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 Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE
(Liberty Homes)
Comments 26
The following link (and the table below) are the federal guidelines from Fannie Mae …set forth on March 29. 2016 regarding leased solar panels and the first paragraph is if the PV Panels are OWNED.  All sellers will face this same dilemma (if the solar company is not agreeing to these terms) when...

By Mike Bjork
(SunWest Mortgage)
Comments 1
http://MikesDailyMarketReport.com: Initial Jobless Claims continued the lower trend when it was reported that 2.12 million people applied for unemployment benefits last week, which is down from 2.45 million the week prior. The 2nd look at the Q1 GDP worsened, going from -4.8% to -5.0%. We'll get ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage rates continued to hover near record lows in the latest week as low rates spur on purchase activity. The Mortgage Bankers Association (MBA) reports that the 30-year fixed-rate mortgage was essentially unchanged at 3.42% with 0.33 in points. The Market Composite Index, a measure of total ...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 0
Conventional 30 year Mortgage: 2.75%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.12%FHA 30 year: 2.875% Credit Score:740LTV:96.5%loan amount:$300kAPR: 4.04%Conventional 15 year: 2.5%Credit score:740LTV:75%Loan Amount:$300kAPR: 2.615%Rates are Subject to ChangeCall me today if you are thinking o...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
“Isn’t it True, We Hear What We Want to Hear”    Morris, an 82-year-old man, went to the doctor to get a physical. A few days later, the doctor saw Morris walking down the street with a gorgeous young woman on his arm. A couple of days later, the doctor spoke to Morris and said, "You're really do...

By David Jackson, MBA, Financial lending analyst
(Olympus Labs)
Comments 0
Vail resorts shuts down all it resorts (Breckenridge, Vail, Beaver Creek, Crested Butte, Park City, etc..) Disney World closes, and travel comes to a screeching halt. What happens to the “sharing economy” when people stop sharing? What does this mean for Airbnb and companies like WeWork?The Real ...

By Mike Bjork
(SunWest Mortgage)
Comments 2
http://MikesDailyMarketReport.com: We'll be able to get a better view of the US Economy when the Fed releases their Beige Book around 11am PST today. This provides a Micro view of each region of the US. Stocks started the morning off in Positive Territory; however, Technology Stocks started to go...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) market closed down 6 basis points today at 103.50 having closed 285 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 E...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 4
Please help me welcome our newest Residential Mortgage Loan Originator in our Florida Branch, Lauren Aulenbach who is located in the Dallas, Texas area.Lauren has been in the real estate and finance industry for 15 years. She was raised in Dallas and graduated from Southwest Texas State Universit...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Sales of newly constructed single-family homes unexpectedly jumped in April though the market may not have felt the full impact from the pandemic as job losses mount. New Home Sales rose 0.6% in April from March to an annual rate of 623,000 units, well above the 485,000 expected. Sales were down ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) market closed up 6 basis points today at 103.56 having closed 294 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 Eng...

By Mike Bjork
(SunWest Mortgage)
Comments 2
http://MikesDailyMarketReport.com: The Case Shiller HPI rose from 4.2% YoY in February to 4.4% in March; however, the FHFA HPI dropped from 6.1% in February to 5.9% in March. Consumer Confidence began to rise in May, as it went from 85.7 to 86.6. Also, a bit of a surprising report, is New Home Sa...

By Holli Washington, Your Neighborhood Expert!!!
Comments 13
                                                                                                 How Much Home Can You Afford?  The single most important part of buying a house is figuring out how much you can  realistically afford to pay. You'll have to take a good look at your budget, debts, cr...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
“Had to Share this One”    During the quarantine, I've been reading a book on inner peace. Ever heard that old adage, finish what you start? Sometimes it's a really good idea, helps bring some calm to the storm.I'm passing this on because it worked for me yesterday. Sure enough, while I was writi...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“My Job is Making Dreams come True”      Dear Joe,Nice talking with you and I am happy to be in good hands! I called my Realtor who referred me and thanked her.I will do my 2019 taxes this weekend and file them immediately! Thank you so much for making my dream come true! In 2017, her first year ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 1
“Our Bid was Accepted”   Joe, As luck would have it our bid was accepted, what are the next steps? I know we have sent you all the various documents you requested, is there anything else you need from us? We have already set up the home inspection, which is happening next week and have called the...

By Ralph Mark Maupin, Michigan Real Estate Investors Host
(National Real Estate Network, LLC)
Comments 0
Funding Services!100+ Lenders  •  10,000+ Loan VariationsQuick Application Apply Nowhttp://www.NeededFunding.com ​Business Funding, Payroll Protection Program & 23 Single Use Unlike a bank, we are not tied down to a single lender. With over 100 lenders and 10,000+ loan variations we have the expe...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
TODAY'S TOP STORIESA Guide to Surviving Financially as the Bills Come DueThe coronavirus has dealt a financial blow to millions of Americans and now April’s bills are coming due – but reach out to lenders and others for help. Read more Pensacola's Need To Know? Fannie, Freddie Tighten Some Mortga...

By Rob Spinosa, SVP of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 5
Will My Property Taxes Go Up If I Refinance?  Because the current interest rate environment is so conducive to refinancing, a concern that some have about taking action stems from confusion related to how their property taxes are determined, and specifically the question, "Will refinancing cause ...

By ReShawna Leaven, Experience. Knowledge. RESULTS.
(Keller Williams Realty)
Comments 1
Student Loans and Real Estate Three Different Types of Student Loan Statuses Deferred Income Based Repayment Paid As Agreed There are three different student loan statuses on your credit report. You will either be in deferred, income based repayment or paid as agreed status.  There are three diff...