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 Bruce Reichstein, Mortgage Industry Professional - 3 Decades
(Online FHA Mortgage Leads for Best-of-Breed Lenders)
Comments 3
A reader asked a question recently about high voltage transmission lines and the FHA loan rules that address them in relation to the property to be purchased with an FHA mortgage."I am looking to find info regarding High Voltage Transmission Lines. I know that in 4150.2 that it clearly states tha...

By Bruce Reichstein, Mortgage Industry Professional - 3 Decades
(Online FHA Mortgage Leads for Best-of-Breed Lenders)
Comments 2
The government's consumer protection agency, The Consumer Financial Protection Bureau (CFPB), has a page on its official site explaining the differences between a fixed rate mortgage loan and an adjustable rate mortgages, sometimes known as ARM loans.According to the CFPB, "The difference between...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 12
I had a conversation with one of my favorite ActiveRain members Lynn B. Friedman a couple of weeks ago, and Lynn suggested I write a blog about what is The Biggest Delay In Processing A Mortgage Today.  I have written blogs about this in the past, but this is a topic which needs to be written ab...

By Georgie Hunter R(S) 58089, Maui Real Estate sales and lifestyle info
(Hawai'i Life Real Estate Brokers)
Comments 0
Maui County property taxes are due on Feb 20 and Aug 20Just a reminder that poperty taxes are billed twice a year here on Maui, with February 20 and August 20 being the due dates.  If you have a mortgage it will probably be rolled into your monthly payment.  If not, you should already have the bi...

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 3.04% 2.44% 2 YEARS 2.84% 2.14% 3 YEARS 3.44% 2.34% 4 YEARS 3.89% 2.59% 5 YEARS 4.64% 2.69% 7 YEARS 5.30% 3.24% 10 YEARS 6.10% 3.79% Rates are subject to change without notice. OAC E&OE  Prime Rate 2.70% 5 yr variable 2.20%  

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 9
“Do Your Magic!” Craig, my plow guy at my investment properties and his wife are going to give you a call. They had trouble last time they tried to buy a house, they’re discouraged. Do your magic!You’re the best. Tiffany I wish it was always that simple, unfortunately every situation is unique an...

By The Temple Team, Specializing in Lake Norman Real Estate
(THE TEMPLE TEAM)
Comments 2
 Beginning January 1st - 2017,  households will be able to get larger FHA loans for their home purchase. In high-cost areas like San Francisco and Washington, D.C., borrowers will be able to get loans as high as $636,150, almost $11,000 more than what they were able to get in 2016. In low-cost ar...

By John Meussner, #MortgageMadeEasy Costa Mesa, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 11
2017 FHA Loan Limits Announced      HUD announced today updated loan limits for the FHA loan program that will take effect for all FHA Case numbers created on or after January 1, 2017     As with the recent announcement on conventional loan limits, HUD has implemented maximum loan amount increase...

By Adam R. Cohn, We actually get mortgages closed FAST!
(STANDARD MORTGAGE CO.)
Comments 3
This was long needed.  I am very exicited to see this finally taking place.  This will help many people in many different higher cost markets. FHFA announced today the Maximum Conforming Loan Limits For Fannie Mae & Freddie Mac Will Increase In 2017.  The new posted maximum conforming loan limits...

By Amanda Thomas, Broker, Realtor®, SRES®, BPOR
(Providence Group Realty)
Comments 3
Everyone knows that all interested party contributions need to be disclosed on the Closing Disclosure / Final Settlement Statement, right? CFPB and TRID / RESPA changes that took effect in October 2015 have both emphasized disclosure rules and placed  more responsibility on the shoulders of lende...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 2
         Many buyers in our local market have sizable Student Debt . When asking what impact they might have on my ability to buy a home , there appears to be much confusion ! This blog post will clear up all of your questions ! When getting a mortgage many items are taken into account. These ite...

By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
Comments 2
Interest rates for buying a home on the Palos Verdes Peninsula remained steady this week . The following are excerpts from the newsletter on interest rates published by HSH Associates :"Mortgage rates continue to meander about, largely rangebound, as financial markets try to figure out where we g...

By Ricky Khamis, NMLS 173141 | CADOC 173141 - 480-339-1565
(Amerifirst Financial, Inc.)
Comments 0
  Contact: Alberto Ceja Santiago Phone: (623) 313-8534     3 Bedroom Home for Sale in Foothills Club West 85045 Listed at 345000.00       Send To   Subdivision FOOTHILLS CLUB WEST Parcel 23 Category Homes Type Single Family Re-Sale Sq Footage 2209 Bedrooms 3 Bathrooms 2 Half Bathrooms 0 Lot Size...

By Scott Carson, The Note Guy
(WeCloseNotes.com Inc)
Comments 2
With it being Valentine's Day to start this thread, I figured that I would share with you the three biggest things that I love about investing in NPN's.  Feel free to add your favorites!1.  Access to more deals!  Especially if you go after regional banks instead of just searching the different li...

By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 6
When getting a mortgage many items are taken into account. These items includes your income, credit scores, assets, expenses, etc. One major expense can be if you have student loans. How mortgages address student loans is different than how we think of them. Such as, if your payments are deferred...

By John Meussner, #MortgageMadeEasy Costa Mesa, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 2
Conventional Loan Limit Increases for 2017      As expected, Fannie Mae & Freddie Mac have announced that conventional loan limits are set to increase as of January 1, 2017.  Since rate increases on these programs are tied to median home values, this increase was expected, and is finally some rel...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 10
Getting a home loan these days is a very interactive process.    Please visit the original blog if you wish to leave comments. You have done the hard part in the house buying process and chosen a lender and a real estate agent to work with.  You have also gone out and found the home of your dream...

By Joan Cox, Denver Real Estate - Selling One Home at a Time
(Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373)
Comments 12
 Many buyers have lots of questions when thinking of buying a home.   A knowledgeable mortgage professional can answer many of these questions, and help guide a buyer to a loan program that will fit individually.   Buyers do not HAVE to have 20% down to buy a home, FHA only requires 3.5%.   There...

By Ricky Khamis, NMLS 173141 | CADOC 173141 - 480-339-1565
(Amerifirst Financial, Inc.)
Comments 1

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
 Commercial bond yields   CMB         GoC         Floating rateinsured cost of funds 5 Year - 1.63%*Canada housing 06/15/22 [-0.04]       5 Year - 1.16%CAN 0.50 03/01/22 [-0.04]       0.97%                      [-]                        10 Year - 2.30%Canada housing 06/15/27 [-0.08]       10 Ye...