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 0
MORTGAGE INTEREST RATE LOCK ADVISORY July 7 2015, 8:00 AM PST  Click for Continuously Updated Lock Advice   LOCK ADVISORY 1-7 Day Close: FLOAT With Caution 8-14 Day Close: LOCK 15-30 Day Close: LOCK MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 7-2-15: 4.08% - Up 0.06 point Rate P...
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. Unemployment hit a seven-year low, but wages remained flat. Meanwhile, lay-offs saw a short-term increase, and construction spending enjoyed solid growth.  Unemployment  Unemployment fell to a seven-ye...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 25
        “Blogging About Your Clients” I am extremely careful when it comes to blogging about clients, past and present. I do not share identities. I will sometimes use first names, but their story is important. I will tell folks that I will create a blog about our working together and ask if it i...
By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(Keller Williams Realty)
Comments 10
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 Jennifer Provencio, The Reverse Mortgage Speciailist
(Fresno-Clovis-Visalia-Hanford-Tulare-Merced-Stockton-Modesto-Madera-San Luis Obispo-Bakersfield)
Comments 4
What a great article by Joe Petrowsky ! Blogging is easy but time consuming. Imagine if we all took care of this client like Joe does!! Let's do it!! “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 do...
By Tim Carroll, Branch Manager at CMG Financial
(CMG Financial)
Comments 0
Exploring Jumbo LoansJuly 06, 2015 Big homes call for big loans. If you have been approved for a loan exceeding the conforming limit and are in the market for a more expensive home, you will be directed toward jumbo loan options. The conforming limit is the maximum loan amount that government age...
By Bob Elliot
(RE/MAX Advisors)
Comments 0
Last week's housing-related economic events included the Case-Shiller Home Price Index reports for April, the Commerce Department's Pending Home Sales report and a report on Construction Spending. In other economic news, Non-Farm Payrolls, the ADP Employment report and Consumer Confidence reports...
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 Olga Simoncelli, Broker/Owner Veritas Prime Candlewood Lake Area CT
(Veritas Prime, LLC)
Comments 8
Interest Rate Conundrum - Fed Watchers on Red Alert   Most consumers, particularly in the real estate market, view interest rates in terms of relative ease of buying a home, for indeed each 1% drop in the rate on a mortgage can translate to reduced monthly costs, making a home purchase more affor...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Fixed term best discounted Invis rates & posted rates as of July 7, 20156 mos                                 3.10%         3.14%1yr                                     2.29%          2.89%2yr                                     2.19%          2.84%3yr                                     2.34%   ...
By Jennifer Provencio, The Reverse Mortgage Speciailist
(Fresno-Clovis-Visalia-Hanford-Tulare-Merced-Stockton-Modesto-Madera-San Luis Obispo-Bakersfield)
Comments 0
Why would a senior want a reverse mortgage? There are so many reasons why, but let's start with the top three!                                         1. It will eliminate their current mortgage payment. Many seniors are struggling just to make ends meet. Many of them got ten year home equity lin...
By Bill Kamboukos
(Strategic Mortgage)
Comments 0
As we have detailed in recent weeks, the HARP refinance program has now been expanded to allow more homeowners the option to refinance and take advantage of historically low interest rates. The program is a government backed initiative to allow borrowers who could previously not refinance, due t...
By Matt Brady, Lending With Competence And Character
(Pending)
Comments 0
You don’t have to venture too far into the mortgage process before the acronym APR comes up.You might even know already that it stands for annual percentage rate.But what does it mean, exactly? How does it pertain to your home loan? And more importantly, how is it different from your loan interes...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 31
“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 Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY July 6 2015, 8:00 AM PST  Click for Continuously Updated Lock Advice   LOCK ADVISORY 1-7 Day Close: FLOAT With Caution 8-14 Day Close: LOCK 15-30 Day Close: LOCK MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 7-2-15: 4.08% - Up 0.06 point Rate P...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 31
                                   “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 43
“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 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 Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 1
We've been digging infographics lately and thought you should see this one called, What You Need to Know about First Time Home Buyers.  It's a great graphic that tells you how your first time home buyers act and react and there's nothing better than knowing your client inside and out!
By Captain Wayne - Rowlett Real Estate School, Rowlett Real Estate School / Owner and Instructor
(REcampus Fully Accredited Florida ONLINE & Classroom Training in Destin, Pensacola Florida)
Comments 0
There are two parties to a mortgage: (1) the mortgagor, or borrower (debtor), (2) the mortgagee, or lender (creditor). The mortgagor owns the property, and the mortgagee owns the mortgage. A mortgage is regarded as an investment or chattel (personal property) by the mortgagee and, like other such...