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 21
The Connecticut Housing Finance Authority (CHFA) is Connecticut’s Premier Mortgage Loan Program for “First Time Homebuyers”.  CHFA is a Quasi Government Agency that provides a 30-year fixed rate Mortgage Program, with an interest rate below comparable market rates.  However, CHFA has always just...
By Bill Ladewig, Your FHA Guru - FHA and VA Loans Since 1970
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY April 17, 2014 11:15 AM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 4.00% rate based on Mortgage Backed Securities is up 0.52 point. 30 Day Mortgage Interest Rate Lock or Float Ad...
By Maria Gilda Racelis, "Your Goal, My Goal. We Can Make it Happen."
(Home Buyers Realty, LLC-Manchester, Bolton. Vernon,Ellington)
Comments 4
Worrying about where to get your down payment from to obtain your first home? There is great news for all the qualified candidates. Read this blog to get more information or contact the author of this article.   The Connecticut Housing Finance Authority (CHFA) is Connecticut’s Premier Mortgage Lo...
By Neil Coleman
(First Midwest Bank NMLS#143306)
Comments 1
Not much movement in Mortgage Bond prices Wednesday as they ended near unchanged and traded in an extremely tight range during the session. A not-so-good reading from March Housing Starts and Building Permits were offset by a rise in Stocks prices. The 4% coupon closed just near unchanged at 104....
By Bruce Walter
(Keller Williams Realty Lafayette/West Lafayette, Indiana)
Comments 22
    Social Security Administration using the IRS to seize tax refunds on alleged overpayment long ago.   I am just fine with my tax dollars going to support our federal government as I can't afford to hire an infantry division to keep Vladimir Putin out of my backyard, or pave the roads so I can ...
By Bob Thompson, Commercial & Residential, ALT-Doc & Stated Income Loans, (562)344-LOAN
(RMF Lending, Inc.)
Comments 0
Stated Income Verified Asset HELOC for Owner-Occupied, Second Homes and Non-Owner Occupied SFR's, 2-4's and Condos.720+ FICO needed. (For Self Employed or W2'ed, No 1099s) SIVA Home Equity Line of Credit (HELOC) - up to 50% CLTV - Loan amounts $150,000 - $500,000. 50% LTV to $2,000,000 Owner Occu...
By Bill Rich
(Absolute Home Mortgage Corp)
Comments 2
Having a good credit score is advantageous, especially if you are planning to get a mortgage. However, there are a lot of misconceptions floating around regarding this matter. In an attempt to help you understand your credit score, we have listed down 4 factors that will not in any way affect you...
By Bob Thompson, Commercial & Residential, ALT-Doc & Stated Income Loans, (562)344-LOAN
(RMF Lending, Inc.)
Comments 2
Stated Income HELOC for Owner-Occupied, Second Homes and Non-Owner Occupied -Self Employed or W2'ed, No 1099s - SFR's, 2-4's and Condos. Now, no minimum FICO needed, but must have good credit, no lates for the last 12 months. SIVA Home Equity Line of Credit (HELOC) - up to 50% CLTV - Loan amounts...
By Brett Sampson, Texas Lender
(Berkshire Lending, LLC)
Comments 0
When you buy a house there are three sets of costs you will incur (other than your down payment)… 1) Closing costs. These are mortgage company fees, title fees, appraisal, survey, recording fees, etc. Typically these fees will add up to around 1% to 2% of a loan. 2) Prepaid taxes. For a purchase ...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Mortgage backed securities (MBS) closed down 44 basis points today at 104.00 having fallen through dual levels of support offered by the 104.41 level and the 50 day moving average.  The 4.0 coupon bond still has the three moving averages below it as support.  The long red Japanese candlestick put...
By Mike Bjork
(FirstCal 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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 21
“Credit Report Shows Two Late Payments in the Last 12 Months”   The client sent me evidence that neither payment was 30 days late. He gave me evidence that both payments were received by the lender before the end of the month and yet the existing servicer shows that both payments were late.   The...
By Bill Kamboukos
(Strategic Mortgage)
Comments 0
    In today’s mortgage marketplace, many home loan products that seem to go away for some time are making a strong come back, but in ways that makes sense. Home loans for second homes or in other words, vacations homes and home loans for investment properties are available and viable in today's...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 7
“Fees Charged by Fannie Mae & Freddie Mac?”   When the bailout was done for Fannie and Freddie, immediately when that was done, both increased the fees that consumers paid on their mortgages. All these fees resulted in higher rates to the consumer.   Fannie and Freddie have paid back all the bail...
By Garrick Werdmuller
(Guaranteed Rate, Inc)
Comments 0
This is a checklist given to me by an Appraisal Management Company.  It can literally save you thousands of dollars and may prevent delaying or even killing a transaction due to property condition. FHA APPRAISAL PREP CHECKLIST 1. Carbon Monoxide (CO) Detectors – ALL LEVELS 2. Electricity ON 3. Wa...
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 9
 Aren’t Low Interest Rates For The Filthy Rich Too? Have you heard all the hub-bub about Mark Zuckerberg and the low 1% interest rate he got on his mortgage? The public seems to be indignant that this low interest rate be wasted on someone so rich. Is he not a good risk? Those pennies mount up as...
By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
Conventional 30 year Mortgage: 4.5% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.79% FHA 30 year:4.25% Credit Score:640 LTV:96.5% loan amount:$200k APR:5.87% Conventional 15 year:3.625% Credit score:740 LTV:80% Loan Amount:$200k APR:3.82%   Rates are Subject to Change Call me today if you ar...
By Bill Ladewig, Your FHA Guru - FHA and VA Loans Since 1970
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY April 16, 2014  8:00 AM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 4.00% rate based on Mortgage Backed Securities is up 0.15 point. 30 Day Mortgage Interest Rate Lock or Float Ad...
By Dennis Dahlberg
(Level 4 Funding )
Comments 0
Hard money loans are something that people are afraid of, but they really should not be at all. Why? Because despite the tough name, hard money loans can actually help a person out. Those who have been touched by the bad economy might have some fears about their credit score affecting any chance ...
By Bill Ladewig, Your FHA Guru - FHA and VA Loans Since 1970
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY April 16, 2014  2:30 PM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 4.00% rate based on Mortgage Backed Securities closed up 0.01 point. 30 Day Mortgage Interest Rate Lock or Floa...