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
   “We Would Like to Work with You”  Good Afternoon Joe,My name is Dawn and my husband and I were referred to you by Jess and Jim XXXX. We are looking to purchase a home and after reading online what you stand for and believe in we would like to work with you. We are unsure if everything is where...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) market closed up 3 basis points today at 104.16 having closed 303 points above support offered by the 200 day moving average. The conforming rate is at 2.50% 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
(Pinnacle Home Loan)
Comments 0
http://MikesDailyMarketReport.com: The Markets will close at 11am PST today and will be closed tomorrow in observance of Independence Day. The data that would normally be released tomorrow, are released today. The big report, Nonfarm Payrolls provided 4.8 million jobs in June. Unemployment Rate f...

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: 2.75% Credit Score:740LTV:96.5%loan amount:$300kAPR: 3.915%Conventional 15 year: 2.25%Credit score:740LTV:75%Loan Amount:$300kAPR: 2.365%Rates are Subject to ChangeCall me today if you are thinking ...

By Mike Bjork
(Pinnacle Home Loan)
Comments 1
http://MikesDailyMarketReport.com: The ADP had some great news today, as it revised it's May numbers from a loss of 2.76 million jobs to 3.065 million jobs created. The June numbers for June came up a bit shy of the 3.00 million forecast, which was 2.369 million jobs created. Also, ISM Manufactur...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
The labor markets continue to hear positive news as many states have reopened and Americans slowly return to work. ADP Private Payrolls rose by 2.37 million in June versus the 3.5 million expected. The May number was revised higher to a gain of 3.065 million from the 2.76 million loss. Gains were...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) market closed down 9 basis points today at 104.12 having closed 302 points above support offered by the 200 day moving average. The conforming rate is at 2.50% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 3.75%. Whether in New E...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“Accidental Meeting”  A woman and a man get into a bad car accident.  Both cars are totally demolished, but amazingly neither of them are hurt. After they crawl out of their cars, the woman says, "So you're a man, I'm a woman, neither of us were hurt but both of our cars were demolished!  This mu...

By Mike Bjork
(Pinnacle Home Loan)
Comments 1
http://MikesDailyMarketReport.com: The lockdown didn't stop home values from rising, according to Case Shiller, as it's Home Price Index indicated that home values rose from 4.6% YoY in March to 4.7% in April. However, news weren't so great in Chicago, as manufacturing is still a concern. The Chi...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Consumer confidence continues to rebound across the nation as states reopen and begin the process of getting back to business. The Conference Board reports that its Consumer Confidence Index surged in June to 98.1 from 85.9 in May. In addition, the Present Situation Index – based on consumers’ as...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) market closed up 3 basis points today at 104.22 having closed 314 points above support offered by the 200 day moving average. The conforming rate is at 2.50% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 3.75%. Whether in New Eng...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 4
     Attention All Buyers ! It really is amazing how little money you need to buy a house . Almostall mortgage products allow a Seller to pay a Buyers Transaction Costs ! This is a good reason toobtain a FREE Loan Pre-Approval , so that the Mortgage Loan Originator can package differentmortgage p...

By Awais Ahmed, Financial Analysis Trainer
(Rel Real Estate)
Comments 0
There are different types of Investment products, one of them is called Mutual Funds. To start with the benefits of investing in this product, an individual must understand first what mutual funds are. Overall, this is a group of investors formed by an experienced team of people who have a pool o...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 1
“This Makes it All Worthwhile”     It had always been a lifelong dream of mine to purchase a home and I didn't know if I'd ever be in the position to achieve it. I had worked with 2 other mortgage brokers who were unable to help me before I was introduced to Joe and Apryl at Right Trac Financial....

By Monica Hill, the REALTOR to help you discover Delaware
(RE/Max Associates)
Comments 2
You may have already caught this viral video. If not, you are in for a treat! Dynamic dad tutors 8-year-old on finance This is great information to pass along to our children and our clients. Enjoy and have a fabulous Sunday! 

By Mike Bjork
(Pinnacle Home Loan)
Comments 1
http://MikesDailyMarketReport.com: After dropping 21.8% in April, Pending Home Sales rebounded in a big way in May, as it jumped up 44.3% in May. Stocks were a bit mixed this morning, as the NASDAQ was the only index in the Red this morning, but not by much. Coronavirus remain in the spotlight, a...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Pent-up demand and low mortgage rates continue to fuel the housing sector after the pandemic shutdown state economies in March and April as well as the early part of May. The National Association of REALTORS (NAR) reports that Pending Home Sales surged by 44% in May from April. It was the highest...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) market closed up 7 basis points today at 104.19 having closed 314 points above support offered by the 200 day moving average. The conforming rate is at 2.50% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 3.75%. Whether in New Eng...

By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
Comments 195
WHAT IS MORTGAGE APR, Can You Explain It? APR Demystified First, lets demystify the calculation for Annual Percentage Rate (APR). Mortgage APR was designed to allow consumers to use one standardized number to compare each lender's rate for the same type of loan while rate shopping.  It is suppose...

By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
Comments 15
FHA Home Mortgage Loan in San Diego - UFMIP FHA Mortgage Insurance Premiums (MIP)FHA (Federal Housing Administration) charges Mortgage Insurance Premiums (MIP) to protect the lender in the event of default.  They are collected by the lender and then forwarded to FHA. There are two types of MIP. c...