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)
Comments 6
As much change as the Lending Industry has gone through in recent years, there was still one area that that was not brought into the 21st Century until fairly recently, the use of Electronic Signatures.  In this age of computers and the ability to do things in the blink of an eye, paper & pen in ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 7
“That’s One Way to get to the Center of the Earth”   Two Tennessee rednecks are out hunting, and as they walked along they came upon a huge hole in the ground. They approach it and were amazed at the size of it.The first hunter says, "Wow, that's some hole; I can't even see the bottom. I wonder h...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 35
There are major property issues when a marriage ends in divorce.  The same is true when two people who are not married purchase a property together and then decide to go their separate ways.  One of the issues that pops up all the time is how to handle the distribution of the equity in the proper...

By Danny Papadopoulos, Offering Private & Second Mortgages in Toronto
(Homebase Mortgages)
Comments 1
Now is the best time so far to take advantage of the equity you’ve built in your home. How so? Because mortgage rates have been low and steady in recent years, that’s why!Today’s market presents you with good rates with no indication of sudden change. If you don’t think these days is a great time...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 1
We SELL Homes in Pensacola Florida 32514It's a marginal drop from last week and 15-year rates stayed the same: 3.17%. Still, fixed rates seem immune so far from the Fed's short-term rate increases. Read more.30-year mortgage rates hit 2017 low: 3.88%           THOUSANDS OF HOMES.... One Address w...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down a whopping 34 basis points today at 102.62 having fallen through support offered by the 200 day moving average and closed 15 basis points above it. The 30 year conforming remained at 4.00% today while the 30 year jumbo was at 4.25%.  Whether in New Eng...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Today market dynamics were in their historically familiar mode as stocks rallied at the expense of bonds.  Both the NASDAQ and the S&P 500 produced new record high closes as MBS bonds and Treasuries slumped significantly.  After 2 weeks of resurgence MBS bonds fell back below the substantial supp...

By Trent Dalrymple (248) 854-0625, Helping Mortgage Brokers & LO's Lend Nationwide!
(American Mortgage Bank)
Comments 2
July 25th - Today in American History  1866 – The U.S. Congress passes legislation authorizing the rank of “General of the Army of the United States”. Ulysses S. Grant is the first American officer to be promoted to this rank. 1868 - Wyoming becomes a United States territory by an act of Congress...

By Mike Bjork
(American Pacific Mortgage)
Comments 0
http://MikesDailyMarketReport.com:  Provides a synopsis of the daily interest rates for mortgages and home loans and Interest Rate Trends.  You'll find insight on what is driving the interest rates for that particular day and some thoughts about short- term and long- term trends with the Interest...

By Danny Papadopoulos, Offering Private & Second Mortgages in Toronto
(Homebase Mortgages)
Comments 2
More and more homeowners are looking into being able to sell homes for profit, unfortunately, whatever you can gain from doing so is often left far from your reach unless you are able to access it using a HELOC or using a home equity loan.So which one then is better?A home equity loan and a home ...

By Danny Papadopoulos, Offering Private & Second Mortgages in Toronto
(Homebase Mortgages)
Comments 0
Second mortgages or home equity loans are getting popular once again. It fell back a bit after the recession, but as people are making moves now to take charge of their finances once again, interest in various loan options are picking up. If you want to find out more details about home equity loa...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 5
“It Depends”  Hey Joe, I have a client that wants to buy a particular home that is in a commercial zone. The buyers went to their bank and they said NO. The owners live in the property as their primary residence, so can you do a mortgage for my clients? Just because a residence is in a commercial...

By Ken Blaudow
(Indy Mortgage)
Comments 4
Over the last few years, Indiana Counties have been converting their property record systems to use the State of Indiana's 18-digit parcel number. As of last week, the last of the counties (Hamilton, Hendricks, Marion, Morgan and Shelby Counties) have been converted to use the State Parcel Number...

By Bob Thompson, 562.344.5626 | ALT-Doc, No Income HELOCs and Private Money, AltDocLoan.com - Residential and Commercial Loans
(Wholesale Account Executive)
Comments 0
No Income, Verified Asset - NIVA Loan for Investment and Owner-Occupied Properties. 680 mid FICO, SFR's, 1-4's, Condos and PUD'sTerms: 15 years fixed on Investment property3/1 ARM, 30 year term from 4.25%, 5/1 4.5%, 7/1 4.75%.            Purchase: 70% LTV to 2M, up to 100% of the downpayment can ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
There is money to be made out there and a few people are doing pretty well.  In fact, one of every 24 people in this country, 4.2% of the population, have an adjusted gross income of more than $200,000.  I guess most of us will have to work a little harder to catch up with them.  So any of you ou...

By Mike Bjork
(American Pacific Mortgage)
Comments 0
http://MikesDailyMarketReport.com:  Provides a synopsis of the daily interest rates for mortgages and home loans and Interest Rate Trends.  You'll find insight on what is driving the interest rates for that particular day and some thoughts about short- term and long- term trends with the Interest...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down basis points today at 102.97 having remained above support offered by the 200 day moving average and closed 15 basis points above it. The 30 year conforming remained at 4.00% today while the 30 year jumbo was hovering near to 4.125%.  Whether in New En...

By Trent Dalrymple (248) 854-0625, Helping Mortgage Brokers & LO's Lend Nationwide!
(American Mortgage Bank)
Comments 0
July 24th - Today in American History1701 – Antoine de la Mothe Cadillac founds the trading post on the straits between Lake Erie and Lake Saint Clair at Fort Pontchartrain, which later becomes the city of Detroit (Detroit is the French word meaning “the straits”)  (and it’s my birthplace)1847 – ...

By Trent Dalrymple (248) 854-0625, Helping Mortgage Brokers & LO's Lend Nationwide!
(American Mortgage Bank)
Comments 0
July 23rd - Today in American History1715 – The first lighthouse in America was authorized for construction by the Massachusetts legislature at Little Brewster Island, Massachusetts. The Boston Light was ready for use by mid-September the following year.1827 - The first swimming school in the U.S...

By Trent Dalrymple (248) 854-0625, Helping Mortgage Brokers & LO's Lend Nationwide!
(American Mortgage Bank)
Comments 0
July 21st - Today in American History 1733 - John Winthrop was granted the first honorary Doctor of Law Degree given by Harvard College in Cambridge, MA. 1861 - The first major battle of the U.S. Civil War began with the Battle of Bull Run at Manassas Junction, VA. The Confederates won the battle...