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 David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 2
Conventional 30 year Mortgage: 4%Credit score:740LTV:80%Loan Amount:$200kAPR: 4.22%FHA 30 year: 4%Credit Score:740LTV:96.5%loan amount:$200kAPR:5.02%Conventional 15 year:3.375%Credit score:740LTV:80%Loan Amount:$200kAPR:3.42% Rates are Subject to ChangeCall me today if you are thinking of refinan...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY May 27 2015, 7:30 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-7 Day Close: LOCK on Any Price Improvement 8-14 Day Close: LOCK 15-30 Day Close: LOCK MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 5-21-15: 3.84% - Down 0.01 Point Rate ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 19
  “Leads off My Website”  All of my blogging drives a lot of folks to my website. There are a number of places that will allow someone to fill out a very brief form. I’m not looking for any detailed information but require a name, phone or email.  As soon as I receive their inquiry, I respond by ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 24
  “They Forgot to Ask for My Social Security Number” I wonder how many folks actually fall for this crap, MR.HASSAN TRAIRATVORAKUL? THIS IS TO ACKNOWLEDGE THE RECEIPTS OF YOUR E-MAIL RESPONSE CONCERNING YOUR FUNDS SWIFT ALERT NOTIFICATION WE SENT TO YOU. BE INFORMED THAT OUR BANK SWIFT REMITTANCE...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 14
VA Approved Condo List & Approval Process.  Monday was Memorial Day, a day set aside to honor our fallen military men and women.  As much as we need to honor and remember those who have given their life to preserve the freedoms we all enjoy in this great country, it is equally important to honor...
By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(Keller Williams Realty)
Comments 3
Buyers always think that once they pay upfront money to a lender for appraisal, they can't escape from working with the same lender. True? Not so.Here's a great post from John Meussner  Can I Switch Mortgage Lenders if an Appraisal is already done?          In a word, YES.  You can.  In an explan...
By Troy Evans, CinchHomeLoans.com NMLS 399255, 309441
Comments 1
Interest rates have had a bumpy month of May, but appear to be settling down over the last week. Overall, rates are still amazing!30 Year Fixed Rate Conventional Loan3.625% Rate, 3.684% APR, $1,459.36 P&I Payment, $2,789.80 TOTAL LENDER FEES 3.75% RATE, 3.75% APR, $1,481.97 P&I Payment, $389.80 T...
By Mike Bjork
(American Pacific Mortgage)
Comments 1
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 Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY May 26 2015, 7:30 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-7 Day Close: LOCK 8-14 Day Close: LOCK 15-30 Day Close: LOCK MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 5-21-15: 3.84% - Down 0.01 Point Rate Price Based on 3% MBS - C...
By Karen Schimpf
(Commercial Capital Ltd.)
Comments 1
cc: by https://www.flickr.com/photos/mlinksva/13977162506...This loan closed on April 30th. By explaining this deal a little deeper, I think you can get some insights into just what we are able to do here at Commercial Capital.$3.35 Million Purchase and mild renovation of Golf Course & Land!Locat...
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 26
Can I Switch Mortgage Lenders if an Appraisal is already done?       In a word, YES.  You can.  In an explanation, like so many things in the mortgage world, it's a gray area.  Some lenders won't accept them at all.  Others will require a borrower use a certain loan product if they want to use an...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 9
“Continuing to Build My Business Facebook Page”I am kind of late when it comes to building my Right Trac Facebook presence. But guess what? it is starting to payoff. These days I get two or more mortgage inquiries a week.I took a snapshot of the activity from last week. Can you assist me to “LIKE...
By Bob Elliot
(RE/MAX Advisors)
Comments 0
Last week's economic reports included several readings related to housing The Wells Fargo/National Association of Home Builders Housing Market Index, the Commerce Department's releases on Housing Starts and Building Permits, and the National Association of Realtors® report on Existing Home Sales ...
By Jeff Jensen
Comments 1
Fed Chief Janet Yellen's comments late Friday that rate hikes later this year may be appropriate if our economy continues moving forward in a sustainable fashion, probably caused equity traders to dread the opening of the domestic markets today.  True to form Standard & Poor futures stumbled out ...
By Brett Sampson, Texas Lender
(Berkshire Lending, LLC)
Comments 1
I’ve written about this before, but I think it’s worth repeating:If you are trying to purchase a house using part time job income the underwriter will want to see that you have a two year stream of this part time income before they will give you credit for it.Incidentally it works the same with b...
By Jeff Jensen
Comments 0
Mortgage backed securities (MBS) closed up 28 basis points today at 104.28 having advance through resistance offered at the 104.06 level and closed just 10 basis points below resistance offered by the 25 day moving average.  After sliding backward by 44 basis points last week, it was nice to see ...
By Bill Kamboukos
(Strategic Mortgage)
Comments 1
    In today’s real estate market, it is not uncommon for a home to be purchased for cash. Often times if you can purchase a home for cash and close right away, you are able to have a higher likelihood of having your offer accepted or getting a better price for the home. However, one thing that n...
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.  ...
Buying a home involves a whole series of complex terms and procedures that can be confusing for first time buyers. The American real estate system features a variety of specialized practices to transfer properties safely and protect landowners, lenders, buyers, and sellers alike. However, the ter...
By yanni raz
(hml investments)
Comments 1
Investing With Hard Money Commercial Loans Out of all the tasks that go into buying commercial property, the one that takes the most time and requires the most paperwork is getting the loan to finance the property. This is usually always the case when applying for a loan through a conventional le...