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 David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 2
  When dealing with mortgage rates,  at times I have heard a client say “Why is my rate different than theirs?”.   The “their” being a friend’s, coworkers or even an advertised mortgage rate online.  So I got to thinking…. It would be good for someone getting  a mortgage to know the factors that ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 29
“Video Marketing Works, I Am a Believer”   Kyle Reyes and I have done a few videos about the seminar that we did on November 6th. I have gotten a number of calls and emails, but this one is now translating into mortgage business for me. Check out this email. I am now working with one of the folks...
By Randy Kirsch, (NMLS# 1012303)
(Right Trac Financial Group, Inc., NMLS# 2709)
Comments 1
As you may have heard, Mel Watt, the new director of the Federal Housing Finance Agency ("FHFA") testified before the Senate Banking Committee on Wednesday, 20141119.  Watt was essentially there to defend the stance taken in January of this year to postpone any increase in the guaranty fees charg...
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 0
When meeting with a new home buyer to be I discuss loan programs and options for them. My goal is to get them the best home and loan program for their circumstances. Unfortunately FHA with their high MIP fees penalizes the buyer and if at all possible I suggest securing conventional financing. Th...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY November 21, 2014, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-6 Day Close:  FLOAT 7-15 Day Close: FLOAT 16-30 Day Close: LOCK October Existing Home Sales $5.26M versus estimate of $5.16M Leading Economic Indicators 0.9% vs 0.6% Philly Fed bu...
By Randy Shamburger, FHA, VA, USDA and Conventional Mortgage Expert
(Movement Mortgage)
Comments 1
Economic News in Review Greenville SC Here is last week’s Economic News in Review Greenville SC. Retail sales performed better than expected, layoffs increased, but remained at low levels, and wholesalers posted decent sales and inventory gains. Retail Sales Retail sales bounced back in October, ...
By Randy Kirsch, (NMLS# 1012303)
(Right Trac Financial Group, Inc., NMLS# 2709)
Comments 4
With the election behind us people are speculating as to what issues Congress will tackle in 2015.  In an article on housingwire.com  Stanley Street, President of Street Resource Group, a mortgage software development company, indicated that as far as housing is concerned, there will be, "a lot o...
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 Bruce Reichstein, VA Home Loan Expert +26 yrs - www.VALoans.com
(VALoans.com - Mortgage Banker - RE Agent Trusted Lender)
Comments 0
A reader got in touch with us recently with a question about VA loan standards for mobile home foundations: "The wording permanent foundation ? By VA standards is a — anchored / tied down Mobil home — is that right ? No concrete slab or block foundation?" This refers to the VA requirement for lo...
By Whitney Watson
(First Home Mortgage)
Comments 6
Buying your first home probably seemed complicated and overwhelming, but transitioning from your first home to your second home can be lot more difficult without the proper guidance. When you purchased your first home, you were renting a house or an apartment.  Even if you had a lease that had no...
By Randy Shamburger, FHA, VA, USDA and Conventional Mortgage Expert
(Movement Mortgage)
Comments 0
VA Loans in Aiken SC VA Mortgage Loans in Aiken SC is one of the best if not the best loan program in the country!  It is designed for both active duty military and honorable discharged Veterans, I could even go as far as saying that it could be one of the best mortgage loan programs available in...
By Randy Shamburger, FHA, VA, USDA and Conventional Mortgage Expert
(Movement Mortgage)
Comments 0
VA Loans in Fountain Inn SC Both honorably discharged vets and active duty military personnel are eligible for a Fountain Inn SC VA Loan which is considered to be one of the best home loan programs available today. Here's how to qualify for a VA Mortgage Loan in Fountain Inn SC: The first step is...
By Justin Fitzhugh, Mortgage branch opportunities in 47 states
(Nations Lending Corporation)
Comments 0
Members of Congress express concern over the continued supervision by the Federal Housing Administration, FHA, over Fannie Mae and Freddie Mac. Yesterday, Mel Watt, director of the Federal Housing Finance Agency, answered questions to members of the Banking, Housing and Urban Affairs Committee. H...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 85
I am seeing health insurance cost that are higher than mortgage payments. For many in this country, that lost their health insurance, they don’t see the benefit of the Affordable Care Act, being affordable at all. Their original monthly cost was less than half of their current obligation.   I met...
By Rhett Laufenburger, Peoria AZ Mortgages
(AmeriFirst Financial Inc )
Comments 0
  Jeff and I would like to Thank You for all you have completed in the time frame needed.   The entire process and experience with you and Rhett has been just AMAZING!!!! I cannot thank you enough for all attention to detail and follow up you have shown.   I will be sending you any and all busine...
By Whitney Watson
(First Home Mortgage)
Comments 43
My three-year-old daughter has a coin purse her Pop gave to her complete with $2.50.  She calls this money her “tickets.”  One time I was driving on the expressway and my E-Zpass was not in my car as my husband had borrowed it.  I needed 75 cents and I had no cash.  It took some major convincing,...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 12
The news from FHA this week is that FHA Is In The Black Again, But Still Below The Statutory Minimum.   The news FHA Mutual Mortgage Insurance Fund (MMI) is showing positive numbers again is good news, but the news it only hit a .41% capitol ratio is not. Last year FHA projected the fund would go...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY November 20, 2014, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-6 Day Close:  FLOAT 7-15 Day Close: FLOAT 16-30 Day Close: LOCK Teno3Magnet - As long as the 10 remains in its 19 day range between 2.30% and 2.38% we consider the market neutral;...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 33
“What is it about IT WON’T Work that You Don’t Understand”   A real estate investor contacted me about a crazy scenario. He has a tenant that has “BAD” credit, but wants to buy the home she is living in, that this investor owns. The investor wants to be a co-signer on the loan, in order to sell t...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 17
“Are Millennials the Key to The Housing Recovery?”   I keep reading so much about this topic. In most of what I read, they are missing the bigger picture. No matter what the age group is, folks need to feel comfortable with an economy and for most that is not the case.   The indications are that ...