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 Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 7
As a direct lender we have minimal issues with closing loans during the shutdown. FHA, VA, Fannie, Freddie have all been seamless.  I have even had a situation where one of my underwriters was able to speak with the VA on a unique Power of attorney situation on a loan I have in process. Of course...

By Crystal Simmons, A present for the self.
Comments 2
Home mortgage loan application can be a time consuming to process and therefore, it is recommended to have a plan before you apply. You should be aware of the requirements in the application, the documents that need to be attached and ensure you can convince the bank that your loan application is...

By Mike Bjork
(American Pacific Mortgage)
Comments 3
http://MikesDailyMarketReport.com: Because of the Gov't Shutdown, we're not receiving a full report of Economic Data, such as Retail Sales, which would have been released today.  However, the Home Builder's Index shows it's confidence rising in January from 56 to 58.  Later today, the Fed Beige B...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 0
Conventional 30 year Mortgage: 4.49%Credit score:740LTV:75%Loan Amount:$300kAPR: 4.647%FHA 30 year: 4.5% Credit Score:740LTV:96.5%loan amount:$300kAPR: 5.4%Conventional 15 year: 3.875%Credit score:740LTV:75%Loan Amount:$300kAPR: 4.15% Rates are Subject to ChangeCall me today if you are thinking o...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
“Sorry Dean Martin, Embarrassing ”    Since some of the radio stations decided to pull "Baby it's Cold Outside" from its playlist because someone was offended, I feel that these other holiday songs must also be removed as they are offensive as well. 1. I Saw Mommy Kissing Santa Claus: subjecting ...

By John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 1
Oh hi, Oregon      Just the other day Montana made it lucky #13 in how many states my team could do business in, and today, Oregon became the 14th state where we can do residential mortgage loans.         My team is thrilled to be able to bring our services to the Beaver State, and this one is a ...

By Debra Leisek
( Bay Realty,Inc Homer Alaska)
Comments 8
Thank you to George Souto for the following information One of the issues created by the Government Shutdown, has been the inability to obtain Tax Transcripts from the IRS.  Without Tax Transcripts, several loans are not able to close, even if the borrower provides copies of their tax returns.  H...

By Robert Clapton
Comments 177
We have direct provider for BG/SBLC/LC from top AA rated banks in the world. HSBC London or HongKong ETC our leasing fee is 6+2 Genuine brokers and Borrower only. Please contact Mr Robert Clapton Contact: Email:  robert.clapton@rocketmail.com  Telephone: +44-777-650-6313 

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 47
One of the issues created by the Government Shutdown, has been the inability to obtain Tax Transcripts from the IRS.  Without Tax Transcripts, several loans are not able to close, even if the borrower provides copies of their tax returns.  However, through some lobbying pressure, there will soon ...

By Peter Mohylsky, 850-517-7098, Your Bucket List Broker
(Gulf Place @ 30A)
Comments 3
Interesting twist on an age old problem. In a Washington Post article today, about predictions of the market for 2019, I read an interesting post, and wonder what AR members think: "I do remember being told it was a great time to buy because interest rates are low.  In the back of my mind, I thou...

By Dan Edwards 425-276-7008
(Keller Williams Realty - Bellevue)
Comments 0
In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show that you are serious about buying your dream home is to get pre-qualifi...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Inflation at the wholesale level declined in December due in part to a drop in energy costs. The December Producer Price Index (PPI) fell 0.2% versus the -0.1% expected while the Core rate declined 0.1%, below the +0.2% expected. The tame PPI report comes after last week's tame Consumer Price Ind...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 3 basis points today at 101.91 having closed 57 points above support offered by the 200 day moving average.  The conforming rate is at 4.50% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.50%.  Whether in New England, ...

By Mike Bjork
(American Pacific Mortgage)
Comments 0
http://MikesDailyMarketReport.com: On today's Economic Calendar is Inflation news in the Wholesale Sector for the month of December. The Producer Price Index dropped 0.2%, while the Core PPI (excluding food & energy) dropped 0.1%. Manufacturing data from the NY region had a sharp decline, as the ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
U.S. stocks are lower to begin the week after reports that Chinese exports slowed to their lowest pace in two years, solidifying slowing global growth. Questions regarding tomorrow's Brexit vote are also weighing on Stocks around the globe. Throw in the lingering government shutdown here in the U...

By John Henry, Residential Architect, Custom Home Design
(John Henry Masterworks Design International, Inc.)
Comments 12
In a Washington Post article today, about predictions of the market for 2019, I read an interesting post, and wonder what AR members think:"I do remember being told it was a great time to buy because interest rates are low.  In the back of my mind, I thought:  the great time to buy is when intere...

By John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 10
Products, Programs, and ProcessesLast updated: 1/15/19 (additions: Construction-Perm financing now available, Montana and Oregon added to license list, non-FHA products now available with FICOs down to 500) At least a couple times each week I'm asked to send over a list of products that we offer ...

By Dan Papadapoulis, Home equity loans, second mortgages Toronto
(Mortgage Central Nationwide)
Comments 0
The mortgage world is abuzz with new information regarding getting additional financing for those who have a HELOC. Some of the Big Six banks have adopted the policy as of recent update. This means that those who have a HELOC will now have to prove that they are capable of paying the theoretical ...

By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
Comments 0
              Paradise Valley, Arizona Homes are the most expensive homes in Arizona in general   Seller May Carry interim financing is a way to purchase a home in Arizona with a 20 to 30% down payment without getting a lender involved. Some Sellers may be willing to work with a buyer in this sc...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
    “The Cash Society”    Joe,I do have another question for you. Is there any way we can utilize cash saved to purchase a home? In addition to what we have in the bank?Thanks, Ashley I am asked this question more times than you can imagine. Just know that cash cannot be used when it comes to the...