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 26
“Some Wait for Things to Happen, Others Make Things Happen”   In my business I interact with Realtors all the time, very often in the same town and community. It is sometimes difficult to listen to some talk about how bad things are and others in the same area seem like they are on a different pl...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 13
“Were You One of those that Gave Those Bad Loans?”   I don’t get asked this question very often, but this was one of those opportunities to address the question. I was recently at a networking event and happen to speak to a gal that makes her living buying and selling art. When I told her what I ...
By Pete X-Investment to Luxury, Huntington Beach, CA -GRI-MCNE 714.459.2017 OCLister.com, Outstanding Agent Referrals-Nationwide
(X Group Real Estate Advocates )
Comments 0
Between 3.5% & 4.5% Are The Current Rates Dependent Upon The Mortgage Product   As a former mortgage guy I cannot quote you an exact rate, but I could point you in the right direction!   For available Southern California homes:   OCLister.com   For more information or a showing CALL 714.459.2...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 25
“Politics Be Damned”   It is actually sickening to listen to anything that goes on in Washington. It doesn’t matter what political party.   What is going on along the Southern border of this country is criminal and I don’t see a willingness to fix the problem, first by securing our borders. All c...
By Pete X-Investment to Luxury, Huntington Beach, CA -GRI-MCNE 714.459.2017 OCLister.com, Outstanding Agent Referrals-Nationwide
(X Group Real Estate Advocates )
Comments 0
Get The Good Credit You Deserve! Remove any inaccurate, erroneous and obsolete information in your credit file, including:   Late Payments             Public Records Charge -Offs                  Judgments Collections                    Tax Liens Repossessions               Student Loans Foreclos...
By Melissa Zavala, Broker, Escondido Real Estate, San Diego County
(Broadpoint Properties)
Comments 0
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 Whitney Watson
(First Home Mortgage)
Comments 1
Credit tip number 3 talks about having a mixture of different credit types to show that you know how to manage all types of credit. Outside of having credit cards to build credit, it shows great credit managing ability when you also have and installment loan, like a student or car loan.  
By Matt Listro, Your Credit Repair Expert
(National Credit Fixers - Matt Listro)
Comments 0
Another Fun year at the New England Mtg Expo! At the event we had some fun.  We wore Doctor's outfits (we will fix your credit - fix - get it) and gave away free beer and candy.  We had a couple Kegs of free beer - one Guinness and one Bass (don't even get me started on what the Casino ch...
By Joyce Kelley, Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.
(Charles Stallions Real Estate Services Inc)
Comments 3
  Gulf Breeze, Florida: Homes in Gulf Breeze, Florida 32561 with buyer rebates, 32563, 32566,    Buyers are taking advantage of our Smooth Move Program at closing, Choose between 1% Cash Back, 1 year taxes paid, 1 year insurance paid, Free Home Warranty and Use of our Moving Van.   Banks lose mor...
By Marte Cliff, your real estate writer
(Marte Cliff Copywriting)
Comments 6
Yesterday we signed closing documents for the refinance on our house. It was worth it in the long run because we got a lower interest rate - but what a nightmare! Later I'll write about the "long haul" and the total inefficiency and buck-passing we encountered in doing business with...
By Bob Crane, Forestland Experts! 715-204-9663
(Woodland Management Service)
Comments 1
It has been a furious week of blogging in the rain this week with plenty of great posts to share, I hope that you enjoy the few that I do share! I encourage you to take a few minutes each week to share some of the gems that you come across, people will appreciate the support and you may even get ...
By The Albert Team KW Port St. Lucie FL 34986 Market Updates and Trends, Solutions to Your Real Estate Needs
(Keller Williams Realty)
Comments 0
Sellers across the country are having a once-in-a-lifetime problem.  They have mortgage rates so absurdly low, it would hurt them to sell. If they did, they would be giving up an irresistible rate in exchange for a new mortgage carrying a higher rate.  That means that their monthly payments woul...
By Janna Scharf, Coeur d'Alene Real Estate Pro
(Keller Williams Realty Coeur d'Alene)
Comments 1
For all of you potential Boomerang Buyers out there (and that is a HUGE number of displaced homeowners), Fannie Mae has announced that instead of the requirement to wait 2 years after a short sale to qualify for a mortgage again, it will take 4 years.  Beginning August 16, 2014.There have been h...
By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
Comments 9
  Or, another view. . . . . Greg Nino writes:  The fact you didn't get that job transfer won't matter. You're still obligated to "perform." On the other hand, an experienced agent is going to protect a home buyer with a financing clause that protects their buyer in case of &...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 15
One of the few Mortgage Programs implemented during the Obama Administration which has had some success is the  Home Affordable Modification Program (HAMP).  The HAMP program was initially unveiled in 2009, and was set to expire at the end of last year, however, the Federal Housing Finance Agency...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 6
On Thursday July 9th. the U.S. Senate cleared the way for the new head of the U.S. Department of Housing and Urban Development (HUD) to be appointed.  On a vote of 71-26  San Antonio Mayor, Julian Castro Was Confirmed As The Next HUD Secretary by the Senate.  Mr. Castro's conformation was on...
By Mike Young, FHA 203k Consultant 707-812-7668
(203kOnLine.com, covering California & most other states)
Comments 2
What is the draw inspector's roll on an FHA 203k project? The consultant has a couple different rolls and it is easy to get them confused and they do get confused all the time.  1) As a consultant, we help the client create a scope of work so all of the contractors can bid the same list. It c...
By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
Comments 3
  It Is WRONG, WRONG, WRONG for HUD to use the FHA MIP as a profit center. It is contrary to the HUD and FHA mandate and Statement of Purpose.  If it isn't, it should be. __________________________________________________________________________________________________ On Thursday July 9th. t...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 10
“Educating My Tenants to Become Homeowners”   I speak with every prospective tenant that is interested in renting from me. After reviewing credit and income, a conversation is a must. The conversation always ends up with a discussion on future home ownership, which will normally surprise most peo...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 12
“Sometimes Referrals Just Aren’t Meant to Be”   I got a call from a real estate agent (or at least he said he was). He indicated that he was from NYC and he had been referred by someone. He couldn’t remember the name, but told me that the person sold real estate. I always want to thank the person...