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 41
One of the misconceptions Homeowners as well as even some Real Estate Professionals have is that if a Homeowner goes through bankruptcy, the mortgage is discharged along with all the Homeowner's other debts.  The reason why Homeowners who have gone through bankruptcy a believe this, is becaus...
By Mark Taylor Mortgages, 602-361-0707 #MarkTaylor #Awesomerates NMLS#207897
(and for 1st Time Buyers, Move Up Buyers & Investors )
Comments 0
Mortgage News For The Week Of July 21, 2014         Last week’s economic news offered a variety of indications that the economic recovery continues, but some readings missed their expected levels. The Philadelphia and New York branches of the Federal Reserve Bank reported higher than anticipated ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 35
“It Wasn’t Easy, but You Made the Difference”   No, it wasn’t easy. A past foreclosure and a past bankruptcy are not easy. These clients were referred by their BK attorney once the discharge was completed. I have coached many attorneys to refer clients early on so that I can start working with th...
By Dale Bledsoe, Realtor in Tracy, California
(Crown Key Realty)
Comments 2
  As almost every Realtor, I have done many transactions in which the loan was guaranteed by the FHA. Most of the transactions went smooth, sometimes a touch slower that I would have like, but in every case the transaction was completed. All was well until the calendar flipped onto 2014.   Brief...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 21
“Refinance or Student Loans?”   The parents told me their commitment to their two children was to pay for their college education. One was done and the other had two years left. There was $112,000 in existing student loan debt and they have already been paying nearly $600 per month and in two plu...
By Marcia Goodman, A Realtor that meets your needs!
Comments 0
Congratulations on Your Decision to Purchase Your New Home! Purchasing a new home, whether it is your first home or not, can be an overwhelming experience! Here is my guide to help you through the mortgage process. Two important things that are required of you to make the loan process go smoothly...
By Bill Ladewig, Your FHA Guru - Closing Home Homes Since 1970
Comments 0
  MORTGAGE INTEREST RATE LOCK ADVISORY July 21, 2014, 7:45 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: FLOAT The price for 3.50% Mortgage Loans based on MBS is currently down 0.24 point. 30 Day Close Mortgage Interest Rate Lock or...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 19
“Refinancing and Stop Paying Mortgage Insurance”   It is hard to understand why some keep paying mortgage insurance when they don’t need to, especially FHA mortgages. A while ago FHA changed their guidelines so that with the minimum down payment at the time of the purchase the mortgage insurance ...
By Christopher Ohlsen
(Plattsburgh Mortgage Company)
Comments 4
This May Go without Saying but it does Bear Repeating It is imperative that when you are in the process of obtaining a mortgage loan that you do not incur new debt. It is even better if you don’t even have your credit pulled at all. See the image below? (Screen shot of note on the bottom of an ac...
By Team Mullins
(Coldwell Banker Schmitt Real Estate Co.)
Comments 0
Fred Mullins, Donna Mullins, & Erin Biby Coldwell Banker Schmitt Real Estate Company 1201 White Street Ste. 101 Key West, FL 33040 Direct: 305-745-9440 Email: mullinsf@bellsouth.net Website: www.lowerkeys-homes.com   A new ruling was issued this month by the Consumer Financial Protection Bure...
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 Brett Sampson, Texas Lender
(Berkshire Lending, LLC)
Comments 1
A few posts ago I showed you how Conventional loans treated Short Sales, Foreclosures, and Bankruptcy. With this post I’m going to show you how FHA treats these same events. Here is a helpful chart to illustrate…   FHA   Short Sale 3 years from date of sale. Borrowers who sold their property unde...
By Bob Elliot
(RE/MAX Advisors)
Comments 0
Last week's economic news offered a variety of indications that the economic recovery continues, but some readings missed their expected levels. The Philadelphia and New York branches of the Federal Reserve Bank reported higher than anticipated manufacturing for their respective regions and n...
By Steve Reed, Steve Reed Branch Manager | Benchmark Home Loans
(Benchmark Home Loans)
Comments 0
Home price appreciation in the past few years may have topped out, says a report from Bank of America Merrill Lynch. The bank said that Americans should prepare for a few years of stagnant prices. Home prices were undervalued by 6% at the end of 2011, says the report, but are now nearly 10% overv...
By Michael Regan, Home Loan Extraordinaire
(The Regan Team Home Loan Group)
Comments 0
By Athena Paquette, Athena Paquette-Cormier, M.A.
(Stratis Financial)
Comments 0
What is a Pull and How Does it Affect You Credit Score? A “pull” is when a potential creditor pulls your credit report, also called an inquiry. People are told that inquiries can bring down your credit. This is true, but only by a few points. Other credit profile items, such as a new account or a...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Mortgage backed securities (MBS) closed up 6 basis points today at 105.66 having remained just above support offered by the 25 and 50 day moving averages.  It should be noted that we are now following the 4.0% coupons bonds as loan pricing has drifted above the center of the 3.50% coupons range. ...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
The continuing drama in Ukraine along with more senseless tragedy in Gaza provided enough negative fuel to drive stocks downward once again this morning.  Somehow the Israel missile system designed to precisely takeout Ham-as weapons, found itself striking a hospital.  That is a pretty bad shot. ...
By Mike Bjork
(American Pacific Mortgage)
Comments 4
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 John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, FHA, 203(k), USDA, VA, Jumbo loans)
Comments 23
  2014 Loan Limits for Conventional & FHA Loans        For the calendar year 2014, it was recently announced that loans backed by Fannie Mae and Freddie Mac will maintain their current maximum loan limits with NO changes.  This is great news for the real estate industry as there was recently ...