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 Eric Boucher, The FHA/VA Condo Project Approval Guy
(ReadySetLoan Condo Team LLC)
Comments 9
97% Financing - Fannie Mae Releases Selling Guide 1.27.15 Fannie Mae released its updated version of the Selling Guide on January 27, 2015.  The majority of the changes stem from its earlier announcement to reintroduce 97% financing for single-family homes.  It had previously capped the loan-to-v...
By Justin Fitzhugh, Mortgage branch opportunities in 47 states
(Nations Lending Corporation)
Comments 0
Earlier this week Fannie Mae released its 2015 Economy Outlook which indicates the economy has dragged housing upwards.    The agency forecasts 2015’s  economic growth will have an impact in housing    Low gasoline prices, strengthening labor market, rising household net worth, and improving con...
By Janis Borgueta, LIC R.E Salesperson - Homes for Sale Newburgh NY
(Key Properties of the Hudson Valley ~ 845-527-7115 )
Comments 20
Amazing Stories - House Appraises BUT Still Loan Denied Questionable value being blamed, but is it true?  As the listing agent on a condo I love it when a ready, willing and able buyer comes along, even with another agent. A showing on the property and a buyer falls in love! A little romance in l...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY January 29, 2015, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-6 Day Close:  FLOAT - NEUTRAL 7-15 Day Close: NEUTRAL 16-30 Day Close: FLOAT MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on 01-29-15: 3.66% - Up 0.03% Rate Price Base...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 82
“Blogging Your Story, So Others Get to Know You”     Referrals are the lifeblood of my mortgage practice. I never take them for granted. This week I have gotten two referrals from Realtors I have never met or heard of before.   In each case I got a call directly from the clients.  I always ask w...
By Dennis Dahlberg
(Level 4 Funding )
Comments 0
In recent years, sub prime mortgages Arizona have earned a bad reputation. However, they can be a good option for borrowers to save on interest and insurance costs.   A subprime mortgage is a loan given to a borrower who is considered to be a higher risk due to a poor credit score. Typically a su...
By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 1
Let's put some numbers into perspective: On average over the past 30yrs it would cost $1,467/month to borrow $200,000. Today it costs $926/month to borrow $200,000. The LOWEST I ever saw rates a few years ago it would have cost about $880/month. This time last year that same $200k would cost $1,...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 19
“Long Distance Mortgage Applications”     I am fortunate that I get clients from most states and even out of the country. Many ask how difficult it is to do mortgages without being face to face, the bottom line, there is almost no difference.   My preference is always to be face to face, but bet...
By Richard Smith, We help people own their dream homes.
(Success Mortgage Partners)
Comments 0
New FHA Guidelines will SAVE YOU Hundreds Now Watch this short video to see how easy it is to save you lots of money with the new guidelines FHA released! Do you have any questions and/or want to find out how much we can save you?Call Richard at 281-994-4240 or email richard@therichardsmithteam.c...
By Bob Crane, Forestland Experts! 715-204-9663
(Woodland Management Service)
Comments 8
Our professional association strictly prohibits the buying or selling of referrals, and after all the monkey business that I see in the real estate industry, I think that prohibiting this practice is a great idea. “NO, I Can’t Pay You a Referral Fee”   You may or may not know that referral fees c...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Mortgage backed securities (MBS) closed down 6 basis points today at 103.00 having remained above support offered at the 102.86 level.  MBS bonds did well to lose so little as stocks had quite a good day.  Because MBS bonds are near multi years highs, I am inclined to recommend locking for the sh...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
In the wake of yesterday's post Open Market Committee losses, stock futures looked for improvement today.  The strong dollar is pushing gold and oil futures downward.  Stocks in Europe and Asia were lower in fear of what Greece's unusual new government might do.  New unemployment claims were the ...
By Ginger Harper, Your Southport~Oak Island Agent!
(Coldwell Banker Sea Coast Advantage)
Comments 1
This is true.  When folks are putting a substantial amount of money down...the bank does not care where the appraisal comes in. Amazing Stories - House Appraises BUT Still Loan Denied Questionable value being blamed, but is it true?  As the listing agent on a condo I love it when a ready, willing...
By Randy Kirsch, (NMLS# 1012303) Your Dedicated Mortgage Consultant
(Right Trac Financial Group, Inc., NMLS# 2709)
Comments 4
As I wrote in my post dated December 14, 2014, entitled "Fannie / Freddie To Make Housing Fund Payments" Mel Watt, Director of the Federal Housing Finance Agency ordered FNMA and FHLMC to make their payments to the Housing Trust Fund and the Capital Magnet Fund as required under the Housing and E...
By Diane Beaumont, USDA,FHA,Jumbo,VA Woodland Park, CO Mortgage
(Benchmark Mortgage)
Comments 1
Your mortgage payment may be among the largest payments you make every month. While certainly an important part of your budget, this payment is also critical to helping you build equity in your home because it attributes to mortgage principal reduction. Managing your mortgage payments can be chal...
By Matt Brady, Lending With Competence And Character
(New American Funding)
Comments 0
 Higher-risk mortgages have become a big bone of contention in Europe, although more for the perversion of the Basel Committee’s standards than because there is a big immediate capital effect. Smaller mortgage lenders in the U.K. and Europe, don’t use internal models to assess risks, they are all...
By Mike Bjork
(American Pacific 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 Mark Taylor Mortgages, 602-361-0707 #MarkTaylor #Awesomerates NMLS#207897
(and for 1st Time Buyers, Move Up Buyers & Investors )
Comments 3
Mortgage Modification Scam Alert!       As if homeowners who are facing foreclosure don’t have enough to worry about, a multitude of loan modification scam artists have invaded the internet, public files and even foreclosure notices in newspapers in hopes of targeting their next victim. By identi...
By Tom Bailey
(Crystal Coast Realty & Home Services, LLC)
Comments 6
This blog by George Souto is about a change to Fannie Mae rules that is good news for a lot of homeowners. It is really good news for us in Carteret County as we have lots of private roads and shared driveways. Thanks George. Fannie Mae Guideline Change For Properties On A Private Road.  I wrote ...
By David Krichmar,
(, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
Conventional 30 year Mortgage: 3.75% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.09% FHA 30 year:3.875% Credit Score:640 LTV:96.5% loan amount:$200k APR:5.07% Conventional 15 year:3.125% Credit score:740 LTV:80% Loan Amount:$200k APR:3.32%   Rates are Subject to Change Call me today if you ...