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 66
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 Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY July 24, 2014, 8:30 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 up 0.25 point. 30 Day Close Mortgage Interest Rate Lock or Flo...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 9
This week our Loss Mitigation Department presented a Workshop on the Loss Mitigation Process so other department are more aware of the process from start to finish.  I attended the workshop because I wanted to have a better understanding of the Loss Mitigation Road To A Short Sale. Even though I ...
By Lou Ludwig, CRB, CRS, CIPS, GRI, SRES, TRC, e-PRO
(Ludwig & Associates)
Comments 4
  The Future is in Your Hands “You control your future, your destiny. What you think about come about. By recording your dreams and goals on paper, you set in motion the process of becoming the person you most want to be, put your future in  good hands – your own.” Mark Victor Hansen, Self-Help a...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 2
In my blog the "Loss Mitigation Road To A Short Sale" about a work shop I attended this week on Loss Mitigation and FHA Short Sales, I mentioned that up until attending this workshop I was under the impression a homeowner who wanted to do a Short Sale on their property was able to apply...
By Conrad Allen, Webster, Ma, Realtor
(Re/Max Professional Associates)
Comments 12
We had a closing yesterday where the buyer obtained a FHA loan.  He originally was going USDA but his ex wife didn't a loan on time that they were both on.  She was required to pay the loan as part of the divorce settlement.  So he had to go the FHA route. The buyer's/mortgage company'...
By Richard Weeks, Realtor, Associate Broker - Manager Business Development
(Waller Group)
Comments 0
Things to know about conventional mortgages.   Conforming loan limit is up to $417,000.  Loan amounts over $417,000 are considered Jumbo loans. Any/all monies to close can come as a gift from a blood relative (unless investment property) AU (Automatic Underwriting) has tightened significantly bec...
By Heather Frye, Fredericksburg Mortgage - The Frye Team
(Movement Mortgage - Fredericksburg Mortgage)
Comments 0
There are some things that seem like common sense but sometimes it can be helpful to have a list of what you should or shouldn't do when buying a home.  We all know how tedious this process can be if you have ever been through obtaining a mortgage loan.  Here are some helpful suggestions.   1...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 20
“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 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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 0
“Recommendations”   I recently wrote a blog about how I use Linkedin and specifically about recommendations. I have received a number of emails asking me “How” and “When” I ask for recommendations.   First, there is always a right time to ask for recommendation. Let me first say, I never wait unt...
If you are an entrepreneur or a small business owner, you probably know that there are a lot of advantages to this lifestyle – the freedom, the exciting challenges, the opportunities and the ability to make a living doing what you love. However, you also know that being a small business owner can...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 1
Mortgage backed securities (MBS) closed down 12 basis points today at 105.59 having once again remained above support offered by the 25 and 50 day moving averages.  There were no economic reports due out today to effect markets.  The international news has been kind of lacking since the two major...
By Axis Financial Consultants
(Axis Finance)
Comments 46
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 Mike Young, FHA 203k Consultant 707-812-7668
(203kOnLine.com, covering California & most other states)
Comments 1
I’m a contractor why should I learn about the 203k loan program? If you have all the work you need already then maybe you don’t need to know about the FHA 203k loan program but there are allot of you out there that have been buying my eBook “Contractors and the 203k” indicating that many of you a...
By Debbie Walsh, Hudson Valley NY Real Estate 845.928.8000
(Keller Williams Realty)
Comments 5
This is a post written by George Souto of Mccue Mortgage.  Many times homeowners are under the impression that bankruptcy wipes the slate clean of mortgage debt - NOT SO. One of the misconceptions Homeowners as well as even some Real Estate Professionals have is that if a Homeowner goes through b...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY July 23, 2014, 8:00 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 0.02 point. 30 Day Close Mortgage Interest Rate Lock or ...
By Eric Boucher, The FHA/VA Condo Project Approval Guy
(ReadySetLoan Condo Team LLC)
Comments 5
Can Our Mixed Use Condominium Get Approved with FHA? Following my article in the Charlotte Observer on Saturday, a developer contacted me regarding an FHA condominium approval for his mixed use condominium building.  It is a 3-story building with 20 residential units on the top two floors.  The f...
By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
Conventional 30 year Mortgage: 4.25% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.59% FHA 30 year:4.25% Credit Score:640 LTV:96.5% loan amount:$200k APR:5.87% Conventional 15 year:3.5% Credit score:740 LTV:80% Loan Amount:$200k APR:3.62%   Rates are Subject to Change Call me today if you are...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 22
“The Challenges of Paying Off a Private Mortgage”   Many turned to alternative ways to purchase real estate after experiencing a foreclosure, short sale and bankruptcy. Many have found lease option opportunities and others have found owners that were willing to hold the mortgage.   Alfred contact...