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 JoAnn Moore, Home Loans in Delaware
(The Mortgage Market of Delaware)
Comments 12
How To Improve Credit Scores Suggestions for help in improving credit scores: Collection accounts- Accounts that have gone into collection within the last couple of months; pay them off and obtain proof of payment. Accounts that have gone into collection within the last 4-12 months; just leave th...
By Five Stars Mortgage, Florida USDA, FHA and VA Loans
(Five Stars Mortgage)
Comments 0
Many great benefits of the 100% VA home loan program here in Lake County.  Backed by the U.S. Department of Veterans Affairs, VA mortgages were developed to assist active military personnel, veterans to become homeowners at an affordable cost. The Florida VA loan requires no down payment, require...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY October 23, 2014, 7:45 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-6 Day Close: LOCK 7-15 Day Close: LOCK 16-30 Day Close: LOCK The price for 3.50% Mortgage Loans based on MBS is currently Up 0.04 point. MORTGAGE MARKET INDICATORS FHLMC Weekly Ave...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 22
“Interest Only Doesn’t Mean You Have to Pay only Interest”   A few years ago, I did a refinance for clients that were referred by their financial advisor. They wanted to refinance their existing mortgage, which I did, at 4% interest rate. They also wanted a $100,000 home equity line, which I got ...
Property division, especially when it involves the marital home, can be a hotly contested aspect of a divorce.  But what if a couple has one or more rental properties?  How the property is split is a matter for divorce courts.  Legally speaking, divorcing couples can co own rental property, but i...
By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Douglas Elliman Real Estate)
Comments 5
    Famed Delano Hotel up for sale           Morgans Hotel Group has begun an asset unloading via a multiple-metropolis-strategy: in addition to the Art Deco-style Delano South Beach hotel with a tag of $200 million, they're also looking to offload the Hudson Hotel on Columbus Circle. In an about...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Some good news on corporate earning generated a strong rally in stocks today.  Blue chip Caterpillar showed strong earnings and increased its outlook  for the rest of the year.  The Dow which was up over 300 points at one point during the session closed up 219 point to join strong performances fr...
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 Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Mortgage backed securities (MBS) closed down 28 basis points today at 103.47 having fallen below support offered at the 103.56 level for the first time in eight sessions.  another strong rally in stock occurred today and this time the normal result of a sell-off in bonds took place.  The 30 year ...
By Mike Aavang, FHA USDA VA HOMEPATH CONVENTIONAL
(Wallick & Volk Arizona's #1 Mortgage Lender)
Comments 0
http://rismedia.com/2014-10-21/final-mortgage-ruling-nixes-20-percent-down-payment-requirement/  
By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
Comments 2
Money is a delicate issue. How much we earn and how much we owe is information many of us prefer to keep close to the vest. If you’re concerned about detailing your finances to your real estate agent, rest assured that there’s plenty of privacy in the client/agent relationship.  In their wheelho...
By Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent
(Prudential PenFed Realty, "The Real Debbie Reynolds" Your Clarksville Real Estate Professional, 931-920-6730)
Comments 40
You Can Lead a Borrower into Loan App, But You Can't Make Him Comply What can happen when you disregard the advice of your agent and the loan officer? That's right, you will get your loan denied. That is exactly what happened to the buyer on my listing. He thought he was the exception to the rule...
By Donald Payne
(Vision Realty)
Comments 1
The mortgage crisis that began at the end of 2007 came about because lenders allowed borrowers more money than they could reasonably afford. Consumers took on more debt and ended up foreclosing or short selling because their ARM's came due when interest rates rose.    Currently, lenders must prov...
By Brian Heckman, Brian Heckman- Florida Mortgage Lender
(The Heckman Group)
Comments 1
     More and more Americans will now be able to qualify for a mortgage because of an agreement reached by Fannie Mae and Freddie Mac with national lenders.         Before, strict Federal Regulations as a result of the subprime crisis have made it so risky for lenders to extend credit to just on...
By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
Conventional 30 year Mortgage: 4.125% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.39% FHA 30 year:3.875% Credit Score:640 LTV:96.5% loan amount:$200k APR:5.37% Conventional 15 year:3.25% Credit score:740 LTV:80% Loan Amount:$200k APR:3.42%   Rates are Subject to Change Call me today if you ...
By Bill Ladewig, Experience Is Your Advantage
Comments 2
MORTGAGE INTEREST RATE LOCK ADVISORY October 21, 2014, 7:45 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-6 Day Close: LOCK 7-15 Day Close: LOCK 16-30 Day Close: LOCK The price for 3.50% Mortgage Loans based on MBS is currently Up 0.04 point. MORTGAGE MARKET INDICATORS FHLMC Weekly Ave...
By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
Comments 8
It's always a vehicle purchase, isn't it. Shucks, I've seen buyers turned down because of the "inquiries" on their credit report.  ALL FROM CAR DEALERSHIPS. All that does is alert the lender to the fact that, once the home in purchased, that buyer plans to buy an expensive vehicle. They think the...
By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 2
  FNMA has announced the discontinuance of the HomePath and HomePath Renovation products.   Any FNMA owned property,  wishing to use the current enhancements such as no MI and no appraisal,  must have the contract of sale executed on or before October 6, 2014.     All loans with a fully executed ...
By Mike Bjork
(American Pacific Mortgage)
Comments 2
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 Nicole Doty, Broker/Owner of Zion Realty ZionRealtyAZ.com
(Zion Realty)
Comments 2
The regulator of mortgage giants Fannie Mae and Freddie Mac is reportedly working on a deal with the financing entities that will loosen up lending standards and make mortgages more affordable for those with less-than-perfect credit. The move is expected to expand home buyers’ access to financing...