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 Christopher Hills, Managing Dir. Lending
Comments 1
This borrower had a difficult time locating financing since he could not document his personal or property income with tax returns and many lenders are shying away from retail property loans. We are still actively financing retail properties and don't require tax returns for income verification. ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
 Wholesale inflation was rather tame in April with the smallest amount of gains seen since the end of 2017. The decline was led by lower prices for food and gas. The April Producer Price Index rose by 0.1%, below the 0.2% expected and down from the 0.3% recorded in March. On a year-over-year basi...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 12 basis points today at 101.56 having fallen to 16 basis points belowthe 10 day moving average   The 30 year was available at 4.625% day.  The 30 year jumbo was at 4.375%.  My jumbo pricing is now sizzling!  Whether in New England, the Mid Atlantic or...

By Stephen Katz, Branch Manager, CMPS
(Katz Mortgage Team, a branch of VanDyk Mortgage Corporation)
Comments 0
Considering when to buy a home is always a train of thought. Many questions come to surface such as, “Are you ready to buy a house? What can I afford? What area will the house be located in?" Suddenly we find ourselves with so many questions, but not enough answers. And that's where we experts co...

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 10
“I wonder what the Officer was thinking?”   A wife went to the police station with her next-door neighbor to report that her husband was missing. The policeman asked for a description. She said, "He's 35 years old, 6 feet 4, has dark eyes, dark wavy hair, an athletic build, weighs 185 pounds, is ...

By Respect Realty LLC, Brokers - Oregon / SW Washington Real Estate
(Respect Realty LLC)
Comments 11
Time is money. We hear that phrase only after we get our first job, prior to that we don't hear that phrase much, because it really doesn't apply unless it is someone else's time and someone else's money.So, how does this apply to today's market? Does the time on the market in a short sale or for...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“Never a Pre-Payment Penalty”   Good Morning Joe, Hope you are doing well. It's XXXX a year later & we have run into another potential house.  The figure will likely be a hefty $450,000.00 and we're looking to put $100,000.00 down to meet the 20% down to avoid the PMI. Could you give me your best...

By Christopher Hills, Managing Dir. Lending
Comments 0
Don't lose a deal because your local lender said No!! Hills Capital, LLC is a full service Commercial Finance Company. We deal with some of the best commercial lenders in the United States. This allows us to provide large bank resources with the personal touch so many of our clients have come to ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down today at 101.69 having fallen through support offered by the 10 day moving average and closed 2  basis points below it.  The 30 year was available at 4.625% day.  The 30 year jumbo was at 4.375%.  My jumbo pricing is now sizzling!  Whether in New Engla...

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 Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
The NFIB's Small Business Optimism Index sustained record-high levels in April of 104.8, driven by reports of improved profits, which pushed the index to its highest level in the survey's 45-year history. "There is no question that small business is booming," said NFIB Chief Economist Bill Dunkel...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
HIGH RATIO fixed term best discounted rates & posted rates as of May 8, 2018 Terms                         Posted Rates               Our Rates 6 mos                         3.14%                          3.10%1 year                          3.04%                          2.99%2 year             ...

By Respect Realty LLC, Brokers - Oregon / SW Washington Real Estate
(Respect Realty LLC)
Comments 7
About a week ago I started a new group called "Short Sale and Loan Modification Nightmares" I asked other agents and loan officers to include their stories of whoa that would send to congress once a week. These stories are intended to wake up congress to what is really going on at the street leve...

By Respect Realty LLC, Brokers - Oregon / SW Washington Real Estate
(Respect Realty LLC)
Comments 16
Ok Mr. Banker, I know this secret may come to a big surprise to you, but to us that own homes, sell homes, and are working with sellers that are having problems right now, we want to keep our homes despite the loss in value.I know that surprises you because I talk to you everyday on the phone. Yo...

By Respect Realty LLC, Brokers - Oregon / SW Washington Real Estate
(Respect Realty LLC)
Comments 28
THIS IS A RANT: If you don't like rants, then I suggest you don't do short sales or read this post! Over the past year and a half I have done many successful short sales, but in more recent times, I feel the banks representatives are being told to lie to anyone who calls. Every time I call I seem...

By Joyce Marsh, Daytona Beach Florida, Two Decades Of Experience Selling Luxury Homes...
(Premier Sotheby's International Realty)
Comments 3
Never underestimate the importance of a good Credit Score. Your personal Credit Score impacts so many areas of your life.GOOD CREDIT SCORE - FICO SCORENever underestimate the power and influence your credit score can have on all of the areas of your life.  Here are just a few areas that are impac...

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 Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed flat today at 101.84 having closed 18 basis points below resistance offered by the 25 day moving average.  The 30 year was available at 4.625% day.  The 30 year jumbo was at 4.375%.  My jumbo pricing is now sizzling!  Whether in New England, the Mid Atlanti...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
With economic reports to opine about, investors and stock traders reviewed earning reports.  Apple led the way after a strong first quarter and oil stocks fared well with the price West Texas crude trading at nearly $71 per barrel.  This week's most important economic report will be the Consumer ...