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 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 November 17, 2018 Terms                           Posted Rates                 Preferred Rates 6 mos                          3.34%                          3.10%1 year                          3.59%                          3.19%2 ...

By Faye Y. Taylor, Homes for Sale Floresville, La Vernia & San Antoni
(StepStone Realty, LLC )
Comments 2
Trying to get a mortgage when self employed comes with its own set of challenges. Being self employed is a tough enough row to hoe (chiefly because of the many hats you have to wear) without the added burden of trying to convince a lending institution to give you a loan for a house. It’s certainl...

By Trent Dalrymple (248) 854-0625, Helping Mortgage Professional's Lend Nationwide!
(Texana Bank)
Comments 48
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 Carla Harbert, RE/MAX Omega: Lorain-Medina County Area
(www.LorainCountyHomeSales.com)
Comments 1
In this day and age, credit scores are important, more than ever! What's the fastest way to improve a credit score? 1. Keep your credit usuage LOWER than your actual credit limit.      What does that mean? If you have a charge card that has a $5,000 limit, try to keep your balance under $1,000, d...

By Gary Massey, CPA, Atlanta's Small Business CPA
(Massey and Company CPA)
Comments 1
Federal tax liens are one of the most powerful tools that the IRS has when trying to collect a tax debt.  Liens arise automatically by law once a taxpayer owes money and fails to pay it.   If the taxpayer owes more than $10,000 in taxes, the IRS will file a Notice of Federal Tax Lien.   The Notic...

By Stephen Katz, Branch Manager, CMPS
(Katz Mortgage Team, a branch of VanDyk Mortgage Corporation)
Comments 1
The housing market flows just like the seasons. Fall is an amazing season for many different reasons. It’s a chance to fill up on hot pumpkin spice lattes every morning and stay warm and cozy by a fire. Fall may be a great time to buy a house as well.Believe it or not, November is among the great...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 9
“No Pressure at all!”     Dear Mr. Petrowsky,After your name was given to me three times, I figured I better call you. Each person who referred you knows how nervous I am about the home buying process. The main reason for my nervousness was my parents lost their home a number of years ago. Each p...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Commercial Bond Yields CMB 5 Year - 2.63% CANHOU 12/15/23 [-0.02]   ‌ 10 Year - 2.78% CANHOU 12/15/28 [-0.02]   GoC 5 Year - 2.30% CAN 2.00 09/01/23 [-0.03]   ‌ 10 Year - 2.37% CAN 2.0 06/01/28 [-0.02] GOC Bonds are for reference purposes only Floating rate insured cost of funds 1.94% [-]       ...

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
Mortgage backed securities (MBS) closed up 25 basis points today at 100.25 having emainedd above resistance offered by the 25 day moving average and closed 32 points above it.  The conforming rate is at 5.00% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.750%.  ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
U.S. Stocks are closing out the week the same way they came in ... with extreme volatility. The Dow Jones Industrial Average traded as high as 26,000 with a low of 24,787. Stocks were influenced this week by trade issues, Brexit, the Fed and somewhat tame inflation data. Next week, the U.S. marke...

By Trent Dalrymple (248) 854-0625, Helping Mortgage Professional's Lend Nationwide!
(Texana Bank)
Comments 0
Our Boca Raton, Florida Branch Manager Michael Alvarez was referred a purchase loan from Sales Associate Ana Moreno at Related ISG International Realty for a buyer who was out-of-state but wanted to move to a warmer climate and be closer to family. Everything went as planned. The closing was on t...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
“Hope He Can Play a Tune”  A newly married sailor was informed by the navy that he was going to be stationed a long way from home on a remote island in the Pacific for a year. A few weeks after he got there he began to miss his new wife, so he wrote her a letter. "My love," he wrote "we are going...

By John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 38
Can I Switch Mortgage Lenders if an Appraisal is already done?       In a word, YES.  You can.  In an explanation, like so many things in the mortgage world, it's a gray area.  Some lenders won't accept them at all.  Others will require a borrower use a certain loan product if they want to use an...

By Darin Osenberg
(Funky Quail Vintage)
Comments 69
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 Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 1
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.34% 3.19% Fixed 2 Year 3.74% 3.19% Fixed 3 Year 3.89% 3.39% Fixed 4 Year 3.94% 3.64% Fixed 5 Year 5.59% 3.40% Fixed 7 Year 5.80% 3.59% Fixed 10 Year 6.10% 3.94% Variable Rate 2.85% Prime Rate 3.95% Benchmark Rate 5.34% Cost per ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
As the holiday shopping season unfolds, retailers were giddy in October due in part to strong sales for motor vehicles and building materials. Retail Sales jumped 0.8% versus the 0.5% expected and were up from 0.1% in September. It was the largest increase since May's gain of 1.2%. The Core rate ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 9 basis points today at 100.00 having broken through resistance offered by the 25 day moving average and closed 6 points above it.  The conforming rate is at 5.00% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.750%.  Wh...

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 Interes...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
The October Consumer Price Index rose 0.3%, in line with estimates, though it was the largest increase since the 0.5% registered in January. The Core CPI was also in line at 0.2%. On a year-over-year basis, CPI rose to 2.5% from 2.3% in September and down from the 2018 high of 2.9% hit in June. T...