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 Mark Taylor, 602-361-0707 #MarkTaylor #Awesomerates NMLS#207897
(and for 1st Time Buyers, Move Up Buyers & Investors )
Comments 0
Will Refinancing Your Mortgage Really Pay Off?     To refinance a mortgage means to pay off your existing loan and replace it with a new one. There are many reasons why homeowners opt to refinance, from obtaining a lower interest rate, to shortening the term of the loan, to switching mortgage loa...
By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
Conventional 30 year Mortgage: 4.5% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.79% FHA 30 year:4.25% Credit Score:640 LTV:96.5% loan amount:$200k APR:5.87% Conventional 15 year:3.5% Credit score:740 LTV:80% Loan Amount:$200k APR:3.72%   Rates are Subject to Change Call me today if you are ...
By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 1
HomeBridge Financial Services will now go down as low as a 580 Credit score!!! There are some important points/restrictions to keep in mind: This isn't for the person living with Mom that has bad credit- It is for the good person that something bad happened t. We need a 12 month housing payment ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 10
“Inquiry Says POOR Credit, but Score is 675”   I normally get 3-5 inquiries off my website every week. The information requested is very basic - name, phone number, email address, estimated mortgage amount needed, rate your credit and comments.   It always amazes me how many folks view their cred...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 15
“FHA Needs to Lower Fees and MI”   Three times last week, someone didn’t qualify for an FHA loan because the fees, primarily the monthly mortgage insurance.   For these three different transactions the monthly mortgage insurance were as follows: $409, $361 and $212 and that amount stays in place ...
By Eric Boucher, The FHA Condo Approval Guy
(ReadySetLoan Condo Team LLC)
Comments 12
VA Condominium Project Approvals Update This is the final article that I had planned to write about the round table session that I attended in Washington DC last month.  While our company specializes in FHA condominium project approvals, we have also helped to facilitate the VA condo project appr...
By Bill Ladewig, Your FHA Guru - FHA and VA Loans Since 1970
Comments 1
MORTGAGE INTEREST RATE LOCK ADVISORY April 23, 2014 8:00 AM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: FLOAT The cost for a 4.00% rate based on Mortgage Backed Securities is down 0.20 point. 30 Day Mortgage Interest Rate Lock or Float ...
By Will Nesbitt, Nesbitt Realty is a family-run brokerage.
(Nesbitt Realty at Condo Alexandria)
Comments 0
Creative way to come up with a down payment, is an interesting article with a useful tip for those interesting in purchasing a home. For more specific information about coming up with a down payment, continue reading below. I get this question sometimes: “Can I sell a car to come up with a down p...
By Brett Sampson, Texas Lender
(Berkshire Lending, LLC)
Comments 0
I get this question sometimes: “Can I sell a car to come up with a down payment?” The answer is “yes”. …It’s possible to sell a personal asset (car, boat, jewelry, baseball card collection, etc.) to raise the money for your down payment. Here is what you would need to provide the mortgage company...
By Mike Bjork
(FirstCal 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 Bruce Walter
(Keller Williams Realty Lafayette/West Lafayette, Indiana)
Comments 37
    Social Security Administration using the IRS to seize tax refunds on alleged overpayment long ago.   I am just fine with my tax dollars going to support our federal government as I can't afford to hire an infantry division to keep Vladimir Putin out of my backyard, or pave the roads so I can ...
By Axis Financial Consultants
(Axis Finance)
Comments 18
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 Mark Taylor, 602-361-0707 #MarkTaylor #Awesomerates NMLS#207897
(and for 1st Time Buyers, Move Up Buyers & Investors )
Comments 1
Tips For Investing Like A Pro     Real estate investments are still going strong and will probably continue to be a popular method of financial gain for some time in the future. Real estate is solid. It is a tangible product that is attractive to both beginning investors and experienced pros. The...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 23
“Switching Loan Products in the Middle of a Transaction”   Sometimes a mortgage doesn’t work out the way it’s supposed to. So, is there a fix, a solution that can still work?   Amy called my office yesterday morning. She had just been denied by her bank for an FHA mortgage. The problem, the appra...
By Bill Ladewig, Your FHA Guru - FHA and VA Loans Since 1970
Comments 1
MORTGAGE INTEREST RATE LOCK ADVISORY April 22, 2014 8:30 AM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: FLOAT The cost for a 4.00% rate based on Mortgage Backed Securities is down 0.20 point. 30 Day Mortgage Interest Rate Lock or Float ...
By Neil Coleman
(First Midwest Bank NMLS#143306)
Comments 1
Fannie Mae released its April Economic and Housing Outlook today revealing that the slow growth pattern in the first quarter of 2014 is expected to gain momentum in the second quarter. The increase is expected to come from stepped up government spending and a diminishing drag from a slowdown in i...
By Lynn B. Friedman, Realtor - 404.939.2727 ATL BuckheadMidtownWestside
(Atlanta Homes ODAT Realty - Serving Clients is our Business - One Day At a Time.)
Comments 2
Dear Readers- Melissa Zavala often raises our knowledge level about "distressed" home sales.  In her post today, she gives us links to even more information. The Foreclosure and other similar sales situations are difficult for many owners as reality wakes them up to a nightmare. Thanks for teachi...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Amid a bevy of earning reports, some good and some not, S & P 500 futures began pretty much flat.  A report showed that house prices in March we up 6.9% from 2013.  The strong growth from last year has slowed but good progress is still being made.  The Richmond Fed Manufacturing report show a nic...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Mortgage backed securities (MBS) closed up 9 basis points today at 104.12 having passed through resistance offered by the 25 day moving average and come to rest just 12 basis points below the 50 day moving average.  MBS bonds managed a positive session despite a fairly strong showing in U.S. stoc...
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 Palm Desert, California. California trust deed at $195,000 at 12% on Palm Desert investment property. See more at http://ow.ly/w3s0M For more information about The Norris Group's California hard money loans or our California Trust Deed, investments, call our o...