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 25
My first blog in this series on waiting periods on Mortgage Programs after a Foreclosure and Short Sale was "Fannie Mae Waiting Periods For Foreclosures And Short Sales".  Today I will continue the second blog in the series with FHA Waiting Periods For Foreclosures And Short Sales.  As I stated i...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 28
A question I am asked by Borrowers who have gotten themselves in trouble financially in the past, and are now working to get their finances back in order is, Does Consumer Credit Counseling Disqualify A Borrower For A Mortgage?  The quick answer is NO, just participating in Consumer Credit Counse...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 31
“If I’m a Seller and This is this the Best the Agent Can Do?”     I just don’t get it, the property this was being offered was priced at $99,900 and this is the image that is shown in the MLS system.  To me, it doesn’t matter the price, but a photo, best possible photo needs to put a property in...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 29
“Pre-Listing Home Inspections”       Past clients of mine, contacted me to get preapproved, as they planned on selling their home and purchasing another. As we discussed the process, they let me know that their home could use some repairs, but weren’t sure how far they should go.   I advised the...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 34
“It’s OK, if You Don’t Read My Blogs”     I had to laugh when I got the message below, letting me know he doesn’t like having to open so many of my posts. OK, I admit it, I post a least one blog per day, but this was a new one on me. I was not aware that I had to open anyone’s post or how about ...
By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 2
Is your website app friendly? Please visit the original blog if you wish to leave comments. “Websites that are NOT App Friendly”     I owe a special thanks to Kyle Reyes for this website coaching on how to get better results. He asked me one day about the analytics for my website. “What the heck ...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 4
Stocks forged farther into record territory as the "Santa Claus" rally continued today.  It is rather remarkable that the last week of the year experiences rallies about 73% of the time.  There certainly is a lot to be known about trends and resistance and support when trading stocks, bonds and c...
By Randy Kirsch, (NMLS# 1012303) Your Dedicated Mortgage Consultant
(Right Trac Financial Group, Inc., NMLS# 2709)
Comments 34
Another group of mortgage lenders has contacted HUD Secretary Julian Castro, urging him to lower the FHA mortgage insurance fees.  In a letter dated December 18, 2014, Bill Cosgrove, Chairman of the Mortgage Bankers Association, indicated that, "MBA thinks mortgage insurance premiums are counterp...
By Ron & Alexandra Seigel, Luxury Real Estate Marketing
(ra@napaconsultants.com)
Comments 121
Here is what we have gleaned from sitting in on numerous photo shoots with some of the top portrait professionals, and what you can observe from looking at movie posters when the stars are featured as part of the advertising.  The eyes are the “windows of the soul”.  Notice that Angelina Jolie’s...
By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - BRE #01368971)
Comments 2
Interest rates for buying a home on the Palos Verdes Peninsula remained steady this week.The following are excerpts from the newsletter on interest rates published by HSH Associates :   "Quiet financial markets are typical this time of year, and even though equity markets continue to notch new hi...
By Jeff Sipes, Blue Water Credit
(Blue Water Credit)
Comments 85
Hey, you!  Yeah, I’m talking to you!  The guy sitting there in Starbucks checking his bank balance on his iPad.  Or the nice old lady waiting for her social security check to be delivered to her mailbox.  Or even the family who doesn’t shred their junk mail before tossing it out.  I’m going to le...
By Ginny Gorman, Homes for Sale in North Kingstown RI and beyond
(Phillips Post Road Realty ~ 401-529-7849~ RI Waterfront Real Estate)
Comments 7
Knowing FHA Short Sale and Foreclosure Waiting Periods   George Soutu, Connecticut mortgage lender, simply puts it out there to know and be aware of the facts, not fallacies, of the waiting periods required to buy another home after a FHA short sale or foreclosure.  Many real estate agents will t...
By June Piper-Brandon, Piecing Dreams One Home at a Time
(Century 21 New Millenium)
Comments 4
If only people would use their skills and knowledge to do good!!  But, since that isn't likely to happen any time soon we all need to be more prepared and aware of opportunities where people may acquire information about our identities.  This is a very well written blog that sets out ways by whic...
By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(Keller Williams Realty)
Comments 3
Once you read this post (a re-blog) - and many other written by George Souto you'd know he is an expert in his field. Better start following him soon!   My first blog in this series on waiting periods on Mortgage Programs after a Foreclosure and Short Sale was "Fannie Mae Waiting Periods For Fore...
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 3
Well in a close to final year end commentary regarding rates here is the driving force in the market currently. What does it all mean? Simple dont expect a ny major movement between now and Jan 1 but also dont get lulled into sleep as holidays, at times, can make rates make unexpected movements.....
By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
Comments 1
Ron & Alexandra Seigel, shared this wonderful classic post that can be used many times over. The array of details and data will surely benefit you and your present or future clients. It is detailed and right to the point. It should also help with any gray areas, to give you an upper hand with th...
By Ginger Harper, Your Southport~Oak Island Agent!
(Coldwell Banker Sea Coast Advantage)
Comments 1
This is valuable information for those of us that do Foreclosures and Short Sales. Thanks for sharing it with us.     My first blog in this series on waiting periods on Mortgage Programs after a Foreclosure and Short Sale was "Fannie Mae Waiting Periods For Foreclosures And Short Sales".  Today I...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY December 26, 2014, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-6 Day Close:  LOCK 7-15 Day Close: LOCK 16-30 Day Close: LOCK MORTGAGE MARKET INDICATORS FHLMC Weekly Average:30-Yr FRM, on 12-18-14: 3.83% - Up 0.03%MBS (3.5%) - Currently, 103.8...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 13
  Fannie Mae Waiting Periods For Foreclosures And Short Sales.  While Foreclosures and Short Sales have substantially decreased in many parts of the County, here in Connecticut and other parts of the Northeast we continue to see more than our fair share of them, so it is important to continue to...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 17
“28 Months to Get a Mortgage”       Not a misprint and very proud of the result and was my way to “Pay it Forward”. This woman was referred to me by a bankruptcy attorney. He felt for the amount of debt it might not make sense for her to file bankruptcy, a total of $10,000 in credit card debt.  ...