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 Rateswire.com Rateswire.com
(www.rateswire.com)
Comments 2
  A growing number of Chelan, Bridgeport, Coulee City, Washington homeowners have saved their homes thanks to Obama's Loan Modification Plan, and can now afford their payments so they don't lose their home to foreclosure. President Obama's Federal loan modification program helps lower mortgage pa...

By Rateswire.com Rateswire.com
(www.rateswire.com)
Comments 2
  In a nutshell, Obama's Loan Modification program will provide a reduction in the payments of Deer Park, Chewelah, and Newport, Washington homeowners. This means that the monthly installment will be equal to or less than 31% of the gross monthly income of the household - including taxes, insuran...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 5
“Some Good Intentions Don’t Work Out”    Hi Joe,            Just curious how long after I get off the house mortgage that I co-signed will it take so I can get my own home loan? I would like to start looking for a home as soon as possible. Unfortunately this process has taken far too long, I supp...

By Mike Bjork
(Pinnacle Home Loan)
Comments 1
http://MikesDailyMarketReport.com: There's no data to report from the Calendar today. Stocks are trading on light levels and in Mixed Territory so far this morning. There was a report out of China that their November's Industrial Profits were Up and reversed several months of Negative Profits. We...

By Mike Bjork
(Pinnacle Home Loan)
Comments 1
http://MikesDailyMarketReport.com: Initial Jobless Claims dropped down to 222k last week. Still relatively quiet, in terms of news, so the Market is still monitoring the Phase One Agreement. Both sides are expressing that it's nearly done, it's a matter of translations and other fine details befo...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 3 basis points today at 102.72 having closed 68 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 Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage rates were unchanged in the latest week and remain just above historic lows in this low inflation environment. The Mortgage Bankers Association reports that the 30-year fixed-rate mortgage was at 3.99% in the week ending December 20, 2019 with 0.33 in points. The Market Composite, Purcha...

By Barbara Todaro, Marketing Agent for The Todaro Team
(RE/MAX Executive Realty )
Comments 4
Mini Horse Farm at 4 Kendall Ave Sherborn MA The Perfect Christmas Gift Overview Maps Photos Features 4 Kendall Ave Sherborn MA Video Market Stats $849,900 Single Family Home Main Features 3 Bedrooms3 Full Bathrooms1 UnitInterior: 2,817 sqftLot: 226424.00 acre(s)Year Built: 1983MLS #: 72571341 L...

By Mike Bjork
(Pinnacle Home Loan)
Comments 0
http://MikesDailyMarketReport.com: No economic data to report today. Markets will close early today for Christmas and return on Thursday, which we'll see the Weekly Jobless Claims. From now until the end of the year, we may see some swings in the Markets, as we deal with skeleton crews. Beijing r...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“Is It Time to Get back into the Mortgage Business?”   Hi Joe, I have been following your mortgage practice for many years and have always admired the way you do business. I have actually referred clients a number of times in the last few years. Here is my question, is it time for me to get back ...

By Mike Bjork
(Pinnacle Home Loan)
Comments 3
http://MikesDailyMarketReport.com: Durable Goods Orders dropped by 2% in November, which was heavily affected by lack of Airline and Defense Goods being purchased. When you remove autos, then it rose by 0.6%. New Home Sales were revised lower from 733k annualized units to 710k in October. In Nove...

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...

By David Jackson, MBA, Financial lending analyst
(Olympus Labs)
Comments 2
Quitting a nicotine addiction is not easy, we know. It can be the hardest thing you have to do. Luckily, recent studies show that cannabis can help you kick a cigarette habit for good.  We are not suggesting here that you should replace your pack of stogies with a bag of joints. CBD oil is the no...

By Randy Mitchelson,APR, First Impressions are made at First Click
(Marketing Coach & Homeland Heroes Home Loans)
Comments 3
We would like to extend an invite from FAMP – Florida Association of Mortgage Professionals to our annual Toy Drive on Thursday December 5th at Crowne Plaza. If you bring an unwrapped gift or gifts or gift card – we will buy you a drink and feed you! All of the toys we collect are for the Veteran...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 2
“Your Loan Got Denied, Does that Mean it’s Over?”   I know you told me there was a possibility I would get denied if I went to my bank, do you still feel we should move to one of your lenders? What are the chances that another lender will do it differently than the first one? Fortunately the sell...

By Realtyna Inc, Realtyna- MLS RETS Integration software & services
(Realtyna)
Comments 0
For a real estate deal to take place, there are usually many parties involved. Agents, brokers, buyers, sellers and so on. The buyer and seller often have to pay an extra percentage as the list gets crowded. There are some rules and regulations in pace to moderate these transactions. Commissions ...

By Mike Bjork
(Pinnacle Home Loan)
Comments 1
http://MikesDailyMarketReport.com: The Q3 GDP remained unchanged for it's final revision at 2.1%. This indicates the economy is still growing at a modest pace, which is especially important due to the Trade negotiations with China during this period. Personal Income rose by 0.5% in November. Cons...

By Mike Bjork
(Pinnacle Home Loan)
Comments 0
http://MikesDailyMarketReport.com: The Weekly Jobless Claims are down to 235k this week from last week's report of 252k, which is a welcomed sign; but it's still a little higher than we've been seeing, so we'll definitely keep an eye on this data. The Philly Fed dropped to 0.3 (nearly in contract...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 5
“Can you do a Construction Loan for a Duplex?”   Hi Joe, I have a customer who is looking to do a construction loan for a duplex, is that something you would be able to help with? I gave him your number so he could reach out but wanted to give you a heads up.  The customer’s name is XXXXXXXX XXXX...

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: 3.375% Credit Score:740LTV:96.5%loan amount:$300kAPR: 4.375%Conventional 15 year: 3.0%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.245% Rates are Subject to ChangeCall me today if you are thinki...