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 8
“Seniors Beware”I have had clients contact me, asking if they should get a reverse mortgage. They often talk about an ad they saw on TV, hosted by Robert Wagner, Fred Thompson or some other notable spokesperson. I have often wondered if they would get a reverse mortgage themselves. The stories ar...
By John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 8
FHA Mortgage Guide Updates - Deferment & Interest     With FHA loans seeing a resurgence in the marketplace thanks to the recently reduced mortgage insurance premiums, it's once again important to keep up to date on the program changes, which happen pretty often as the program changes with the ma...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 55
“I Always Read Your Blogs even though you’re Not in My Industry”   While attending my weekly BNI meeting, a guest was attending that I had met many years before. He made the comment that he always looks forward to reading my posts on Linkedin. David gave me a really nice commercial, it was great...
By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 7
  As you may already know, when getting a FHA mortgage you can have your Parent’s gift you your whole down payment.  But did you know that there are other ways to have you down payment gifted to you?  If not this is the article for you as I will go over the list of acceptable forms of gifted down...
By Karen Schimpf
(Commercial Capital Ltd.)
Comments 0
This borrower had 5 condos in a condo community, what is called a fractured condo. In other words, he did not own all the condo’s in the complex-just a hodgepodge of them. We did a blanket loan on the 5 condo’s and got a huge assortment of debts refinanced freeing up his balance sheet and improv...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY February 27, 2015, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-6 Day Close:  FLOAT With Caution 7-15 Day Close: FLOAT With Caution 16-30 Day Close: FLOAT With Caution MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 2-26-15: 3.80...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 35
    “Yes, it Closed, In Spite of the Arrest”     http://activerain.trulia.com/blogsview/4517322/-my-client-was-charged-with-12-counts-of-larceny-     Many have asked me to let you know what happened with this transaction. I’ve included the original post. The commercial transaction closed, the loa...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 17
A Mortgage Pre-Approval Process is a process a Borrower goes through in order to determine the price home they will be able to qualify to purchase.  Once a Borrower has gone through this process with a qualified Mortgage Loan Originator, the Loan Originator will provide them with a letter which ...
By Mercatus Realty LLC, Making Dreams a Reality, One home at a time!
(Mercatus Realty LLC)
Comments 2
                                                  It's that time of the year, Tax time!  Don't miss these deductions and take advantage of owning a home during this time of year!  If you're a homeowner, there are tax benefits available to lessen the pain... Houselogic has put together a general l...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 15
“The Short Sale Decision”   It seems like the majority of people that own a home that may be worth less than the debt often feel there is no hope. Many want to get out from under and purchase another home, sometimes larger, other times smaller. Yet others had a short sale over the last few years...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 4
Stock futures looked for improvement this morning in reaction  to gains in global markets prior to the open.  Weekly initial jobless claim came in over 300,000 last week which was the highest number since January 10.  Orders for durable goods, those which will last more than three years,  showed ...
By Mike Bjork
(American Pacific Mortgage)
Comments 2
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 Jeff Jensen
(Annie Mac Home Mortgage)
Comments 1
With stocks trading near all time highs. S & P futures pointed slightly downward this morning.  While the revised 4th quarter GDP fell from the initial estimate of 2.6% to 2.2% it still exceeded expectations.  The good news in the number was that consumer spending was up a robust 4.2%  which repr...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Mortgage backed securities (MBS) closed up 28 basis points today at 101.88 having popped up to touch resistance offered by the 50 day moving average at 101.96 prior to falling away before the close.  With Euro trading right around $1.12, its lowest in quite some time, any further diminution could...
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 San Pedro, California. California trust deed at $160,000 at 9% on San Pedro investment property. See more at http://ow.ly/JKBo8 For more information about The Norris Group's California hard money loans or our California Trust Deed, investments, call our offic...
By yanni raz
(hml investments)
Comments 2
Stated Income Loan Products The emergence of a higher number of self-employed workers has given rise to the return of the stated income loan products. These borrowers, unable to provide documentation such as tax returns and pay stubs, find it difficult to satisfy the income verification requireme...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 47
“My Client was Charged with 12 Counts of Larceny”   The lender that I am working with sent me a news article about this situation. I immediately called the clients to find out what happened. He immediately said it was not big deal, as he will be going to court in a couple of days and the matter w...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY February 26, 2015, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-6 Day Close:  FLOAT With Caution 7-15 Day Close: FLOAT With Caution 16-30 Day Close: FLOAT With Caution MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 2-26-15: 3.80...
By Paul Antonelli, Broker Owner ; Antonelli Realty
(ANTONELLI Realty)
Comments 1
If you enjoyed reading the post please give it a LIKE, every little bit helps. Thank You. By not reducing the supply of oil in the face of falling demand, Saudi Arabia has caused the price of oil to plummet. That has caused households to increase their real consumption of gasoline by 4%, Boosted ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 27
“When I Meet the Boyfriend, You Never Really Know”   It sometimes seems like folks need to stake out their territory when working with a new person, especially when you have worked with their ex in the past. It is often a challenge when the boyfriend is instructed, as to how much I will be liked...