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
Term Posted Rate Preferred Rate 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 2.90% Prime 3.95% Benchmark 5.19%

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
The US capital markets are on hold today in what is shaping up to possibly be a volatile week. The inflation reading and the Fed's favorite inflation gauge, the Core PCE, will be released on Tuesday while the closely watched Jobs Report for July is released on Friday. The two-day Federal Open Mar...

By Mike Easton, Creative lending solutions from coast to coast
(Movement Bank)
Comments 1
 I definitely need to go through my database and see how my past clients are doing. What are some of your favorite follow up techniques when calling past clients?    Despite slowing economies across the globe, here in the states, economic data remains impressive. This morning, June Durable Orders...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: There are no scheduled data to be released today from the Economic Calendar; however, this week, we have a wide range of important data to be released (namely Inflation, housing and Jobs). On top othat data, we have the FOMC, which begins tomorrow and is expecte...

By Jeffrey Rosenthal, CFP, EA, CDFA, Our mission is solutions. Your Tax Matters Matter
(First Call Tax Advocates Corp)
Comments 0
Do you have Serious Delinquent IRS Debt?If you owe the IRS more than $52,000, you need to get resolution started.Under Internal Revenue Code Section 7345(f),  in the case of a calendar year beginning after 2016, the dollar amount in new Code Section 7345 shall be increased by an amount equal to (...

By Jeffrey Rosenthal, CFP, EA, CDFA, Our mission is solutions. Your Tax Matters Matter
(First Call Tax Advocates Corp)
Comments 0
Are you in trouble with the IRS or any State? Do you feel hopeless, overpowered and ready to give up? We understand how you feel and we know what you need to get back on the right track, fast. Many people experience tax liens, imposing fines and penalties, suffocating wage garnishments and proper...

By Jeffrey Rosenthal, CFP, EA, CDFA, Our mission is solutions. Your Tax Matters Matter
(First Call Tax Advocates Corp)
Comments 0
Do you have tax issues?If you have issues with the Internal Revenue or any state, we understand that you are overwhelmed and scared. Owing money is always stressful; when you owe the government you can feel helpless.We have more than 40 years of resolution experience and here is why we are differ...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 5
What is APR on a Mortgage? "Can you tell me what your APR is?""Sure.  Can you tell me what APR is?""Uhhhh..."So this really happened.  Many times, in fact.  This is your garden variety, otherwise-intelligent consumer trying to shop for a mortgage.  This is someone earnestly trying to figure out t...

By Elyse Berman, PA, Boca Raton FL (561) 716-7824 CRS, ABR, GRI,ePR
(Best Connections Realty, Inc.)
Comments 2
Feeasy providing collateral-free loans up to $50,000 to clients of real estate agents and brokers, stagers, movers, interior decorators and more.   For more information please contact John Gianonne:  john@itsfeeasy.com or (914) 405-5506 or John Credaroli:  jac@itsfeeasy.com (914) 216-2668.  FULL ...

By Whitney Watson
(First Heritage Mortgage)
Comments 5
During my second year at the University of Virginia, I lived in the below house on 14th Street in Charlottesville with 11 other girls.  One average, we each paid $300/month in rent.  If our landlords’ monthly expenses were low (They weren’t putting much towards the upkeep of the property as you c...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
 Despite slowing economies across the globe, here in the states, economic data remains impressive. This morning, June Durable Orders came in better-then-expected rising 2% versus the 1% expected and up from the -1.3% reported in May. Weekly Initial Jobless Claims remain near 50-year lows falling ...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 1
Both Fannie Mae and Freddie Mac have made changes to their above mentioned programs. As of last week Fannie's HomeReady 3% down program has a maximum income of 80% of the area's Median income for ALL Census tracts. As of the End of this week Freddie's Home Possible will follow Fannie's lead as we...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Economic growth edged lower in the second quarter of 2019. The Bureau of Economic Analysis reported that Gross Domestic Product (GDP) in the second quarter of 2019 rose 2.1%, down from 3.1% in Q1. However, a surge in consumer and business spending pushed the Personal Consumption Expenditures inde...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed flat today at 102.28 having closed 215 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 Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: Q2 GDP rose 2.1%, which was higher than forecasts of 1.9%. The Final Q1 GDP was 3.1%. There were some good things out of this GDP, like the increase in Consumer Spending; however, the Businesses pulled back on their spending. This report, along with (overall) po...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 16 basis points today at 102.28 having closed 215 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 Englan...

By Mike Bjork
(CMG Financial)
Comments 1
http://MikesDailyMarketReport.com: The Weekly Jobless Claims dropped 10k this week to 206k people applying for Unemployment; other words, less people applying for Benefits, so it's an improvement. Also, Durable Goods Orders jumped up 2.0% in June, after it dropped 2.3% in May. Even after you remo...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
In the 32514 Pensacola Florida News: Freddie debuts remodeling loan for fixer-upper buyers The mortgage giant unveiled a pr32514 Pensacola Florida News: Freddie debuts remodeling loan for fixer-upper buyers ogram for current homeowners or buyers that allows them to roll the cost of remodeling and...

By Doug Dawes, Your Personal Realtor®
(Keller Williams Realty - Topsfield, MA)
Comments 8
...Refinance my home?My youngest son recently purchased a home in a neighboring State. He and Sarah are both very excited with the purchase and the home as they thought it may have taken quite a while before they could purchase. BUT, as life has a habit of doing, circumstances changed suddenly an...

By Phil Stevenson, CRMP, "Mortgage Nerd" in Miami, Florida and Texas
(PS Mortgage Lending 305-791-4874 or 888-845-6630)
Comments 2
Today I want to write about something serious, something that really upsets me. A friend of mine sent me an article(link), a friend and a financial advisor who understands reverse mortgages. The title of the article from USA Today reads:  “Seniors were sold sold a risk free retirement with revers...