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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 0
“Sign Me Up!”   Good morning Joe!We ran a D&B analysis and you scored 76 out of 80 which places you at the top tier in your industry. We have Right Trac Financial Group, Inc. approved for a line of credit at 3.5% with access to funds for at least $274,384.94. These funds can be used for unsecured...

By Khash Saghafi, Mortgage Loan Officer, Cleveland Ohio
(Liberty Home Mortgage Corporation)
Comments 23
The world of mortgage lending is confusing to many and what is even more confusing to borrowers and real estate agents is the difference in information for qualifying from one lender to another. This is why everyone must first learn the word OVERLAY.  What does overlay mean in the context of mort...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 1
HIGH RATIO fixed term best discounted rates & posted rates as of April 21, 2018 Terms                           Posted Rates              Preferred Rates 6 mos                          3.14%                          3.10%1 year                          3.04%                          2.99%2 year  ...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Commercial Bond Yields   CMB         GoC         Floating RateInsured Cost of Funds 5 Year - 2.45%*CANHOU 06/15/23 [-0.02]       5 Year - 2.15%CAN 1.0 03/01/23 [-0.01]       1.62%                     [-]                       10 Year - 2.69%*CANHOU 03/15/28 [-]       10 Year - 2.31%CAN 1.0 06/01...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 3
Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Residential Sales for March 2011 For March, 2011 in the 34990 Zip Code area of Palm City Florida : There are currently 555 active listings (down 15 from February)   145 Residential sales are pending and awaiting close or le...

By Rob Colarusso
(Long Island Insurance)
Comments 6
When you are in the market for home insurance or renters insurance in New York City or anywhere in New York for that matter, it's important to not only check the price of coverage, but also to check the insurance company ratings. Ratings give you information about a company's financial strength, ...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 12
USDA just announced their commitment authority will be temporarily unavailable for approximately two weeks at the beginning of their fiscal year October 1st.  During this time frame, USDA will only issue conditional commitments “subject to the availability of commitment authority”.This means USDA...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 17
  After a rainy Sunday,  Labor Day is suppose to be bright, and sunny, so it should be a great day for all the Labor Day plans that have been made.  For me the only thing planned for today is to just get some much needed extra sleep and rest. Normally we plan on having the family over and puttin...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 44
Can Life Insurance Be A Source Of Down payment Funds?  I grew up in a time much different than today.  A time where families planned and took steps to cover possible major financial expenses.  Expenses like funeral costs of a family members.  It was a time where it was very common for parents to ...

By Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 5
Our client received great results in a little over 60 days with a 267 total point increase. Your credit score is used as a risk factor by lenders and banking institutions. This can make the difference in getting favorable terms, or even getting approved for the loans or credit you need. This clie...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 8
A warning passed on by Roy Kelley that we should all be aware of:  IRS Mortgage Applicant Program Lacks Security Protections   "Federal auditors say the popular “tax transcript” program run by the Internal Revenue Service and used by millions of mortgage applicants a year lacks adequate security ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 22 basis points today at 101.72 falling to 51 basis points below resistance offered by the 10 day moving average.  The 30 year was available at 4.625% day.  The 30 year jumbo was at 4.375%.  Whether in New England, the Mid Atlantic or the Midwest or an...

By Mike Bjork
(American Pacific Mortgage)
Comments 1
http://MikesDailyMarketReport.com:  Provides a synopsis of the daily interest rates for mortgages and home loans and Interest Rate Trends.  You'll find insight on what is driving the interest rates for that particular day and some thoughts about short- term and long- term trends with the Interest...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“Often Nothing in Real Estate is Simple”    Good morning Joe. I got your information from Debbie XXXXXXXXX and wanted to reach out to you regarding my situation. First my name is Katelyn XXXX. I live with my fiancé and two children and my mother. We had a house fire in 2016 and had to demo and re...

By Joe Lattanzio
(Russell Real Estate Services)
Comments 0
 When you are purchasing a home, your lender may recommend you obtain a mortgage pre-approval before you find the home of your dreams. There are some benefits to being pre-approved before you find a home, but oftentimes, people confuse pre-qualifications with pre-approvals.So the question many bu...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 9
IRS Mortgage Applicant Program Lacks Security Protections "Federal auditors say the popular “tax transcript” program run by the Internal Revenue Service and used by millions of mortgage applicants a year lacks adequate security protections against disclosures of tax-return details to people who s...

By Bill Kamboukos
(Strategic Mortgage)
Comments 7
The conventional home loan limits for Fannie Mae and Freddie Mac backed conventional mortgages has been increased from $424,100 in 2017, to $453,100 for all new conventional home loans in 2018.            That also means that for VA loans, the base loan limit is now also $453,100 to qualify for a...

By Bruce Reichstein, FHANewsblog.com Managing Editor
(Real -Time Dashboard FHA Mortgage Leads / FHANewsblog.com Managing Editor)
Comments 1
Some house hunters get fed up with looking for just the right home, while others start out their home loan journey knowing in advance they want a house built for them. What options to these borrowers have?There is an FHA home loan known as the FHA One-Time Close construction loan that lets borrow...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 19basis points today at 101.94 resting 36 basis points below resistance offered by the 10 day moving average.  The 30 year was available at 4.625% day.  The 30 year jumbo was at 4.375%.  Whether in New England, the Mid Atlantic or the Midwest or anywhe...

By Mike Bjork
(American Pacific Mortgage)
Comments 1
http://MikesDailyMarketReport.com:  Provides a synopsis of the daily interest rates for mortgages and home loans and Interest Rate Trends.  You'll find insight on what is driving the interest rates for that particular day and some thoughts about short- term and long- term trends with the Interest...