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 Bill Kamboukos
(Strategic Mortgage)
Comments 4
A good credit score is paramount to obtaining a home loan or any type of financing in general. The higher your credit score, the better your potential interest rate and terms will be, whether you are applying for a home loan, a consumer loan or a credit card. There is often times conflicting info...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“Buying a Home Directly from a Seller”     The sale for our house should be done within the next few weeks. Our contract says on, or before 4/13. Chris and I plan to start looking at different homes. We are not moving forward with the current property, the seller has been lying to us right along,...

By Khash Saghafi, Mortgage Loan Officer, Cleveland Ohio
(Liberty Home Mortgage Corporation)
Comments 0
Here is a quick FYI on how much a seller can pay towards a buyer's closing cost and pre-paid items for conventional and FHA: Conventional -- Less than 10% down, a seller can pay up to 3% of the purchase price.  10% down or more, a seller can pay up to 6%. FHA -- A seller can pay up to 6% of the p...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 10
A warning passed on by Roy Kelley that we should all be aware of:  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 ...

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 6, 2018 Terms                           Posted Rates                 Our Rates 6 mos                          3.14%                          3.10%1 year                          3.04%                          2.99%2 year        ...

By YourSiteNeedsMe SEO Team, $399 Real Estate Websites - YourSiteNeedsMe.com
(YourSiteNeedsMe.com)
Comments 0
This year begins an estate tax exemption threshold increased to $11.2 million for single people and $22.4 million for couples. So, it basically doubles the exemption for estate taxes for the tax years 2018 to 2025. Now, very few people would ever expect to need to worry about the estate tax.One t...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 4
Commercial Bond Yields   CMB         GoC         Floating RateInsured Cost of Funds 5 Year - 1.99%CANHOU 12/15/22 [+0.03]       5 Year - 1.66%CAN 1.0 09/01/22 [+0.03]       1.30%                     [-]                       5 Year - 2.05%*CANHOU 06/15/23 [+0.03]                                 ...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 4
There is a streamlined FHA refinance program in place through FHA, which would facilitate a less expensive refinance of an existing FHA mortgage loan. Please visit the original blog if you wish to leave comments. Private mortgage insurance premiums are higher for people with lower credit scores. ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
S & P futures opened slightly lower this morning in anticipation of the release of the government jobs report this morning.  The actual jobs number disappointed coming in at only 164,000 non farn jobs added for April.  The unemployment rate did fall from 4.1% down to 3.9%.  Total unemployment was...

By Trent Dalrymple (248) 854-0625, Helping Mortgage Brokers & LO's Lend Nationwide!
(American Mortgage Bank)
Comments 0
We're hiring Account Executives for our Contract Originator Program, a specialized mortgage origination program that allows LO's and Mortgage Brokers to originate in every state they are not licensed, without additional state licensing.  Send your resume and questions to Trent@AmericanMB.com. 

By Respect Realty LLC, Brokers - Oregon / SW Washington Real Estate
(Respect Realty LLC)
Comments 2
Today is Friday, March 14, 2008 and it is time for another breakdown of homes sales in the Washington County, Oregon market. I'm happy to say if you own a lower to medium priced home, sales are still making a moderate increase, if your home is price correctly.While this is good news, higher price...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 13
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 Jackson, MBA, Financial lending analyst
(Olympus Labs)
Comments 0
During the homebuying process, you might feel overwhelmed with the number of choices you face. Not only will you have to walk through dozens of houses in an effort to find your dream home, you’ll also need to think about where and how to get your mortgage—not to mention the logistics of how you’l...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 6 basis points today at 101.84 having closed 21 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, th...

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 Mike Sackman, Broker in Charge, ABR, CDPE
(Homes Finder Realty Group)
Comments 0
The first thing you should consider if you plan on buying a home Beaufort is how to get the necessary mortgage (unless you're paying outright in full for your home). A mortgage is perhaps the most important financial decision of your life.One thing to consider when buying a home is how much inter...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Stocks, which had a volatile beginning this morning, closed near flat levels in a mixed market.  Continued fears about U.S./Chinese trade talks and some lower earnings reports cuased the selling pressue. The early losses and easing inflation in the Euro zone helped to propel MBS bonds higher for ...

By John Thomas, First Time Home Buyer Expert
(Primary Residential Mortgage Inc.)
Comments 0
WHAT AGE IS CONSIDERED A MILLENNIAL HOMEBUYER?Though sources vary, Millennials are generally considered to be people born between 1984 and 1993. Since Millennials are leaving school, starting families, and entering the workforce, they are becoming the largest class of buyers in the real estate in...

By David Jackson, MBA, Financial lending analyst
(Olympus Labs)
Comments 0
An anonymous writer once said, ““Never stop dreaming, never stop believing, never give up, never stop trying, and never stop learning.”If the author had been speaking directly to two men in Las Vegas, he might have added, ‘Never stop trying to commit mortgage fraud.’Two Las Vegas men conspired to...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“INVESTMENT ADVICE”  A financial planner suggested to a wealthy client that he should invest in a circus.The client expressed great surprise at such an unusual recommendation: "A circus? Why on earth should I buy into a circus?"The financial planner replied: "Because of the elephants."The client,...