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 28
“I Find the More I Give Away, the More Comes Back”   I was having lunch with a Realtor the other day, he has referred a couple of clients to me in the past. Neither of these opportunities were easy transactions to do, one got done, the other would be about a year before these folks would be in a ...
By Sally K. & David L. Hanson, WI Realtors - Luxury - Short Sale - CDPE, REDS
(Keller Williams 414-525-0563)
Comments 18
  We have learned through our own experience and from others in our industry...that the choice of a lender...and going one step further...a loan officer within a lending institution is a HUGE part of the puzzle piece that puts a transaction together.    If both listing and selling agents are not ...
By Sheila Moylan, Working To Get Value For Your Money
(C21 - Commonwealth)
Comments 1
A Short Sale And It’s Affect On Your Ability To Buy Another Home   The last few years have been financially difficult for millions of homeowners, with job losses and decline in home values devastating families all over the US. As a result, a great number of homes have gone through short sales, wh...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 3
There are precautions which need to be taken when going through a divorce can take, however, one of them should not be questioning and double checking the guidance and advice received by professionals guiding you through the divorce process.  One of the professionals relied on the most during a d...
By Rob Spinosa, Marin Mortgage Broker
(RPM Mortgage, Marin County, CA)
Comments 0
The Top 3 Reasons Your Financial Advisor Wants to Work with Me   As a successful real estate agent, I am certain a portion of your referral business comes from the financial advisors with whom you’ve built trusted relationships.   They call on you first when they have clients who need help with r...
By Whitney Watson
(First Home Mortgage)
Comments 1
A Realtor recently asked why I will not issue a pre-approval letter before I have received all the supporting documentation.  She was curious as she works with a few different lenders and some require this and some do not. I explained to the Realtor that most of the time you are probably fine onl...
By Barbara Mooers, 253-278-6389 HomeLoans;VA Loan-Specialist WA State
(Primary Residential Mortgage, INC)
Comments 99
You have done the hard part in the house buying process and chosen a lender and a real estate agent to work with.  You have also gone out and found the home of your dreams!  Best of all, your team has done a great job of negotiating the best deal for you.   Now, as a buyer, all you have to do is ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 45
“Why Should I Use a Realtor to Sell My Home?”   Unfortunately more home sellers are asking this question. They bring up Zillow and Trulia as ways to circumvent having to pay a Realtor, which is absolutely crazy. The truth is home sellers don't save anything, as a matter of fact they more ofte...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 21
   The Connecticut Housing Finance Authority (CHFA) has introduced their new Connecticut Housing Finance Authority (CHFA) HFA 3% Down Conventional Mortgage.  This is great news for Connecticut First Time Homebuyers, and for the housing market in Connecticut.  The Connecticut Housing Finance Auth...
By Jason E. Gordon, Residential Mortgage Specialist, CMPS, CDPE, CMHS
(AmeriFirst Financial Inc, San Diego, CA)
Comments 0
On the heals of a rough day in the market, we have continued this disturbing rate trend today. Mixed economic data has caused a volatile morning. Two early economic reports were negative for Mortgage Backed Securities (MBS). The Employment Cost Index which measures the cost of labor, increased du...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 17
“Mortgage for a Second Home”   Over a year ago, I wrote a blog regarding mortgages on second homes and as a result got a call from someone in NH. He asked me what the process would be to get a mortgage on a home that was a second home, but not a year round home or what is commonly known as a thre...
By Doug Jones, Mortgage Broker - NMLS 286668
(Mortgage Magic)
Comments 0
There was a pop song called Little Boxes back the early 1960's. Here are some of the lyrics -perhaps you remember the song,     In boxes made of ticky tacky And they all look just the same.There's a green one and a pink oneAnd a blue one and a yellow one,And they're all made out of ti...
By Patricia Kennedy, For Your Home in the Capital
(Evers & Company Real Estate, Inc.)
Comments 13
Whitney does a wonderful job of explaining the problems you can get into trying to defend your credit!  And I sure never understood how this whole thing works.   Why Do Credit Disputes Have to Be Removed Before My Mortgage Can Be Approve? This post has been a draft for almost a month, but I just ...
By Eric Boucher, The FHA/VA Condo Project Approval Guy
(ReadySetLoan Condo Team LLC)
Comments 6
FHA Condo Approvals – Ask Mr. Condo Bob Gourley is Mr. Condo.  He is the Chair of the Public Relations Board of the Connecticut Chapter of CAI.  His Ask Mr. Condo site is a place where folks can go and ask questions about anything condo.  It is a fantastic resource for condo and other community a...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY July 31, 2014, 8:00 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 0.04 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 8
   Connecticut Housing Finance Authority (CHFA) FHA vs FHA Mortgage Program.  The Connecticut Housing Finance Authority (CHFA) is the premier First Time Homebuyer mortgage program in Connecticut, and recently introduced their new Connecticut Housing Finance Authority (CHFA) HFA 3% Down Conventio...
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 Michael Dagner, Your Denver Homes Realty Expert
(Brokers Guild Classic)
Comments 2
This is great information for anyone having trouble with the credit bureaus in getting them to remove something that shouldn't be there.   I had a similar situation occur with my own credit report.  Couldn't get the credit bureau to cooperate and remove incorrect information on the report...
By Steve Reed, Steve Reed Branch Manager | Benchmark Home Loans
(Benchmark Home Loans)
Comments 0
Americans filing for first time unemployment benefits rose in the latest week after declining to a 14-year low in the previous week. The Labor Department reported that Weekly Initial Jobless Claims rose by 23,000 in the week ended July 26 to 302,000, which was just below the 310,000 expected. The...
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.  ...