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 April 24, 2015, 7:30 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-7 Day Close:  FLOAT With Caution 8-14 Day Close: FLOAT With Caution 15-30 Day Close: FLOAT With Caution MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 4-23-15: 3.65% - ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 19
“I Hate Telling Someone They Can’t Qualify for the Purchase of another Home”   “So, I have you to thank for checking on this for us.  If someone would have come up with an offer I would not be the type to 'back out of a deal', so it's totally best that I inform the realtor that I no longer want t...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 34
“The Last Time We Worked Together, It was Hell” I worked nearly 4 months to get a mortgage for these folks. It seemed like every time I thought I had a handle on their situation a new curve ball was thrown at us and each time, it was “forgot about that or forgot to mention that”.  We went from on...
By Jim Paulson, Owner,Broker
(Progressive Realty (Boise Idaho) www.Progressive-Realty.info)
Comments 2
I am seeing an uptick in the use of Adjustable Rate and Hybrid Mortages and for good reason. Too many people used Adjustable Rate Mortgages in the past to leverage their purchasing power to buy more home than they could afford hoping their financial and property values would improve faster than t...
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 Bill Ladewig, Experience Is Your Advantage
Comments 2
MORTGAGE INTEREST RATE LOCK ADVISORY April 23, 2015, 8:30 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-7 Day Close:  FLOAT With Caution 8-14 Day Close: FLOAT With Caution 15-30 Day Close: FLOAT With Caution MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 4-23-15: 3.65% - ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 31
“I Can’t Match the Interest Rate You were Offered”  A couple of months ago I received a call from someone that made an inquiry on my website. He told me that he had done lots of homework on me and would like to do his mortgage with me. All sounded good, until he told me that he had gotten an offe...
By Kristin Walter
(Innovative Real Estate, Summit County)
Comments 1
Thank you Dave Sims for responding to my previous post.  Below is Dave's contribution to the big question--Why can't I get an FHA loan on my Ski condo?!?! Ski Condos and FHA Loans Kristin Walter recently blogged, Why Can’t I Get an FHA loan on my SkiCondo in Summit County? As a mortgage loan orig...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 28
  “Family Home Ownership” Very often I get family members that want to purchase a home jointly, but not very often do I get a request to handle a pre-qualification for three generations. Two of the families were from India and the son and his wife were born in this country. What really made this ...
By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 6
Many want to become homeowners again, but don’t know when or how that is possible.   Please visit the original blog if you wish to leave comments. “Past Bankruptcies, Foreclosures, Deed-in-Lieu and Short Sale Clients”   There are millions of prospective buyers that have had one of more of this is...
By Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 0
 Notice our  Platinum Tradeline gives you the most value for your money, will live operator support and chat, and up to $6500 in credit limits all backed by a FDIC Bank Underwriting.That's the difference, see the chart click it to enlarge
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 Chino, California. California trust deed at $275,000 at 10.5% on Chino investment property. See more at http://ow.ly/M2lBVFor more information about The Norris Group's California hard money loans or our California Trust Deed, investments, call our office at 95...
By Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 0
Two things that can happen by not boosting your credit score correctly1) Your Credit Score (can drop or go to zero)2) Your Credit ApprovalTwo other things that can make your score drop1) Adding too much credit to fast2) Paying a credit card all the way off or cancelling it. Many people and profes...
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.  ...
Mortgage Servicer Contact List: Phone Numbers For Borrowers To Reach Existing Servicers Below you will find a list of names and phone numbers for servicers, which is by no way a complete list, but a handy reference for both home owners and real estate agents to have when contacting mortgage servi...
By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
Conventional 30 year Mortgage: 3.875%Credit score:740LTV:80%Loan Amount:$200kAPR: 3.92%FHA 30 year:3.75%Credit Score:680LTV:96.5%loan amount:$200kAPR:4.57%Conventional 15 year:3.25%Credit score:740LTV:80%Loan Amount:$200kAPR:3.32% Rates are Subject to ChangeCall me today if you are thinking of re...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY April 22, 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 MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 4-16-15: 3.67% - Up 0.01 Point Rate Price Ba...
By Mary Yonkers, Erie/PA Real Estate Instructor
(Alan Kells 1-814-881-7548)
Comments 4
Why does the lender make getting a mortgage loan so difficult? Well, the simpliest answer goes back to an old, old saying, 'He who has the gold make the rules.'  And just what are the lenders' rules?     As a Real Estate instructor for Alan Kells School of Real Estate I use the 'Lender's Triangle...
By yanni raz
(hml investments)
Comments 0
Commercial Hard Money Lenders: Bridging a Financial Gap Commercial hard money lenders can bridge a financial gap for businesses or individuals owning a commercial property in a number of ways. If a commercial property owner needs to improve a structure or enhance the elements of a business prior...
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%