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 Bill Ladewig, Experience Is Your Advantage
Comments 2
MORTGAGE INTEREST RATE LOCK ADVISORY July 27 2015, 8:00 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: 7-23-15: 4.04% - Down 0.05 point Rate Price Based on 3% MBS - ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 38
“What Underground Oil Tank?” I got a call from a client that has a home under deposit. They wanted to buy in this particular neighborhood as they have a couple of friends that live there. Over the weekend they were at a cookout and one of the neighbors mentioned an “Underground oil tank” at the p...
By Jennifer Provencio, The Reverse Mortgage Speciailist
(Fresno-Clovis-Visalia-Hanford-Tulare-Merced-Stockton-Modesto-Madera-San Luis Obispo-Bakersfield)
Comments 8
 For the last thirty to forty years, you have continually invested your hard-earned money into your home. Even when times were tough and you were raising children and then putting them through college, you still continued to put money into your home. Not necessarily just from mortgage payments, b...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 16
“Contractors as Referral Partners”Earlier this year a contractor that I have referred clients to over the years wanted to meet for lunch. Over lunch we discussed many topics, but what was really on his mind was growing his business. He wanted to take on bigger projects, but many prospective clien...
By Jennifer Provencio, The Reverse Mortgage Speciailist
(Fresno-Clovis-Visalia-Hanford-Tulare-Merced-Stockton-Modesto-Madera-San Luis Obispo-Bakersfield)
Comments 2
  Beautiful Fresno Home, Great for a Senior. Make no monthly mortgage payments with a Reverse Mortgage!   Property Features Location Information  County: Fresno  MLS Area: 705  Cross Street: N/McKinley W/Palm  Directions: From Palm/McKinley, travel West on McKinley to Arthur, turn North. Travel ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 32
“Investing Your Time in Social Media Marketing”  I was asked the other day, how much time I spend each day with social media. They were shocked when I answered, “Two Hours”, usually early in the morning. These two hours that I commit to my blogging and corresponding via comments have a very good ...
By Bob Elliot
(RE/MAX Advisors)
Comments 0
Last week's scheduled economic news releases were limited as no news was released on Monday or Tuesday, but good news did arrive in the form of a dip in mortgage rates for fixed rate loans. The National Association of Realtors® reported higher sales of pre-owned homes and FHFA reported that home ...
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 Preferred 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% 4 YEARS 3.89% 2.54% 5 YEARS 4.64% 2.59% 7 YEARS 5.30% 3.39% 10 YEARS 6.10% 3.84% Rates are subject to change without notice. OAC E&OE  Prime Rate 2.70% 5 yr variable 2.20%
By Jeff Jensen
Comments 1
China's Shanghai Composite had yet another sell-off as America slept which touched off a global malaise that cost investors around in all quarters of the world.  The Dow Jones which just flirting with new record last week and trading over 18,000 closed at 17,440 today.  Despite a rally midday exc...
By Jeff Jensen
Comments 0
Mortgage backed securities (MBS) closed up 22 basis points today at 103.47 having risen 26 basis points above support now offered by the 50 day moving average,  MBS bonds benefited from yet another poor day in equity markets.  It is unusual to see such a solid advance ahead of a FED meeting as we...
By Gabe Sanders, Stuart Florida Real Estate
(the BlueWater Realty team specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 2
Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Residential Sales for March 2011 For March, 2011 in the 34990 Zip Code area of Palm City Florida : There are currently 555 active listings (down 15 from February)   145 Residential sales are pending and awaiting close or le...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 28
“How Does Someone with NO Mortgage Payment End Up in Foreclosure?” You would be surprised how many people don’t pay their property taxes. There is a law firm that refers prospective clients to me on a regular basis as they do foreclosure and tax collection work for a large Connecticut city.  So, ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 42
  “I’ve been Reading Your Blogs”  How often do prospective clients contact you after reading one or more of your blogs? It amazes me how often some of these blogs were ones that I have done two-three or even four years ago.  It seems like once I am contacted,they are ready to do business. They ju...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 27
  “Becoming a Dad Has Responsibilities” It is sad when someone is paying $1650 per month for rent and they can’t buy a home. I took out some of the information to protect the innocent. Hopefully Eddie will follow through, so that I can get him pre-qualified for a mortgage.  Joe,  My Realtor asked...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 27
“I Made Over 3 Million, Why Can’t I Get a Mortgage?” I had to laugh after thinking aboutthis call. This gentleman explained to me that he has been denied by 4different banks and his attorney recommended he call me. He told me that hemade 3.6 million dollars in 2012, $58,000 in 2013 and $52,000 in...
By Matt Brady, Lending With Competence And Character
(Skyline Home Loans)
Comments 3
Do you have a borrower that almost qualifies for a mortgage? If they paid down a credit card or other obligation would they qualify then? Well we used to allow people to do that as long as they CLOSED the account.We do not require the account to be closed anymore! This will help people that eithe...
By Matt Brady, Lending With Competence And Character
(Skyline Home Loans)
Comments 0
If you have a second job that loses money, I do Not have to count it!  In the past if you were a W2 employee that also had a second job, or a hobby that you wrote off expenses for, we had to deduct the loss from your wages. No more! Now if you start up a side business or use your home trying to d...
By Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 0
Over 197 points on Experian and 180 points on Equifax !This client is celebrating, and now in the process of getting her new home.  Thanks to our FDIC backed Tradeline, the top is yesterday's pull, the bottom when she started.  She spoke with her mortgage broker today to pull and the scores were ...
By Jeff Jensen
Comments 2
Stocks were down once again today despite Startlingly good numbers reported from Amazon after markets closed yesterday.  June new home sales were more than 100,000 less than expected showing the worst number thus far this year.  With oil low and the dollar higher, stock fell lower and lower throu...