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
(CMG Financial)
Comments 1
http://MikesDailyMarketReport.com: Today is Fed Day! The Fed wraps up it's 2 day meeting and will provide their decision around 11am PST today, so expect some Market Volatility. All eyes are on the Fed today, as they await their decision. The sentiment is the Fed will set the stage for a July Rat...

By Mike Bjork
(CMG Financial)
Comments 1
http://MikesDailyMarketReport.com: Housing Starts came in at 1.27 million annualized units for May compared to a revised (higher) 1.29 million annualized units in April. The revision shows it dropped; but without the revision, it would have rose. Building Permits remained unchanged from April to ...

By Shawn King, Chenoa Fund--Get Signed Up.
(CBCMA / CBC Mortgage Agency)
Comments 0
The Chenoa Fund, offered by CBC Mortgage agency--a federally-chartered housing finance agency,  helps borrowers all across the country with our suite of mortgage products.  These products assist homebuyers with their down payment in the form of a 2nd mortgage on both FHA and Conventional products...

By Connect CRE, ConnectCRE
(ConnectCRE)
Comments 4
The Federal Reserve’s Federal Open Market Committee unanimously voted to leave the key U.S. interest rate alone Wednesday. The money policy group will maintain the target range for the federal funds rate at 2.25% to 2.50%.Fed leaders were more upbeat about the economy too, despite its slow start ...

By Nat Wallen, Founder of the BellaRuby Free Real Estate CRM
(BellaRuby LLC)
Comments 1
Many Loan officers asked me how to get Realtors to work with you. This short video includes tips that I would implement if I were to become a Loan Officer knowing what I know about real estate agents. Claim your free real estate crm - https://www.bellaruby.com/free-real-estate-crm-for-loan-office...

By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
Comments 2
Good information Rob Spinosa!  What's the Point of Points?   Let's get right to the point.  What point?  Points.  I don't get it.  What's your point?  The point is points --- what are they, how do they work and should I pay them when I get a mortgage?  There's a lot of confusion about points and ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
May housing starts fell 0.9% from April to an annual rate of 1,279,000 units versus the 1,240,000 expected while April was revised higher to 1,281,000 from 1,139,000. In addition, March was also revised higher as lower mortgage rates boosted the sector. Building permits, a sign of future construc...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“Know the Implications When You Co-Sign”     Hi Joe!  I had a quick question, my dad offered to co-sign for me, would it be possible for my dad (who is retired/house paid off) to either be on the loan with me as a non-occupant or a co-signer? With the goal being to be able to up the amount of loa...

By David Jackson, MBA, Financial lending analyst
(Olympus Labs)
Comments 2
One of the most important facts to keep in mind when you are thinking about how your credit score may affect your mortgage application is your credit score is different from your credit report. Your current credit score is determined based on an analysis of the information available in your credi...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
The consumer is alive and well in the US as May retail sales jumped 0.5% from the gain of 0.3% in April, which was revised higher from a -0.2% while March was also revised higher. When stripping autos, sales jumped 0.5% from the gain of 0.5% in April which was revised higher from 0.1%.When April'...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
 “It’s Never too Early to Start Preparing”    Hi Mr. Petrowsky, I was wondering if you can check my credit because my lease ends in September and my realtor told me in May we should start searching for houses so we can start doing the closing in August. I just want to make sure. What is the amoun...

By Shawn King, Chenoa Fund--Get Signed Up.
(CBCMA / CBC Mortgage Agency)
Comments 0
Considered by some as the first mobile home, the Conestoga wagon had a curved floor to prevent tipping and shifting during difficult treks.  Chenoa Fund, offered by CBC Mortgage Agency--a federally-chartered housing finance agency, provides options for borrowers who need help with their down paym...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) up 6 basis points today at 103.19 having closed 149 points above support offered by the 200 day moving average. The conforming rate is at 4.00% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.00%. Whether in New England, the Mid ...

By Lorraine Santirosa, #1 San Diego Military Relocation Expert!
(Mission Realty Group)
Comments 14
Does Countrywide now Bank of America owe you money? -The Justice Department is confronted with a challenging task of locating over 200,000 alleged victims and establishing a method of compensation after a $335million dollar fair lending settlment with Bank of America's Countrywide unit. The agree...

By Shawn King, Chenoa Fund--Get Signed Up.
(CBCMA / CBC Mortgage Agency)
Comments 0
Chenoa Fund, offered by CBC Mortgage Agency, provides 1st and 2nd mortgage products on a national level to home buyers who need assistance with their down payment.  We do this through a channel of approved correspondent lenders in much the same way as local and state Housing Finance Agencies (HFA...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: Manufacturing in the NY region had one of it's worst declines in June, according to the Empire State Index, which went from 17.8 in May to -8.6 in June.  Also, confidence is starting to wane with Home Builders, as the NAHB Home Builder Index, which is a survey t...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
32514 Pensacola Florida News: Mortgage rates dip again – 30-year at 4.1% It's the second week for declines. A 10-year Treasury note drop due to investor worries over a U.S.-China trade war pushed average fixed-rate mortgages lower. Read more.Read more.   Call or Text Charles Stallions Now 850-476...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 42
What's the Point of Points? Let's get right to the point.  What point?  Points.  I don't get it.  What's your point?  The point is points --- what are they, how do they work and should I pay them when I get a mortgage?  There's a lot of confusion about points and when a borrower researches his or...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 3
When Is a Good Time to Refinance? There's that great, old maxim that goes, "There are two kinds of jobs in the world; the kind you shower before and the kind you shower after."  And in that spirit, I would offer that there are two kinds of refinances in the world --- the kind you transact because...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 1
What Is a Debt Service Coverage Ratio Mortgage? Real estate investors have long turned to private money loans when conventional mortgage lenders have determined that either they, with their multiple property holdings, or the properties they are looking to buy, pose too great a risk.  But for its ...