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 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 Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 15
If a loan fits within agency guidelines and does NOT get an approval through AUS, it doesn't necessarily mean the loan can't be done.  What you need to know about AUS        AUS is simply the acronym for Automated Underwriting System.  Still with me?  More commonly known in the real estate world ...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 2
Lock Watch for the Week of 5/14/2018 Volatility-O-Meter:Relatively quiet week aside from a lot of Fed member speeches, but I am going to put oil prices on the radar too.  Heightened Middle East tension could spill over, through oil, into stock and bond markets. Economicalendar (all times are Paci...

By Bill Kamboukos
(Strategic Mortgage)
Comments 8
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 Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 1
Lock Watch for the Week of 5/07/2018 Volatility-O-Meter:Inflation readings on Weds/Thurs plus auctions should keep the bond market active. Economicalendar (all times are Pacific):Mon, 5/7:       Quiet. Tues, 5/8:       JOLTS (7am) and 3-Yr Note Auction (10am).Weds, 5/9:     PPI (5:30am) and 10-Yr...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 2
Lock Watch for the Week of 4/30/2018 Volatility-O-Meter:Very high.  Really big week with a lot of reports and a Fed announcement (though no change to rates expected). Economicalendar (all times are Pacific):Mon, 4/30:       Personal Income and Outlays (5:30am), Chicago PMI (6:45am). Tues, 5/1:   ...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 1
Lock Watch for the Week of 4/23/2018 Volatility-O-Meter:Busy week of reports and auctions.  GDP on Friday. Economicalendar (all times are Pacific):Mon, 4/23:       PMI Composite Flash (6:45am) and Existing Home Sales (7am). Tues, 4/24:       New Home Sales, Consumer Confidence and Richmond Fed Mf...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 1
Lock Watch for the Week of 4/16/2018 Volatility-O-Meter:Not a lot of key reports, so the market will likely take outside cues. Economicalendar (all times are Pacific):Mon, 4/16:       Retail Sales and Empire State Mfg Survey (5:30am). Tues, 4/17:       Housing Starts (5:30am) and Industrial Produ...

By Respect Realty LLC, Brokers - Oregon / SW Washington Real Estate
(Respect Realty LLC)
Comments 11
In the State of Oregon, every month an employer is required to pay in to an unemployment insurance fund so that if someone should become unemployed, due to something other than just being an idiot and being fired, then they can collect unemployment. So why can’t we do something like this with hom...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
  Mortgage rates continued their trek higher this week due in part to the continued growth in the U.S. economy and a tight labor market. Positive economic data usually pushes Bond prices lower, which leads to higher rates. Freddie Mac reports that the 30-year fixed-rate mortgage rose five basis p...

By Debbie Gartner, The Flooring Girl & Blog Stylist -Dynamo Marketers
(The Flooring Girl)
Comments 5
So last month was an AWESOME month for my blog.  I had a record high in pageviews (yes, 175,000 pageviews!) and record income.  I couldn't believe it. I finally took the plunge to convert to https and to upgrade my hosting.  I probably should have done this months ago.  I was not happy with hosti...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed flat today at 100.94 having remained below resistance offered by the 10 day moving average and closed 53 points below it.  The 30 year was available at 4.875% day.  Look out for higher rates tomorrow.  The 30 year jumbo was at 4.50%.  My jumbo pricing is no...

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 John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 22
What you need to know about AUS      AUS is simply the acronym for Automated Underwriting System.  Still with me?  More commonly known in the real estate world as "DU", AUS is the program that issues automated loan approvals or rejections when a borrower's personal information is input.      All ...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 10
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 Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 18
Your Credit May Be Good, But Is It Jumbo Good? "I have an 800 FICO so I know I'll qualify." We, here at Guaranteed Rate, pride ourselves on being a great jumbo lender.  Because of our geography and clientele in the San Francisco Bay Area, we encounter a lot of higher loan amounts.  Our pricing is...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 12
How is your FICO score calculated?According to FICO, five elements make up your credit score:·         Payment history (35%) ·         Your credit utilization, or how much of your credit you're actually using (30%) ·         Length of your credit history (15%) ·         Recently issued credit (1...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 0
Conventional 30 year Mortgage: 4.625%Credit score:740LTV:95%Loan Amount:$300kAPR: 5.165%FHA 30 year: 4.75% Credit Score:740LTV:96.5%loan amount:$300kAPR:%5.976Conventional 15 year: 4.125%Credit score:740LTV:95%Loan Amount:$300kAPR: 4.572% Rates are Subject to ChangeCall me today if you are thinki...

By Lauren Massie, CPA, CPA - Tax Resolution Specialist in Raleigh, NC
(Lauren Massie, CPA PLLC)
Comments 6
The main focus of my practice is income tax representation for individuals. Many taxpayers who come into our Raleigh, NC office often need help understanding how the IRS collection process works. Luckily, there is a roadmap laid out to uncover some the mystery behind the IRS collection process. T...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 19 basis points today at 100.94 having remained below resistance offered by the 10 day moving average and closed 64 points below it.  The 30 year was available at 4.75% day.  Look out for higher rates tomorrow.  The 30 year jumbo was at 4.50%.  My jumb...