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 John Handschuh, Realtor ABR SRES, Horsham Real Estate
(RE/MAX Action Realty)
Comments 5
Your credit score is one of the most important tools you have at your disposal. A good score can help you out financially in several ways. Most utility companies will not charge a deposit if your credit score is good, and many landlords and apartment complexes are more likely to rent to tenants w...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 13
Two to three years ago VantageScore Solutions and the Consumer Federation of America (CFA) conducted a survey on Do Consumers Really Understand Credit Scores And Their Impact?   The survey  revealed some results I would not have expected, especially among the Millennial Generation. One thing whi...

By Danny Papadopoulos, Offering Private & Second Mortgages in Toronto
(Homebase Mortgages)
Comments 14
If you’re a homeowner, the thought of getting a second mortgage may have crossed your mind from time to time; more so that when used wisely, second mortgages can help you buy a new property, consolidate old loans, or even start a new business. There is no doubt that a second mortgage can be great...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
While MBS bonds cruised to their highest level in weeks and are now more than 100 basis points above last week's low, U.S. equities climbed higher today.  With consumer sentiment high, stocks had a bumpy ride but managed to eke out gains as the Dow registered its 11th consecutive record high.  Go...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
After all that bad things we have heard about the Veteran's Administration in recent years, it is time to express thanks for the VA loan program.  This program, exclusively for veterans, provides them with extremely low rates, the opportunity to buy a house with literally zero down and many times...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed up 31 basis points today at 102.78 having risen up to 102.81 during the session prior to closing just below it.  The bond closed just 35 basis points below the 100 day moving average at the highest level in two weeks. The 30 year rate remianed at  4.125% to...

By Georgie Hunter R(S) 58089, Maui Real Estate sales and lifestyle info
(Hawai'i Life Real Estate Brokers)
Comments 2
Maui County property taxes are due on Feb 20 and Aug 20Just a reminder that poperty taxes are billed twice a year here on Maui, with February 20 and August 20 being the due dates.  If you have a mortgage it will probably be rolled into your monthly payment.  If not, you should already have the bi...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 7
In case you missed this post from George Souto when he first posted it, here's some really good information about appraisals and the appraisal process that we can use to our benefit if something doesn't seem quite right:  Yesterday I wrote a blog titled What Are The Appraisal Requirements & Respo...

By Mike Young, FHA 203k Consultant 707-812-7668
(203kOnLine.com, covering California & most other states)
Comments 2
I really enjoy speaking to Realtors and agents in groups. I like to ask them if they ever get a client in their office that tells them they have no down payment... they all say "Yes" then I ask "do you send them out the door quickly?" and the laughter is overwhelming. I then ask them to take the ...

By Carol Ann Wilson
(Real Estate Divorce Specialist Association)
Comments 2
Divorcing Couples Can Avoid the 10% Penalty on Retirement Fund Early Withdrawal Often when couples divorce, there is a retirement fund that needs to be split. This can be an excellent source of money for a down payment on another house. However, normally these funds are subject to a 10% penalty t...

By Paul Antonelli, Broker Owner; NextHome Antonelli Realty
(NextHome Antonelli Realty)
Comments 1
At a recent workshop, we heard from different speakers, one of which was an Orlando attorney Charles Castellon of CPC Law, who discussed Land Trusts and their benefits top real estate transactions,  so I thought I'd share some information with readers.  You may be at a greater risk for a lawsuit,...

By Criss-Cross Financial Group, www.iLoveCFG.com
(Criss-Cross Financial Group)
Comments 0
Transactional FundingOne of our specialties is providing flexible short-term hard money and transactional loans for real estate projects! If you are an investor looking to fund your short sales, REOs, residential, or commercial flips, then you know how difficult it is to find the perfect company....

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 19 basis points today at 102.47 having broken through and closed above resistance offered by the 10 day moving average. The 30 year rate dropped to  4.125% today. If you have a rate of 5% or more it is still not too late to refinance; especially for thos...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“This Realtor is really on her Game”    Hi Joe,I have a client looking for rentals, and put a bug in his ear about buying. He said his credit a year ago was not that good and he hasn't checked it lately. I don't know much about his past issues, and suggested he contact you to see if there is a po...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 4
         Many buyers in our local market have sizable Student Debt . When asking what impact they might have on my ability to buy a home , there appears to be much confusion ! This blog post will clear up all of your questions ! When getting a mortgage many items are taken into account. These ite...

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 Stephen Katz
(Katz Mortgage Team, a branch of VanDyk Mortgage Corporation)
Comments 1
If you can buy a house, you should. You get many tax benefits, including your interest and mortgage insurance being tax deductible. In a rental situation, you will spend equal to or more than your mortgage payments, and you don’t get any of those tax benefits and aren’t able to do home improvemen...

By Donna Jarock, The Realtor that Delivers you Home
(MB The Brian Petrelli Team)
Comments 2
Home Shopping without your pre approval in hand is like window shopping.  You are going through the motions but without the money you really are just looking.  In the fast paced Colorado Market where there is a shortage of inventory and many buyers, the very most or one of the most important item...

By Donna Jarock, The Realtor that Delivers you Home
(MB The Brian Petrelli Team)
Comments 2
 If you have ever looked at your Colorado home’s mortgage balance and thought, “Yikes! That’s a lot of money!” you’re not alone. Such a gulp-inducing moment can be triggered by listening to one of the celebrated financial gurus explaining personal finance. Much of the latest financial wisdom is a...

By Scott Wilkerson
(Academy Mortgage Corp)
Comments 5
Mortgage rates are very volatile from a thousandth of a point up to a 1/2 a point in one day. So how does the average homeowner know when it is the right time to refinance? Please read the following to help you decide for yourself if it is the right time to refinance: If rates are 1/2 point lower...