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 Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
TODAY'S TOP STORIESSmall Business Loans: SBA Says It’s Run Out of MoneyBusinesses hoping for federal relief under the $2.2 trillion CARES Act will apparently have to wait if they do not yet have a loan number. Congress generally agrees to add funds to its rescue programs but disagrees on details,...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
TODAY'S TOP STORIESSmall Business Loans: SBA Says It’s Run Out of MoneyBusinesses hoping for federal relief under the $2.2 trillion CARES Act will apparently have to wait if they do not yet have a loan number. Congress generally agrees to add funds to its rescue programs but disagrees on details,...

By Seesan Ed, Real Estate Agent | Mobile Notary in DE
(206 715 1642)
Comments 0
The idea of Reverse mortgage basically is- converting your equity in your home into an income flow, until you and your spouse are no longer, or have moved out the house.During this time period you make no mortgage payments.  But interest accrues on all the  amounts you have taken out.  At the end...
The headlines are telling about the global economic crisis, caused by the COVID pandemic. The decline of dollar and oil, tense political situation, and exhausted state budget seem removed and far from our lives. The truth is, financial troubles are closer than one can imagine – a hundred thousand...

By Seesan Ed, Real Estate Agent | Mobile Notary in DE
(206 715 1642)
Comments 0
Whether you are retired or not, If you're a senior citizen, 62 or older,  and in need of opening up into a source of income to enhance your cash flow either to supplement your income for expenses during COVID crisis, to pay for medical  expenses, to meet expenses for your child's school admission...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
      “You Will Own that Home!”    Hey Joe, I am blown away, we closed this morning and all went well. You sure did make a believer out of us and our Realtor as well. I still don’t know how you did it, our scores were in the low 600’s, three jobs in 1 year for me and each time we asked, you kept ...

By Mike Bjork
(SunWest Mortgage)
Comments 2
http://MikesDailyMarketReport.com: We have a few manufacturing reports today, which the first is Markit Manufacturing PMI remained Unchanged at 39.8 in May; and it's counter-part, the ISM Manufacturing Index rose from 41.5% to 43.1% in May. Below 50 on these indexes mean contraction. Construction...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) market closed up 10 basis points today at 103.78 having closed 308 points above support offered by the 200 day moving average. The conforming rate is at 2.75% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 3.75%. Whether in New En...

By Sabrina Serna, Helping clients resolve IRS issues and past debt
(Serna Tax Solutions, LLC)
Comments 7
With over 14 MILLION collections cases currently active at the IRS, and that number expected to grow exponentially after the COVID-19 fallout, do not feel like you are alone if you are the recipient of one of the IRS "love letters".  My job  at Serna Tax Solutions, LLC is to help clients navigate...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
TODAY'S TOP STORIESFinally! Guidance on Applying for Federal Unemployment BenefitsThe first step is to be denied state benefits. Then Realtors and self-employed Floridians will be notified on how to apply for federal unemployment assistance (PUA). Read more Pensacola's Need To Know? Fed Likely to...

By ValuePenguin By LendingTree
(LendingTree)
Comments 2
What Do Lenders Look For in Home Equity Applications?If you're facing financial strain in your life, a home equity loan might be the answer to your credit issues. Not only does settling your high-interest debt with a low rate home equity loan cut down on your liability, but it diversifies your cr...

By Elyse Berman, PA, Boca Raton FL (561) 716-7824 CRS, ABR, GRI,ePR
(Best Connections Realty, Inc.)
Comments 2
Feeasy providing collateral-free loans up to $50,000 to clients of real estate agents and brokers, stagers, movers, interior decorators and more.   "Our strategic alliance with Monevo, and its premier array of 30+ lenders, now provides our borrowers the opportunity to obtain a collateral-free loa...

By Mike Bjork
(SunWest Mortgage)
Comments 1
http://MikesDailyMarketReport.com: Personal Income rose 10.5% in April. We think this anomaly is due to the disparity based on the lower pay scale employees losing work during the pandemic. Consumer Spending dropped 13.6% in April, as much of the economy was closed. The Personal Consumption Expen...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 2
 “From 6% to 3.5% in a Few Months”  Hi Joe,Hoping things are going well for you during this crazy time. We do still want to proceed with the refinance as our 2 year date for the BK discharge was 4/20/2020.  We are both still working, but he did take a temporary pay cut of 20% which he has in writ...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Commercial Bond Yields CMB 5 Year - 0.75% CANHOU 06/15/25 [-0.02]   ‌ 10 Year - 1.03% CANHOU 06/15/30 [-0.02]   * denotes interpolated rate GoC 5 Year - 0.39% CAN 1.25 03/01/25 [-0.01]   ‌ 10 Year - 0.48% CAN 2.25 06/01/29 [-0.01]   GOC Bonds are for reference purposes only Floating rate insured...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Inflation has been non-existent in the past two months due to the coronavirus induced shutdown of the U.S. economy. The inflation reading Core PCE fell to 1% annually in April, down 0.5% monthly from March. Personal Spending fell by 13.6% while Personal Incomes rose 10.5%. The personal savings ra...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
Mortgage backed securities (MBS) market closed flat today at 103.50 having closed 284 points above support offered by the 200 day moving average. The conforming rate is at 2.75% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 3.75%. Whether in New England, the Mid...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) market closed up 19 basis points today at 103.69 having closed 301points above support offered by the 200 day moving average. The conforming rate is at 2.75% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 3.75%. Whether in New Eng...

By Richa Nayyar
(Coming service)
Comments 0
A typical laptop lasts between three and five years. Some can last longer, while some might cut out before then.But if you’re reading this article, you might not be sure if it is time to toss your laptop or not. After all, a laptop is an expensive investment that you rely on, so you’ll want to be...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Just over 40 million Americans are now on the unemployment line since the shutdown began in mid-March but there is a silver lining. Weekly Initial Jobless Claims rose 2.123 million versus the 2 million expected for the week ended May 23. However, continuing claims or the number of people who have...