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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 2
“We Did It!”   We did it! Hard to believe after two years of 5 of us living in a two bedroom condo and over the last few months both of us working from home and three kids being home schooled.Pretty crazy going from a small two bedroom condo to a 4 bedroom home. You will never know the positive i...

By Mike Bjork
(Pinnacle Home Loan)
Comments 1
http://MikesDailyMarketReport.com: We have some data from the Services Sector today. We'll start with the Markit Services PMI for the month of June, which rose from 46.7 to 47.9. It's counter-part, the ISM Non-manufacturing Index, which is also the "gold" standard for this data, rose from 45.4% t...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 1
The arrival of China's Vice Premier He in Washington over the weekend for the trade deal signing prompted Robbie C. to send over this play by play at the Phase One signing    Costello: Do you know the fellows' names? The signers?Abbott: Well, I should.Costello: Well then who is speaking first?Abb...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Treasury prices closed near unchanged in yesterday's holiday shortened session. The 10-yr yield was at .67% in quiet trading. Stocks are higher on strong jobs data amid virus fears. Bonds closed at 2:00 p.m. ET, stocks at regular time, 4:00 p.m. ET. All markets are closed today in observance of I...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
TODAY'S TOP STORIESA Guide to Surviving Financially as the Bills Come DueThe coronavirus has dealt a financial blow to millions of Americans and now April’s bills are coming due – but reach out to lenders and others for help. Read more Pensacola's Need To Know?Little Change in Long-Term Mortgage ...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
TODAY'S TOP STORIESFinally! Guidance on Applying for Federal Unemployment BenefitsThe first step is to be denied state benefits. Then Realtors and self-employed Floridians will be notified on how to apply for federal unemployment assistance (PUA). Read more Pensacola's Need To Know?FHFA: No Lump ...

By Seesan Ed, Real Estate Agent | Mobile Notary in DE
(206 715 1642)
Comments 0
If your financial life now is perfect, then in my opinion you don’t need a reverse mortgage at all. But if you are in the same boat as many of us, and If you haven't set up your HECM line of credit now, a couple of years from now you may not be able to obtain a line of credit  for an amount you a...

By Seesan Ed, Real Estate Agent | Mobile Notary in DE
(206 715 1642)
Comments 0
A Reverse mortgage HECM program allows many people, who own their own home and are age 62 or older, to draw on  the  equity  money from their home value. The homeowners are not obligated  to make any monthly payments as long as they or their surviving spouse live in the house or die. You can disp...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 0
 “Difficult, but Important Decisions Required”  Hi Joe, Hope this email finds you well. We are in the process of making some very hard decisions regarding our business. The bottom line we may be closing, but prior we want to get our refinance completed. I know, I know you have been recommending w...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
TODAY'S TOP STORIESSmall Business Loans: SBA Says It’s Run Out of MoneyBusinesses hoping for federal relief under the $2.2 trillion CARES Act will apparently have to wait if they do not yet have a loan number. Congress generally agrees to add funds to its rescue programs but disagrees on details,...

By Seesan Ed, Real Estate Agent | Mobile Notary in DE
(206 715 1642)
Comments 0
The idea of Reverse mortgage basically is- converting your equity in your home into an income flow, until you and your spouse are no longer, or have moved out the house.During this time period you make no mortgage payments.  But interest accrues on all the  amounts you have taken out.  At the end...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 0
   “Facebook and LinkedIn doing Good Work”  Mr. Petrowsky, I got your name and contact information from two different people. I am part of a Facebook group in my town. I shared that I was considering refinancing and got two responses, both of which you recently did mortgages for. They gave you gr...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 0
‘Our Needs Change as We get Older’  A 77-year-old man is having a drink in a Chicago bar. Suddenly a gorgeous girl enters and sits down a few seats away. The girl is so attractive that he just can't take his eyes off her.After a short while, the girl notices him staring, and approaches him. Befor...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 0
“If Credit Scores are an Issue, Call Me”  Mr. Petrowsky, Your name was given to me by XXXXXXX Bank. They said they felt bad for us, as we were all approved and just waiting for our closing which was supposed to be next week. They called us indicating they can no long close our mortgage as our cre...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
TODAY'S TOP STORIESSmall Business Loans: SBA Says It’s Run Out of MoneyBusinesses hoping for federal relief under the $2.2 trillion CARES Act will apparently have to wait if they do not yet have a loan number. Congress generally agrees to add funds to its rescue programs but disagrees on details,...

By Richard Zaretsky, Florida Real Estate Attorney
(THE ZARETSKY LAW GROUP - Board Certified Real Estate Atty and AUTOMATED LAND TITLE COMPANY)
Comments 32
Under Florida real estate law the new owner is liable for the old past due assessments from the prior owner.  The typical facts are that the homeowner stopped paying the association and the mortgage. The association then forecloses first and often the association is the winning bid at their forec...

By Richard Zaretsky, Florida Real Estate Attorney
(THE ZARETSKY LAW GROUP - Board Certified Real Estate Atty and AUTOMATED LAND TITLE COMPANY)
Comments 27
Several association boards of directors have problems understanding the homeowner association lien rights and how the Florida “safe harbor” exemption to payment works. This article applies to when the investor makes a loan and then forecloses it and gets title at the foreclosure sale.An important...
The headlines are telling about the global economic crisis, caused by the COVID pandemic. The decline of dollar and oil, tense political situation, and exhausted state budget seem removed and far from our lives. The truth is, financial troubles are closer than one can imagine – a hundred thousand...

By Seesan Ed, Real Estate Agent | Mobile Notary in DE
(206 715 1642)
Comments 0
Whether you are retired or not, If you're a senior citizen, 62 or older,  and in need of opening up into a source of income to enhance your cash flow either to supplement your income for expenses during COVID crisis, to pay for medical  expenses, to meet expenses for your child's school admission...

By Mike Bjork
(Pinnacle Home Loan)
Comments 2
http://MikesDailyMarketReport.com: We have a few manufacturing reports today, which the first is Markit Manufacturing PMI remained Unchanged at 39.8 in May; and it's counter-part, the ISM Manufacturing Index rose from 41.5% to 43.1% in May. Below 50 on these indexes mean contraction. Construction...