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 Connecticut)
Comments 27
Fannie Mae Guideline Change For Properties On A Private Road.  I wrote a blog on Thursday, August 6th titled "Underwriters Do Have A Sense Of Humor" in which I blogged about a question I asked my Underwriter and the response I received.  The question was on the Fannie Mae Guideline For Properties...
By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
Comments 7
ATTENTION:  For Agents in Rural areas or homes anywhere with a shared driveway.  THIS IS HUGE!! Private Maintenance Agreements are particularly helpful for agents, buyers and sellers in rural area but also helpful for agents, buyers and sellers in suburban areas where home sites with shared drove...
By Jeanne Dufort, Madison and Lake Oconee GA
(Coldwell Banker Lake Country)
Comments 2
Privacy is a treasured attribute for buyers of rural properties in Georgia's Lake Country - and frequently the most private home settings are accessed via shared driveways or private roads. Some of these have existing maintenance agreements, but many do not, relying on common sense, cooperation a...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 26
“Love Being a Fly on the Wall”   Gail and I were at a birthday party on Sunday at the home of dear friends. At one point I was sitting on the deck, it was pretty nice out. Seated next to me were two real estate agents, each talking about how badly their recent deals were going because of the loan...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY September 26, 2014, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY Today: FLOAT 7 Day Close: FLOAT With Caution30 Day Close: LOCKThe price for 3.50% Mortgage Loans based on MBS is currently down 0.01 point. MORTGAGE MARKET INDICATORS    FHLMC Week...
By Erica Ramus, MRE, Schuylkill County PA Real Estate
(Erica Ramus - Ramus Realty Group - Pottsville, PA )
Comments 3
In Schuylkill County real estate we frequently see private roads serving more than one property, and even shared driveways. Check this out. Fannie Mae Guideline Change For Properties On A Private Road.  I wrote a blog on Thursday, August 6th titled "Underwriters Do Have A Sense Of Humor" in which...
By Mike Rankin, Mortgage Consultant
(Right Trac Financial Group, Inc. NMLS #1120429)
Comments 4
Who is your ideal client? Here is mine...   I met Jennifer at my office one Saturday morning to help her get pre-approved.   One look at her finances and I knew this was not going to be a cookie cutter transaction.  For starters she was on the deed to her current residence, but the NOTE was in he...
By Janis Borgueta, LIC R.E Salesperson - Homes for Sale Newburgh NY
(Key Properties of the Hudson Valley ~ 845-527-7115 )
Comments 3
Current Housing Market Conditions New Windsor NY Housing Market Report – August 2014 Update  First time home buyers are happily moving into the New Windsor housing market. Choices everywhere as the inventory of New Windsor homes remains consistent. Stats show that fewer homes transferred title ag...
By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - BRE #01368971)
Comments 1
Interest rates for buying a home on the Palos Verdes Peninsula moved up this week to levels not seen since May of this year.The following are excerpts from the newsletter on interest rates published by HSH Associates :   "This week, a small multi-week rise for mortgage rates proved unsustainable,...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 2
Stocks started poorly this morning and then fairly fell off a cliff.  Although S&P futures opened flat, new that August durable orders were off by 18.2% took traders by surprise and they began to sell.  Despite learning after analysis that the downturn was mostly caused by fluctuation in aircraft...
By Mike Bjork
(American Pacific Mortgage)
Comments 0
http://MikesDailyMarketReport.com: Provides the mortgage interest rate trends and navigates through the current interest rates for home loans.  Mike Bjork provides this daily service by watching the interest rates in California by projecting his thoughts on the mortgage interest rates forecast.  ...
By Steve Reed, Steve Reed Branch Manager | Benchmark Home Loans
(Benchmark Home Loans)
Comments 0
Economic growth surged in the second quarter of 2014, after the anemic reading that was seen in the first quart of this year. The big gains were led by an uptick in exports and business investments. The Bureau of Economic Analysis (BEA) reported that the final reading for 2nd quarter Gross Domest...
By Kate Ford, Ask Kate a mortgage question...
(Get-Your-Best-Mortgage-Rate.com)
Comments 3
Quit interacting with debt and you might find your credit score surprises you. Two common  (and opposing) misconceptions: Consumers who quit borrowing money will be able to maintain their current score. Consumers who quit borrowing money will eventually lose their credit score altogether. Actuall...
By Ricky Khamis, NMLS 173141 | CADOC 173141 - 480-339-1565
(Amerifirst Financial, Inc.)
Comments 0
This should help you with your clients, my advice to you is get your clients in front of me no matter when their issue or what their issue was.  That way I can set them on a path of follow up so when the time does arise we both earned their business. Federal Housing Administration (FHA) Foreclosu...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY September 25, 2014, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY Today: FLOAT 7 Day Close: FLOAT With Caution30 Day Close: LOCKThe price for 3.50% Mortgage Loans based on MBS is currently down 0.25 point. MORTGAGE MARKET INDICATORS  FHLMC Weekly...
By Jason E. Gordon, Residential Mortgage Specialist, CMPS, CDPE, CMHS
(AmeriFirst Financial Inc, San Diego, CA)
Comments 0
Global bond yields declined overnight.  Global bond yields declined overnight, lifting MBS this morning. Today's US economic data came in very close to expectations and had little impact. Compared to Friday's closing, the market has opened with a 0.125 IMPROVEMENT for the Points/Credits associate...
By Eric Boucher, The FHA/VA Condo Project Approval Guy
(ReadySetLoan Condo Team LLC)
Comments 28
This is Not Your Father’s FHA Loan The FHA loan program is in a process of constant evolution to remain competitive in the market, mitigate risk to its insurance fund and fill the niche role for which it was designed.  The qualifying criteria for FHA loans have changed a great deal even since I ...
By Mike Bjork
(American Pacific Mortgage)
Comments 1
http://MikesDailyMarketReport.com: Provides the mortgage interest rate trends and navigates through the current interest rates for home loans.  Mike Bjork provides this daily service by watching the interest rates in California by projecting his thoughts on the mortgage interest rates forecast.  ...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Mortgage backed securities (MBS) closed up 22 basis points at 105.41 having risen up through resistance offered by the 25 day moving average prior to closing just one basis point below it.  MBS bonds continued their surge upward causing loan originators to float rates for clients in hopes of cont...
By Eric Boucher, The FHA/VA Condo Project Approval Guy
(ReadySetLoan Condo Team LLC)
Comments 13
How Long Does it Take to Obtain an FHA Condo Approval? Although I receive this question almost on a daily basis, I haven’t taken the time to write it all down.  Scott Godzyk’s article How LONG will it take a home to SELL if it is listed today? inspired me to commit my response to writing. As with...