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 35
        “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 George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 9
Everyone Is Hurt By Loan Fraud, Especially Innocent Homeowners.  I only originate mortgages in Connecticut, but it is not unusual for me to get e-mails and phone calls from homeowners in other States as a result of my blogs on ActiveRain.  A while back I got a call from a homeowner in California ...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 28
It is not uncommon for a Borrower to be surprised by the amount of the Monthly Mortgage Payment  on a property they want to purchase.  This is because many Borrowers go online and try to calculate the monthly mortgage payment on their own by using an Online Mortgage Calculator.  Online Mortgage C...
By Matt Brady, Lending With Competence And Character
(Skyline Home Loans)
Comments 2
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 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 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 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 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 Christopher Winkler, Real Estate Investments Without Getting Dirty
(Silverwood Capital, LLC)
Comments 0
Imagine A 26.25% Return In Four Months? Annualized 78.75% ROI???​Our JV Partner, friend, and mastermind note investor, picked up this nice New Jersey Nonperforming 1st lien for $105,000, with $174,000 UPB, $190,000 total with arrears. The borrower had missed 8 payments, and it appears they had so...
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 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 up a mere three basis points today at 103.19 having risen all the way up to touch the 50 day moving average offered at 103.59 prior to falling off steeply around midday.  The sting of the Greek referendum continued to weigh on  stocks this morning propellin...
By Jennifer Provencio, The Reverse Mortgage Speciailist
(Fresno-Clovis-Visalia-Hanford-Tulare-Merced-Stockton-Modesto-Madera-San Luis Obispo-Bakersfield)
Comments 2
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 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 yanni raz
(hml investments)
Comments 1
Benefits of Commercial Hard Money Today's commercial hard money brokers lead non-conforming borrowers down the road to success with the use of alternative-financing programs such as hard money commercial loans. Borrowers venturing off the beaten path of conventional commercial real estate loans w...
By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(Keller Williams Realty)
Comments 21
When I meet my client, I tell them - now you are my responsibility and I need your cooperation (in either finding the house or selling the house!)And the same sentiments I see in this post from my friend Joe Petrowsky.     “The Responsibility of, I TRUST JOE”   I learned the word trust and what i...
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 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...