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 Trent Dalrymple (248) 854-0625, Helping Mortgage Professional's Lend Nationwide!
(Texana Bank)
Comments 15
If you're happy where you are, then congratulations! But if you're dreading Monday, maybe it's time for a change.  Consider one of these career offerings! (Click below) (Please SHARE, you may help someone find their dream job! ) Send your resume to Trent.Dalrymple@TexanaBank.com if you have a min...

By John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 10
The Impending Recession - What You Can do to Plan       Let me start off by saying this isn't a FUD post.  Fear, uncertainty, and doubt being used by sales people is a slimy approach to get people to make decisions they otherwise wouldn't.  This is a post based on economic indicators, historical ...

By Lorraine Santirosa, #1 San Diego Military Relocation Expert!
(Mission Realty Group)
Comments 7
Does Countrywide now Bank of America owe you money? -The Justice Department is confronted with a challenging task of locating over 200,000 alleged victims and establishing a method of compensation after a $335million dollar fair lending settlment with Bank of America's Countrywide unit. The agree...

By JoAnn Moore, Home Loans in Delaware
(The Mortgage Market of Delaware)
Comments 3
Outside the Norm Home LoansUnusual circumstances call for expert financial guidance to find the right loan. When it comes to home loans most people are aware of the normal, regular loans and may be surprised there are quite a few loan programs to fit not so normal sets of wants and needs.For exam...

By Russell Barbour, Loving life!
(Unconventional Prosperity)
Comments 1
Leverage in business can change everything for you. If you are not using leverage then you are probably working too hard and making too little money!There are so many forms of leverage, here are just a few of them:1. Using other peoples money, resources or talents to create your business. For exa...

By Khash Saghafi, Mortgage Loan Officer, Cleveland Ohio
(Liberty Home Mortgage Corporation)
Comments 48
"Overlay" is a word which real estate agents need to learn.  What does it mean and why is it such an important word to learn? Easy. It is the reason why some lenders will approve a loan while others will decline it. Lending begins at the BACK of the line and NOT the front of it. There are 3 playe...

By Fred Griffin, Licensed Florida Real Estate Broker
(Fred Griffin Real Estate)
Comments 0
"Overlay" is a word which real estate agents need to learn.  What does it mean and why is it such an important word to learn? Easy. It is the reason why some lenders will approve a loan while others will decline it.   Lending begins at the BACK of the line and NOT the front of it. There are 3 pl...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Despite the strong job market here in the U.S., banking and lending giant Wells Fargo plans on cutting up to 26,500 jobs, or 10% of its workforce, over the next three years. The bank said that the move into digital banking and the firm's efficiency programs would result in the layoffs along with ...

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 Darin Osenberg
(Funky Quail Vintage)
Comments 67
Hello everyone!  Everyone on AR,and in the Realestate Market...I am sure KNOWS that USDA loans (where applicable) are arguably the BEST PRODUCT OUT THERE!!!  However, did you know that you can purchase a home that needs some LOVE and FINANCE the improvements?  All with NO MORTGAGE INSURANCE AND A...

By Mitun Bhowmick, BG/SBLC FOR LEASE
(Bhowmick LEASING COMPANY )
Comments 45
We are direct provider for BG/SBLC specifically for lease, at Leasing Price: 3.5% of Face Value plus (0.5+X)% commission fees to brokers, Issuance by HSBC Bank London , Barclays Bank London,ICBC (London) Our BG/SBLC Financing can help you get your project funded, loan financing by providing you w...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Commercial Bond Yields CMB 5 Year - 2.64%* CANHOU 12/15/23 [-]   ‌ 10 Year - 2.84% CANHOU 12/15/28 [-] * denotes interpolated rate GoC 5 Year - 2.33% CAN 2.00 09/01/23 [-]   ‌ 10 Year - 2.44% CAN 2.0 06/01/28 [-] GOC Bonds are for reference purposes only Floating rate insured cost of funds 1.85%...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 3 basis point today at 100.8 having remained below resistance offered by the 10 day moving average and closed 30 points below it.  The conforming rate is at 4.875% day. My jumbo pricing is now. sizzling! The 30 year jumbo for $1 million was at 4.50%.  Wh...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
     “You Don’t Know What You Don’t Know”    Hi Mr. Petrowsky My name is Angela Xxxxxxxxx and I’m an acquaintance of Matt Xxxx. He gave me your contact information so I would be able to find out some information and see if we can buy Matt’s Condo. I do not have good credit so my fiancé was going ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 11
“Bon Voyage!!”   A young New York woman was so depressed that she decided to end her life by throwing  herself into the ocean, but just before she could throw herself from the docks, a handsome  young man stopped her.     "You have so much to live for," said the man. "I'm a sailor, and we are off...

By Fred Griffin, Licensed Florida Real Estate Broker
(Fred Griffin Real Estate)
Comments 1
The Fall Market is here which means many First Time Homebuyers will be out looking to purchase their dream home before Winter sets in.  Purchasing a home can be overwhelming especially for First Time Homebuyers.  This is most likely the single largest expenditure they have ever made in their liv...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
The National Association of REALTORS® reports that after four straight months of declines, Existing Home Sales were unchanged in August from July at an annual rate of 5.34 million units. That was below the 5.37 million expected. Flat sales were due to a balance of gains in the Northeast and Midwe...

By Fred Griffin, Licensed Florida Real Estate Broker
(Fred Griffin Real Estate)
Comments 3
Length Of Time Information Remains On Credit Reports. I regularly try to posts and update blogs with information related to a Borrower ability to obtain financing, and credit information is among the most important I try to keep Borrowers informed with.  I feel strongly about providing credit in...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 3 basis point today at 100.81 having remained below resistance offered by the 10 day moving average and closed 30 points below it.  The conforming rate is at 4.875% day. My jumbo pricing is now. sizzling! The 30 year jumbo for $1 million was at 4.50%.  W...

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...