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 backed securities (MBS) closed down 3 basis points today at 102.59 having closed 72 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 Richa Nayyar
(Coming service)
Comments 1
No doubt, majority of the folks are spending considerable amount of money on the Golden Goose Sneakers. There are plenty of manufacturers are out there that is providing the Fake Golden Goose Sneakers. If you are one who doesn’t want to create a pinch in the pocket then you should always analyze ...

By Wayne L. Brown
(Franklin Advantage Inc.)
Comments 0
Each year mortgage limits are set affecting Fannie Mae and Freddie Mac Conforming and High Balance Loan amounts. These have been out about almost a week, and FHA just announced theirs yesterday. VA limits are set to come out next Tuesday, December 10th. For your convenience and reference, these n...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 2
Today in History! Dec. 4th, 1783, Gen. George Washington says farewell to his military officers.  Say farewell to your old mortgage business and go big! Go NATIONWIDE!  Are you a Branch Manager but feel you're not making enough or getting the support you were expecting? Are you an LO who knows yo...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
Today in History - Dec. 5, 1876, Daniel C. Stillson patents his Stillson Wrench. It's an improvement over his past "pipe" wrench with the addition of a simple spring. Does your mortgage business need an additional "spring"? Show us where you want to be and we'll give you the "spring" to get there...

By Mike Bjork
(Pinnacle Home Loan)
Comments 2
http://MikesDailyMarketReport.com: The Weekly Jobless Claims came in at 203k (a 7 month low) for last week. Of course, last week was a holiday shortened week for Thanksgiving, so take it with a grain of salt. Factory Orders rose by 0.3% in October (exceeding the 0.2% forecasts). Stocks started th...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 0
Conventional 30 year Mortgage: 3.49%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.63%FHA 30 year: 3.375% Credit Score:740LTV:96.5%loan amount:$300kAPR: 4.375%Conventional 15 year: 3%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.3245% Rates are Subject to ChangeCall me today if you are thinking ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed down 9 basis points today at 102.62 having closed 76 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
 The housing market continues to be supported by a strong labor market with prices up solidly year over year in October. CoreLogic reports that home prices nationwide, including distressed sales, rose 3.5% year over year in October from October 2018 and up 0.5% month over month from September to ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
“If You Didn’t Know How Old You Were?”     *        Actor George Burns won his first Oscar at age 80. *        Golda Meir was 71 years of age when she became prime minister of Israel. *        At age 96, playwright George Bernard Shaw broke his leg when he fell out of a tree he was trimming in hi...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 13basis points today at 102.75 having closed 90 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...

By HomeWarranty Reviews, A Review Platform For Home Warranty Companies
(HomeWarrantyReviews.com)
Comments 1
Builder’s warranty is a written statement by the builder assuring that the house was completed as per a stipulated set of standards. This provides a form of protection to buyer from latent defects.This form of warranty is also called a Limited warranty and is issued by the builder on their work. ...

By Mike Bjork
(Pinnacle Home Loan)
Comments 0
http://MikesDailyMarketReport.com: The ADP Employment Report disappointed today, as it reported only 67k new jobs for November and a revised lowered number (by 4k) in October's numbers. The Markit Services PMI remained Unchanged at 51.6 in November; while, the ISM Non-Manufacturing Index dropped ...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
HIGH RATIO fixed term best discounted rates & posted rates as of December 3, 2019 Terms                           Posted Rates               Preferred Rates6 mos                           3.34%                          3.30%1 year                          3.59%                          2.69%2 yea...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
Counting down the days left in 2019? Make 2020 your year for business growth NATIONWIDE! We're bringing in successful P&L Branches across the U.S. who need something more than what they're currently receiving from their current bank or mortgage company! Call or email me to hear details on our NAT...

By Mike Bjork
(Pinnacle Home Loan)
Comments 1
http://MikesDailyMarketReport.com: We don't have any data from the Economic Calendar today; however, tomorrow will kick off with the first of 3 Jobs data to be released this week with the ADP Report. Stocks are heavily in the Red today, as comments by President Trump regarding a Chinese Trade Agr...

By Raymond Henson, Realtor
(eXp Realty of California, Inc. (lic. #01878277))
Comments 16
     There is a big difference between pre-qualification and pre-approval.  Pre-approval takes more work and time, but it is the way to go.  Michael Mannino  explains the difference well.  I actually have seen a buyer with a pre-qualification letter lose their deposit because the lender did not e...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 0
 A recent article by the Financial Times suggested the Fed is considering allowing inflation to run higher than their target levels.  If this is truly Chairman Powell's goal it is likely we will see long term rates (Mortgages included) move higher.  The market already thinks that is a possibility...

By Michael Mannino, Bringing family values to lending.
(Harbor View Funding)
Comments 3
Getting pre-qualified or pre-approved for a mortgage loan gives you more concrete information about what you can and can’t afford.  However, the terms are very different and are misunderstood by many.Here are what those terms really mean. Pre-QualificationGetting pre-qualified for a loan is a ver...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
I'm thankful for all the wonderful people in my life and I hope you had a nice Thanksgiving Day and weekend! We have many Branch Managers and Loan Officers who are also thankful they found Texana Bank Mortgage! If you have a Branch or simply a group of Loan Officers who need something more than w...