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
Mortgage rates were essentially unchanged in the latest week and remain just above historic lows, reports the Mortgage Bankers Association (MBA). The 30-year fixed-rate mortgage rose one basis point to 3.98% with 0.33 points in the week ending December 6, 2019. The Market Composite Index, a measu...

By Mike Bjork
(Pinnacle Home Loan)
Comments 0
http://MikesDailyMarketReport.com: CPI rose 0.3% in November and saw it's YoY increase from 1.8% to 2.1%. The Core CPI (excluding food and energy components) rose 0.2%, as it's YoY remained Unchanged at 2.3%. Later this morning, the Fed will wrap up their 2 day meeting and Chairman Powell will gi...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 19 basis points today at 102.75 having closed 83 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 Roy Kelley
(Realty Group Referrals)
Comments 9
The federal government requires all federally regulated or insured mortgage lenders to require borrowers to maintain flood insurance if the property to be mortgaged is in a high risk flood area.  Please visit the original blog if you wish to leave comments. The federal government requires all fed...

By Roy Kelley
(Realty Group Referrals)
Comments 11
The guidelines  for waiting periods after bankruptcy are almost as confusing as the guidelines for short sales and foreclosures.  The guidelines will be provided in two parts so as to keep things short and simple.  This post will address conventional loans and tomorrow I will develop the guidelin...

By Barbara Todaro, Marketing Agent for The Todaro Team
(RE/MAX Executive Realty )
Comments 2
Need More Bedrooms? Here Is 85 Pine St Franklin MA with 4 spacious bedrooms  Overview Maps Photos Features 85 Pine St Franklin MA Video Market Stats $565,000 Single Family Home Main Features 4 Bedrooms2 Full Bathrooms1 Half Bathroom1 UnitInterior: 2,815 sqftLot: 23,559 sqftYear Built: 2000MLS #:...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
The good news continues to stream in from the small business sector of the economy. The NFIB Small Business Optimism Index saw its largest month-over-month gain since May 2018, up 2.3 points to 104.7 in November. The NFIB said that overall, the Main Street economic machine continued to push the e...

By Mike Bjork
(Pinnacle Home Loan)
Comments 1
htp://MikesDailyMarketReport.com: Confidence with Small Business picked up in November, as the NFIB Small Business ticked up from 102.4 to 104.7. The final Productivity for Q3 improved from it's initial report from -0.3% to -0.2%; and the final revision for Unit Labor Costs improved from rising 3...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 6 basis points today at 102.53 having closed 62 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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 2
“Twenty Properties with 20 Year Mortgages”    Hey Joe, I did it, I know you already know what I am going to say. I promised you I would let you know when the original mortgage you did for me 20 years ago was paid off. I got the paid note in the mail this morning. What a wonderful feeling. I look ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
The housing sector continues to receive positive news and is being supported by strong employment along with low mortgage rates. Fannie Mae released its November Home Sentiment Index showing that it rose 2.7 points to 91.5, revising the decline from October and re-approached the survey high set i...

By Mike Bjork
(Pinnacle Home Loan)
Comments 2
http://MikesDailyMarketReport.com: There are no data to report from the Economic Calendar today. Stocks are currently Mixed, as the DOW sits as the only index in Negative territory. Investors are looking ahead, as they search for fresh info on any news on the US/China Trade Negotiations, as the d...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 13basis points today at 102.59 having closed 69 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 Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
And the survey says ... 266,000 new jobs created in November, crushing expectations of 182,000 as the strong labor market marches on. September and October payroll growth were revised higher by a total of 41,000 lifting the three-month job creation average to a solid 205,000. A 266,000 print alon...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Commercial Bond Yields CMB 5 Year - 1.92%* CANHOU 06/15/25 [-]   ‌ 10 Year - 2.00%* CANHOU 06/15/30 [-0.02]   * denotes interpolated rate GoC 5 Year - 1.62% CAN 1.50 09/01/24 [-0.01]   ‌ 10 Year - 1.60% CAN 2.25 06/01/29 [-0.02]   ‌ 15 Year - 1.69%* CAN 06/01/35 [-]   ‌ 20 Year - 1.71%* CAN 06/0...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 1
“Making on time Mortgage Payments a Must”   I know we wanted to refinance our FHA mortgage this fall and lower our rate and remove mortgage insurance. Unfortunately it may not be able to happen as we had a late payment on our mortgage and our credit scores took a hit. We had been making the payme...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“I Need a Favor”   I have a friend since college days, Nick XXXXXX.  Lately, we’ve been talking about the viability of me building a new home for him, that would involve the Reverse Mortgage.  Nick has a couple of very "personal issues” that he needs some sage advice on.  I was trying to explain ...

By Mike Bjork
(Pinnacle Home Loan)
Comments 0
http://MikesDailyMarketReport.com: NonFarm Payrolls surprised everybody with their HUGE number for November, which 266k jobs were created; along with positive revisions to the prior 2 months by 41k. Forecasts called for 180k, which we thought was a stretch, but this Positive News is welcomed! The...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage rates were unchanged in the latest survey due in part to mixed signals from various sectors of the economy. Freddie Mac says that data for manufacturing and service industries varied while construction spending fell modestly. The 30-year fixed-rate mortgage is at 3.68% with 0.5 in points...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 6 basis points today at 102.72 having closed 84 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...