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 34
“I was asked if I’m considered a Mom & Pop Shop”  I have been asked a lot of questions about my business, but never if I am considered a mom and pop shop. Yes, of course I am a mom and pop shop, but I decided to have a little fun with the gal that asked me the question. I asked her, “What do I ha...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY August 4, 2015, 8:15 AM PST  Click for 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: 7-30-15: 3.98% - Down 0.06 point Rate Price Based on 3% MBS ...
By Randy Shamburger, FHA, VA, USDA and Conventional Mortgage Expert
(Movement Mortgage)
Comments 0
Economic News in Review Greenville SCHere is last week’s Economic News in Review Greenville SC. Orders for durable goods increased, while two consumer outlook indexes saw slight dips, and lay offs ticked up from historic lows, but remained in comfortable territory.  Durable Goods Orders  Orders f...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 16
There has been much speculation on whether the Federal Open Market Committee (FOMC) will raise the interest rate banks borrow at or not.  Most of the year it was believed the Federal Reserve would raise the interest rate in the 3rd or 4th quarter of this year.  Well this week the FOMC Announced I...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 32
   “Say It Isn’t So” I read an article the other day that there will be less and less need for loan officers in the future. I wonder if the person that wrote the article owns a home or will ever want to purchase one?  I do see less loan officers getting into the mortgage business, but I’m not sur...
By Jennifer Provencio, The Reverse Mortgage Speciailist
(Fresno-Clovis-Visalia-Hanford-Tulare-Merced-Stockton-Modesto-Madera-San Luis Obispo-Bakersfield)
Comments 3
Many times when people hear the phrase mortgage insurance premium they automatically think its for people who are not putting down a big enough chunk of cash or if they are refinancing they don’t have enough equity. While this is certainly true in the traditional world, in the reverse mortgage wo...
By Richard Zaretsky, Florida Real Estate Attorney
(THE ZARETSKY LAW GROUP - Board Certified Real Estate Atty and AUTOMATED LAND TITLE COMPANY)
Comments 3
The magic wand of quieting the title to eliminate your mortgage on your Florida property has had a wild if not consistent ride – downhill.  Whether being free of your mortgage is fact or fantasy, reality or hype, or just plain magic will soon be decided by the Florida Supreme Court.  In the early...
By Carol Judd, Vernal Utah Real Estate
(Patriot Real Estate)
Comments 2
Not a new possibility for investing but new to many investors  is the ability to  use an IRA fund as the Investment Tool for Real Estate.  Using a Self Directed IRA for Real Estate expands your possibilities and probably your investment income for retirement.Earning more from appreciation and ren...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 36
A frequent question I often get, especially in the more rural areas of Connecticut is Are Well And Septic Inspections Automatically Required For A Mortgage?  The quick and short answer is NO, Well & Sept inspections are not automatically required for a mortgage.  But that does not mean a Lender w...
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 23
Good Job HUD (Told ya So!)       Back in 2014, I was pretty hard on HUD in regard to the FHA loan program.  Annual PMI premiums at the time were 1.35% (a ripoff) and I felt it necessary to voice my opinion on the topic more than a few times.  In October, I wrote a mathematically driven blog about...
By Eric Boucher, The FHA/VA Condo Project Approval Guy
(ReadySetLoan Condo Team LLC)
Comments 4
In case anyone missed John's super article about FHA's loan volume, delinquency rate and monthly mortgage insurance.  The article is too good to not pass along. Good Job HUD (Told ya So!)          Back in 2014, I was pretty hard on HUD in regard to the FHA loan program.  Annual PMI premiums at th...
By Jeff Jensen
Comments 0
With the jobs report scheduled for this Friday stocks were a little wobbly.  Fed Speaker Lockhart said today that it would take a serious deterioration in the economy to avoid a rate hike in September.  If we listen to Janet Yellen, however, inflation is still far from the 2% target and the emplo...
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
Terms Posted Rates Our Rates 6 MONTHS 3.14% 3.10% 1 YEAR 2.89% 2.29% 2 YEARS 2.84% 2.19% 3 YEARS 3.39% 2.34% 3 YEARS 3.39% 2.34%    Prime Rate 2.70% 5 yr variable 2.20%
By Jennifer Provencio, The Reverse Mortgage Speciailist
(Fresno-Clovis-Visalia-Hanford-Tulare-Merced-Stockton-Modesto-Madera-San Luis Obispo-Bakersfield)
Comments 1
Reverse Mortgage Counseling is a requirement for all seniors seeking to obtain a reverse mortgage. Many seniors know they want a reverse mortgage and become frustrated when they are told they have this requirement before they can proceed.   The reverse mortgage is guaranteed by the Federal Housin...
By Bill Kamboukos
(Strategic Mortgage)
Comments 0
When it comes to purchasing a new home, after the short sale of another home, there are generally standard waiting periods for each of the major home loan programs. In this article we discuss common waiting periods to purchase a new home after a previous short sale.   FHA Loans – On an FHA loan ...
By Bill Kamboukos
(Strategic Mortgage)
Comments 0
When it comes to purchasing a new home, after the foreclosure of another home, there are generally standard waiting periods for each of the major home loan programs. In this article we discuss common waiting periods to purchase a new home after a previous foreclosure.   FHA Loans – On an FHA loa...
By Sharon Sigman, Sharon Sigman
(RE/MAX )
Comments 0
These days it is not unusual for people to hold their real estate and other assets in a trust. Regrettably, it is also not unusual for many of the same people to neglect to actually place their assets into that trust. This can happen when one acquires a new parcel of real estate. For example, the...
By Jeff Jensen
Comments 0
Mortgage backed securities (MBS) closed down 44 basis points today at 103.44 having fallen through support offered at the 103.68 level and closed below it.  This does not portend well for MBS bonds with traders already skittish in advance of this Friday's Jobs Report.  As we thought bonds had rea...
By yanni raz
(hml investments)
Comments 0
The State of  Stated Income Commercial Loans While stated income loans have received a bad reputation after the 2008 financial, stated income commercial loans played a lesser role in the carnage associated with the housing market crash. Today, government legislation and regulation has made it tou...