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 can Absolutely do another FHA Mortgage for this Client”   Good morning Joe, hope all is well.  This couple we did bought a home in Springfield a couple of years ago. They are now asking me about purchasing in Hamden or Wilbraham and how much money they would need to come up with. For sure the...

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 Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.04% 2.99% Fixed 2 Year 3.24% 3.19% Fixed 3 Year 3.44% 3.09% Fixed 4 Year 3.89% 3.44% Fixed 5 Year 5.14% 3.29% Fixed 7 Year 5.30% 3.44% Fixed 10 Year 6.10% 3.99% Variable Rate 2.40% Prime Rate 3.45% Benchmark Rate 5.34% Cost per ...

By Khash Saghafi, Mortgage Loan Officer, Cleveland Ohio
(Liberty Home Mortgage Corporation)
Comments 6
Here is Khash's solution to income problems -- CO-SIGNORS.Two other lenders declined a borrower who is supposed to close shortly and the only question I asked which the other two did not was -- can mom & dad co-sign?? Remember -- co-signors can help resolve INCOME issues (especially for those who...

By Bob Thompson, 562.344.5626 | ALT Doc, No Income HELOCs, BT Capital Advisors - Commercial & Residential
(BT Capital Advisors, CEO/Senior 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 Sally K. & David L. Hanson, WI Realtors - Luxury - Divorce
(Keller Williams 414-525-0563)
Comments 25
. Once again this month, our monthly purple envelopes were hard at work with a referral from a past client.  He had a co-worker that wanted to escape suburbia and move out to an area that was a "little bit country." He knew that we had orchestrated the sale of his house and the purchase of a new ...

By Barbara Todaro, "Franklin MA Homes"
(RE/MAX Executive Realty )
Comments 3
source of downpayment is often a challenge to buyers/buyer agents.....  you'll enjoy and learn from this one... I think that the most frustrating part of every transaction is verifying the down payment when it is being gifted or the borrower is getting it from an asset or saving it up across the ...

By YourSiteNeedsMe SEO Team, $399 Real Estate Websites - YourSiteNeedsMe.com
(YourSiteNeedsMe.com)
Comments 0
Are you a real estate investor near Atlanta wondering about the loan criteria for a hard money loan? Perhaps you've always managed with your own funds or traditional financing, but no are considering a hard money loan. Be careful not to end up on a brokerage page. Find a genuine, honest, hard mon...

By Khash Saghafi, Mortgage Loan Officer, Cleveland Ohio
(Liberty Home Mortgage Corporation)
Comments 9
Many homeowners who were affected by the crash a decade ago (was it that long ago?) owned homes and filed for bankruptcy.  Here are some bulletpoints on bankruptcy and mortgages: There is no such thing as, "I didn't put my house into my bankruptcy". When you file for bankruptcy, everything is IN ...

By Barbara Todaro, "Franklin MA Homes"
(RE/MAX Executive Realty )
Comments 3
Khash did a great job of simplifying the details of Bankruptcy and how your mortgage fits into that scenario.... thanks Khash.... Many homeowners who were affected by the crash a decade ago (was it that long ago?) owned homes and filed for bankruptcy.  Here are some bulletpoints on bankruptcy and...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Renewed tariff woes with China are helping the U.S. Bond markets today while pushing the Dow Jones Industrial Average, S&P 500 and the NASDAQ lower as the week comes to an end. President Trump has approved tariffs on $50 billion worth of Chinese goods imported into the U.S. An official announceme...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed up 3 basis points today at 101.66 having remained above support offered by the 25 day moving average and come to rest 8 basis points above it.  The 30 year was available at 4.625% day.  My jumbo pricing is now sizzling!  The 30 year jumbo for $1 million was...

By Stephen Katz, Branch Manager, CMPS
(Katz Mortgage Team, a branch of VanDyk Mortgage Corporation)
Comments 0
More and more of the millennial generation are interested in homeownership. The way that millennials find their home has changed because they are living in a world that is ruled by technology.  According to the chart below, Millennials, ages 18-34, cover 42 percent of all home buyers today. First...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“Owner Financing was the Best Decision based on the Situation”     Hi Joe.  Thank you so very much for meeting with Mike and I yesterday.  You certainly know your stuff and really appreciate your input. Hopefully Mike and I will work on a proposal for the owner. He was the one who offered it so h...

By Rummy Dhanoa, Rummy Dhanoa Real Estate Experts
(Rummy Dhanoa Real Estate Experts )
Comments 2
  Should home buyers and savers be worried about the Fed rate hike? Here are a few things we should know about to help us prepare for this impending change.With the Fed announcing another rate hike Wednesday, borrowing costs will head even higher for consumers. The good news is some bank customer...

By Lance Morgan, NMLS#742281
(Fairway Independent Mortgage Corporation - FIMC NMLS#2289 Equal Housing Lender)
Comments 2
Interest rates are among the top concerns for most buyers considering a home purchase. While you may have recently seen that interest rates are rising, they are still low, historically-speaking — making now a great time to purchase your dream home. Check out the graphic below for more information...

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 Darin Osenberg
(Funky Quail Vintage)
Comments 53
Hello everyone!  Everyone on AR,and in the Realestate Market...I am sure KNOWS that USDA loans (where applicable) are arguably the BEST PRODUCT OUT THERE!!!  However, did you know that you can purchase a home that needs some LOVE and FINANCE the improvements?  All with NO MORTGAGE INSURANCE AND A...

By JoAnn Moore, Home Loans in Delaware
(The Mortgage Market of Delaware)
Comments 24
  Benefits of a Reverse MortgageOver 12,000 Americans turn 62 every day. One of the biggest concerns of those retiring from the workplace is how to maintain their lifestyle and manage their finances. Many people in this demographic prefer to continue to live in their own home and age in place. On...

By Kurt Davidson, Real estate agent serving Greater Portland, OR
(Davidson Home Group | Keller Williams Portland Central)
Comments 0
Download your HOME SEARCH appWhat’s my HOME WORTH in today’s market?With home values appreciating at record rates, some are concerned that we may be heading for another housing bubble like the one we experienced a decade ago. One of the major culprits of that housing boom and bust was the looseni...