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 Stephen Katz, Branch Manager, CMPS
(Katz Mortgage Team, a branch of VanDyk Mortgage Corporation)
Comments 0
Throughout your home-buying process, you will receive a load of real-estate paper work. The question is, how do you know which documents you should keep after buying a home? After all, you don’t want to keep all the paperwork. Here are the files you should keep and why: Buyer’s Agent Agreement Wh...

By Kurt Davidson, Real estate agent serving Greater Portland, OR
(Davidson Home Group | Keller Williams Portland Central)
Comments 0
Download your HOME SEARCH appWhat’s my HOME WORTH in today’s market?Some Highlights: Many buyers are purchasing a home with a down payment as little as 3%. You may already qualify for a loan, even if you don’t have perfect credit. Take advantage of the knowledge of your local professionals who ar...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Commercial Bond Yields CMB 5 Year - 2.43%* CANHOU 12/15/23 [+0.01]   ‌ 10 Year - 2.59% CANHOU 12/15/28 [+0.01] * denotes interpolated rate GoC 5 Year - 2.05%* CAN 1.75 03/01/23 [+0.01]   ‌ 10 Year - 2.14% CAN 2.0 06/01/28 [+0.01] GOC Bonds are for reference purposes only Floating rate insured co...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 2
    “Please let all my Mortgages be this Easy”      Joe, My name is Rob XXXXX. I am a friend of XXXX XXXXX. He gave your info and said you may be able to help me out. My wife and I would like to refinance our house. We have been stuck in a higher rate loan since 2008 when we did a large addition ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
“Whoops”   Friends, let me tell you friends that one simple spelling mistake--even a typo--can make your life hell.I recently texted a short, romantic note to my wife while I was away on a fishing trip, and I missed one small "e."No problem you might say. Not so. This tiny error has caused me to ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 15 basis points today at 102.03 having broken through resistance offered by the 100 day moving average and come to rest 9 basis points above it.  The 30 year was available at 4.625% day.  My jumbo pricing is now sizzling!  The 30 year jumbo for $1 millio...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
The number of Americans filing for first-time unemployment benefits fell to the lowest levels in more than 48 years as the labor market continues to gain strength. Weekly Initial Jobless Claims fell by 8,000 to 207,000, below the 220,000 expected, in the week ended July 14. It was the lowest leve...

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 Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE
(Liberty Homes)
Comments 16
The following link (and the table below) are the federal guidelines from Fannie Mae …set forth on March 29. 2016 regarding leased solar panels and the first paragraph is if the PV Panels are OWNED.  All sellers will face this same dilemma (if the solar company is not agreeing to these terms) when...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 0
Conventional 30 year Mortgage: 4.375%Credit score:740LTV:95%Loan Amount:$300kAPR: 4.790%FHA 30 year: 4.625% Credit Score:740LTV:96.5%loan amount:$300kAPR: 6.1%Conventional 15 year: 4.%Credit score:740LTV:95%Loan Amount:$300kAPR: 4.447% Rates are Subject to ChangeCall me today if you are thinking ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
U.S. home builders broke ground on fewer homes than expected in June, due in part to higher costs for lumber, a lack of available land to build on land and a shortage of construction workers. June Housing Starts fell 12.3% in June from May to an annual rate of 1.173 million units versus the 1.318...

By Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA
(ViewHomes of Clark County - Nature As Neighbors)
Comments 35
Sunday Morning at Our Multi-Generational HomeIt’s been a while since I’ve written an update about life at our multigenerational home. Dad is still with us, and while he is too weak to get out of bed these days, he is not too uncomfortable at this point. We are so grateful.  Mornings are my favori...

By Russell Smith, Experience to Help Originators & Realtors
(OVM Financial Inc)
Comments 2
Ok, about everyone understands the basics of getting a mortgage means paying back the money with interest.  For the most part, the interest rate makes sense.  But, the costs that determine an interest rate is a key area as well.  Those are points, also called discount points.  Points are a percen...

By Russell Smith, Experience to Help Originators & Realtors
(OVM Financial Inc)
Comments 1
Realtors know that buying a condo with a mortgage involves a condo approval process.  Typically, condos go through a full or limited condo review process. Of course, limited is the path of least resistance which we explain in this article.  Conversely, the full review process results in more deni...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 3 basis oints today at 101.88 having remained below resistance offered by the 100 day moving average and come to rest 6 basis points below it.  The 30 year was available at 4.625% day.  My jumbo pricing is now sizzling!  The 30 year jumbo for $1 millio...

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 Gary Massey, CPA, Atlanta's Small Business CPA
(Massey and Company CPA)
Comments 0
In a controversy with IRS? Learn how to use the Freedom of Information Act to your advantage when dealing with the IRS.  Click the link to learn more:  Freedom of Information Act and the IRS     Gary Massey, CPA Massey and Company CPA 10 Glenlake Parkway, Suite 130, Atlanta, GA 30328  Office: 67...

By Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel
(RE/MAX Centre Realtors)
Comments 16
I often receive calls from people looking for rent to own properties. If you are looking to move into a rent to own house please read this post. Make sure you have an attorney look at the lease before signing if you are dealing directly with the landlord. So I run into this a lot when I deal with...

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 July 18, 2018 Terms                           Posted Rates                 Our Rates 6 mos                          3.14%                          3.10%1 year                          3.04%                          2.99%2 year      ...

By Daniel Sasson, Professional real estate in South Florida
(Florida Cash For Home)
Comments 1
The Listing business is a standout amongst the most lucrative organizations to put resources into. The vast majority intrigued have everything necessary to influence it to work except for financing. Finding a home financial specialist close you can be precarious mainly if you don't fittingly pres...