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 Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY July 2 2015, 8:00 AM PST  Click for Continuously Updated Lock Advice   LOCK ADVISORY 1-7 Day Close: LOCK This Afternoon 8-14 Day Close: LOCK 15-30 Day Close: LOCK MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 6-25-15: 4.08% - Up 0.06 point Rate...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 17
  “Too Much Negotiation Can Be a Problem” A hand full of my clients that I have done pre-qualification letters for are all currently negotiating for homes and three of the five are in multiple bid situations. I have advised all to make the strongest possible offer, otherwise risk not getting the ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 13
  “Some First Time Home Buyers Listen to the Wrong Advice” I will follow up on clients that I have done a pre-qualification for and haven’t heard from in 60 days after issuing the pre-qual letter: 1)      Do we need to make any adjustments? 2)      Have they stopped searching for a home? 3)      ...
By Olga Simoncelli, Broker/Owner Veritas Prime Candlewood Lake Area CT
(Veritas Prime, LLC)
Comments 4
Interest Rate Conundrum - Fed Watchers on Red Alert   Most consumers, particularly in the real estate market, view interest rates in terms of relative ease of buying a home, for indeed each 1% drop in the rate on a mortgage can translate to reduced monthly costs, making a home purchase more affor...
By Lise Howe, Assoc. Broker and Attorney Licensed in DC, MD, VA,
(Keller Williams Capital Properties)
Comments 2
Working with a couple going through a divorce can be nearly as emotionally wrenching for the realtor as the clients involved. This blog by George Souto is a great one to bookmark and share with those clients, so that at least one aspect of the process - the impact to their credit - can be minimiz...
By Jack Tenold, NMLS 10261 Reverse Mortgage Specialist Washington | Oregon | California - refinance & purchase, Reverse Mortgage Specialist
(First Priority Financial NMLS 3257 )
Comments 0
Choosing a Reverse Mortgage Specialist Serving the Sacramento area If you are looking for ways to unlock the equity in your home and re-position those assets for your immediate and future benefit, you need to work with a Reverse Mortgage Specialst.  Someone who is knowledgeable and experienced an...
One of the more common methods that home loan applicants use to find the best loan program available is to compare interest rates, but choosing the lowest rate possible is not always the best option available. In fact, in some cases, it may be one of the least advantageous options when all factor...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Terms The Bank Preferred Rates 1 Year 3.14% 2.79% 2 Years 3.14% 2.34% 3 Years 3.80% 2.49% 4 Years 4.54% 2.59% 5 Years 4.84% 2.69% 7 Years 5.30% 3.39% 10 Years 6.10% 3.89% VIRM 2.85% 2.20% The prime rate is 2.85%
By yanni raz
(hml investments)
Comments 0
Commercial Lenders The climate of today's commercial real estate market is sweltering. In this post market crash decade of reemerging growth, there has been an influx of private money looking for a return. Commercial real estate represents a viable investment opportunity for private investors to ...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY July 1 2015, 7:45 AM PST  Click for Continuously Updated Lock Advice   LOCK ADVISORY 1-7 Day Close: LOCK  8-14 Day Close: LOCK 15-30 Day Close: LOCK MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 6-25-15: 4.02% - Up 0.02 point Rate Price Based o...
By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
Conventional 30 year Mortgage: 4.375%Credit score:740LTV:80%Loan Amount:$200kAPR: 4.62%FHA 30 year: 4.25%Credit Score:740LTV:96.5%loan amount:$200kAPR:5.32%Conventional 15 year:3.625%Credit score:740LTV:80%Loan Amount:$200kAPR:3.72% Rates are Subject to ChangeCall me today if you are thinking of ...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 24
It is not uncommon for a Borrower to be surprised by the amount of the Monthly Mortgage Payment  on a property they want to purchase.  This is because many Borrowers go online and try to calculate the monthly mortgage payment on their own by using an Online Mortgage Calculator.  Online Mortgage C...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 38
“But I was Preapproved” We hear this kind of story too many times, but why and why does it keep happening?  I understand how frustrating it can be when someone gets turned down for a mortgage when they have already received a preapproval. But this prospective home buyer should never have been pre...
By Jennifer Provencio, The Reverse Mortgage Speciailist
(Fresno-Clovis-Visalia-Hanford-Tulare-Merced-Stockton-Modesto-Madera-San Luis Obispo-Bakersfield)
Comments 1
One of the questions asked most frequently by seniors getting a reverse mortgage is,"How Much Money Can I Get From My Reverse Mortgage?"Many seniors believe that they will get a large check each month or even a large line of credit equal to the amount of their home.The rule of thumb is 50%.  Most...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 43
“Realtor in her 80’s”  I asked Carmen how she is doing so much business into her 80’s when many want to call it quits. She referred three mortgage clients last week and already sent another today. They aren’t always the easiest transactions, but it doesn’t matter to me. I’ve learned when she has ...
By Tim Carroll, Branch Manager at CMG Financial
(CMG Financial)
Comments 2
Climbing Rent June 30, 2015If you haven’t jumped into the housing market yet, you have probably noticed that over the past few years, rent in many areas has skyrocketed. If you live near a major city or a booming metropolis (yes, we are looking at you Silicon Valley), then chances are you are no ...
By Jenna Dixon, Assoc Broker - Let's Talk Cobb County Real Estate
(DRA Homes | Cobb County Real Estate )
Comments 2
Trusted, experienced and knowledgeable mortgage professional, George Souto removes the mystery surrounding the monthly mortgage payment.  While online mortgage calculators can be useful, understanding the components of a monthly mortgage payment will help make them more accurate for the consumer....
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.  ...
Stocks stabilized after yesterday's maniacal plummet in reaction to the refusal by the IMF and the European Central Bank's refusal to allow the Greek Prime Minister's dizzying call for a referendum this Friday regarding a deadline that was today.  There appears to be some room for accommodation a...
By Jeff Jensen
Comments 1
Stocks recovered somewhat from Monday's overwhelmingly down session.  trader's seem confident going into tomorrow' jobs report.  The report, which is usually released on a Friday, is being released a day early because all market will be closed Friday in observation of Independence Day.  Despite c...