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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 4
“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 14
“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 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 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 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 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 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 For more information about The Norris Group's California hard money loans or our California Trust Deed, investments, call our o...
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 Todd Taylor
(Keller Williams Realty - Murfreesboro TN)
Comments 0
Murfreesboro Real Estate Tips- Important Elements Of Good Insurance If you are looking at new homeowners insurance, there are some things you should consider before choosing, so that you know yourt insurance will meet all your needs if you ever have to use it. (I hope you never need to) In this a...
By Mike Bjork
(FirstCal Mortgage)
Comments 0 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 Solutions Real Estate
(Solutions Real Estate)
Comments 0
      The FHA loan program recently changed the guidelines allowing more people to buy homes!! Do you have poor credit? While you may still qualify. The FHA guidelines now only require a 580 credit score.  Some of the other benefits for this program are it's a 30 year fixed rate loan with low do...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 17
Last week I received a call from a Realtor here in Connecticut looking for more information on the VA Condo Approval Process.  Unlike the FHA Condo Approval Process which is fairly well known, the VA Condo Approval Process is not well known.  Not only is the VA Condo Approval Process not as well ...
By Mark Taylor, 602-361-0707 #MarkTaylor #Awesomerates NMLS#207897
(and for 1st Time Buyers, Move Up Buyers & Investors )
Comments 0
Mortgage News For The Week Of April 21, 2014         Last week’s economic news supported the general outlook for moderate economic growth. Housing related news included the National Association of Home Builders / Wells Fargo Housing Market Index for April and Housing Starts for March.   NAHB: Bui...
By Phil Caulfield, Mortgage Lender - San Francisco Bay Area
(Absolute Mortgage Banking)
Comments 0
A pledged asset mortgage loan is simply the substitution of assets (usually money market funds, CDs, stocks, bonds, and/or mutual funds) as collateral in place of equity in the property. For example, a lender may reduce the down payment requirement by accepting a pledge of assets in lieu of the p...