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 Mike Bjork
(Pinnacle Home Loan)
Comments 1
http://MikesDailyMarketReport.com: Manufacturing in the Chicago region contracted, per the Chicago PMI, in September. It dropped from 50.4 to 47.1. Stocks are trading in Positive Territory this morning, as an announcement by the Treasury eased concerns, that were raised by a report on Bloomberg, ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 0
“Title Issues are NOT Fun for Anyone”     Joe, Am really pissed off that we have been waiting for 2 months for the seller to get the title issues corrected and I’m not even sure what the issues are. Our attorney tells us it may take a few more months. Should it be listed not know this stuff befor...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
It's jobs week with ADP Private Payrolls on Wednesday and the government's Jobs Report on Friday. In addition, the ISM National Manufacturing Index will be released and may give some clues on the current slowdown in the sector. If a trade agreement is reached between the US and China, some of the...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 12 basis points today at 102.59 having closed 133 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 Bill Kamboukos
(Strategic Mortgage)
Comments 0
            One of the most common questions asked, is how much of a down payment is needed to purchase a home? The answer as with most anything in life, is it depends. You can purchase a home with no down payment (VA loans) or with a 3% down payment (some VA loans), or you may need a 15% down pa...

By John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 21
2019 Conventional Loan Limits Are Here       Movin' on up!  Much like the Jeffersons, Conventional loan limits are pushing higher in 2019.  With loan amounts based on median sales price, this is no surprise considering the high rates of appreciation we've seen in so many markets across the US, an...

By Daniel Ramsey, MyOutDesk - Real Estate Virtual Professionals
(MyOutDesk)
Comments 0
As a mortgage industry professional, your income benefits from serving the largest number of clients as possible — all while offering top quality service. However, to be successful, you must address a wide range of everyday tasks ranging from marketing to customer service — making it tough to jug...

By Richa Nayyar
(Coming service)
Comments 0
With captivating wildlife and stunning landscapes, there are only a handful of experiences that are at par with the thrill of an African safari. But with so many African safari destinations to choose from, settling on the ultimate once-in-a-lifetime getaway is no easy task for realtors. From Keny...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“Mortgage Teaching Minute"       https://www.youtube.com/watch?v=ktk2g6TPQgs&t=4she   Home buyers are often so unsure what it truly means to be pre-qualified for a mortgage. Hopefully this short video will clear up some of the fog.  I will continue sharing “Mortgage Teaching Minutes”. I would app...

By Phil Stevenson, CRMP, "Mortgage Nerd" in Miami, Florida and Texas
(PS Mortgage Lending 305-791-4874 or 888-845-6630)
Comments 0
 President Trump has been very clear on his new intentions: He wants the Fed rates to go down, even below zero. He has attacked chairman Jerome Powell without mercy, going really far and even calling him “gutless” and “without vision”.  This is the second time that the Fed decides to drop its rat...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Inflation, as measured by the Core PCE, rose to 1.8% annually in August from 1.7% in July, which was revised from 1.6%. The Core PCE is the Fed's favorite inflation gauge and has set a target range of 2.0%. It has been running below that level for some time. Month-over-month, Core PCE rose 0.1% v...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed up 9 basis points today at 102.47 having closed 123 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: A lot of data on the Economic Calendar today, so we'll start with the Durable Goods Orders for August, which rose 0.2% (higher than forecast of -0.7%); and if you remove Transportation, then it rose 0.5%. Personal Income rose 0.4% in August, while Consumer Spend...

By Bridget "Mortgage Mama" McGee, Maryland Mortgage Mama NMLS#196068
(SWBC Mortgage 410-960-2061)
Comments 53
  Should I Put My Girlfriend or Boyfriend On The Deed to the House?   I got a call from a young lady buying her first home.  She asked about putting her boyfriend on the title to the home.  They plan to be married eventually, but have no current plans.  Some things to note:  All of the money that...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
 Consumer spending surged in the second quarter of 2019 due in part to a strong labor market here in the US. The government released the final read on second quarter Gross Domestic Product today showing a 4.6% increase in consumer spending, the fastest pace since the fourth quarter of 2014. For t...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 9 basis points today at 102.38 having closed 122 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 Jobless Claims rose 3k from last week's report to 213k. However, last week's report was revised higher by 2k (from 208k to 210k). Last week's report is important because it will be used as part of the BLS' Jobs report due October 4th. This low number sho...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 7
“Smart Gals for sure”   A married couple is sleeping when the phone rings at 3 AM. The wife picks up the phone and, after a few seconds, replies, “How am I supposed to know? We’re 200 miles inland!” and hangs up. Her husband rolls over and asks, “Sweetheart, who was that?” “I don’t know, some dum...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Low mortgage rates fueled sales of new single-family homes in August signaling a positive sign for the sector after strong Housing Starts and Existing Homes Sales in the past three weeks. August new home sales surged 7% from July to an annual rate of 713,000 versus the 659,000 expected. It was th...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 19 basis points today at 102.28 having closed 108 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 Engla...