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 46
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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 28
“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 Wayne Martin, Real Estate Broker
(Wayne M Martin LLC)
Comments 12
Trivia questions for Saturday February 6, 2016 1. What continent includes Iran?  Asia  2. What athlete has a part in the movie "Spaceball"?  Merlen Olsen  3. In what year was the "Star Spangled Banner" designated the U.S. National Anthem?  1931  Trivia quesstions for Sunday February 7, 2016 1. Wh...
The expression “sometimes you are the bug and sometimes you are the windshield” came from a home stager that I worked with on a renovation home. She did a beautiful job staging the home with incredible furnishings, etc, and when the home sold, the buyers did not purchase a single item from her. W...
By Svetlana Marinkovic, SecurityNational Mortgage Company
(SecurityNational Mortgage Company)
Comments 0
It’s time you...kiss your landlord goodbye Your timing couldn’t be better-historically low interest rates PLUS rock-bottom home prices means... YOU COULD OWN A HOME FOR AS MUCH AS YOU PAY IN RENT! • AVAILABLE FIRST-TIME BUYER DOWN PAYMENT ASSISTANCE • ZERO-DOWN LOAN OPTIONS • CREDIT PROBLEMS OK C...
By Jeffrey Masich, Arizona Homes and Land to Sell or Purchase
(HomeSmart in Scottsdale, Arizona)
Comments 0
Repair issues with a home with an FHA loan? Good news! There are some updated guidelines in place. Per Tyson Barry of Academy Mortgage, "The FHA Escrow Holdback guidelines have recently been updated. Escrow holdbacks are used to hold funds in an escrow account until repairs can be completed. This...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
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 2.30%
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 27
“A Proactive Home Buyer makes All the Difference”  Excellent! Thank you. 😎 Joe, the home inspection went very well, have the bid for the renovations, looks like we are ahead of schedule, do you think we will be closing earlier than you think?  I do a lot of coaching to make sure all my clients a...
By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
Comments 2
 Market Minutes Ending For The Week Of February 05, 2016  Consumer spending was flat in December, and savings was at a 3-year high, contributing to low inflation. Disinflation supports low mortgage interest rates. Oil prices have appeared to stabilize, but equity and bond markets are still very v...
By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
Pensacola Home Source 32503, 32504, 32514, Fed interest rate hikes affect more than mortgagesFinancial market changes affect many things in real estate, from demand to affordability. As a result, recent Fed interest rate hikes can be both good and bad. Read more. Helpful Links Sign up for our Mon...
Ways to not let that happen to you........      Keep paying your bills – keeping your current mortgage up to date and paying those credit card and car payments on time is imperative. Lenders will check your credit again just before closing, and this could possibly ding your credit making you inel...
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, Specialty loans help repeat buyers make the move Fannie Mae: The percentage of repeat homebuyers fell 40% between 2002 and 2014, but several loans such as HomeReady and HomeStyle Renovation could help. Read more.  Buyers are taking advantage of our Smooth Mo...
By Svetlana Marinkovic, SecurityNational Mortgage Company
(SecurityNational Mortgage Company)
Comments 0
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 svetlanam@snmc.comFor more information visit: SecurityNational Mortg...
By Svetlana Marinkovic, SecurityNational Mortgage Company
(SecurityNational Mortgage Company)
Comments 0
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.comFor more information visit: SecurityNational Mortgage Company
By Svetlana Marinkovic, SecurityNational Mortgage Company
(SecurityNational Mortgage Company)
Comments 0
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 and at least three years’...
By Svetlana Marinkovic, SecurityNational Mortgage Company
(SecurityNational Mortgage Company)
Comments 0
We routinely fund loans for buyers that other lenders fail to close. If you haven’t started working with us yet, your clients would like you to start. Call today: Cell 602-421-4300 Cappy.Capozzoli@snmc.comFor more information visit: SecurityNational Mortgage Company
By Nikitas Kouimanis, The Mortgage EXPERT
(United Northern Mortgage Bankers )
Comments 0
Is your real estate loan type covered by the new TRID regulations? This video will tell you.  
By Gloria Todor, & Doug Durren (484) 431-3686
(Century 21 Absolute Realty )
Comments 5
Are you thinking of buying a home later this year and will need to get a mortgage?Well take a moment to read this post from George Souto.  Things will be changing on Credit Reports and it is important for potential buyers to understand what lenders will be looking for when an application is made ...
By Michael J. Perry, Lancaster Relo Specialist
Comments 3
     Most Sellers are coached to prepare their home for the buyers eyes. Staging is often used to helpreceive offers reflecting TOP DOLLAR for the property . But another important party you'll want toimpress is the person appraising your home ! Active Rain blogger Jackie has put together a must r...
By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(Keller Williams Realty)
Comments 15
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...