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 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% 2.69% Fixed 2 Year 3.74% 2.69% Fixed 3 Year 3.89% 2.69% Fixed 4 Year 3.94% 2.69% Fixed 5 Year 5.19% 2.64% Fixed 7 Year 5.80% 2.99% Fixed 10 Year 6.10% 3.04% Variable 2.90% Prime 3.95% Benchmark 5.19%

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% 2.69% Fixed 2 Year 3.74% 2.69% Fixed 3 Year 3.89% 2.69% Fixed 4 Year 3.94% 2.69% Fixed 5 Year 5.19% 2.64% Fixed 7 Year 5.80% 2.99% Fixed 10 Year 6.10% 3.04% Variable Rate 2.90% Prime Rate 3.95% Benchmark Rate 5.19% Cost per ...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
HIGH RATIO fixed term best discounted rates & posted rates as of October 5, 2019 Terms                           Posted Rates                 Preferred Rates6 months                       3.34%                          3.30%1 year                          3.59%                          2.69%2 yea...

By Callie Thompson, Property Xchange Solutions
(Property Xchange Solutions)
Comments 2
  Bankruptcy VS. Loan Modification (Another Legal Scam)   I have found out recently that there are Attorneys out there advertising to help homeowners in distress obtain a loan modification. But once the homeowner contacts the Attorney, they are told a Bankruptcy would be a more favorable option ...

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 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,...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
And the survey says: 136K jobs were created in September which was just below expectations of 145,000. Inside the report it was mostly upside surprises. First, there were solid upward revisions for the previous two months, adding 45,000 jobs to what was originally reported. The unemployment rate ...

By Mike Bjork
(Pinnacle Home Loan)
Comments 0
http://MikesDailyMarketReport.com: The BLS' Non-Farm Payroll produced 136k jobs for September, which is down from 168k in August, and below it's forecast of 150k. However, there was an upward revision of 45k jobs for the previous 2 months, which brought the 3 month average of 157k jobs. This help...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“No, I didn’t say Hello”   A wife comes home late one night and quietly opens the door to her bedroom. From under the blanket, she sees four legs instead of just her husband's two. She reaches for a baseball bat and starts hitting the blanket as hard as she can. Once she's done, she goes to the k...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Commercial Bond Yields CMB 5 Year - 1.61% CANHOU 12/15/24 [-0.03]   ‌ 10 Year - 1.73% CANHOU 09/15/29 [-0.01]   * denotes interpolated rate GoC 5 Year - 1.28% CAN 1.50 09/01/24 [-0.03]   ‌ 10 Year - 1.27% CAN 2.25 06/01/29 [-0.02]   ‌ 15 Year - 1.39%* CAN 12/01/34 [-0.02]   ‌ 20 Year - 1.45%* CA...

By Jason E. Gordon, Sr. Loan Officer, CMPS, CDLP, RCS-D, CDPE, CMHS
(AmeriFirst Financial Inc, San Diego, CA)
Comments 14
Whether you are a Real Estate Agent or a Mortgage Lender…WE ARE REAL ESTATE PROFESSIONALS, and it is our underlying duty to help our clients manage through transitions in their lives. We help people manage their way through life transitions There are 2 types of transitions our Clients experience ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 6 basis points today at 102762 having closed 140 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 0
http://MikesDailyMarketReport.com: Initial Weekly Jobless Claims rose from 215k (which was revised higher from 213k) to 219k. Tomorrow will the the BLS' September Jobs Report, which will have an Impact on the Market. To continue with the Economic Calendar, the next 2 reports are on the Services I...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage rates inched higher in the latest week and remain at three-year lows which has been a boon for the housing market. Freddie Mac reports that the 30-year fixed-rate mortgage rose to 3.65% this week from 3.64% in the previous week and down from 3.73% in the week ended September 19. Freddie ...

By Joseph Damiens, Tax Law Firm
(Damiens Law Firm, PLLC)
Comments 4
As a Mississippi tax attorney, we routinely work with clients throughout Mississippi to resolve their IRS federal tax debt and their Mississippi Department of Revenue state tax debt through the offer-in-compromise program. Of course, the first questions is always, how much do I have to offer? Un...

By Mike Bjork
(Pinnacle Home Loan)
Comments 0
http://MikesDailyMarketReport.com: The ADP Employment Report only reminded investors on a contracting economy that we're now facing. It's August numbers were revised lower by 38k, which went from 195k to 157k. In September, it came in lower than expectations at 135k. Most were expecting around 15...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 1
Pensacola Florida 32514: New Rule Will Approve More FHA Loans for CondosOn Oct. 15, Fla.’s condo market could really open up to first-time buyers after FHA issued new mortgage rules that qualify more condo complexes and units for FHA loans. Read more  Call or Text Charles Stallions Now 850-476-44...

By Phil Stevenson, CRMP, "Mortgage Nerd" in Miami, Florida and Texas
(PS Mortgage Lending 305-791-4874 or 888-845-6630)
Comments 0
James Bullard, president of the Federal Reserve in St. Louis, thinks that the central bank needs to be more flexible regarding the monetary policy to defend our economy from the impending trade war consequences, as well as inflation. Bullard didn’t fully agree to the new Fed decisions, he preferr...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
CoreLogic reports that home prices, including distressed sales, rose 3.6% in August 2019 compared to August 2018 and increased 0.4% month-over-month from July to August. Looking ahead, CoreLogic is forecasting that prices will rise 5.8% on a year-over-year basis from August 2019 to August 2020. T...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 3 basis points today at 102.62 having closed 134 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: Markit Manufacturing PMI rose just a tad in September, which it moved from 51.0 to 51.1. However, the more important index, ISM Manufacturing Index went further into contraction mode in September, as it dropped from 49.1% to 47.8%. This news further induced more...