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 Eric Boucher, The FHA/VA Condo Project Approval Guy
(ReadySetLoan Condo Team LLC)
Comments 27
FHA Eliminates So-Called "Pre-payment Penalties" for Loan Payoffs Yesterday, August 26, 2014, HUD modified its procedure for interest charges when an FHA loan is paid off.  As of January 21, 2015, lenders will only be allowed to collect interest from a borrower up until and including the date on ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 14
“I’m Ready to Get Pre-Approved, Again”   What happen to the instructions I gave you 18 months ago?     1)Stay current on your car payment and your credit card. 2)Keep your credit card payment below 50% of your credit limit. 3)Arrange for a store credit card and pay off the balance each month. 4)S...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 6
CFPB Wins, FHA Changing Daily Interest Payment Procedure.  Back in June of last year I posted a blog titled "The CFPB & FHA Are At Odds With Each Other Again", about a long time controversial FHA practice.  I expected the Consumer Finance Protection Bureau (CFPB)  to win the battle when I wrote m...
By Axis Financial Consultants
(Axis Finance)
Comments 70
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 Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY August 28, 2014, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: LOCK This morning, MBS are trading at the top of their long term trading channel and today would be a good day to lock loans n...
By Bob Thompson, (562)344-LOAN | Stated Income & ALT-Doc, Direct Lenders - Residential and Commercial
(American Lending, Inc. - Direct Lenders)
Comments 2
California & FHA CHF ACCESS Loan requires only ½ % down. Residents of California can receive Down Payment Assistance for a home purchase using the FHA CHF ACCESS loan that requires only 1/2% (one half) down payment. This will help both first time and move-up or second time home buyers more easily...
By Corinne Cordon, Hard Money Lender AND Real Estate Broker
(Capella Mortgage Corp.)
Comments 2
These days, I get at least one customer a day asking me for  "soft money loan".  It's like the buzzword for 2014.  Not only does "subprime" lending not exist anymore, but it isn't politically correct to even say. Hard money is my main business, but we started providing soft money loans to our cli...
By Bill Ladewig, Experience Is Your Advantage
Comments 2
MORTGAGE INTEREST RATE LOCK ADVISORY August 27, 2014, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: NUETRAL The price for 3.50% Mortgage Loans based on MBS is currently down 0.04 point. 30 Day Close Mortgage Interest Rate Lock...
By David Krichmar,
(, 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:5.67% 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 are...
By Eileen Burns, Real Estate Broker Ft Lauderdale/Miami/PalmBeach
(Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach)
Comments 6
Corrine may be new to the Active Rain community but not new to the world of financing.  Her over view of hard money loans versus soft money loans in today's marketplace is invaluable.  These days, I get at least one customer a day asking me for  "soft money loan".  It's like the buzzword for 2014...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 1
Mortgage backed securities (MBS) closed up 6 basis points today at 105.81 having come to rest precisely on what was formerly resistance.  With no economic reports scheduled for release today MBS bonds spent the day quite close to the deck.  Words from Mario Draghi at the European Central Bank abo...
By Steve Reed, Steve Reed Branch Manager | Benchmark Home Loans
(Benchmark Home Loans)
Comments 0
With no economic reports due for release and the recent run up in stocks, bonds have drifted higher this morning. DOW, Nasdaq and S&P all opened lower. With little to catapult markets in any direction, due to low volumes on Wall Street in this last week of summer, it is expected to be a flat trad...
By Mike Bjork
(American Pacific Mortgage)
Comments 0 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 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 San Marcos, California. California trust deed at $235,000 at 12% on San Marcos investment property. See more at For more information about The Norris Group's California hard money loans or our California Trust Deed, investments, call our off...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 1
Stock futures pointed higher this morning as an astonishing durable goods increase was reported this morning.  If the aircraft purchases were not included, however, the results would have been humdrum.  The Case Shiller report on home prices showed an increase of 8.5% year over year in 20 major U...
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 to see the sto...
By Greg Harrelson, Myrtle Beach Real Estate
(C21 The Harrelson Group / C21 Charleston Expert Advisors)
Comments 2
Mortgage Brokers are catching on to Infusionsoft Most real estate agents across the country are using various CRM's to deliver drip email campaigns to their leads as well as past clients. The Top Producing Agents seem to be using a more dynamic system called Infusionsoft for their email campaigns...
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 39
  I want a great deal!  But not a fixer upper.   ....said every buyer, ever.  Wouldn't a real estate agent's life be easier if flooring didn't matter (and by flooring, I mean the wall to wall avocado green shag carpeting)?  If mold remediation wasn't cost prohibitive to selling a home?  If we cou...
By Dora Griffin, NMLS 6380
(D A Griffin Financial.LLC)
Comments 1
BUYING A HOME AFTER FORECLOSURE/SHORT SALE   The housing collapse/financial crisis of the last few years affected many home owners. Still our economy is struggling to recover. I get many calls now from folks who want to know when they can buy a home after they suffered a foreclosure/short sale. T...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 35
Yesterday I read Debbie Reynolds blog "Tale of Two Houses, Same Everything but One Big Difference" and re-blogged by Lenn Harley.  This blog caught my attention because of a Borrower I am presently working with who wants to purchase the house he is living in.  What I am experiencing with this Bor...