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 45
“I Always Ask, How Long Do You Plan on Keeping the Home You Want to Purchase?”   Very few prospective home buyers would ever think about anything but a 30 or 15 year fixed rate loan. But its not always the right answer for many that don’t plan on being in the home for more than 5 years.   The 30 ...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY November 25, 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 2nd QTR GDP has been revised from 3.5% to 3.9%, the market was expecting 3.3% This is negative for pricing and shou...
By Randy Shamburger, FHA, VA, USDA and Conventional Mortgage Expert
(Movement Mortgage)
Comments 0
Economic News in Review Greenville SC Here is last week’s Economic News in Review Greenville SC.   Existing home sales picked up the pace, while growth in construction permits stoked optimism for increased home inventory, and lay-offs continued to remain at very low levels. Existing Home Sales Sa...
By Randy Kirsch, (NMLS# 1012303) Your Dedicated Mortgage Consultant
(Right Trac Financial Group, Inc., NMLS# 2709)
Comments 4
The Federal Housing Finance Agency ("FHFA") has released its annual report to Congress and there are a couple of interesting bits of information that are revealed about the guaranty fees ("G-fees") that are collected by FNMA and FHLMC for the guarantees that they issue in connection with mortgage...
By Kevin Kueneke, San Diego Mortgage Banker
(Samuel Scott Financial Group San Diego)
Comments 0
San Diego High Balance Conforming Loan Limits Increasing for 2015  The Federal Housing Finance Agency (FHFA), which sets the loan limits for loans purchased by Fannie Mae (FNMA) and Freddie Mac (FHLMC), announced today that the San Diego High Balance Conforming Loan Limit is increasing from $546,...
By Randy Kirsch, (NMLS# 1012303) Your Dedicated Mortgage Consultant
(Right Trac Financial Group, Inc., NMLS# 2709)
Comments 4
Tighter underwriting standards will become effective on March 2, 2015 for Home Equity Conversion Mortgages ("HECM") insured by the Federal Housing Administration ("FHA").  FHA made this announcement last week according to an article by Ken Harney in the Hartford (CT) Courant and various other new...
By Eric Boucher, The FHA/VA Condo Project Approval Guy
(ReadySetLoan Condo Team LLC)
Comments 6
Condominiums Spent Budgeted Reserve Contributions Elsewhere In recent months while assisting condominiums to get certified and recertified with FHA, we are running into an issue that is a fairly simple one to avoid.  We make it a point to remind our clients to contribute at least 10% of the budge...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 15
“I’m Connected, that HAS Always been Part of My Value Proposition”   Good morning Joe, It will be three years since Dave and I refinanced our mortgage through you.  I have a general question.  In the spring we may try to sell our house and look to buy in North Carolina and I wondered if we could ...
By Whitney Watson
(First Home Mortgage)
Comments 46
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 Jeff Jensen
(Annie Mac Home Mortgage)
Comments 1
Mortgage backed securities (MBS) closed up 22 basis points today at 103.94 having broken through resistance at the 103.84 level and closed near its high for the day.  This bodes well for tomorrow's trading despite the fact the tomorrow there will be holiday reduced volume which could cause large ...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 1
Stocks closed in a mixed market today as traders begin to drift from their desks in anticipation of the long Thanksgiving weekend.  Despite the fact that the third quarter GDP came in well above the market prediction, stocks barely moved during the session.  We will see if there is any positive r...
By Mike Bjork
(American Pacific Mortgage)
Comments 1
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 Randy Shamburger, FHA, VA, USDA and Conventional Mortgage Expert
(Movement Mortgage)
Comments 0
VA Loans in Abbeville SC Both honorably discharged vets and active duty military personnel are eligible for an Abbeville 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 Abbeville SC: The first step is to veri...
By Randy Shamburger, FHA, VA, USDA and Conventional Mortgage Expert
(Movement Mortgage)
Comments 0
VA Loans in Clemson SC A VA loan is one of the best home loan programs available today. Both honorably discharged vets and active duty military personnel are eligible for a Clemson South Carolina VA Loan as this loan is available for Clemson and its surrounding areas. Here are the features for th...
By Steve and Eleanor Thorne, Mortgage Loan Johnston County
(River Community Bank, NA NMLS 60596)
Comments 0
There are no specific maximum loan amount caps for USDA Home Loans in High Point, NC 27265.  If you want to purchase a home in High Point using the USDA Home Loan program, however, USDA Home LoanProgram requires that the home be located within the USDA “Eligibility” area.  Unfortunately, High Poi...
By Melissa Zavala, Broker, Escondido Real Estate, San Diego County
(Broadpoint Properties)
Comments 18
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...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 16
Fannie Mae Selling Guide Announcement SEL-2014014 was released last Thursday, November 20th, announcing Fannie Mae & Freddie Mac Are Relaxing Their Buyback Guidelines in an effort to encourage Lenders to approve more loans.  Relaxing the Buyback Guidelines would be a major step to earn back Lende...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 37
“You are the ONLY One that Followed Up”   I want you to know that I’m very nervous about even thinking about a mortgage. I keep hearing it is like Chinese torture. I am a first time home buyer, I have good credit and make a decent income (same job for 6 years). Can you help me?   By the way, the ...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY November 24, 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 We have a lot of data crammed into this short week with a half day on Friday and a closed market on Thursday. This ...
By Dennis Dahlberg
(Level 4 Funding )
Comments 0
Because you are investing in trust deeds privately, and therefor do not have all the resources that a bank does, you will surely have to take some precautions. You will secure your investment by a deed of trust that is recorded against the property title of the borrower’s property. Because you ar...