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 2
Mortgage backed securities (MBS) closed up 19 basis points today at 103.16 having finished the day just 11 basis points below resistance offered by the 50 day moving average. The 30 year was available at 4.00% today.  The 30 year jumbo was at 4.00%.  Whether in New England, the Mid Atlantic or th...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed up 12 basis points today at 102.84 having finished the day just 17 basis points below resistance offered by the 100 day moving average. The 30 year was available at 4.00% today.  The 30 year jumbo was at 4.00%.  Whether in New England, the Mid Atlantic or t...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) had their third consecutive gain today having managed to recapture 44 basis points since Tuesday's close.  They still are 72 basis points below their recent high of 103.88 on September 7th.  The core Consumer price index was a steady 1.7% year over year last month...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
With no economic reports being released here today stocks managed small gains as mortgage backed securities edged up 12 points.  Every month mortgage bonds have what is called a rollover when the bond traded changes from one month to the next one.  This has the effect of lowering the closing pric...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 3
As mortgage backed securities (MBS) experienced their first two day advance in weeks, stocks took a breather from their continuous advances of recent days.  Tomorrow traders will have the Consumer Price Index (CPI), retail sales and consumer sentiment to review while determining their investment ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed up 16 basis points today at 102.97 having finished the day just 2 basis points below resistance offered by the 100 day moving average. The 30 year was available at 4.00% today.  The 30 year jumbo was at 4.00%.  Whether in New England, the Mid Atlantic or th...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 7
 “The Dreaded Call” My boss phoned me yesterday, he said, "Is everything okay at the office?" I said, "Yes, it's all under control. It's been a very busy day, I haven't stopped." "Can you do me a favor?" he asked. I said, "Of course, what is it?" "Speed it up a little, I'm in the foursome behind ...

By Matt Brady, Lending With Competence And Character
(Skyline Home Loans)
Comments 1
In one of the latest updates to our guidelines, Fannie and Freddie will allow someone that has a job offer and a position that will start within 90 days for Fannie and 60 days for Freddie of funding to use that future income to qualify for a loan. This is great news for people that are relocating...

By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
Comments 31
I LOVE INMAN.  I receive a twice daily news report from Inman and I often wonder how these guys and gals manage to get their eyes and ears in as many critical locations as they must to stay on top of the real REAL ESTATE NEWS. A headline got my attention today because it's a subject that I have b...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 5
 “Why am I Divorced?”    Last week was my birthday and I didn't feel very well waking up on that morning. I went downstairs for breakfast hoping my husband would be pleasant and say, "Happy Birthday!" and possibly have a small present for me. As it turned out, he barely said good morning, let alo...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 2
Commercial Bond Yields   CMB         GoC         Floating RateInsured Cost of Funds 5 Year - 2.11%CANHOU 12/15/22 [-0.05]       5 Year - 1.74%CAN 1.0 09/01/22 [-0.04]       1.23%                     [-]                       10 Year - 2.58%*CANHOU 03/15/28 [-0.08]       10 Year - 2.05%CAN 1.0 06...

By Mike Bjork
(American Pacific Mortgage)
Comments 0
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
“It takes Work to Repair Credit, but Easier with a Plan”   Greetings Joe,I have been working with a credit repair service and have taken care of quite a few items on my credit report. Can you please review the below information (highlighted in yellow) and see if we have a chance at qualifying for...

By Jack Tenold, Conventional and Reverse
(Caliber Home Loans, Inc. NMLS 15622)
Comments 2
Veterans: Retiring in Spokane, Washington is a good idea.  Active veterans and active seniors are all about new experiences, volunteering and staying busy and    retirees give to their communities with their time and talent.     Spokane is affordable, and friendly, and its citizens enjoy clean ai...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 11
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 David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Core Lending)
Comments 0
  Conventional 30 year Mortgage: 4.125%Credit score:740LTV:95%Loan Amount:$300kAPR: 4.44%FHA 30 year: 4.125%Credit Score:740LTV:96.5%loan amount:$300kAPR:5.17%Conventional 15 year: 3.625%Credit score:740LTV:95%Loan Amount:$300kAPR:3.93% Rates are Subject to ChangeCall me today if you are thinking...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 37
FHA has recently clarified the Required Dates On FHA Amendatory Clause /Real Estate Certification Disclosure.  Up until this clarification FHA Amendatory Clause Forms were signed by the Borrower(s) at the time of the Mortgage Applications.  The form was then forwarded to the Borrower's Realtor fo...

By Mike Bjork
(American Pacific Mortgage)
Comments 0
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 George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 13
  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 Belinda Spillman, Colorado Living!
(Aspen Lane Real Estate Colorful Colorado)
Comments 24
My daughter, ErinBates, a millennial and mortgage mover, was over this weekend for dinner and going on and on about a new platform her company built. I was very intrigued so I asked her to write us a little guest blog about it. Without further ado:  Hey ActiveRainers!Yes, over at my company, CMG ...