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 John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 63
Here a Rush, There a Rush, Everywhere a Rush, Rush          Volume is up.  That means turntimes are up.  Along with stress levels.  Deadlines are approaching everywhere.  The only thing that typically doesn't go up when volume goes up is levels of customer service.  And I don't care if the BBB an...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY March 27, 2015, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-6 Day Close:  FLOAT With Caution 7-15 Day Close: FLOAT With Caution 16-30 Day Close: FLOAT With Caution MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 3-26-15: 3.69% -...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 30
“Beer Budget and Champagne Taste”   Brenda wanted to own a nice three bedroom ranch, but her budget was $150,000. In the area she wanted to live $150,000 wouldn’t give her what she wanted for her family.   Her Realtor called me regarding doing an FHA 203 K loan as the bank that did her pre-quali...
By Bill Ladewig, Experience Is Your Advantage
Comments 2
MORTGAGE INTEREST RATE LOCK ADVISORY March 26, 2015, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-6 Day Close:  LOCK  7-15 Day Close: FLOAT With Caution 16-30 Day Close: FLOAT With Caution MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 3-19-15: 3.69% - Down 0.09 Po...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 44
“$200,000 in the Bank, $80,000 Car with no Debt”   The best part is two years of tax returns that show about $6,000 in net income. He asked a great question, “Why won’t my bank give me a mortgage they know how much money goes through my checking account?”   Fortunately for me banks can’t lend to...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 21
“This Short Video Will pull at Your Heart Strings”   https://www.youtube.com/watch?v=3bdm4NBYxII       What immediately came to mind was, how many in this country that are unemployed or under employed that feel shame, have fear and feel helpless but think about the children. How do they feel?   ...
By Matt Brady, Lending With Competence And Character
(New American Funding)
Comments 0
This past week may have been the best week to lock in 2015! Especially for Jumbo financing. Rates on 30 year fixed loans on Wednesday for the best borrowers were 3.625% to 3.75% FIXED.   My near term outlook remains positive, and rates are still historically amazing. However, the magnitude of the...
By MICHAEL IUCULANO, ABSOLUTELY THE FASTEST HARD MONEY LENDING THERE IS
(HANSON CAPITAL GROUP#1115218 #FASTCLOSINGS #STRAIGHTFORWARD)
Comments 0
  The Skinny on Hard Money The facts about Hard Money Lenders So many first-time investors are interested about the hard money lending process. What is it? Is it valuable? Can I potentially benefit from it? I would like to share with you a few of the fundamental principles about hard money lender...
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 11
Market on the Hump - 3/25/15          Up, up, DOWN.  I've said it before, and I'll say it again until it's no longer true.  Rates go up faster than they go down.  We saw it again as rates improved over the past 2 weeks, to the point where we're once again near historic lows.  The week started off...
By Ron & Alexandra Seigel, Luxury Real Estate Marketing
(ra@napaconsultants.com)
Comments 129
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 Troy Evans, CinchHomeLoans.com NMLS 399255, 309441
Comments 0
Rate update for March 27, 2015.    30 Year Fixed Rate Conventional Loan 3.625% Rate, 3.625% APR, $1,459.36 P&I Payment, $489.00 TOTAL LENDER FEES 3.75% RATE, 3.75% APR, $1,481.97 P&I Payment, -$1,818.20 TOTAL LENDER CREDIT   15 Year Fixed Rate Conventional Loan 2.875% Rate, 2.921% APR, $2,190.67 ...
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 Eric Boucher, The FHA/VA Condo Project Approval Guy
(ReadySetLoan Condo Team LLC)
Comments 21
Condo Unit Financing Almost Killed Due to Reserve Contribution Last week a loan officer friend of mine contacted me regarding a loan he had in  process.  At the 11th hour, the lender was rejecting the conventional (Fannie Mae) loan based on the association’s contribution to the reserve account.  ...
By David Leonard
(Inlanta Mortgage)
Comments 0
All properties designated as "new," "proposed," or "under" construction (not just condos) must have a valid builder identification number on file with the VA. You can check to see if you are already a VA Approved Builder by searching here: https://vip.vba.va.gov/portal/VBAH/VBAHome/buildersearch...
By Robert Clapton
Comments 74
We have direct provider for BG/SBLC/LC from top AA rated banks in the world. HSBC London or HongKong ETC our leasing fee is 6+2 Genuine brokers and Borrower only. Please contact Mr Robert Clapton Contact: Email:  robert.clapton@rocketmail.com  Telephone: +44-777-650-6313 
By David Leonard
(Inlanta Mortgage)
Comments 6
Considering the current state of the home market, it is easy to find a home that is need of some repair. Foreclosures and anticipated foreclosures are scattered across the country. For most buyers, it is impractical to consider such a property. The mortgage lender will not complete the loan unti...
By David Leonard
(Inlanta Mortgage)
Comments 0
View current FHA Loan Limits -------------------------------------------------- From HUD: WASHINGTON - U.S. Department of Housing and Urban Development announced the updated Federal Housing Administration (FHA) mortgage loan limits for single family homes under the authority of the Continuing App...
By David Leonard
(Inlanta Mortgage)
Comments 0
Thanks to the tough economy of the past several years more people than ever a facing problems with their credit scores. But it does not mean it is the end of the world or that you will never be able to finance a home purchase again. Here are some of the familiar questions asked by borrowers with...
By David Leonard
(Inlanta Mortgage)
Comments 0
UPDATE: View current Illinois USDA Rural Housing Income Limits --------------------------------------------------------------------------------------------------------- Effective 1-22-2013, USDA has updated their database to reflect 2013 Illinois USDA Rural Housing income limits. 9 out of 102 co...
By David Leonard
(Inlanta Mortgage)
Comments 4
Lots of advertisements and websites are proclaiming that now is a great time for eligible veterans to apply for a VA mortgage. However, they fail to answer a basic question. What, exactly, can a veteran purchase with an Illinois VA mortgage? Mission of the Veterans Administration Mortgage Progra...