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 24
 Last month I wrote a blog titled Appraisal Requirements & Responsibilities For Conventional Loans, where I covered some of the requirements Lenders and Appraisers have to follow and attest to on appraisals for conventional loan programs.  In this blog I will cover another important component of ...
By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
Conventional 30 year Mortgage: 4%Credit score:740LTV:80%Loan Amount:$200kAPR: 4.12%FHA 30 year:4%Credit Score:740LTV:96.5%loan amount:$200kAPR:5.02%Conventional 15 year:3.375%Credit score:740LTV:80%Loan Amount:$200kAPR:3.42% Rates are Subject to ChangeCall me today if you are thinking of refinanc...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY May 6, 2015, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-7 Day Close:  LOCK 8-14 Day Close: LOCK 15-30 Day Close: LOCK MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 4-30-15: 3.68% - Up 0.03 Point Rate Price Based on 3% MBS - Cu...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 46
“Realtor was Pissed” Ray called me and he was definitely not a happy camper. He was selling an investment property to some clients. They had gone to a Big Box Bank and applied for an 80% mortgage. These buyers were told they were going to get a 30 year fixed rate loan for 2.75% with no points.  T...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 13
  As I stated in my blog yesterday, Important Connecticut Housing Finance Authority (CHFA) Notice!!!, effective last Friday ALL CHFA reservation on or after May 1, 2015, the Connecticut Housing Finance Authority (CHFA) will require Homebuyer Education Classes approved by a CHFA/HUD Housing Counci...
By Jason E. Gordon, Residential Mortgage Specialist, CMPS, CDPE, CMHS
(AmeriFirst Financial Inc, San Diego, CA)
Comments 0
Yet another tough day for mortgage rates! Mortgage Backed Securities have contnued to trend down despite weaker than expected ADP Employment data. First quarter productivity came in at the consensus.Compared to yesterday's closing, the market has opened with a 0.125 - 0.250 worsening the Points/C...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 24
“The Dad is a Banker and He Referred his Daughter” Sure I have known this banker for 30 years, but my feet were hitting the ground about every ten steps. He could easily have gotten someone at his bank to take care of his daughter as she is ready to buy a home but instead he recommended me, what ...
By Mike Tizzano, Protect Your Transaction Certified Lender
(Amerifirst Financial, Inc NMLS 145368 LO:1015837)
Comments 2
   Personally I am conservative with my finances.  I haven't always been that way but having made some mistakes in my younger days my attitude has changed over the years.  Many of those mistakes are a direct result of my habit of trying to predict the future.  I'm an optimist so I almost always p...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 11
“More Lenders Getting into the New Construction Business?” We have come full circle when it comes to new construction lenders. 5-6 years ago we had a dozen lenders that were representing this type of lending and business dried up overnight. But slowly but surely, new lenders see construction lend...
By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(Keller Williams Realty)
Comments 32
One thing common between Joe Petrowsky and I is - we love referrals! And how does he track his referrals? Well, read this re-blog, a simple and yet powerful system. “My Referral Tree of Life”   I track everything having to do with my business, most importantly, where all my referrals come from. I...
By Bob Crane, Forestland Experts! 715-204-9663
(Woodland Management Service)
Comments 4
I cant imagine buying leads either Joe, it just seems like a good way to throw away a lot of money and time.                                                          “Explain it to Me, Please”   I am very fortunate to be working with many Realtors from all over the country. Many times we talk abo...
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 Elite Team, Realtors/Career Consultant
(Keller Williams Realty Acadiana)
Comments 1
Information to Improve Homeownership Rarely, does one size fit everyone and the same goes for advice. The following suggestion is not right for everyone. However, for people with job security and who don't own a home; for people with good credit and enough savings for a down payment, there may ne...
By Bob Crane, Forestland Experts! 715-204-9663
(Woodland Management Service)
Comments 6
I think that you gave him very good advice Joe, many of mine start out as yours do. “How Do You Decide on Your Blogging Content?”   I got an email from a loan officer who is from Florida. We are connected on Linkedin and indicated he has been a regular reader of my blogs for over a year. He sent ...
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 0
Mortgage backed securities (MBS) closed down 22 basis points today at 100.69 having fallen through virulent support offered at the 200 day moving average prior to bouncing back to close just 3 basis points above it.  Staying above this solid support level is important if mortgage rates are to rem...
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 Bermuda Dunes, California. California trust deed at $187,000 at 10.5% on Bermuda Dunes investment property. See more at http://ow.ly/MCDbfFor more information about The Norris Group's California hard money loans or our California Trust Deed, investments, call ...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 1
S & P 500 futures started bravely in the plus area early today as the news from around the globe was swirling in all directed.  The ADP jobs report came out shortly thereafter reflecting a number 20,000 lower than even the low estimates.  In addition, they adjust the two previous months downward....
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 55
Borrowers Need To Beware Of Zillow's New Mortgage Pre-Approval Tool.  Zillow just launched its new Mortgage Pre-Approval Tool which according to Zillow "allows home shoppers to get pre-approved for a mortgage quickly and easily".  Sounds good right?  Well like most anything else, a consumer, in t...
By Joe Pryor, REALTOR® - Oklahoma Investment Properties
(The Virtual Real Estate Team)
Comments 0
 Oklahoma City real estate for investment has been heating up again but two groups have not been able to get loans to extend their portfolio, foreign nationals and US citizens with 10 mortgages. We are happy to report that we have foreign national financing available for the first time since 2006...