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 May 4, 2015, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-7 Day Close:  LOCK 8-14 Day Close: FLOAT With Caution 15-30 Day Close: FLOAT With Caution MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 4-30-15: 3.68% - Up 0.03 Point Rat...
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 33
They Said It Better Than Me       I try to keep folks in the loop all the time about what's happening in the mortgage marketplace, specifically when it comes to the question on everyone's mind - "where are rates headed?".      It's a tough question to tackle, because most of the media outlets tha...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 34
“How Do You Decide on Your Blogging Content?” I got an email from a loan officer who is from Florida. We are connected on Linkedin and indicated he has been a regular reader of my blogs for over a year. He sent me a message asking how I come up with my content? He let me know he wants to start bl...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 9
 IMPORTANT Connecticut Housing Finance Authority (CHFA) NOTICE!!! Effective this past Friday all CHFA reservation on or after May 1, 2015 the Connecticut Housing Finance Authority (CHFA) will require Homebuyer Education Classes approved by a CHFA/HUD Housing Counseling Agency for ALL CHFA loan pr...
By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(Keller Williams Realty)
Comments 10
One thing common between Joe Petrowsky and I is - we love referrals! And how does he track his referrals? Well, read this re-blog, a simple and yet powerful system. “My Referral Tree of Life”   I track everything having to do with my business, most importantly, where all my referrals come from. I...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 3
  As I stated in my blog yesterday, Important Connecticut Housing Finance Authority (CHFA) Notice!!!, effective last Friday ALL CHFA reservation on or after May 1, 2015, the Connecticut Housing Finance Authority (CHFA) will require Homebuyer Education Classes approved by a CHFA/HUD Housing Counci...
Mortgage rates are determined by inflation rates in an economy. If inflation rates are high, mortgage rates are likely to be high if inflation rates are low, then mortgage rates are likely to be low. The economic status of the nation has been slowed and point blank flat, which has affected the Fe...
By Margaret Kapranos, Matching Marin Sellers to Buyers! 415-608-5070
(Coldwell Banker)
Comments 18
Well, that may be so but there's always another year!  My top 5 real estate  tips to become real estate investor savvy are:1.  Buy real estate if you don't already own it.  Why?  The world of deductions, my friend.  Not to under-play the deduction for the self-employed who already deduct expenses...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“Realtor was Pissed” Ray called me and he was definitely not a happy camper. He was selling an investment property to some clients. They had gone to a Big Box Bank and applied for an 80% mortgage. These buyers were told they were going to get a 30 year fixed rate loan for 2.75% with no points.  T...
By Bob Elliot
(RE/MAX Advisors)
Comments 0
Last week's economic news included S&P Case-Shiller Home Price Index reports, the Fed's FOMC meeting statement and pending home sales. Freddie Mac mortgage rates and weekly jobless claims were also released as usual. The details: Case-Shiller: Denver Leads Home Price Gains in FebruaryThe S&P Case...
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.  ...
By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
Comments 1
Understanding Closing Costs & What You May Pay To Settle Your Purchase    Closing Costs To The Buyer:Lender’s Policy:  $275FF9 Endorsement:  10% Total PremiumAdditional Endorsements:  $35Settlement Fee:  $395Doc Stamps (Note): $.035 per $100 of Loan Intangible Tax (Mortgage):  $.020 per $100 of L...
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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 35
                                                         “Explain it to Me, Please” I am very fortunate to be working with many Realtors from all over the country. Many times we talk about business including how their business is going and what they are doing to generate new business. One of the ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 31
“My Referral Tree of Life” I track everything having to do with my business, most importantly, where all my referrals come from. I have set up an Excel spread sheet, if someone is referred they are referred by someone and most likely I already have them in my system, if I don’t I start out with a...
By Spirit Messingham, Third Generation Full-Time Realtor® 520 471-6900
(Tierra Antigua Realty)
Comments 0
   LOOKING AHEAD   Economic Indicator Release Date & Time Consensus Estimate Analysis Factory Orders Monday, May 4, 10:00 am, et Up 0.1% Important. A measure of manufacturing sector strength. Weakness may lead to lower rates. Trade Data Tuesday, May 5, 8:30 am, et $36b deficit Important. Affects ...
By Spirit Messingham, Third Generation Full-Time Realtor® 520 471-6900
(Tierra Antigua Realty)
Comments 0
   Market Commentary   Mortgage bond prices finished the week lower which pushed mortgage interest rates sharply higher. Rates were neutral Monday morning but pushed higher midweek despite rate friendly data. Consumer Confidence came in at 95.2 versus the expected 102.2 mark. Advance Q1 GDP rose ...
By Diann Tyler
Comments 0
TYPES OF REVERSE MORTGAGESSingle-purpose reverse mortgages are offered by some states and local government agencies and nonprofit organizations. Single-purpose reverse mortgages are the least expensive option available. They can only be used for one purpose, which will be determined, by the gover...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 15
“Cancelling All Your Credit Cards Won’t Improve Your Credit” From time to time I will look at a credit report where someone has canceled all of their credit cards and when asking the person as to the why they say two things and this guy was no different. He said he thought doing that would improv...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Terms Posted Rates Preferred Rates 6 MONTHS 3.14% 3.10% 1 YEAR 2.99% 2.29% 2 YEARS 2.94% 2.19% 3 YEARS 3.44% 2.34% 4 YEARS 3.94% 2.54% 5 YEARS 4.79% 2.64% 7 YEARS 6.04% 3.39% 10 YEARS 6.50% 3.84% Rates are subject to change without notice. OAC E&OE   Prime Rate 2.85% 5 yr variable 2.20%   Call m...