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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 59
“10 Years After Being Fired”   Life is often strange with many twists and turns. 10 Years ago a Realtor notified me by email that even though I had done a preapproval for a client, that the client was going somewhere else for the mortgage.   I told her that is fine, but will need to follow up wit...
By Mike Rankin, Mortgage Consultant
(Right Trac Financial Group, Inc. NMLS # 2709)
Comments 2
You have have heard of it... No PMI (Mortgage Insurance) with only 5% down.   Is it true and does it work? Yes and yes!    Typically, when you put 5% down on a Conventional Mortgage loan you are paying mortgage insurance that is ordered via the bank and paid in your monthly mortgage payment.  Hen...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 34
  “Video, a Whole New World for Me”   I have been working with Video guru Kyle Reyes. Kyle is an active blogger and does some outstanding video work. Kyle worked with me doing videos on two entry level homes that we just completed and are now putting on the market.   During the course of doing th...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 0
Joan Cox wrote a blog yesterday titled "When Listing A Home Is Not The Best Choice".   Her blog made me think of the number of Borrowers I meet with who are selling their home, and are surprised to find out the full difference between the Selling Price, and what they still owe on the ho...
By Steve Reed, Steve Reed Branch Manager | Benchmark Home Loans
(Benchmark Home Loans)
Comments 1
The housing sector received positive news today signaling that the recovery may be back on track after stalling in the second half of last year. The Commerce Department reported that July Housing Starts surged by nearly 17% from June to an annual rate of 1.093 million units, above the 964,000 tha...
By Axis Financial Consultants
(Axis Finance)
Comments 58
We are providing all types financial services ;Offering loans, equity funding, joint venture,business finance, project finance, bank instruments like mtn, bg, lc, sblc, pof. We are in direct contact with top European banks and private lenders. There are no chains of brokers.We also collaborate wi...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 42
“Bait and Switch is Alive and Well”   I was reading an article about a fine that was assessed by the CFPB against Amerisave Mortgage Corporation and its affiliate Novo Appraisal Management Company. The fine was 19.3 million big ones.   This bait and switch stuff has been going on in the mortgage ...
By The Albert Team KW Port St. Lucie FL 34986 Market Updates and Trends, PGA Village, Tradition, St. Lucie West
(Keller Williams Realty)
Comments 1
Bad Stuff Happens - So does Good Stuff NEW Seasoning Requirements for Buying a Home   Bad Stuff Happens to us all.  Many in Florida,  have personally been effected by "Bad Stuff" during the real estate collapse.  There is light at the end of that tunnel for everyone who was hurt, lost p...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 53
“Why Do So Many Think, Credit Scores Have Something to Do with INCOME?”   I hear this statement much too often and I just don’t know where this is coming from. Income has nothing to do with your credit scores. The three credit bureaus have no way of getting your income information.   I was doing ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 42
“The Tattoos Kept Distracting Me”   I was doing a mortgage application the other day, the gal sitting across from me was ONE BIG Tattoo. I kept getting distracted, as my mind was immediately attempting to figure out what some of the tattoos were. I was truly struggling and had to stop.   I apolog...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 9
  CHFA Revising Income & Sales Price Limits On August 18, 2014.  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 intere...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY August 19, 2014, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: LOCK The price for 3.50% Mortgage Loans based on MBS is currently down 0.34 point. 30 Day Close Mortgage Interest Rate Lock or...
By Roy Kelley, Roy and Dolores Kelley Photographs
(Retired Real Estate Broker, Maryland Blogger)
Comments 2
Refi Boom Mortgage loan professional Joe Petrowsky reminds us that even though the mortgage refinancing boom is over, there are still many mortgage borrowers that can benefit from refinancing as the equity in their homes increases. Please go to the original blog if you wish to leave comments. “Ar...
By Mike Rankin, Mortgage Consultant
(Right Trac Financial Group, Inc. NMLS # 2709)
Comments 5
Does a smoother mortgage process exist?   That is the one frustration I hear form every person I’ve ever known who has gotten a mortgage before in some form or fashion.   After hearing this concern over and over I decided it's time to do something about this. To create a smoother sailing proc...
By Roy Kelley, Roy and Dolores Kelley Photographs
(Retired Real Estate Broker, Maryland Blogger)
Comments 4
Poor Listening Skills Can be Very Costly Mortgage loan professional Joe Petrowsky reminds us of the improtance of good listening skills. My personal experience is that some of us need to polish our listening skills. Please visit the original blog if you wish to leave comments. “Poor Listening Ski...
By Patricia Feager, MBA, GRI, Cert Negotiations Expert, Military Relo Prof, The Little REALTOR® That Could
(Keller Williams Realty)
Comments 30
    On August 14, 1935 the Social Security Act was signed by President Franklin Delano Roosevelt. Under the law, only primary workers were eligible for paid retirement benefits. The law was changed in 1939 to include survivor benefits and benefits for retiree's spouse and children.   In the y...
By Rick Cignoli, Sr. Mortgage Officer
(Norcom Mortgage)
Comments 3
  How many FHA deals have you had that died because the appraisal says the property needs hand rails, some painting or 2 new windows? Your buyer is willing to fix the problems, but can’t get on the property until after closing. And the bank/seller refuses to spend the money to get them fixed bef...
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 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 Big Bear City, California. California trust deed at $70,000 at 12% on Big Bear City investment property. See more at http://ow.ly/AvjDO For more information about The Norris Group's California hard money loans or our California Trust Deed, investments, cal...
By Melissa Zavala, Broker, Escondido Real Estate, San Diego County
(Broadpoint Properties)
Comments 3
Each and every week, there are things going on that impact housing news and the real estate market. Sometimes there are big changes to federal and state policies that impact the distressed property world. Other weeks, there is business news and distressed property news about government programs f...