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 Jesse Ortega, Marketing Strategist
(Private Marketing CO-OP)
Comments 1
Jason Lynn Pearson - Fairway Mortgage Idaho Whether you’re looking to buy, build or refinance your home, our experienced mortgage professionals are here to help. Here at Jason Lynn Pearson - Fairway Mortgage Idaho , we offer a variety of loan options that can help you achieve homeownership with t...

By Jesse Ortega, Marketing Strategist
(Private Marketing CO-OP)
Comments 0
Bryan Robert Booth - Fairway Mortgage IdahoWhether you’re looking to buy, build or refinance your home, our experienced mortgage professionals are here to help. Here at Bryan Robert Booth - Fairway Mortgage Idaho , we offer a variety of loan options that can help you achieve homeownership with th...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
On this day, Feb. 6th in 1815, the state of New Jersey issued the first American railroad charter to John Stevens.  At the age of 27 he was appointed the rank of Captain in Washington’s army during the War of Independence and then became Treasurer of New Jersey.  Stevens turned from law and polit...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed flat today at 102.06 having closed 76 points above support offered by the 200 day moving average.  The conforming rate is at 4.625% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.50%.  Whether in New England, the Mid Atlant...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
“Doesn’t Sound Like Bailing Out to Me”         The teacher gave her fifth grade class an assignment:  Get their parents to tell them a story with a moral at the end of it.     The next day, the kids came back and, one by one, began to tell their stories.  There were all the regular types of stuff...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: Today, we only have the Initial Jobless Claims to report from the Economic Calendar. Last week, it was reported that 234k people applied for benefits, which was lower than the previous week's 253k. These may be holdovers from the holidays, but we'll watch this d...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
The Mortgage Bankers Association (MBA) reports that its Market Composite Index, a measure of total mortgage loan application volume, fell 2.5% in the week ended February 1, 2019. The MBA said the refinance index was near unchanged while the purchase index declined 5%.Mortgage rates edged lower in...

By Roy Kelley
(Realty Group Referrals)
Comments 4
The lowering of the monthly mortgage insurance premiums (MIP) makes FHA more competitive in the marketplace (when compared to the mortgage insurance rates of Fannie Mae). Please visit the original blog if you wish to leave comments. FHA Announces Reduction in Monthly Mortgage Insurance On Friday,...

By Steve Houck
(Real Estate Partners, LLC)
Comments 0
Ok, so you have performed all of the preliminary steps on the closing process. You have made your mortgage application and received an approval, based on certain conditions. You've hired a good Realtor and you've found your next home. You've been through the home inspection process and the apprai...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 0
Conventional 30 year Mortgage: 4.375%Credit score:740LTV:75%Loan Amount:$300kAPR: 4.532%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 ...

By Dan Edwards 425-276-7008
(Keller Williams Realty - Bellevue)
Comments 1
The largest obstacle renters face when planning to buy a home is saving for a down payment. This challenge is amplified by rising rents, which has eaten into the amount of money renters have leftover for savings each month after paying expenses.Read More

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 0
On this day, Feb. 5th in 1931, Maxine Dunlap (pictured above) became the first woman to receive a glider pilot’s license of any kind and she was only 18 years old.  Even though Dunlap was only airborne for one minute, she successfully executed two ‘S’ curves and a most important, a landing.  Maxi...

By Joyce Thomas, Your Home Sold Guaranteed!
(The Thomas Group Brokered by eXp Realty)
Comments 1
If you have or plan to have children, you want them to have a bright future and to be successful and financially secure. That may mean that you hope (or expect) that they will obtain a college degree. With tuition and other costs steadily climbing every year, many parents worry that they won’t be...

By Mike Bjork
(CMG Financial)
Comments 1
http://MikesDailyMarketReport.com: Quiet day today. No economic data to report, as few pieces weren't ready due to the Gov't Shutdown. Stocks are taking their cue from last night's SOTU. They are a bit worried over the tough stance with negotiations with the Chinese; and the uncertainty on negoti...

By Roy Kelley
(Realty Group Referrals)
Comments 17
Keeping score of your referrals, the ones you give and the ones you receive. Please visit the original blog if you wish to leave comments. “Are You Keeping Score?”     Keeping score of your referrals, the ones you give and the ones you receive. My goal each and every day is to give out 2 referral...

By Christopher Pataki, Hockessin Delaware Real Estate
(Keller Williams Realty)
Comments 3
Fannie Mae’s new Loan Quality Initiative (LQI) mandates become effective on June 1, 2010, and this will definitely curtail borrowers’ spending before their home closings. The June 1 changes are part of a new effort by mortgage giant Fannie Mae to cut down on slipshod underwriting by lenders and ...

By Bill Kamboukos
(Strategic Mortgage)
Comments 40
The conventional home loan limits for Fannie Mae and Freddie Mac backed conventional mortgages has been increased from $424,100 in 2017, to $453,100 for all new conventional home loans in 2018.            That also means that for VA loans, the base loan limit is now also $453,100 to qualify for a...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“Can’t get over how Smoothly this Process is going”    Hi Joe, I just wanted to touch base with you and make sure I'm not missing anything/anyone.  I am working with your processor on all the paperwork and the attorney your referred for the closing.  I am getting insurance through the insurance a...

By Leo Namiot, Great Low Mortgage Rates...Check Them NOW
(Canopy Mortgage)
Comments 0
USDA Loan 100% no down payment mortgage in FloridaNo Down Payment - No Money Down Home LoanA USDA Home Loan allows you to finance 100% of the home's value. USDA loans are insured by the United States Department of Agriculture.The USDA Rural Development Guaranteed Housing Loan is intended to serve...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: We have the Services Industries on today's Economic Calendar with 2 indices. We'll start off with the Markit Services PMI, which remained at 54.2 in January; whereas, the ISM Non-Manufacturing Index dropped from 58% to 56.7%. The Stock Market is Up on light trad...