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 Joyce Kelley, Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.
(Charles Stallions Real Estate Services Inc)
Comments 0
Home Buying in Gulf Breeze Florida 32561, Average U.S. 30-year mortgage rate falls to 4.12%. It's the second week of declines, following a surge in mortgage rates in the weeks after the Nov. elections. The average 15-year FRM dropped to 3.37%. Read more.      THOUSANDS OF HOMES... One Address www...

By Stephen Katz
(Katz Mortgage Team, a branch of VanDyk Mortgage Corporation)
Comments 3
Have questions about mortgages? Don't worry, we've got you covered. There are several options to help you out with your mortgage that not everyone knows about.Trying to figure out just exactly how a mortgage works? Don’t feel bad, the average home buyer doesn’t either. From how big a down payment...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 11
Some good news for those considering an FHA loan in the near future.  This is a reversal of the increase that went into effect a few years back.  FHA announced today that effective on January 27, 2017, the FHA Monthly Insurance Premium (MIP) Will Be Reduced To .55/.60.  MIP factors for LTV's 95% ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 28
  “The Dodd-Frank Act Continues to do More Harm than Good” The last time I read an update on Dodd-Frank, 40% of the act was yet to be written. Can you imagine that many in this country still think this was a good idea? These regulations continue to hurt consumers rather than help and there is no ...

By Keith Landis, Pennsylvania - "Your Pennsylvania Mortgage Source"
(Keystone Home Finance - NMLS#834342 - Conventional - FHA - VA -USDA - Jumbo Programs - Direct Phone 412-726-1654)
Comments 0
Looking to buy a home in Chester County, Pennsylvania? You might want to make a quick check to see if you and the property are eligible for a Pennsylvania USDA Mortgage, also known as a Pennsylvania USDA Rural Development Loan.  Here's Why...  USDA home loans offer a few benefits that other mortg...

By Fred Griffin, Licensed Florida Real Estate Broker
(Frederick Griffin, Exclusive Buyer's Broker)
Comments 4
     "Once a Borrower starts the Homebuying Process, they should begin to put together all the documents that will be required when they go to apply for a Mortgage.     It would also be a good practice for Realtors/Agents to make their Buyer aware of the basic documents required when they meet wi...

By Yolanda Cordova-Gilbert, David Weekley Homes in Towne Lake 70's
(David Weekley Homes)
Comments 16
 You are so excited the lender qualified you for the home of your dreams so you are ready to move forward, but are you really? This is great news you qualify so let’s move forward but not so fast. This is just the first step. One you should take before you start home shopping. You are definitely ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed up 31 basis points today at 102.12 having briefly popped above resistance offered by the 50 day moving average prior to closing just 1 point below it. The 30 year rate was at 4.25% today. If you have a rate of 5% or more it is still not too late to refinanc...

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 Trent Dalrymple, Making Lending Easy for Mortgage Brokers
(United Wholesale Mortgage)
Comments 0
Mortgage Brokers: If you knew everything we do, you wouldn't use anyone else. We have Same Day Set-Up and... 1-2 Day Approvals 1 Day on Conditions ESign Loan Disclosures - fully compliant Federal & State - for both borrowers & LO's, sign with the click of a button  CD is released prior to CTC, cl...

By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
Conventional 30 year Mortgage: 4.375%Credit score:740LTV:95%Loan Amount:$300kAPR: 4.68%FHA 30 year: 4.25%Credit Score:740LTV:96.5%loan amount:$300kAPR:5.40%Conventional 15 year: 3.625%Credit score:740LTV:95%Loan Amount:$300kAPR:3.76% Rates are Subject to ChangeCall me today if you are thinking of...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down another 1 basis points today at 101.84 having remained below support offered by the 50 day moving average. The 30 year rate was at 4.25% today. If you have a rate of 5% or more it is still not too late to refinance; especially for those jumbo loans.  W...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
The negative effect of Fed Chair Janet Yellen's comments yesterday about the time to raise the Fed loan rate is on the horizon continued to beat up bonds and buoy stocks today.  Each of the three major indices here closed at records highs as a result while MBS bonds languished below all the day m...

By Mike Bjork
(American Pacific Mortgage)
Comments 2
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 Nick and Cindy Davis, CRS,CLHMS,ABR,GRI,CIAS,ALHS,e-PRO,CDPE,SFR
(RE/MAX Premier Group)
Comments 1
The mortgage industry loves jargon and it can quickly confuse a real estate professional as well as the moreso a borrower. The Fannie Mae Sellers Guide alone has 91 different acronyms and abbreviations. See them here Mortgage Phrases You need to understand

By Tim Carroll, Branch Manager at CMG Financial
(CMG Financial)
Comments 0
A word from Chris M. George  

By Bruce Reichstein, Mortgage Industry Professional - 3 Decades
(Online FHA Mortgage Leads for Best-of-Breed Lenders)
Comments 1
A reader asks, "Can I use my current overtime income if I’ve been working at this company 20 months but my previous company I also had overtime which I worked there for 1 year and my previous before that I worked for 4 years with overtime?"FHA loan rules require the loan officer to verify income ...

By Mike Young, FHA 203k Consultant 707-812-7668
(203kOnLine.com, covering California & most other states)
Comments 4
While the FHA 203k loan program is a really good solution for many people seeking to repair their purchase or existing home. About one in a hundred is a major disaster. Sorry to admit that but they aren't all smooth as silk. The good thing is that if you start off with a nightmare 203k then you h...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 26
1st Time Homebuyer Seminars ..... Choosing A Realtor.  This part of the Seminar I have to give credit to an ActiveRain Member, and Realtor I worked with in the past on several Loans, Valerie Osterhoudt.  Even though I do the 1st Time Homebuyer Seminars on my own, from time to time I do invite a ...

By Tony and Suzanne Marriott, Associate Brokers, Serving Scottsdale, Phoenix and Maricopa County AZ
(Haven Express @ Keller Williams Arizona Realty)
Comments 14
Ancillary Business. Definition: Definition of ancillary activity: Business or non-trade activity that is not associated with the core activities of a firm.  In this case, aerial photography, primarily to take aerial photography and videography of our own single family residential real estate list...