt their 737 Max production in January. Production by Boei...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 2
The VA announced that there will be a change to the VA Funding fee with all loans closing beginning 1/1/2020.First off- What is the VA funding fee? Effectively it is the VA's version of Mortgage insurance and it is the least expensive version of insurance available for borrowers today. For any ve...

By JoAnn Moore, Home Loans in Delaware
(The Mortgage Market of Delaware)
Comments 6
Outside the Norm Home LoansUnusual circumstances call for expert financial guidance to find the right loan. When it comes to home loans most people are aware of the normal, regular loans and may be surprised there are quite a few loan programs to fit not so normal sets of wants and needs.For exam...

By Mike Bjork
(Pinnacle Home Loan)
Comments 1
http://MikesDailyMarketReport.com: The Weekly Jobs reported that 222k people applied for first time unemployment benefits last week. The previous report was revised higher by 2k, to 224k. The Markit Manufacturing PMI released their final number for December, which came in at 52.4. This is higher ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“It’s All in How You Ask the Question?” Wife texts husband on a cold winter morning: "Widows frozen, won't open."Husband texts back: "Gently pour some lukewarm water over it and then gently tap edges with a hammer." Ten minutes later the wife texts back, "Computer really messed up now!"

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 8
“And Now You Know the Rest of the Story”     When four of Santa's elves got sick, the trainee elves did not produce toys as fast as the regular ones, and Santa began to feel the pre-Christmas pressure.Then Mrs. Claus told Santa that her Mother was coming to visit, which stressed Santa even more.W...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 6 basis points today at 102.84 having closed 76 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 Mike Bjork
(Pinnacle Home Loan)
Comments 0
http://MikesDailyMarketReport.com: Happy New Years! Hope you all have a fun, safe New Years Eve tonite! We have a few data to report, which we'll begin with the Case Shiller HPI for October, which it rose from 3.2% to 3.3% YoY. This is considered the "Gold Standard" index for Home Prices. Consume...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 13
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 Bob Thompson, 562.344.5626 | Stated Income & HELOCs, RT Capital Advisors, Inc.- Commercial/Residential
(RT Capital Advisors, Inc. CEO)
Comments 0
Terms: 1, 2, 3, 4 or 5 year loans amortized for 30 or 40 years.Rates from 7.99% and 2 points.NO minimum FICO score required.Choose a pre-pay period.10 day close of escrow in CA.Investor Loans, REO financing, Interest only available. Any amount of properties allowed. Interest reserve options. Unli...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
  “Big Pay Day Makes it a Happy Monday”   Hi Joe!  Happy Monday!  I hope you are having a great vacation, well deserved I’m sure! I just wanted to let you know that the funds from the estate were available to me on Friday. I am paying all debts off today and tomorrow. I am very excited to get thi...

By Mike Bjork
(Pinnacle Home Loan)
Comments 0
http://MikesDailyMarketReport.com: Chicago PMI improved a little bit, as it went from 46.3 to 48.9 in December. However, this still in contraction levels. Pending Home Sales rose by 1.2% in November. Stocks are in the Red this morning, as Investors reassess their positions in the Market. As is th...

By Brock VandenBerg, Hard Money Lender
(TalIMar Financial)
Comments 0
TaliMar Financial is excited to announce our most recent funding of a $810,000 Bridge Loan secured in 1st position on a single family home in San Diego, CA. The loan request request was brought to us by a real estate agent who's client was unable to obtain conventional financing due to hurdles wi...

By MichelleCherie Carr Crowe Just Call...408-252-8900, Family Helping Families Buy & Sell Homes 40+ Years
(Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty)
Comments 2
Do you know what In Vitro Fertilization, the Pledge of Allegiance and Chewing Gum have in common? An important anniversary on December 28. Here are some interesting and random events from history on December 28 for your entertainment and education.The First commercial movie screened at the Grand ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Freddie Mac reports that the 30-year fixed-rate mortgage in 2019 was the fourth lowest at an average of 3.90% since record-keeping began in 1971. The GSE is forecasting that in 2020 as well as 2021, mortgage rates will remain historically low, but warned that even with low mortgage rates reducing...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed up 12 basis points today at 102.84 having closed 78 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, ...