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 George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 60
One of the misconceptions Homeowners as well as even some Real Estate Professionals have is that if a Homeowner goes through bankruptcy, the mortgage is discharged along with all the Homeowner's other debts.  The reason why Homeowners who have gone through bankruptcy a believe this, is becaus...
By Debbie Walsh, Hudson Valley NY Real Estate 845.928.8000
(Keller Williams Realty)
Comments 5
This is a post written by George Souto of Mccue Mortgage.  Many times homeowners are under the impression that bankruptcy wipes the slate clean of mortgage debt - NOT SO. One of the misconceptions Homeowners as well as even some Real Estate Professionals have is that if a Homeowner goes through b...
By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
Conventional 30 year Mortgage: 4.25% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.59% 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:3.62%   Rates are Subject to Change Call me today if you are...
By Bill Ladewig, Your FHA Guru - Closing Home Homes Since 1970
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY July 23, 2014, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: FLOAT The price for 3.50% Mortgage Loans based on MBS is currently down 0.02 point. 30 Day Close Mortgage Interest Rate Lock or ...
By Eric Boucher, The FHA/VA Condo Project Approval Guy
(ReadySetLoan Condo Team LLC)
Comments 5
Can Our Mixed Use Condominium Get Approved with FHA? Following my article in the Charlotte Observer on Saturday, a developer contacted me regarding an FHA condominium approval for his mixed use condominium building.  It is a 3-story building with 20 residential units on the top two floors.  The f...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 21
“The Challenges of Paying Off a Private Mortgage”   Many turned to alternative ways to purchase real estate after experiencing a foreclosure, short sale and bankruptcy. Many have found lease option opportunities and others have found owners that were willing to hold the mortgage.   Alfred contact...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 1
This week our Loss Mitigation Department presented a Workshop on the Loss Mitigation Process so other department are more aware of the process from start to finish.  I attended the workshop because I wanted to have a better understanding of the Loss Mitigation Road To A Short Sale. Even though I ...
By Brett Sampson, Texas Lender
(Berkshire Lending, LLC)
Comments 0
I hope your having a good week so far! In keeping with recent posts – I want to go over the VA guidelines for Foreclosure, and Bankruptcy. Here ya go… VA   Short SaleDeed-In-Lieu of ForeclosureForeclosure 2 years from completion dateIf extenuating circumstances exist – 12 months from completion d...
By Roy Kelley, Roy and Dolores Kelley Photographs
(Retired Real Estate Broker, Maryland Blogger)
Comments 12
CFPB ruling to help heirs to avoid foreclosure   “The Consumer Financial Protection Bureau (CFPB) issued guidance Tuesday aimed at making it easier for surviving family members who have inherited a property due the death of a loved one to be added to the mortgage, allowing them to seek modificati...
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 Roy Kelley, Roy and Dolores Kelley Photographs
(Retired Real Estate Broker, Maryland Blogger)
Comments 5
Co-Signers on Defaulted FHA Loans Are Getting New Mortgages   “When reporting defaults and claims on government-insured single-family mortgages, the Federal Housing Administration identifies the primary borrower to a government database, but rarely provides the names of the co-borrowers.” – Mortg...
By Christopher Ohlsen
(Plattsburgh Mortgage Company)
Comments 12
I write some blog posts to share my experiences with other professionals. I write some for the benefit of consumers. It's rare that I write a consumer centric post that also benefits professionals such as this one. I want to share an experience that I had recently. I am working with a woman w...
By Wayne L. Brown
(Security National Mortgage Corporation)
Comments 8
AR Forum Nothing ever seems to amaze me these days when it comes to our Government or the Agencies that make up the landscape of this Government.  I don't normally write about the "Negative" things in life, but this caught me by surprise today.  While I do my best to try to respect ...
By Conrad Allen, Webster, Ma, Realtor
(Re/Max Professional Associates)
Comments 0
We had a closing yesterday where the buyer obtained a FHA loan.  He originally was going USDA but his ex wife didn't a loan on time that they were both on.  She was required to pay the loan as part of the divorce settlement.  So he had to go the FHA route. The buyer's/mortgage company'...
By Mike Young, FHA 203k Consultant 707-812-7668
(203kOnLine.com, covering California & most other states)
Comments 0
Well, I hope you all had a wonderful July 4th weekend. We launched our new 203k consulting software for consultants and lenders and it wen't relatively smoothly. Just got off the phone with a couple users who indicate their early opinion is that it looks great... that is exciting. We apprecia...
By Dale Bledsoe, Realtor in Tracy, California
(Crown Key Realty)
Comments 6
  As almost every Realtor, I have done many transactions in which the loan was guaranteed by the FHA. Most of the transactions went smooth, sometimes a touch slower that I would have like, but in every case the transaction was completed. All was well until the calendar flipped onto 2014.   Brief...
By Amanda and Jared Christiansen, YOUR Fort Wayne Realtors, Century 21 Bradley.
(Century 21 Bradley (260)704-0843)
Comments 4
Our good friends and partners over at Ruoff Home Mortgage have helped many of our buyers purchase homes in the Fort Wayne area.  Their extensive knowledge of different loan programs, their efficient processes, and their excellent customer service keeps us coming back for more.     They recently u...
By Bill Ladewig, Your FHA Guru - Closing Home Homes Since 1970
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY July 22, 2014, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: FLOAT The price for 3.50% Mortgage Loans based on MBS is currently up 0.10 point. 30 Day Close Mortgage Interest Rate Lock or Fl...
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 Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Mortgage backed securities (MBS) closed up 6 basis points today at 105.72 having remained once again above support offered by the 25 and 50 day moving averages.  Despite butting up against a strong performance by stocks, MBS bonds managed to complete a five day string of positive sessions.  The 3...