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 Troy Evans, NMLS 399255, 309441. BRE 01952492, 01951081
Comments 0
After a wild Monday set the tone for a volatile week for financial markets, mortgage rates end the week only slightly worse than where they started. If you are buying or refinancing your mortgage in the next 30 days, please shop your mortgage with us. Free rate and fee quote available online at C...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 27
“Time for the Son-In-Law Take Over”  Always ask for the best way to communicate whenever you get an inquiry that comes from your website, no matter how they got to your site. When I ask how to best communicate it is asking permission. Over 50% respond with an answer, the rest is up to me.Keith,  ...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY August 28, 2015, 8:00 AM PST  Click for 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: 8-27-15: 3.84% - Down 0.09 point Rate Price B...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 11
Even with all the negative changes impacting the ability of First Time Homebuyers to purchase a home, First Time Homebuyers Continue To Have Option To Purchase A Home.   There are still several mortgage program available to First Time Homebuyer that require little to no money down.  Today there a...
By Chris B Johnson, REALTOR®Quality Not Quantity #ChrisBJohnsonRealtor
(Allison James Elite)
Comments 0
Chris B Johnson, REALTOR®      ChrisHasYourBuyer.Info         Time To Buy #ChrisBJohnsonRealtorOver the past week, mortgage rates were pushed and pulled by unusually large movements in global stock markets. The economic data had little impact. After a volatile week, mortgage rates ended just a li...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 41
  “Agent Says She is Going to Take this Fall Off” I got a call from a Realtor asking if I could get a transaction closed by the end of September. It was a pretty simple transaction so I let her know; based on what was described to me I could but to have the prospective buyer contact me as soon as...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 26
To Lock Or Not To Lock That Is The Question?  Tis it better to gamble, or tis it better not to gamble only ye can decide.  Perfect topic to give it a little Shakespearean twist to, even if my Shakespeare is not all that good.  Lately the mortgage interest rates have been fairly stable, and recent...
By Eric Boucher, The FHA/VA Condo Project Approval Guy
(ReadySetLoan Condo Team LLC)
Comments 4
Last week, I attended a two-day session about FHA condominium project approvals with HUD in DC.  Incomplete submissions and the Appendix A Project Certification were among the most important topics discussed.First off, HUD will only review packages submitted by the following entities: Lender, Bui...
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 Jeff Jensen
Comments 0
Mortgage backed securities (MBS) closed flat today at 103.75 having remained below powerful resistance at the 200 day moving average and just 5 basis points above the 100 day moving average.  After crossing over the 200 day moving average recently MBS bonds have remained calm as the equity market...
Stocks took a break from their mercurial swings today after having recovered much of the recent losses they incurred as a result of wild fluctuation in Chinese currency and markets.  If you spent the day listening to Fed speakers' comments about the impending rate hikes, you would have wound up d...
By Joyce Kelley, Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.
(Charles Stallions Real Estate Services Inc)
Comments 0
  Gulf Breeze Real Estate Happenings 32561, 32563, 32566, Mortgage Bankers group increases 2015 forecast It last projected that total 2015 mortgage loan originations would be up 14% year-to-year, but the group now thinks it will surge to 23%. Read more.     Homes in Gulf Breeze, Florida 32561 wit...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 31
  “If You Don’t Know the Product Don’t Talk about it” “Also based on my income the last guy told me I was eligible for a 203 K. Does this apply for you too? Not that I want to spend that much but I might need a little more than $200,000.” Thanks Tom  Tom was referred to me by another mortgage com...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY August 27, 2015, 8:00 AM PST  Click for 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: 8-27-15: 3.84% - Down 0.09 point Rate Price B...
By Karen Schimpf
(Commercial Capital Ltd.)
Comments 1
Franchise Financing It's 30% Of Our Business!     cc: by  https://www.flickr.com/photos/nnecapa/2864285732/in/photolist-  We close a lot of loans. Through the years, franchise financing has been a staple of our business.  As I crunch the numbers, franchise financing is consistently 30% or more o...
By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(Keller Williams Realty)
Comments 4
There are advantages of the 'Joint Credit Cards' - everything is streamlined and just one credit card for both!How does it play when you want to buy the home?Great insight from my dear friend Joe Petrowsky .     “Joint Credit Cards”   Avoid setting up joint credit cards whenever possible as this ...
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 Ginger Harper, Your Southport~Oak Island Agent!
(Coldwell Banker Sea Coast Advantage)
Comments 7
You really do have the facts.  Thanks for sharing with us.   “Some Very Interesting Millennial Statistics”   1)      83% sleep with their mobile phones next to their bed. 2)      75% have a profile on a social media website. 3)      70% are single. 4)      53% buy green products. 5)      41% are ...
By Bruce Reichstein, Mortgage Industry Professional - 3 Decades
(Mortgage Industry Professional, Westbound Bank Chairman, and Entrepreneur)
Comments 3
There are a lot of questions asked about FHA loans and how spouses can buy together. Can the FICO scores of one spouse make up for the lower scores of the other borrower? Can one spouse's income offset the lower income of the other? How does state law factor into FHA loan applications when spouse...
By Michelle Cooks, Pensacola, Pace & Gulf Breeze Property Management
(Charles Stallions Real Estate Services)
Comments 0
Pace Fla. Homes 32571, USDA mortgage program fees to increase Oct. 1 The USDA's Rural Housing Service will raise the cost of home-loan guarantees in some areas where borrowers don't need a downpayment, Bloomberg reports. Read more.       Flat Fee Property Management $50. Monthly in Pace, Fl. 325...