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 27
A recent announcement about Debt-To-Income Ratios (DTI) being reduced to 43% on all Loan Programs has created a lot of concern throughout the Real Estate related industries.  In a letter dated December 18, 2012, by Acting Assistant Secretary for Housing, Federal Housing Commissioner, Carol J. Gal...
By Mark Taylor, 602-361-0707 #MarkTaylor #Awesomerates NMLS#207897
(and for 1st Time Buyers, Move Up Buyers & Investors )
Comments 1
Your Guide To Winning At Auction... It Can Be Done     While the traditional method of trawling for sale listings, making bids, and negotiating with the seller has been a popular rite of passage for many home buyers, buying a house at auction is swiftly becoming a favored way to purchase property...
By Mark Taylor, 602-361-0707 #MarkTaylor #Awesomerates NMLS#207897
(and for 1st Time Buyers, Move Up Buyers & Investors )
Comments 2
Mortgage News For The Week of April 14, 2014     While little housing-related news was released, last week’s economic news showed signs of a brighter economic picture. Labor statistics were stronger, with job openings up and new jobless claims filed lower than expected. Mortgage rates fell, and t...
By Fred Griffin, Your Real Estate Broker for Tallahassee, Florida 850-339-4861, Call Fred 850-339-4861
(Frederick Griffin, Licensed Real Estate Broker)
Comments 4
     The number of factors that contribute to the equation of a mortgage payment has grown too dramatically to make online mortgage calculators reliable.       Interest rates, the type of mortgage program, various options for an individual borrower, mortgage insurance, homeowner association fees,...
By Bill Ladewig, Your FHA Guru - FHA and VA Loans Since 1970
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY April 15, 2014  3:00 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 down 0.12 point. 30 Day Mortgage Interest Rate Lock or Fl...
By Dennis Dahlberg
(Level 4 Funding )
Comments 0
Whether you’re looking to become an Arizona mortgage broker, or if you’re needing the services of one, you need to know the requirements. Arizona mortgage brokers are regulated by the Arizona Department of Financial Institutions. Essentially, their goal is to protect the consumer without hurting ...
By Dennis Dahlberg
(Level 4 Funding )
Comments 0
Arizona mortgage brokers aren't for everyone. Not everyone needs one, and not everyone wants one. However, most of the time, mortgage brokers do a lot of good for families and individuals looking to purchase a home. If any of these situations sounds similar to yours, you definitely need to look i...
By Dennis Dahlberg
(Level 4 Funding )
Comments 0
Applying for a home loan is a daunting task. This is especially true if you haven’t yet found the property you want to purchase. You have to find the home, assess the value, get it appraised, gather all of your financial documents, meet with a Realtor, a lender, a banker—anyone else who will need...
By Bruce Walter
(Keller Williams Realty Lafayette/West Lafayette, Indiana)
Comments 14
    Today is tax day; do you know where your refund went???   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 show houses to clients. I do wish we had a ...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 8
With so many Condominium Complex not re-certifying with FHA, and as a result no longer on the FHA Approved Condo List, more buyers are trying to purchase condominiums with Conventional Mortgages.  Because of this I have been getting more and more questions about what the Fannie Mae Condominium O...
By Bill Ladewig, Your FHA Guru - FHA and VA Loans Since 1970
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY April 15, 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 0.04 point. 30 Day Mortgage Interest Rate Lock or Float Ad...
By Mark Taylor, 602-361-0707 #MarkTaylor #Awesomerates NMLS#207897
(and for 1st Time Buyers, Move Up Buyers & Investors )
Comments 4
The In's And Outs Of A Reverse Mortgage     When you’re looking for ways to supplement your retirement income, there are a number of different options to consider. A reverse mortgage is becoming a more popular and more common way to provide income when your retirement savings don’t leave enough t...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Mortgage backed securities (MBS) closed up 6 basis points today at 104.44 having run up close to resistance offered at the 104.62  level prior to closing once again just above support at the 104.41 level.  Slight increases in inflation kept MBS bonds from making too much progress today.  The cons...
By David Kosmecki
(Mortgages Unlimited)
Comments 0
When you're looking for ways to supplement your retirement income, there are a number of different options to consider. A reverse mortgage is becoming a more popular and more common way to provide income when your retirement savings don't leave enough to live on. But with all the information out ...
By Aaron Norris, MBA, APR, Hard money lending and real estate investments.
(The Norris Group Hard Money Lending)
Comments 0
California hard money loan closed in Apple Valley, California. California trust deed at $113,000 at 9% on Iroquois, CA investment property. See more at http://ow.ly/vPrMO For more information about The Norris Group's California hard money loans or our California Trust Deed, investments, call our ...
By Whitney Watson
Comments 0
When we bought our first house, I really had no idea what was going on behind the scenes.  There were times, however, when I wish I was a little more informed about the process.  Here’s a helpful summary of the loan process from application to closing: Purchaser Contacts loan officer for financin...
By Whitney Watson
Comments 0
If you live in Virginia, the Virginia Development Housing Authority (VHDA) has a program called an FHA Plus loan that will allow you to finance up to 101.5% of the purchase price of a home.  Here’s how it works:  you get a 1st mortgage for 96.5% of the purchase price and then you get a second mor...
By David Kosmecki
(Mortgages Unlimited)
Comments 0
1) Do I Have Enough Equity To Get A Mortgage? To get a conventional loan, you will usually need to have at least 20 percent equity. This means that your house will have to be worth at least $250,000 to get a $200,000 loan. If you have less equity, you could end up having to pay for private mortga...
By Jack Tenold, Reverse Mortgage Specialist Washington & Oregon - refinance & purchase
(First Priority Financial, Inc. NMLS 3257 Serving WA NMLS 3257 and OR ML 3337)
Comments 0
Quality Spokane South Hill homes, perfect for HECM purchasers age 62, are at Stone Crest PUD.   Folks considering a home purchase for the next phase of their lives should tour Stone Crest PUD. Although it is not marketed as a 55 and over development, my guess is that most current homeowners are e...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 11
“Co-Signing a Mortgage”   I was contacted by a client of mine a few years ago. He called to discuss his daughter’s request to have him co-sign a mortgage for his daughter. I asked a number of questions and based on the answers, I recommended that he not co-sign the mortgage. He asked if it would ...