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 Eric Boucher, The FHA/VA Condo Project Approval Guy
(ReadySetLoan Condo Team LLC)
Comments 14
97% Financing - Fannie Mae Releases Selling Guide 1.27.15 Fannie Mae released its updated version of the Selling Guide on January 27, 2015.  The majority of the changes stem from its earlier announcement to reintroduce 97% financing for single-family homes.  It had previously capped the loan-to-v...
By Janis Borgueta, LIC R.E Salesperson - Homes for Sale Newburgh NY
(Key Properties of the Hudson Valley ~ 845-527-7115 )
Comments 43
Amazing Stories - House Appraises BUT Still Loan Denied Questionable value being blamed, but is it true?  As the listing agent on a condo I love it when a ready, willing and able buyer comes along, even with another agent. A showing on the property and a buyer falls in love! A little romance in l...
By Lisa Delzompo, Experienced, Trusted, & On Your Mission: Home
(PRW Lending, Inc)
Comments 1
There are 6 top factors or drivers that move interest rates: * Economic data -- Interest rates go UP when non-farm payrolls are higher than expected, unemployment rate goes down, or with better than expected economic data in general; rates go DOWN when jobs data is stagnant or declines, manufact...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 20
“Refinancing to Make Other Investments”     I get real uncomfortable when someone tells me they want to refinance to make investments. So many people have taken all the equity out of their home, made investments and the investments didn’t do well or were lost all together.   I had done a mortgag...
By John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 15
Mortgage Pros - Protect Your Pipeline             Referrals.  They're the key to building a business.  Repeat clients, referrals from past clients, and referrals from referral partners should be your foundation and primary focus in marketing if you plan to work in the mortgage business for any le...
By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 0
  Fulfilling the DREAM of home ownership, It’s not just a transaction. I never forget the joy we bring to every new Family when we close a loan.         Have a great weekRob Robert Rauf Mortgage Loan Originator NMLS ID# 248937 http://www.homebridge.com/RobertRauf or my blog: http://activerain.com...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 23
    “Long Distance Mortgage Applications”     I am fortunate that I get clients from most states and even out of the country. Many ask how difficult it is to do mortgages without being face to face, the bottom line, there is almost no difference.   My preference is always to be face to face, but ...
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 1
Mortgage backed securities (MBS) closed up a whopping 50 basis points today at 103.50 having broken through resistance at the 103.40 level and having risen to within 3 basis points of the high of May 10, 2013.  MBS bonds find themselves in truly rare air.  Today's large sell off in stocks pushed ...
By Mike Tizzano, Protect Your Transaction Certified Lender
(Amerifirst Financial, Inc NMLS 145368 LO:1015837)
Comments 0
With the new FHA MIP rates becoming effective this week here is a look a back at where FHA MIP rates have been historically: Effective Date Downpayment Upfront MIP Annual MIP Prior to 7/14/2008   1.50% 0.50% 7/14/2008 2.25% 0.55%   > 5% 1.25%-2.25%* .50%-.55%* 4/5/2010 2.25% 0.55%   > 5% 2.25% 0....
By Ginger Harper, Your Southport~Oak Island Agent!
(Coldwell Banker Sea Coast Advantage)
Comments 3
This is true.  When folks are putting a substantial amount of money down...the bank does not care where the appraisal comes in. Amazing Stories - House Appraises BUT Still Loan Denied Questionable value being blamed, but is it true?  As the listing agent on a condo I love it when a ready, willing...
By Cook Real Estate Services
(Cook Real Estate Services)
Comments 1
First-time homebuyers are projected to be more active in this year’s housing market. Though the challenge of buying a home for the first time can seem so daunting, people still want to pursue the possibility of home-ownership and to become new homeowners. There is a great benefit in knowing what ...
By Jessica Wallace, Santa Cruz Realtor (831) 419-9345
(Coldwell Banker - Santa Cruz)
Comments 0
THE COST OF WAITING TO BUY A HOME  If you have been paying attention this January you will have noticed that interest rates hit their lowest levels since May of 2013.  If you are thinking of buying a home this is something that you really need to pay attention to.  Just a slight rise in interest ...
By Joey Barrow, changing people's lives assisting w/their Mortgage
(AnnieMac Home Mortgage)
Comments 0
Click on the link below for story. Mortgage Rates UP for first time this year! We're here to help change people's lives and assist with your dream of home ownership or improve your financial situation with a refinance. Contact us today... AnnieMac Home Mortgage www.joeybarrow.com or 252-917-5151. 
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Stock futures were falling early ahead of the government's announcement of the 4th quarter GDP.  When the announcement was made they fell into an oubliette.  An oubliette was a prison cell with just a trap door at the top.  Prisoners placed in there were considered forgotten (from the French verb...
By Justin Fitzhugh, Mortgage branch opportunities in 47 states
(Nations Lending Corporation)
Comments 0
Earlier this week Fannie Mae released its 2015 Economy Outlook which indicates the economy has dragged housing upwards.    The agency forecasts 2015’s  economic growth will have an impact in housing    Low gasoline prices, strengthening labor market, rising household net worth, and improving con...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 82
“Blogging Your Story, So Others Get to Know You”     Referrals are the lifeblood of my mortgage practice. I never take them for granted. This week I have gotten two referrals from Realtors I have never met or heard of before.   In each case I got a call directly from the clients.  I always ask w...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY January 29, 2015, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-6 Day Close:  FLOAT - NEUTRAL 7-15 Day Close: NEUTRAL 16-30 Day Close: FLOAT MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on 01-29-15: 3.66% - Up 0.03% Rate Price Base...
By Richard Smith, We help people own their dream homes.
(Success Mortgage Partners)
Comments 0
New FHA Guidelines will SAVE YOU Hundreds Now Watch this short video to see how easy it is to save you lots of money with the new guidelines FHA released! Do you have any questions and/or want to find out how much we can save you?Call Richard at 281-994-4240 or email richard@therichardsmithteam.c...
By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 1
Let's put some numbers into perspective: On average over the past 30yrs it would cost $1,467/month to borrow $200,000. Today it costs $926/month to borrow $200,000. The LOWEST I ever saw rates a few years ago it would have cost about $880/month. This time last year that same $200k would cost $1,...