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 Michelle Cooks, Pensacola, Pace & Gulf Breeze Property Management
(Charles Stallions Real Estate Services)
Comments 0
Pensacola, Pace, Gulf Breeze Property Management, Fed leaves rates alone with no hint of future hikesThe Federal Reserve made no change to interest rates that directly impact adjustable-rate mortgages and can indirectly influence fixed-rate mortgages. Read more. Are you paying too much in Propert...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 1
We SELL Homes in Pensacola Florida 32514, Conforming mortgage limits go up in 2017For the first time since 2006, the federal government has increased the maximum amount of a conforming loan by $7,100, boosting it to $424,100 in most regions. Read more. THOUSANDS OF HOMES.... One Address www.charl...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 12
There was a time when the mortgage was the first bill to be paid.  But for a few years now that is not the case any more, and The Mortgage Has Become The Last Bill To Be Paid.    The mortgage no longer taking priority as the first bill to be paid, started to become more of a trend in the last dec...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
S & P stock futures opened slightly lower after last week's wild ride following the Fed Open Market Committee meeting and Janet Yellen's information packed news conference.  Stock were little moved in a fairly calm day of mixed trading.  Gold traded higher as oil prices fell off once again in fur...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 22 basis points today at 101.88  having broken through resistance offered by the 25 day moving average at 101.82. MBS bond closed 113 basis points above their recent lows. The 30 year conforming rate fell to 4.25% again today.  Whether in New England, th...

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 John Meussner, #MortgageMadeEasy Costa Mesa, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 7
How a Mortgage Company Can Improve Your Buyer's Offer      As a Realtor in an extreme seller's market as we're seeing in so many markets around the country, wouldn't it be nice if every buyer you worked with was a cash buyer?  While that's not reality, the mortgage company your buyer works with c...

By Matt Brady, Lending With Competence And Character
(Skyline Home Loans)
Comments 4
Well, the Fed raised the federal fund rate .25 surprising absolutely no one. The good news is the market was expecting this, and mortgage rates actually improved slightly.The Fed also signaled that they intend to continue tightening our monetary policy throughout the year. That means we can expec...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 35
As a Loan Originator I work with many Borrowers who need to improve their Credit in order to qualify for a mortgage.  There are several factors I need to consider to help a Borrower improve their Credit Scores.  Among the information I need to know in order to help them is the Length Of Time Info...

By John Meussner, #MortgageMadeEasy Costa Mesa, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 26
How Does the Fed Affect Mortgage Rates?       What does the Fed do to mortgage rates?  In the words of the late Edwin Starr, "Absolutely Nothin'".  Yesterday. Janet Yellen announced a .25 increase in the Fed funds rate, and those in the real estate industry seemed quick to scare the pants off of ...

By Bob "RealMan" Timm, Bob Timm Owner/Broker National Marketing Realtors
(National Marketing Realtors)
Comments 9
This post by George Souto just makes so much sense! I've brought it up in 3 different conversations in the last 24 hours and it really got a great reaction every time. When I brought it up in my conversations I asked: What Bill Do You Pay First? and then I talked about Georges post. Try it, the q...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 7
One of the best sections of George Souto 's series for first time home buyers was this post with advice on choosing a Realtor.  It's good to see the support from those we associate with in the business of real estate.  1st Time Homebuyer Seminars ..... Choosing A Realtor.  This part of the Semina...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“Co-Signing for anyone is not an Easy Decision”  Hi Joe,My dad is very supportive and will absolutely co-sign.  He asked that I take out insurance, in case something happens to me before him and he just wants to check in with his lawyer to make sure there is nothing else he should do. I spend a l...

By Mike Young, FHA 203k Consultant 707-812-7668
(203kOnLine.com, covering California & most other states)
Comments 0
Anyone can appraise a 203k, right? You might think so but we see this all too many times that they don't have a clue in many cases. This year alone if I turned them in to their licensing boards they would be fined at a minimum. USPAP - Uniform Standards of Professional Appraisal Practice says you...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 32
Many efforts have been made to try to ensure better and more accurate Appraisals.  While improvements have been made in some areas, holes have been created in others.  The ups and downs of the Appraisal Accuracy Can Best Be Described As A Roller Coaster Ride.Several efforts have been made to crea...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 18
CFPB Is Evaluating The Impact Of Their Qualified Mortgage (QM) Rules.  In a blog I wrote on December 26, 2013 titled Overview Of The CFPB QM Rules Going Into Efect On January 10, 2014 I stated:The Qualified Mortgage (QM) Rules were crafted by the Consumer Financial Protection Bureau (CFPB) with t...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 19
VantageScore Solutions and the Consumer Federation of America (CFA) have released the results of a survey they conducted together through ORC International on How Well Do Consumers Understand Credit Scores And Their Impact?  The survey revealed some interesting results I would not have expected, ...

By Sally K. & David L. Hanson, WI Realtors - Luxury - Divorce - Short Sale
(Keller Williams 414-525-0563)
Comments 9
  Less government...less regulation is a good thing, 'right ?  Most things applied universally...in the always and never category...don't always and never turn out to be accurate or appropriate in every situation.  While short sales may not be as prevalent as they were when we had 36 at once...a...

By Mike Young, FHA 203k Consultant 707-812-7668
(203kOnLine.com, covering California & most other states)
Comments 0
Having a hard time finding a contractor for my Limited 203k projectLenders are asking me for a list of reliable contractors in their area... LOL, that is like gold. Why would I provide a list of my reliable contractors to everyone only to find out they are all now too busy for my work?What we do ...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 14
I had a conversation with one of my favorite ActiveRain members Lynn B. Friedman a couple of weeks ago, and Lynn suggested I write a blog about what is The Biggest Delay In Processing A Mortgage Today.  I have written blogs about this in the past, but this is a topic which needs to be written ab...