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 28
                                   “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 41
“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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 17
“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 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 Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(Keller Williams Realty)
Comments 5
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 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 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 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 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...
By Jenna Dixon, Assoc Broker - Let's Talk Cobb County Real Estate
(DRA Homes | Cobb County Real Estate )
Comments 3
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 JOE RYSTROM & TEAM, Real Estate Professionals
Comments 3
 10 rules after you're pre-approvedCongratulations, you have been pre-approved, after providing reams of tax and other financial documents to your mortgage professional. Now to maintain your pre-approval... We explain to our clients during the buyer's consultation, and during home buyers seminars...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 61
“Reply ALL, by Mistake”  I was included in a “Reply All” email. My client asked me to send a copy of her Pre-Qualification letter to her Realtor as well as to herself.  The Realtor forgot to take me out of the email and let my client know that she didn’t like doing business with a mortgage person...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 28
  “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 Paul Antonelli, Broker Owner ; Antonelli Realty
(ANTONELLI Realty)
Comments 0
If you enjoyed reading the post please give it a LIKE, every little bit helps. Thank You.This week’s labor numbers were OK. First-time claims for unemployment remain very low at 281,000, Employment growth is solid averaging 208,000/month YTD, and Unemployment is just 5.3% with full employment les...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 14
  “It is Never Easy with No Agents” It becomes complicated when there are issues with the home inspection, the appraisal and the attorneys don’t get along. Yup, all these issues were part of this transaction.  Buyer and seller knew each other. The buyer had already been living in the property for...
By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(Keller Williams Realty)
Comments 7
When I meet my client, I tell them - now you are my responsibility and I need your cooperation (in either finding the house or selling the house!)And the same sentiments I see in this post from my friend Joe Petrowsky.     “The Responsibility of, I TRUST JOE”   I learned the word trust and what i...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 34
“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 are referred by someone and most likely I already have them in my system, if I don’t I start out with a...
By yanni raz
(hml investments)
Comments 0
Finding a Commercial Private Lender In beginning your search for a commercial private lender to finance your commercial mortgage, it is important that the borrower be judicious in his or her approach. Practice prudence when finding a commercial private lender. With the commercial real estate mark...