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 69
“10 Years After Being Fired”   Life is often strange with many twists and turns. 10 Years ago a Realtor notified me by email that even though I had done a preapproval for a client, that the client was going somewhere else for the mortgage.   I told her that is fine, but will need to follow up wit...
By David Krichmar,
(, FHA, VA, USDA, HomePath, Jumbo)
Comments 2
Conventional 30 year Mortgage: 4.25% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.59% FHA 30 year:4.125% Credit Score:640 LTV:96.5% loan amount:$200k APR:5.67% 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 ar...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 11
Joan Cox wrote a blog yesterday titled "When Listing A Home Is Not The Best Choice".   Her blog made me think of the number of Borrowers I meet with who are selling their home, and are surprised to find out the full difference between the Selling Price, and what they still owe on the ho...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 18
“Know What You are Good At”   I referred a client recently to a bank for a construction loan, a 2.5 million dollar construction loan. Could we have done it, maybe. We currently have one construction lender that we started using, but most lenders have been out of this part of the market.   I have ...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY August 20, 2014, 7:45 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 0.14 point. 30 Day Close Mortgage Interest Rate Lock or F...
By Mike Rankin, Mortgage Consultant
(Right Trac Financial Group, Inc. NMLS # 2709)
Comments 2
You have have heard of it... No PMI (Mortgage Insurance) with only 5% down.   Is it true and does it work? Yes and yes!    Typically, when you put 5% down on a Conventional Mortgage loan you are paying mortgage insurance that is ordered via the bank and paid in your monthly mortgage payment.  Hen...
By Dennis Dahlberg
(Level 4 Funding )
Comments 1
What kind of Arizona Hard Money do I want?     There are two different kinds of Arizona hard money that is available to you. Both are exceptionally similar, but they each have different benefits to the borrower. The two types of Arizona hard money are Hard money lender Arizona and private money l...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 27
“Article Says, Refi Boom is Officially Over”   The author must be on a different planet. The so called refi boom has been over for at least two years, if not longer in many parts of the country. That doesn’t mean that we are not doing refinance transactions every day.   There are still many homes...
By Jason Potrzeba, Private Money & Commercial Mortgage Broker - MA/RI
(Acadia Advisory Group LLC)
Comments 3
This blog post was originally titled "Private Money in Action" however when I was posting the following pictures it occured to me that this lead and eventual closing came to me through Activerain. Pretty cool.   Anyway, telling the story with words is one thing. Sometimes it's nice ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 34
  “Video, a Whole New World for Me”   I have been working with Video guru Kyle Reyes. Kyle is an active blogger and does some outstanding video work. Kyle worked with me doing videos on two entry level homes that we just completed and are now putting on the market.   During the course of doing th...
By Mike Bjork
(American Pacific Mortgage)
Comments 1 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 Steve Reed, Steve Reed Branch Manager | Benchmark Home Loans
(Benchmark Home Loans)
Comments 0
The Mortgage Bankers Association reported that its Market Composite Index, a measure of total loan application volume, rose by 1.4% in the latest week as home loan rates continue to hover near 12-month lows. However, the purchase index fell by 0.4% and continue to disappoint with low numbers desp...
By David Kosmecki
(Mortgages Unlimited)
Comments 0
Is it always the best idea to pay off a mortgage over 30 years? While it may help a homeowner lower his or her monthly payment, it can mean paying more in interest and waiting several more years to build sufficient equity in the home. The question can a homeowner reduce the amount of tim...
By Brett Sampson, Texas Lender
(Berkshire Lending, LLC)
Comments 0
The governments many agencies that police the mortgage industry continue to do what they do best… …which is pass new regulations with the intention of “protecting the public” that ends up costing the public big time. Case in point: Private mortgage insurers could be forced to raise their prices i...
By Whitney Watson
(First Home Mortgage)
Comments 4
If you are looking for an FHA approved condo in Chesterfield or Midlothian Virginia, there are some great options out there.  Just like I mentioned in my blog post regarding FHA approved condos in Richmond Virginia, you will want to start with looking at the list of FHA approved condos in Chester...
By Steve Reed, Steve Reed Branch Manager | Benchmark Home Loans
(Benchmark Home Loans)
Comments 2
The housing sector received positive news today signaling that the recovery may be back on track after stalling in the second half of last year. The Commerce Department reported that July Housing Starts surged by nearly 17% from June to an annual rate of 1.093 million units, above the 964,000 tha...
By Steve Taplin
Comments 0
Myths can start so easily and quickly become ubiquitous. Listening to them can do some grave damage to your site or business. So let’s review five of the most common myths. Myth 1: If You Build it…. They Will ComeThis is a favorite tune of the content marketing. Just build an amazing website with...
By Axis Financial Consultants
(Axis Finance)
Comments 58
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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 42
“Bait and Switch is Alive and Well”   I was reading an article about a fine that was assessed by the CFPB against Amerisave Mortgage Corporation and its affiliate Novo Appraisal Management Company. The fine was 19.3 million big ones.   This bait and switch stuff has been going on in the mortgage ...
By The Albert Team KW Port St. Lucie FL 34986 Market Updates and Trends, PGA Village, Tradition, St. Lucie West
(Keller Williams Realty)
Comments 1
Bad Stuff Happens - So does Good Stuff NEW Seasoning Requirements for Buying a Home   Bad Stuff Happens to us all.  Many in Florida,  have personally been effected by "Bad Stuff" during the real estate collapse.  There is light at the end of that tunnel for everyone who was hurt, lost p...