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 18
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 Bruce Walter
(Keller Williams Realty Lafayette/West Lafayette, Indiana)
Comments 21
    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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 19
“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 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...
By Neil Coleman
(First Midwest Bank NMLS#143306)
Comments 0
The Mortgage Bankers Association reported today that its Market Composite Index, a measure of total loan application volume, rose by 4.3% in the latest week after four straight weekly declines. The refinance index gained 7%, while the purchase index squeaked out a 1% gain. The refinance share of ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 20
“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 ...
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 Steve Reed, Steve Reed Branch Manager | Benchmark Home Loans
(Benchmark Home Loans)
Comments 0
The Mortgage Bankers Association reported today that its Market Composite Index, a measure of total loan application volume, rose by 4.3% in the latest week after four straight weekly declines. The refinance index gained 7%, while the purchase index squeaked out a 1% gain. The refinance share of ...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Mortgage backed securities (MBS) closed down 6 basis points today at 104.41 having fallen down to land squarely at the resistance offered and that level and remained just above support offered by the 50 day moving average.  MBS bonds did well to lose so little ground today in the face of rather b...
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 Riverside, California. California trust deed at $210,000 at 12% on Sun Haven Way 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 o...
By Wayne Johnson, San Antonio REALTOR, San Antonio Homes For Sale
(Coldwell Banker D'Ann Harper REALTORS®)
Comments 17
You Can Buy a Home With Poor Credit-It Just Costs MoreYou can buy a home with poor credit scores but you pay more for the privilege. There is a FICO score, 620, below which most lenders will not go. Lenders have lots of data obtained over the years that shows the relationship between credit score...
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 Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Stocks started the day on a positive note and the Dow was up 100 points by 9:40.  Improved manufacturing date from China combined with a strong earnings report from Yahoo afforded traders a chance to allay their fears.  to complement that the FEDs' beige book pointed to improved activity in the e...
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 Nakia Muhammad
(Conquest Real Estate Group)
Comments 5
Do you have more repair skills than cash? If you would like to purchase a home and get a great value, you might be able to get a loan for the home of your dreams with the help of 203(k) rehab loan insurance. ) As long as the After Repair Value (ARV) of the home is MORE than the amount you need to...
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...