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 39
Are Your Blogs Being Read?”  Have been reading your blogs for a number of years and it is now time for us to relocate to Connecticut to be closer to my in - laws who are getting older in age and need family near. Me and my family are originally from Connecticut and I have been involved in Real Es...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 19
“Getting Clients Out of Hard Money Loans?” Good morning Joe,                      Christopher XXXXXXX opened up a business account with our bank over the weekend and when I spoke with him today he said he has a loan with a hard money lender. I told him I hate to hear that from anyone and try to h...
By John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 17
I Did Something I NEVER Do       The market took a wild ride this week, brought us the lowest rates we've seen in quite a while (which inspired this blog), made the phone ring a few more times than usual, and opened the door for a few previous clients to knock PMI right off their loans (Winning!)...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 35
“Take Every Opportunity to Give Out Your Business Cards”    I read your blogs all the time on FB. We actually met a couple of years ago when we were waiting in line at motor vehicle, any way you gave me your card. I googled your name and liked what I was reading.  I'm ready to buy and just need ...
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 Bruce Reichstein, Mortgage Industry Professional - 3 Decades
(Mortgage Industry Professional, Westbound Bank Chairman)
Comments 12
One common question asked by some about the FHA single-family home loan program is whether an FHA mortgage can be used to purchase an RV-type mobile home or a houseboat.The answer in both cases is no because a house boat or recreational vehicle/RV motor home cannot be affixed to a permanent found...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 23
“Size Doesn’t Matter in Situations like This”   Even though I am only doing a $60,000 mortgage for these clients and lowered their overall monthly obligations by $253 per month, to them it felt like a million. This refinance was enough to give them $12,000 to do some home improvements.  It won’t ...
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 - 1.15%Canada Housing 06/15/21 [+0.08]       5 Year - 0.55%CAN 0.75 09/01/20 [+0.09]       0.82% [-]                       10 Year - 1.94%*Canada Housing 9/15/26 [+0.11]       10 Year - 1.07%CAN 2.25 06/01...
By Bill Ladewig, Experience Is Your Advantage
Comments 2
MORTGAGE INTEREST RATE LOCK ADVISORY February 12, 2016, 8:00 AM PST    FEATURED LOAN FHA 203K Renovation Mortgage  Renovate and Purchases or Refinance with one loan. 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 C...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 28
“Buyers Searching for Homes, Right Now”  So often I hear homeowners say that they are going to wait until spring to list their homes and yet there are many prospective buyers searching right now.  I have a couple dozen pre-qualifications issued right now. Most will already have homes on deposit ...
By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 25 basis points today at 104.66 having fallen through and closed below support which had been offered at the 104.87 level.  We have been watching for weeks as MBS bonds remained in the rarefied air not seen since April of last year.  Savvy borrowers wo...
By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Retail sales were in line in January and the December number were increased by .3%.  The big mover today, however, was an increase in crude oil prices after having hit a 13 year low earlier this week.  This positive infusion created a frenzy of trader swooping  up bargains as the Dow Jones Indust...
By Svetlana Marinkovic, SecurityNational Mortgage Company
(SecurityNational Mortgage Company)
Comments 1
Tired of Waiting to Close? You deserve a lender that can close your loan in weeks, not months! Don’t sit in the dark, hoping for progress. Let’s all live in a world of smooth transactions. Cell 602-410-4340 jeff.thomas@snmc.com For more information visit: SecurtyNational Mortgage Company jeff.tho...
By Marianne Bandy, CRS, GRI, Certified Negotiation Specialist
(Parker Homes - The Bandy Team - Keller Williams Park Meadows)
Comments 0
Owning a home provides many tax benefits -from the time you purchase up to the time you decide to sell it. The second biggest expense for homeowners, after the mortgage, is usually property taxes. Here are some ways to boost your tax savings by taking advantage of these homeowner tax deductions. ...
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 yanni raz
(hml investments)
Comments 0
Lending has ground to a halt – anyone who has followed the financial sector over the last decade can attest to that fact. However, there are still property investors that continue to acquire assets. What is surprising is that many don’t realize that these property investors are not using their ow...
By Scott Lawson, Mortgage Broker FHA, VA, refinance or purchase
(America's Home loans - Santa Rosa, Petaluma Mortgage Broker)
Comments 1
A quick heads-up for our community. I'm seeing a sudden and somewhat forceful trend among potential buyers out there. Many companies are in the process of, or recently have, switched their employees from W2 to independent contractor status (1099). A borrower who has just been switched like this w...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 2
Terms Posted Rates Preferred Rates 6 MONTHS 3.14% 3.10% 1 YEAR 2.89% 2.29% 2 YEARS 2.84% 2.24% 3 YEARS 3.39% 2.34% 4 YEARS 3.89% 2.54% 5 YEARS 4.64% 2.74% 7 YEARS 5.30% 3.44% 10 YEARS 6.10% 3.84% Rates are subject to change without notice. OAC E&OE  Prime Rate 2.70% 5 yr variable 2.35%  
By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
Global markets plummeted today pondering global growth, commodities pricing and deflation.  Crude oil futures hit a 13 year low during the trading session.  Jeffrey Gundlach, the founder of Doubleline Capital, confirmed today that negative interest rates are not a good thing for the economy or fo...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY February 11, 2016, 7:45 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:  FLOAT With Caution 15-30 Day Close: FLOAT With Caut...