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 George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 28
On September 14, 2015 FHA released their new Handbook 4000.1 which contained several New FHA Change In Calculating Borrower Debt.  Among the the New FHA Change In Calculating Borrower Debt were: Authorized Users On Credit Cards Debts With Less Than 10 Months Of Monthly Payments 30 Day Accounts Bu...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) were down 25 basis points today at 103.56 having come to rest 8 points below resistance offered by the 10 day moving average. The 30 year conforming was available at 3.75% today.  The 30 year jumbo was at 4.00%.  Whether in New England, the Mid Atlantic or the Mid...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Core Lending)
Comments 7
When getting a mortgage many items are taken into account. These items includes your income, credit scores, assets, expenses, etc. One major expense can be if you have student loans. How mortgages address student loans is different than how we think of them. Such as, if your payments are deferred...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 6
         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 Tizzano, Protect Your Transaction Certified Lender
(Amerifirst Financial, Inc Equal Housing Oppurtinity Lender AZ BK0013635 NMLS 145368 LO:1015837)
Comments 3
  Recently I received a call from a long time friend.  His cousin had just been "hosed" on a home purchase, his words.  The buyer and his wife had both graduated from college and started their careers.  They saved up some money for a down payment and were ready to look into purchasing a home.   T...

By Bridget "Mortgage Mama" McGee, Maryland Mortgage Mama NMLS#196068
(Corridor Mortgage Group 410-960-2061)
Comments 2
How do I get rid of student loan debt in Maryland? If you are a first time homebuyer and you have student loan debt, you might be in luck! *You may even qualify if you are a veteran or are buying in a targeted area!) As of 11/17/2016 The Maryland Mortgage Program just announced the opening of the...

By Tony and Suzanne Marriott, Associate Brokers, Serving Scottsdale, Phoenix and Maricopa County AZ
(Haven Express @ Keller Williams Arizona Realty)
Comments 9
"While this new FHA guideline change will still continue to make it more difficult for Borrowers with Deferred Student Loans to obtain a mortgage, it is more realistic than both the September 14, 2015 guideline, and the prior guideline." Agreed George Souto - and re-blog! On September 14, 2015 FH...

By Kent Simpson, Real Estate Is About People
(Realty One Group Mountain Desert)
Comments 1
If you have deferred student loans and are considering buying a home - you might want to make a decision sooner rather than later. In the latest edition of the FHA Handbook (released today), your student loans may have enough of an effect on your debt/income ratio that your ability to get a loan ...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 10
This will be an interesting process to see how it's implemented.  I think it will save many buyers money but I remain skeptical about the way financial institutions implement such practices:  Here Comes the Appraisal Waiver for Purchase Loans        This past week, Fannie Mae announced they'd be ...

By Arlene Disessa, Local Mortgage Loan Consultant
Comments 16
  Want to BUY a HOME But Do NOT have money for a downpayment in California?In order to buy a home you would generally need at least 3.5% down for an FHA loan and 5% down for a conventional loan.  With rising rents, it is next to impossible for many renters who are struggling to pay their rent, sa...

By Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 0
It used to be a statement credit professionals would avoid. But now with new scoring factors, prepaid credit can help your score significantly. FICO actually takes in consideration that people are trying to start with credit and when they see you get a pre-paid option, especially a powerful pre-p...

By Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 4
 Today's question is what kind of pizza would you like to celebrate with you new line of credit?Our new platinum credit line is waiting for you and you are already approved!   Today we are offering a platinum credit line that will help increase your credit.  This is the safest way to go these day...

By Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 4
People desperate for credit, flood our support centers with statements like this or "I need a large amount of credit." In todays informational blog we will talk about what you need.First of all we have to divide people into different kinds of groups.There are people with1) Excellent Credit2) Good...

By Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 5
  Why wait any longer our tradelines and credit cards will give you the credit score boost you need!   Boost you credit score now in about 30 days          3 Things that will help you boost your credit score   1) Add Credit   Using one of our tradelines or credit cards   http://www.boostyourcredi...

By Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 3
Many times a client might wonder why do they need the trade lines?,they just want credit repair. Tell them this: We want to get rid of your negative, we want to add the positive and then tip the scales....I don’t know if you can see that in your head, tip the scale in your favor... it will offset...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) were down 6basis points today at 103.81 having come to rest 122 points above support offered by the 200 day moving average. The 30 year conforming was available at 3.75% today.  The 30 year jumbo was at 4.00%.  Whether in New England, the Mid Atlantic or the Midwe...

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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
      “It’s a Family Affair”       Dear Joe, We have both worked with this previous client, now looking for your mortgage assistance again. You have done two mortgages for her in the past and she is looking to purchase another home for her sister. Can you please contact Fanny XXXXXX. I told her I...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 4
Fixed term best discounted rates & posted rates as of Sept 6, 2017 6 mos                                 3.10%         3.14%1yr                                     2.44%          3.04%2yr                                     2.54%          2.84%3yr                                     2.69%        ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) were up 19 basis points today at 103.88 having come to rest 129 points above support offered by the 200 day moving average. The 30 year conforming was available at 3.75% today.  The 30 year jumbo was at 4.00%.  Whether in New England, the Mid Atlantic or the Midwe...