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 Richa Nayyar
(Coming service)
Comments 0
For offering a unique look to the apartment, the painting on the walls should be repainted. The worst part will be painted to provide a new and exciting look. The maintenance of the work should be proper to get the desired look. Either hiring of professional or self process can be carried through...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage rates continued to hit record lows in the latest survey which is spurring on homebuyer demand. Freddie Mac reports that the 30-year fixed-rate mortgage fell to 3.03% with 0.8 in points and fees. A year ago, the rate was 3.75%. Freddie Mac said that 'the summer is heating up as record-low...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) market closed up 9 basis points today at 104.62 having closed 338 points above support offered by the 200 day moving average. The conforming rate is at 2.625% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 3.75%. Whether in New En...

By Mike Bjork
(Pinnacle Home Loan)
Comments 0
http://MikesDailyMarketReport.com: Initial Jobless Claims continues with their downward trend (thankfully!), as this report came in at 1.31 million people applying for first time benefits. Last week's report came in at 1.41 million. It's a light day today, so not much news is affecting the Market...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage rates inched lower in the latest week as the Federal Reserve continues to stabilize the market in an effort to keep borrowing costs low. The Mortgage Bankers Association reports that the 30-year fixed-rate mortgage fell to a survey low of 3.26% with .35 in points. The Market Composite In...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 0
Conventional 30 year Mortgage: 2.625%Credit score:740LTV:75%Loan Amount:$300kAPR: 2.995%FHA 30 year: 2.625% Credit Score:740LTV:96.5%loan amount:$300kAPR: 3.79%Conventional 15 year: 2.25%Credit score:740LTV:75%Loan Amount:$300kAPR: 2.365%Rates are Subject to ChangeCall me today if you are thinkin...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
TODAY'S TOP STORIESWave of ‘Build for Rent’ Communities Coming to S. Fla.An uptick in new-home developments is targeting investors who plan to rent-out homes rather than first-time or move-up buyers who plan to live there. Read more Pensacola's Need To Know?FHFA Updates Forbearance Homeowners’ Re...

By Mike Bjork
(Pinnacle Home Loan)
Comments 0
http://MikesDailyMarketReport.com: There were no data to report on the Economic Calendar today, but tomorrow will provide us with the Weekly Initial Jobless Claims. It will be interesting to see if we continue the downward trend. Stocks started the morning strong (led by Tech stocks), but has sin...

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 104.53 having closed 332 points above support offered by the 200 day moving average. The conforming rate is at 2.625% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 3.75%. Whether in New En...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“Couldn’t Say it Better Myself”    The CEO of a lender is called up for a CFPB exam. He's really flustered and goes to his compliance VP for advice."Make sure you dress up like a guy who is on the edge of losing money. It will convince the regulator that you are not hiding anything."Not satisfied...

By Lorraine Santirosa, #1 San Diego Military Relocation Expert!
(Mission Realty Group)
Comments 15
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 Ruth Vogt, 719-592-0855 Apply 24/7 www.ColoradoHomeLender.com
(Fairway Independent Mortgage, LLS. Equal Housing Opportunity. Regulated by the Division of Real Estate.)
Comments 11
We have all had a buyer break at least one of these 10 commandments when buying a home!Have you ever gone to a closing table and had the buyer's employer call the buyer out of the closing to tell him their job was being eliminated effective immediately? Yep! It happened!!

By Lisa Perry - NMLS # 276329, Northern VA - VHDA, 100% Loans - Jumbo Loans
(FHA, VA, Jumbo, Downpayment Assistance, Conv.)
Comments 2
 Down payment Assistance Programs are a great way to achieve your down payment as well.  Some down payment assistance programs come from the State, Local Governments, or Private Funding.  Most programs are based on income.  Some programs have their own specific guidelines including income, but if...

By Mike Bjork
(Pinnacle Home Loan)
Comments 3
http://MikesDailyMarketReport.com: Job Openings improved in May, as it rose from 5 million in April to 5.4 million in May. However, that wasn't quite enough to keep stocks in positive territory, as the DOW and S&P have slid into the Red. Currently, they're trading in Mixed territory. They were so...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 2
“We Did It!”   We did it! Hard to believe after two years of 5 of us living in a two bedroom condo and over the last few months both of us working from home and three kids being home schooled.Pretty crazy going from a small two bedroom condo to a 4 bedroom home. You will never know the positive i...

By Mike Bjork
(Pinnacle Home Loan)
Comments 1
http://MikesDailyMarketReport.com: We have some data from the Services Sector today. We'll start with the Markit Services PMI for the month of June, which rose from 46.7 to 47.9. It's counter-part, the ISM Non-manufacturing Index, which is also the "gold" standard for this data, rose from 45.4% t...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 1
The arrival of China's Vice Premier He in Washington over the weekend for the trade deal signing prompted Robbie C. to send over this play by play at the Phase One signing    Costello: Do you know the fellows' names? The signers?Abbott: Well, I should.Costello: Well then who is speaking first?Abb...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Treasury prices closed near unchanged in yesterday's holiday shortened session. The 10-yr yield was at .67% in quiet trading. Stocks are higher on strong jobs data amid virus fears. Bonds closed at 2:00 p.m. ET, stocks at regular time, 4:00 p.m. ET. All markets are closed today in observance of I...

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?Little Change in Long-Term Mortgage ...

By Seesan Ed, Real Estate Agent | Mobile Notary in DE
(206 715 1642)
Comments 0
A Reverse mortgage HECM program allows many people, who own their own home and are age 62 or older, to draw on  the  equity  money from their home value. The homeowners are not obligated  to make any monthly payments as long as they or their surviving spouse live in the house or die. You can disp...