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 Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent
(Prudential PenFed Realty, "The Real Debbie Reynolds" Your Clarksville Real Estate Professional, 931-920-6730)
Comments 37
You Can Lead a Borrower into Loan App, But You Can't Make Him Comply What can happen when you disregard the advice of your agent and the loan officer? That's right, you will get your loan denied. That is exactly what happened to the buyer on my listing. He thought he was the exception to the rule...
By Five Stars Mortgage, Florida USDA, FHA and VA Loans
(Five Stars Mortgage)
Comments 0
Mortgage interest rates as Fall 2014 are back down near all time lows, certainly the lowest level we have seen this year.  Homeowners that currently have a USDA home loan should look into the USDA Pilot Refinance program while interest rates are this low.  The USDA Pilot refinance program is for ...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 32
Last Sunday I posted a blog titled "What Is Mattress Money".  In that blog I used a couple of terms I feel I need to further clarify a little more.  Those terms are "Compensating Factors" and "Seasoned Money".   This past Wednesday I provide a further explanation of Compensating Factors, so this...
By Randy Shamburger, FHA, VA, USDA and Conventional Mortgage Expert
(Movement Mortgage)
Comments 0
Economic News in Review Greenville SC Here is last week’s Economic News in Review Greenville SC. New home construction showed indications that housing inventory is coming out of its late-summer doldrums, and initial jobless claims plummeted to a 14-year low, while retail sales shrank slightly. Ho...
By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley,, MD & VA Homes and Real Estate)
Comments 7
It's always a vehicle purchase, isn't it. Shucks, I've seen buyers turned down because of the "inquiries" on their credit report.  ALL FROM CAR DEALERSHIPS. All that does is alert the lender to the fact that, once the home in purchased, that buyer plans to buy an expensive vehicle. They think the...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 30
“My Client was Charged with 12 Counts of Larceny”   The lender that I am working with sent me a news article about this situation. I immediately called the clients to find out what happened. He immediately said it was not big deal, as he will be going to court in a couple of days and the matter w...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY October 21, 2014, 7:30 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-6 Day Close: LOCK 7-15 Day Close: LOCK 16-30 Day Close: LOCK The price for 3.50% Mortgage Loans based on MBS is currently down 0.07 point. MORTGAGE MARKET INDICATORS  FHLMC Weekly ...
By Kevin Guttman, Top Mortgage Originator
(Fairway Mortgage Corp.)
Comments 0
This Credit Restoration message is brought to you by:Kevin GuttmanSr Mortgage Banker       Top Colorado Home Loan Originatorkevin@homeandloanexperts.com877-251-9709A question you might be asking is will paying off all of my bills returnmy credit to good standing and have that item deleted from my...
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 Ricky Khamis, NMLS 173141 | CADOC 173141 - 480-339-1565
(Amerifirst Financial, Inc.)
Comments 15
Protect Your Transaction Explained in Detail Protect Your Transaction (PYT) was developed for a true need in the industry.  If you would buy a phone and pay $99.00 plus maybe the added insurance of $11.00 a month why is it that a loan has ZERO recourse for the lenders non-performance?   I have pe...
By Doug Jones, Mortgage Broker - NMLS 286668
(Mortgage Magic)
Comments 0
I can't approve every loan and win every rate battle. But, what I can do is:1. Listen to every customer with all eyes and ears.2. Let the customer know I understand by asking questions and getting feed back.3. Gather all the required information from the customer and analyze it completely.4. Stu...
By Nicole Doty, Broker/Owner of Zion Realty
(Zion Realty)
Comments 1
The regulator of mortgage giants Fannie Mae and Freddie Mac is reportedly working on a deal with the financing entities that will loosen up lending standards and make mortgages more affordable for those with less-than-perfect credit. The move is expected to expand home buyers’ access to financing...
By Hector Amendola, Creating Wealth Through Homeownership
(Alterra Home Loans)
Comments 0
We had this video playing at the NAHREP Annual Conference last week. It was an amazing event and Alterra was a big part of it. This is some insight on why Alterra is quickly becoming the talk of the Mortgage Universe! "Think Big!"
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Mortgage backed securities (MBS) closed down 6 basis points today at 103.72 having once again remained above support offered by the 103.56 level.  MBS bonds did well to lose so little ground today as stocks enjoyed a significant rally.  Europe is taking QEIII to a higher level by purchasing corpo...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Stocks enjoyed another banner day today in response to the European Central Bank's (ECB) decision to broaden their quantitative easing.  The news caused stocks to rally strongly again today.  I n just a couple days the Dow has gained back over 500 of the points it lost in the prior two weeks.  Th...
By Randy Shamburger, FHA, VA, USDA and Conventional Mortgage Expert
(Movement Mortgage)
Comments 0
VA Loan in Lake City SC   Both honorably discharged vets and active duty military personnel are eligible for a Lake City SC VA Loan which is considered to be one of the best home loan programs available today. Here's how to qualify for a VA Mortgage Loan in Lake City SC: The first step is to veri...
By Kathleen Daniels, San Jose Homes for Sale - San Jose Probate Agent
(KD Realty - 408.972.1822)
Comments 25
Is it the Blood Moon or Just a Dumb-Ass Lending Request? I don't know if it was the Blood Moon and eclipse we had early this morning or if I just have zero tolerance for ABSURDITY.  It could be both, but likely just zero tolerance for dumb-ass requests from underwriters. BUT, I am feeling like I ...
By Matt Brady, Lending With Competence And Character
(New American Funding)
Comments 0
FICO Model Adjustments Could Turn More Borrowers into Buyers September 16, 2014 Fair Isaac Corp., commonly known as FICO, recently announced impending changes to its credit scoring model that could work in many consumers' favor - including those looking to purchase a home. The changes mostly per...
The author Brigitte von Weiss of VON WEISS LAW OFFICE is an Easton MA estate planning and elder law attorney.  Website:  What is the Home and Community Based Frail Elder Waiver (Waiver) Program?    Elders who are clinically in need of nursing home care and meet the asset limits d...
By Karen Anne Stone, Fort Worth Real Estate
(New Home Hunters of Fort Worth and Tarrant County)
Comments 13
Often the question is asked about why the interest rates on second mortgages are higher than they are on first mortgages.  I have also seen a few explanations on just WHY that was the case. As often happens... most explanations made concerning mortgages tend to get pretty complicated... with, or ...