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 David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
Conventional 30 year Mortgage: 4.25%Credit score:740LTV:95%Loan Amount:$300kAPR: 4.58%FHA 30 year: 4.25%Credit Score:740LTV:96.5%loan amount:$300kAPR:5.30%Conventional 15 year: 3.625%Credit score:740LTV:95%Loan Amount:$300kAPR:3.76% Rates are Subject to ChangeCall me today if you are thinking of ...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 3
         Many buyers in our local market have sizable Student Debt . When asking what impact they might have on my ability to buy a home , there appears to be much confusion ! This blog post will clear up all of your questions ! When getting a mortgage many items are taken into account. These ite...

By Danny Papadopoulos, Offering Private & Second Mortgages in Toronto
(Homebase Mortgages)
Comments 1
If you’re a homeowner, the thought of getting a second mortgage may have crossed your mind from time to time; more so that when used wisely, second mortgages can help you buy a new property, consolidate old loans, or even start a new business. There is no doubt that a second mortgage can be great...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 11
“Guilty?”  A defendant was on trial for murder. There was strong evidence indicating guilt, but there was no corpse. In the defense's closing statement the lawyer, knowing that his client would probably be convicted, resorted to a trick. "Ladies and gentlemen of the jury, I have a surprise for yo...

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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 10
“Do Your Magic!” Craig, my plow guy at my investment properties and his wife are going to give you a call. They had trouble last time they tried to buy a house, they’re discouraged. Do your magic!You’re the best. Tiffany I wish it was always that simple, unfortunately every situation is unique an...

By Donna Jarock, The Realtor that Delivers you Home
(MB The Brian Petrelli Team)
Comments 0
 If you have ever looked at your Colorado home’s mortgage balance and thought, “Yikes! That’s a lot of money!” you’re not alone. Such a gulp-inducing moment can be triggered by listening to one of the celebrated financial gurus explaining personal finance. Much of the latest financial wisdom is a...

By Brett Everett, High leverage, low cost, private money lending
(Peer-to-Peer Trust Deeds)
Comments 1
In our mortgage business, we primarily originate hard money / private money first trust deeds.  However, each month, we will fund a private money second trust deed with terms as short as 12-months to as long as twenty years.  This second trust deed for a Bay Area real estate investor came with a ...

By Ted Spradlin, Private Money Lending In CA, OR, & WA
(First Capital Trust Deeds dba First Capital Funding, Inc)
Comments 0
On my company's website, www.p2ptrustdeeds.com, I've written about nearly 250 Previously Funded Loans that my partner and I have closed over the past few years.  Since we primarily focus on hard money / private money lending in California, Oregon, and Washington, these posts give people a good id...

By Wayne Martin, Real Estate Broker
(Wayne M Martin)
Comments 15
After following Michael's blog for some time and commenting daily it was time to pick up the phone and speak with him one on one. If you think his daily posts are full of quality information, it explodes further when speaking to him in person.After discussing the market, we began to explore commo...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 9
I read this post about appraisals by George Souto the other day and thought I would share it with a re-blog.  I was not aware of a lot of this information and it may just come in handy knowing this for the future:  Appraisals play a huge role in obtaining financing for a property.  Therefore, eve...

By Ron Tissier, Buckhead-Atlanta Lux Real Estate Marketing Pro
(DiscoverAtlantaLuxuryHomes.com)
Comments 6
Within just an hour of swearing in as the new president, Donald Trump signed paperwork to stop mortgage fee cuts recently put into action by former president Obama.The swift action had many citizens worried about the increased costs of purchasing a home. Some people fear that many younger and fir...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
After having the day off yesterday in observation of President's Day, equity traders seemed energized today as they went right back to pushing stocks to record highs once again.  Wrap that up with a bevy of burgeoning earnings reports and beleaguered bulls stampeded in a hasty retreat.  Filed und...

By Mike Bjork
(American Pacific Mortgage)
Comments 2
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 Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 9 basis points today at 102.16 having fallen through support offered by the 50 and 25 day moving averages prior to closing just one point below the 25 day and above the 50 day moving average. The 30 year rate was at 4.25% today. If you have a rate of 5...

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 2.99% 2.44% Fixed 2 Year 2.84% 2.14% Fixed 3 Year 3.39% 2.34% Fixed 4 Year 3.89% 2.59% Fixed 5 Year 4.64% 2.59% Fixed 7 Year 5.30% 3.44% Fixed 10 Year 6.10% 3.84% Variable Rate 2.10% Prime Rate 2.70% Benchmark Rate 4.64% Cost p...

By Bruce Reichstein, Mortgage Industry Professional - 3 Decades
(Online FHA Mortgage Leads for Best-of-Breed Lenders)
Comments 3
A reader asked a question recently about high voltage transmission lines and the FHA loan rules that address them in relation to the property to be purchased with an FHA mortgage."I am looking to find info regarding High Voltage Transmission Lines. I know that in 4150.2 that it clearly states tha...

By Bruce Reichstein, Mortgage Industry Professional - 3 Decades
(Online FHA Mortgage Leads for Best-of-Breed Lenders)
Comments 2
The government's consumer protection agency, The Consumer Financial Protection Bureau (CFPB), has a page on its official site explaining the differences between a fixed rate mortgage loan and an adjustable rate mortgages, sometimes known as ARM loans.According to the CFPB, "The difference between...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 3
Making Recommendations, Even When Your Client Doesn’t Want One I love the stories that Joe Petrowsky shares in his blogs. In this case, Joe shares information on how a transaction was saved by providing a cost saving referral. Please go to the original blog if you wish to leave comments. “Making ...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 12
I had a conversation with one of my favorite ActiveRain members Lynn B. Friedman a couple of weeks ago, and Lynn suggested I write a blog about what is The Biggest Delay In Processing A Mortgage Today.  I have written blogs about this in the past, but this is a topic which needs to be written ab...