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 George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 39
Fannie Mae will be coming out with Desktop Underwriter (DU) Version 10.0 the weekend of June 25, 2016.  DU Version 10.0 will begin to incorporate additional credit information in evaluating mortgage applications.  DU Version 10.0 will look at a snap shot of a Borrower's credit history by looking ...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY February 5, 2016, 7:50 AM PST    FEATURED LOAN FHA 203K Renovation Mortgage  Renovate Purchases and Refinances All You Need To Know About 203K  LOCK ADVISORY -  Click for current Lock Advice 1-14 Day Close:  LOCK 15-30 Day Close: FLOAT With Caution 31-45 Day C...
By Svetlana Marinkovic, SecurityNational Mortgage Company
(SecurityNational Mortgage Company)
Comments 0
Bank Partnership Program What is the Bank Partnership Program? SecurityNational Mortgage (SNMC) has developed a partnership program with local banks in order to help expand the home loan products available to their members. Who can participate? Banks that have a net worth of at least $10 million ...
By Svetlana Marinkovic, SecurityNational Mortgage Company
(SecurityNational Mortgage Company)
Comments 0
It’s about time we show you A REAL HERO Our “super powers” lie in the ability to help more of your clients with their mortgage needs. Time to suit up and join the good guys. Securitynational mortage is growing! See what we can do for you. Call today. Cell 602-326-4983 Cell 602-410-4340 jeff.thoma...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 17
“Preparation Will Go a Long Way”  Thank you for getting back to me, the city value is around 130,000 and we owe roughly 114,000. Our agent believes the house won't be on the market very long with all of the updates, once we finish our kitchen then we will be putting it on the market. We want to ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 30
“Like Sister Like Brother”   Hi my name is Kyle I'm a first time home buyer and I am interested in getting a mortgage. You did a mortgage for my sister last year, now it’s my turn. I will be using the same Realtor and home inspector that you previously referred to her. What are my next steps?  At...
By Svetlana Marinkovic, SecurityNational Mortgage Company
(SecurityNational Mortgage Company)
Comments 0
 Mortgage insurance increases again! Avoid getting crushed when buying a new home.   SNMC offers alternative loan options... Making buying a home as affordable as ever.  For a Free pre-approval, call or email today! Cell    480-233-3010 DylanJamesMTG@snmc.comFor more information visit: SecurtyNat...
By Svetlana Marinkovic, SecurityNational Mortgage Company
(SecurityNational Mortgage Company)
Comments 0
We’re not waiting around...Give your business a BOOST!Join a team that is growing despite today’s difficult ecomomic times. Get started, call today!Cell 480-233-3010DylanJamesMTG@snmc.comFor more information visit: SecurtyNational Mortgage Company DylanJamesMTG@snmc.comFor more information visit:...
By Erica Ramus, MRE, Schuylkill County PA Real Estate
(Erica Ramus - Ramus Realty Group - Pottsville, PA )
Comments 2
For our Schuylkill and Berks County buyers - pay attention to this up coming credit report change.  "DU Version 10.0 will look at a snap shot of a Borrower's credit history by looking at a Borrower's credit balances, and how well the Borrower has managed their accounts over a period of time.  Thi...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Commercial Bond Yields   CMB         GoC         Floating RateInsured Cost of Funds 5 Year - 1.17%Canada Housing 06/15/21 [-]       5 Year - 0.61%CAN 0.75 09/01/20 [-]       0.82% [-]                       10 Year - 1.98%*Canada Housing 9/15/26 [+0.14]       10 Year - 1.17%CAN 2.25 06/01/25 [+0....
By RE/MAX First Teresa Smith, Executive Broker
(RE/MAX First)
Comments 0
I've had buyers that have completed these steps to Home Ownership through NACA. Any experience with buyer assistance programs that agents would like to share? I copied their steps from their NACA website.  Step 1: Homebuyer Workshop                                          You must attend a Homeb...
By Bruce Reichstein, Mortgage Industry Professional - 3 Decades
(Mortgage Industry Professional, Westbound Bank Chairman)
Comments 1
When you are planning your home loan, there are many aspects to consider. The selling price of the home is only one of those aspect; borrowers will need to save money for closing costs, a home inspection, and make a monthly budget for the mortgage amount, plus taxes and insurance.Some of the plan...
By Mike Bjork
(American Pacific Mortgage)
Comments 0
http://MikesDailyMarketReport.com: Provides the mortgage interest rate trends and navigates through the current interest rates for home loans.  Mike Bjork provides this daily service by watching the interest rates in California by projecting his thoughts on the mortgage interest rates forecast.  ...
By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(Keller Williams Realty)
Comments 4
Though this post from George Souto is few months old, I do not believe there is much change in the facts.Now interest rates are still low, may be, you have a buyer who gets lucky if they know about this.Good Luck. On Monday I wrote a blog titled How Debt-To Income Ratio Are Calculated in which me...
By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 3 basis points today at 104.72 having once again remained above support offered at the 104.50 and now 15 basis points below resistance at the high of 4/30/2015.  While is less volatile times missing the expected umber  of jobs created by 37,000 would h...
By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
A sour jobs report showed the economy creating only 151,000 new jobs versus the 188,000 expected.  So how, you might ask, did cause the unemployment rate to go down below 5% to 4.9%?  Welcome to government statistics my friends.  Combine that with additional worry about the economy being able to ...
By Joyce Kelley, Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.
(Charles Stallions Real Estate Services Inc)
Comments 0
Gulf Breeze Real Estate 32561, 32563, Fannie, Freddie 3% loans not very popular Not many buyers take advantage of the low downpayment loans Fannie Mae and Freddie Mac debuted about a year ago - most still prefer FHA programs. Read more.  Buyers are taking advantage of our Smooth Move Program at ...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 31
On Monday I wrote a blog titled How Debt-To Income Ratio Are Calculated in which members asked for some further clarification on what are the Debt-To-Income Ratios For The Major Loan Programs?  So I thought it would be good to write a separate blog to answer those questions in depth.With the crea...
By Wayne L. Brown
(Academy Mortgage Corporation)
Comments 2
Forum I know that this is brief, but just wanted to get this out before the Thanksgiving holiday is upon us. It was announced and published today that the new Conforming Limits were published.  This announcement came from Mortgage New Daily.  See below: It was announced today that Loan Limits for...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY February 4, 2016, 7:30 AM PST    FEATURED LOAN FHA 203K Renovation Mortgage  Renovate Purchases and Refinances All You Need To Know About 203K  LOCK ADVISORY -  Click for current Lock Advice 1-14 Day Close:  LOCK 15-30 Day Close: FLOAT With Caution 31-45 Day C...