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 31
“Love Reading Comments about Overheated Real Estate      Markets”   What the heck does that even mean? Each and every market is an island all to itself, but any market that has a strong demand for houses means the employment rate in that state is usually very low.  I keep reading about the possib...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY July 6 2015, 8:00 AM PST  Click for Continuously Updated Lock Advice   LOCK ADVISORY 1-7 Day Close: FLOAT With Caution 8-14 Day Close: LOCK 15-30 Day Close: LOCK MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 7-2-15: 4.08% - Up 0.06 point Rate P...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 30
                                   “The Extra Work was Well Worth the Result” Divorces can be nasty. This transaction was one step beyond. When these two women got married they believed it was forever as most people do, two children and a home and then things started to hit the fan.  When I spoke...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 42
“I Want to Grow My Business” If you are going to ask my advice about growing your business and I share some ideas, then why do nothing? I just don’t get it.  I am a big proponent of blogging and social media so when I am asked about how someone can grow their business, blogging is something that ...
By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 14
I track everything having to do with my business, most importantly, where all my referrals come from. “My Referral Tree of Life”   I track everything having to do with my business, most importantly, where all my referrals come from. I have set up an Excel spread sheet, if someone is referred they...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 1
We've been digging infographics lately and thought you should see this one called, What You Need to Know about First Time Home Buyers.  It's a great graphic that tells you how your first time home buyers act and react and there's nothing better than knowing your client inside and out!
By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(Keller Williams Realty)
Comments 9
We all want to do that, correct?We want to grow our business.However, do we do what it takes to do it?(As simple as Blogging on ActiveRain - as stated by Joe Petrowsky in this re-blog!) “I Want to Grow My Business”   If you are going to ask my advice about growing your business and I share some i...
By Jennifer Provencio, The Reverse Mortgage Speciailist
(Fresno-Clovis-Visalia-Hanford-Tulare-Merced-Stockton-Modesto-Madera-San Luis Obispo-Bakersfield)
Comments 1
What a great article by Joe Petrowsky ! Blogging is easy but time consuming. Imagine if we all took care of this client like Joe does!! Let's do it!! “I Want to Grow My Business”   If you are going to ask my advice about growing your business and I share some ideas, then why do nothing? I just do...
By Captain Wayne - Rowlett Real Estate School, Rowlett Real Estate School / Owner and Instructor
(REcampus Fully Accredited Florida ONLINE & Classroom Training in Destin, Pensacola Florida)
Comments 0
There are two parties to a mortgage: (1) the mortgagor, or borrower (debtor), (2) the mortgagee, or lender (creditor). The mortgagor owns the property, and the mortgagee owns the mortgage. A mortgage is regarded as an investment or chattel (personal property) by the mortgagee and, like other such...
By Matt Brady, Lending With Competence And Character
(Pending)
Comments 0
If you’re confused by how people in the mortgage industry get paid, don’t feel bad. Chances are high that out of five random people asked this very question, one or none would get the answer right.It’s complicated. We apologize. You deserve an explanation of how it all works - minus the annoying ...
By Nevin Williams, Raleigh Mortgage Pro
(Sierra Pacific Mortgage Raleigh)
Comments 0
VA Mortgage Loans in Raleigh If you’re seeking a lender who offers VA loans in Raleigh you’ve come to the right place!  We offer VA mortgage loans. A VA (Veterans Administration) guaranteed home loan is a benefit for eligible active duty, non-active, Reserve, National Guard, and retired military ...
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 Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
  TERM POSTED Preferred RATES* 6 month 3.14% 3.1% 1 year 2.89% 2.29% 2 year 2.84% 2.19% 3 year 3.39% 2.25% 4 year 3.89% 2.54% 5 year 4.64% 2.54% 7 year 5.3% 3.44% 10 year 6.75% 3.84% Variable 2.1% Prime 2.85% BenchMark 4.64% Cost per $1,000 $4.50 * Cost per $1000 based on 5yr fixed term rate comp...
By Olga Simoncelli, Broker/Owner Veritas Prime Candlewood Lake Area CT
(Veritas Prime, LLC)
Comments 6
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 Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(Keller Williams Realty)
Comments 5
Sometimes, we send the message to someone who should not read it! However, when you receive such an 'unwanted' reply by mistake, what will you do?Please do as what Joe Petrowsky did! I just love the way he handled this!Build one more relationship! “Reply ALL, by Mistake”   I was included in a “Re...
By zeta cross, Getting Greener Makes Your home worth more!
(Smart Green Realty)
Comments 1
 Settlement is supposed to be a week from today. As a result of the building inspection, my buyers got a $500 credit toward their closing costs. I put that in an addendum. Last week seller's agent was out of town on vacation. I just got the signed addendum agreeing to the $500 credit back yesterd...
By Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 0
So maybe it's time you also take a look at what we have to offer.   Tradelines, Credit cards, LoansCredit Restoration From Credit Restoration, to tradelines, to securing your retirement, or setting up emergency  and planning savings accounts, or learning how to earn passive income. we can help wi...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Term Posted Rates Preferred Rates*  1 Year   3.29%  2.29%   2 Year   3.09%   2.19%   3 Year   3.39%  2.34%  4 Year   3.89%   2.54%  5 Year   4.49%  2.54%    7 Year   5.29%   3.39%   10 Year  5.79%    3.84%    Prime Rate: 2.85%  Variable Rate: 2.15%  
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 50
As much as I warn Borrowers about protecting their credit when they are going through a divorce, most of the time I still end up having to help them fix their credit after the divorce.   Divorce Can Create Credit Issues which make it difficult for both spouses during and after a divorce.  One of ...
By Lise Howe, Assoc. Broker and Attorney Licensed in DC, MD, VA,
(Keller Williams Capital Properties)
Comments 8
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...