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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 8
“Will He Accept?” A husband and wife are at the breakfast table. The wife looks up from her newspaper and asks the husband, "If I won the lottery, what would you do?"The husband quickly replies, "I'd take half the money and leave you in a New York minute!"The wife frowns and asks, "Really?" Husba...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
The Federal Reserve cut the benchmark short-term Fed Funds Rate (FFR) yesterday by 0.25% for the first decrease in that rate since December 2008. The move did not come as a surprise though the Fed signaled that there may just be one more rate cut in 2019, down from three cuts that were expected b...

By Jordon Wheeler, J W Group Real Estate Sales and Service
(The Jordon Wheeler Group)
Comments 8
HOA Closing Letters - Process Change in Georgia I have been in the business of real estate for over a decade, and for as long as I can remember, the process for obtaining an HOA letter in connection with a closing has been The seller provides the HOA contact information to the closing attorney. T...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 0
Conventional 30 year Mortgage: 3.625%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.765%FHA 30 year: 3.5% Credit Score:740LTV:96.5%loan amount:$300kAPR: 4.4%Conventional 15 year: 3.0%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.245% Rates are Subject to ChangeCall me today if you are thinking o...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 2
 Here is this weeks economic calendar. So far it has been a pretty flat week for mortgages, but there is a lot of data coming out this week that can swing rates.  Tuesday's income, spending and confidence numbers always have a chance of moving the market, and at the end of the week we have the em...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“Nothing Better than Kind Words from a Referral Partner”     Allison,Meet Joe Petrowsky.  He’s been a referral partner of ours for years.   Please connect with Joe in order to see about the refinance of your existing mortgage.  If you need any assistance, please feel free to reach out to me as we...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: ADP reported 156k new jobs in July, which is Up from it's 112k reported in June. The Employment Cost Index rose only 0.6%, under forecasts of 0.7%, in Q2. Annual Compensation Growth dropped from 2.8% to 2.7%. The Fed likes reviewing this Index for possible Wage ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
 “They Made you Feel like a Failure?”    Hi Joe, sorry I've missed your calls, I've been at work and it's been quite busy. I would like to speak to you about buying a house back home in CT. I currently reside in NC. I was working with Envoy Mortgage, but the person I am working with, just doesn’t...

By MBM RESEARCH, Marketplace Research
(MBMRESEARCH)
Comments 0
For new investors, the decision to inquire about hotel financing can be a daunting prospect. But the reality is that the process is not entirely different from many other lending practices which are much more familiar to consumers (i.e. home mortgage loans). Now that you have made the leap into n...

By MBM RESEARCH, Marketplace Research
(MBMRESEARCH)
Comments 0
The financial markets are often guided by global interest rate levels, and this seems to be the case in the current environment of monetary policy changes. This year, we could see U.S. interest rates fall toward lower levels and this means that a flat yield curve before the end of the year is, es...

By Darin Osenberg
(Funky Quail Vintage)
Comments 83
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 Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: There's a lot of data today on the Economic Calendar. We'll start with the Personal Income, which rose 0.4% in June; and Consumer Spending (on the other spectrum) rose 0.3% in June. The Personal Consumption Expenditure rose 0.1% in June and remained at 1.4% YoY;...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Inflation continued to remain tame in June, as evidenced by a key inflation indicator. The Core Personal Consumption Expenditure (PCE), which strips out volatile food and energy, rose 1.6% in June, below the 1.7% expected. The Core PCE is the Fed's favorite inflation gauge and it has set a target...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed flat today at 102.31 having closed 211 points above support offered by the 200 day moving average. The conforming rate is at 3.875% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.00%. Whether in New England, the Mid Atlan...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
    TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 3.04% Fixed 2 Year 3.74% 2.89% Fixed 3 Year 3.89% 2.79% Fixed 4 Year 3.94% 2.94% Fixed 5 Year 5.19% 2.74% Fixed 7 Year 5.80% 2.99% Fixed 10 Year 6.10% 3.04% Variable Rate 2.90% Prime Rate 3.95% Benchmark Rate 5.19% Cost p...

By Jeffrey Rosenthal, CFP, EA, CDFA, Our mission is solutions. Your Tax Matters Matter
(First Call Tax Advocates Corp)
Comments 0
 Failure to pay your individual taxes may be disastrous to your future finances.  Don’t ignore the letter Ignoring the IRS or any State is the worst possible thing you can do. The situation won’t go away. While you should write back as soon as possible, you or your audit representative can ask fo...

By Jeffrey Rosenthal, CFP, EA, CDFA, Our mission is solutions. Your Tax Matters Matter
(First Call Tax Advocates Corp)
Comments 0
The Internal Revenue Service is sending letters to 10,000 digital currency holders who potentially failed to pay taxes or importantly reported taxes on their assets last year.   In some cases, the IRS says taxpayers could be subject to criminal prosecution. These letters and what they imply shoul...

By Jeffrey Rosenthal, CFP, EA, CDFA, Our mission is solutions. Your Tax Matters Matter
(First Call Tax Advocates Corp)
Comments 0
Internal Revenue Brings back Form 1099-NEC for the nonemployee compensationThe Path Act of 2015 has many things that are taxpayer friendly.  That said, the Congress and Internal Revenue have felt that employer misclassification of employees/contractors was an issue that needed a much closer look....

By KAREN SANCHEZ, ...Marketing your home like no one else will.
( Hamilton Landon Real Estate)
Comments 0
Thinking about buying your first home?What's the most important thing?Granite counters? 1/2 acre lot? 3 bedrooms? View?May I suggest the most important thing is paying for the home. So if you don't have cash to buy the home you'll need to finance the home.  Before you start looking for a home ple...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed flat today at 102.31 having closed 213 points above support offered by the 200 day moving average. The conforming rate is at 3.875% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.00%. Whether in New England, the Mid Atlan...