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 Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY April 20, 2015, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-6 Day Close:  LOCK 7-15 Day Close: FLOAT With Caution 16-30 Day Close: FLOAT MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 4-16-15: 3.67% - Up 0.01 Point Rate Price Ba...
By Mary Yonkers, Erie/PA Real Estate Instructor
(Alan Kells 1-814-881-7548)
Comments 1
Why does the lender make getting a mortgage loan so difficult? Well, the simpliest answer goes back to an old, old saying, 'He who has the gold make the rules.'  And just what are the lenders' rules?     As a Real Estate instructor for Alan Kells School of Real Estate I use the 'Lender's Triangle...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 14
  “The Big Interest Rate Question” I have never understand why many think that they can get a better interest rate from a bank, compared to what they can get through a mortgage broker. Every mortgage broker and bank makes a decision as to how much they want to make on any mortgage. Our philosophy...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 31
“Some Unrealistic Expectations”  One of my Realtor referral partners contacted me to discuss a potential home buyer. She told me that she was contacted by someone that wants for buy a home, but is totally unrealistic about how much home she can buy and has yet not been pre-qualified for a mortgag...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 19
These days property issues are as much of an issue in obtaining financing as issues with Borrowers.  One of the property issues which is very common in older homes here in Connecticut, especially multi-family properties, is asbestos.   Here in Middletown, CT we have several areas of town which ha...
By Bob Elliot
(RE/MAX Advisors)
Comments 0
Last week's economic reports included the NAHB Wells Fargo Housing Market Index, Housing Starts, and Freddie Mac's weekly survey of mortgage rates. Other news included the weekly jobless claims report and consumer sentiment for April. Mortgage Rates, Jobless Claims RiseMortgage rates moved up acc...
By First Choice Florida Realty and Vacation Rentals
Comments 3
First blog post...looking for financing answers in St. Augustine, for Vacation rental property.   Ok, so this has nothing to do with Tim Tebow, but since it is my first Activerain blog post, I figired I would start with a Hail Mary pass. "Condotel" financing.   Is there anyone out there who has a...
By Troy Evans, CinchHomeLoans.com NMLS 399255, 309441
Comments 0
Rate update for April 20, 2015.  30 Year Fixed Rate Conventional Loan3.5% Rate, 3.537% APR, $1,436.94 P&I Payment, $1,954.60 TOTAL LENDER FEES 3.625% Rate, 3.625% APR, $1,459.36 P&I Payment, $1,661.40 TOTAL LENDER CREDIT 3.75% RATE, 3.75% APR, $1,481.97 P&I Payment, $3,914.20 TOTAL LENDER CREDIT ...
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 Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Mortgage backed securities (MBS) closed down 9 basis points today at 102.44 having once again fallen below resistance offered by the 102.47 level.  As stocks rebounded today, MBS bonds found it hard to remain above water.  The bonds which spent most of the day down just 3 basis points, slid away ...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Stocks, which reacted badly to some margin call changes in Chinese equity markets Friday, bounced back as of result of some stimulus measures once again from China.  European shares soared on the news and equity markets here shared their enthusiasm.  Morgan Stanley earnings further stimulated mar...
By JoAnn Moore, Home Loans in Delaware
(The Mortgage Market of Delaware)
Comments 5
Home Loans for Veterans If you are a Veteran with a mortgage at an interest rate of 4.5% or more, this information may be of great benefit to you. You may be able to obtain a streamlined refinance loan to pay off your current loan without an appraisal. The loan to value ratio is based on the orig...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 26
“Converting Clients from One Loan to Another to Save Big Money”  These clients were referred by someone that I had done a FHA streamline mortgage for. During that process I saved their friend just over $200 per month, not bad with no out of pocket money and these folks wanted to accomplish the sa...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 24
I just read an article in Fortune Magazine which I found interesting and surprising.  The article was titled "These are the 10 happiest jobs in America For "middle-market" positions", and was based on a report from CareerBliss.  CareerBliss claims the 10 happiest "middle-market" Career In the Uni...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 22
“The Value of an Outstanding Lender Account Rep”  You can’t be in the mortgage or real estate business and not understand how challenging getting loans closed can be. We are so fortunate to work with a number of lenders that have outstanding account reps, as they are often the reason a difficult ...
By John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 2
Friday Market Wrap - 4/17/15       I know, it's not Friday.  In some parts of the country, it's actually Sunday, but since our rates don't change over the weekend we're still OK.  Rates had a good week, and though the markets saw some volatility, it was a relatively calm week.  Rates are still si...
By Sarah & Les Oswald, Broker, Realtor, SFR, PMC and Investor
(Eastvale Team Realty & Property Mgmt)
Comments 3
During a purchase or sale transaction, all team players must put 100+ percent of their ability and effort in order to see all parties reach the closing table. One team player...the lender is usually the one who holds it all together. He or she has the power within its little finger. I can't imagi...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 62
                                        “Lender Doesn’t Like the Appraisal They Ordered” Sometimes you just can’t win. I have not been an advocate of the current appraisal system. First there was HVCC that took away the living of many wonderful appraisers in this country. A system was created whe...
By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
Comments 0
Interest rates for buying a home on the Palos Verdes Peninsula remained steady this week..The following are excerpts from the newsletter on interest rates published by HSH Associates : "In an April valley between the market-moving monthly employment report (out on the first Friday of each month) ...
By Spirit Messingham, Third Generation Full-Time Realtor® 520 471-6900
(Tierra Antigua Realty)
Comments 0
Mortgage bond prices finished the week higher which pushed mortgage interest rates lower. Rates were positive the first portion of the week. Retail sales rose 0.9% versus the expected 1% increase which was rate friendly. The producer price index rose 0.2% as expected. The core, which excludes vol...