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 Steve Bracero, First Time Homebuyer and Investor Specialist
(Heisler and Mattson)
Comments 0
Are you looking to increase your savings? This is a very popular question, and you may not even know where to start! These three tips will put you on the right path to begin saving money.1. Change Your PhilosophyCurrently what do you think of money? Do you not have enough to invest? Keep in mind,...

By Bob Thompson, 562.344.5626 | ALT-Doc, No Income HELOCs and Private Money, AltDocLoan.com - Residential and Commercial Loans
(Wholesale Account Executive)
Comments 2
    Stated Income-Verified Asset Loans, Alternative Documentation (ALT-doc), Private Money Loans - Cash-out Refi 70% LTV and Purchase to 80% LTV | No taxes or w2's needed No Income HELOCs, Hedge Fund, ALT Documentation and Private Money Mortgage Loan Products. 1) Stated Income - Verified Assets,...

By Anna Banana Kruchten, CRS, Arizona's Top Banana of Real Estate!
(Phoenix Property Shoppe)
Comments 3
Are you in a situation where you need to have some refinace options while going through a divorce or a split? George Souto has written an excellent article and made it so easy to understand what options might be on the table. There is a light at the end of this challenging situation. Reach out an...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 9 basis points today at 102.50 having risen to within 5 basis points below resistance offered by the 100 day moving average. The 30 year conforming remaned at 4.125% today while the 30 year jumbo was available at 4.25%.  Whether in New England, the Mid A...

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 Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Japanese candlestick readings for today are showing a Doji candle which probably means the trend lower may be in jeopardy.  That does not necessarily mean the bonds will go higher right away.  Instead we may have some sideways surface skittering.  With the German Bund yield sinking below .50, we ...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 11
Anna 'Banana' Kruchten is hosting an ActiveRain contest this month titled "FAQ Break Into Summer Organized Contest" in which she is challenging us to write 5 new posts answering 5 consumer FAQ's.  As I have stated on my previous blogs in this challenge, this is an easy one for me.  There are at l...

By Trent Dalrymple (248) 854-0625, Helping Mortgage Brokers & LO's Lend Nationwide!
(American Mortgage Bank)
Comments 0
July 9th - Today in History1776 - The American Declaration of Independence was read aloud to Gen. George Washington's troops in New York.1847 - A 10-hour work day was established for workers in the state of New Hampshire. 1868 – The 14th Amendment to the U. S. Constitution is ratified, guaranteei...

By Bob Thompson, 562.344.5626 | ALT-Doc, No Income HELOCs and Private Money, AltDocLoan.com - Residential and Commercial Loans
(Wholesale Account Executive)
Comments 0
(562)344-LOAN ALT doc Loans nationwide for Commercial and Residential Call Bob Thompson (562) 344-5626     HOME NO INCOME HELOCS & ALT DOC LOANS PRIVATE MONEY, HEDGE FUND & COMMERCIAL BROKERS CONTACT ME         Commercial Real Estate, Private Money and Hedge Fund I am focused on getting deals fu...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 5
“Using Funds from a 401K Account”  Good morning Joe, As you’re aware we have an accepted offer on a new home.  We are just waiting for Nicks quote on the work; Just a couple of questions about the loan/process.  Can I use 401k money to make the down payment t on the property?   And can we move in...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 10
If you are a homeowner making mortgage payments along with MI or PMI, then this post from George Souto should be of great value to you.  The sooner you can stop paying this fee, the better off your wallet will be:  Anna 'Banana' Kruchten is hosting an ActiveRain contest this month titled "FAQ Bre...

By George DeVine, Mortgage Banker
(Atlantic Home Loans)
Comments 1
Most consumers don't understand what the rationale is behind a jumbo loan vs. conventional mortgage financing.  A conventional loan refers to a mortgage that can be sold and securitized through Fannie Mae or Freddie Mac.  These two agencies were originally established as government sponsored agen...

By Trent Dalrymple (248) 854-0625, Helping Mortgage Brokers & LO's Lend Nationwide!
(American Mortgage Bank)
Comments 2
July 7th - Today in History 1846 - U.S. annexation of California was proclaimed at Monterey after the surrender of a Mexican garrison. 1928 – Sliced bread is sold for the first time (on the inventor, Otto Frederick Rohwedder's 48th birthday). (machine pictured) 1930 – Industrialist Henry J. Kaise...

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, Branch Manager, CMPS
(Katz Mortgage Team, a branch of VanDyk Mortgage Corporation)
Comments 0
Are you a renter who is looking to purchase a home of your own? If so, you've come to the right place!Many of our clients have said to us that they wish they would have made their purchase years ago, instead of renting for a long period of time. With interest rates as low as they are, we want to ...

By Trent Dalrymple (248) 854-0625, Helping Mortgage Brokers & LO's Lend Nationwide!
(American Mortgage Bank)
Comments 0
July 6th - Today in History 1785 - Congress declares that the money unit of the United States of America shall be one dollar. 1854 – In Jackson, Michigan, the first convention of the United States Republican Party is held. 1885 - Louis Pasteur successfully tested his anti-rabies vaccine. The chil...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
This month the government jobs report was worth the wait.  The non government payroll increased by 222,000 jobs last month far surpassing the expected 179,000.  An added bonus was that the dismal reports from April and May were both revised upward by 33,000 and 14,000 respectively.  This changed ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
 Mortgage backed securities (MBS) closed down 3 basis points today at 102.38 having fallen down to 18 basis points below resistance offered by the 100 day moving average. The 30 year conforming remaned at 4.125% today while the 30 year jumbo was available at 4.25%.  Whether in New England, the Mi...

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 Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
With bond yields in Europe rising today, MBS bonds and U.S. treasuries fought an uphill battle to gain any traction today.  The only reason they were able to close above their lows, was that domestic stocks were in the tank today.  With the impending government jobs report coming out tomorrow, I ...