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 Randy Kirsch, (NMLS# 1012303) Your Dedicated Mortgage Consultant
(Right Trac Financial Group, Inc., NMLS# 2709)
Comments 4
A fifteen year mortgage loan with no down payment, no closing costs, no mortgage insurance, a fixed interest rate of 2.5% (that can be bought down), and borrowers that are less than three years out from a short sale - sounds unbelievable doesn't it?  The Neighborhood Assistance Corporation of Ame...
By yanni raz
(hml investments)
Comments 1
Stated Income Loans Self Employed The attributes of today's individual looking for a mortgage loan are vastly different from the individual borrower of decade's past. Due to a constantly changing socioeconomic environment, the workforce is experiencing higher levels of people who are self employe...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 74
“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 Bill Ladewig, Experience Is Your Advantage
Comments 1
MORTGAGE INTEREST RATE LOCK ADVISORY January 26, 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 01-22-15: 3.63% - Down 0.03% Rates Based o...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 36
“Who Else do You Know that Needs My Help”   No matter who I talk too, I ask this question. No matter it be someone that just got referred to me, someone I am doing a mortgage application for or someone who I set up an appointment with. You just never know the response you may get, you just might ...
By RVA HomePRO Michael Hottman, Helping you achieve goals in life & real estate
(RVA HomePRO Realtor with RE/MAX Commonwealth serving Hanover, Henrico, Chesterfiled and Richmond, Virginia)
Comments 2
With the changes in lending that have occurred recently there are some lenders out there who are farming their contacts encouraging people to buy homes and get the minimal down payments necessary by withdrawing money from their retirement accounts under the "hardship allowance" some retirement pl...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 39
“NO, I Can’t Pay You a Referral Fee”   You may or may not know that referral fees cannot be paid in the mortgage industry. Personally I don’t agree with the policy, but that’s the regulation.   I got a call from a former loan officer, asking if I would consider paying  him a referral fee for ever...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 15
One of the more recent Consumer Financial Protection Bureau (CFPB) proposals, is to give consumers the ability to publicly post on the CFPB website their complaint against anyone who falls under the oversight of the CFPB.  The consumer would be able to post and make their complaint public no matt...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 14
    “Making Sure You Set the Expectations for Your Clients”   Anyone that contacts you does so for a reason and has an expectation. In all my interactions with potential clients, we have a discussion about their expectations on me. We agree to what those expectations are and that is what they can...
By Ron & Alexandra Seigel, Luxury Real Estate Marketing
Comments 122
Here is what we have gleaned from sitting in on numerous photo shoots with some of the top portrait professionals, and what you can observe from looking at movie posters when the stars are featured as part of the advertising.  The eyes are the “windows of the soul”.  Notice that Angelina Jolie’s...
By Olga St Pierre, Helping you create a lifetime of memories!
(Keller Williams Real Estate)
Comments 3
This week’s mortgage interest rates:Conv 30y fixed, rate: 3.625%, apr 3.663% Conv 10y ARM, rate: 3.375%, apr 3.389% Conv 15y fixed, rate: 2.875%, apr 2.992% Jumbo 30y fixed, rate: 3.625%, apr 3.663% Jumbo 5/1 ARM, rate: 2.750%, apr 2.790% FHA 30y fixed, rate 3.250%, apr 4.338% VA 30y fixed, rate ...
By David Krichmar,
(, FHA, VA, USDA, HomePath, Jumbo)
Comments 65
I can’t tell you how often I hear that a home buyer  had a horrible experience with their mortgage lender.  It happens way too often.  And it got me thinking, are there signs you can look for that will you help you decide if that mortgage lender is not very good.  After some brain storming, here...
By Mike Bjork
(American Pacific Mortgage)
Comments 1 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 Randy Kirsch, (NMLS# 1012303) Your Dedicated Mortgage Consultant
(Right Trac Financial Group, Inc., NMLS# 2709)
Comments 6
Nationally syndicated real estate news columnist Ken Harney has released an article that appeared in The Hartford (CT) Courant on Friday (01.23.2015), entitled "Consumer Agency's 'Rate Checker' Gets An Incomplete Grade".  Harney is the latest in a line of mortgage industry leaders, associations a...
By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
Comments 2
David Krichmar, shared a post some time ago that still can be used today. There are many useful ideas that can & should be used to further help guide your next real estate transaction. Use these suggestions as a starting point and customize further to your own specific situation. Thanks for shar...
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 Alpine, California. California trust deed at $400,000 at 10.5% on Alpine 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 office a...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 1
Stock futures were down this morning in reaction to the anti Euro party not only winning in Greek parliamentary elections, but also having been able to form a coalition with which they can govern.  A Greek departure from the Eurozone could mean trouble for other countries using the Euro.  In a sn...
By Jack Tenold, Reverse Mortgage Specialist Washington | Oregon | California - refinance & purchase, Reverse Mortgage Specialist
(First Priority Financial NMLS 3257 )
Comments 1
California Seniors Reverse Mortgage Changes Coming Fast   March 2, 2015 is the scheduled date for major changes* to the Reverse Mortgage guidelines.  Retirees, baby boomers and homeowners who have been delaying getting informed about this special home loan (for which you must be 62 to qualify) wo...
By Russell Smith
(River Community Bank, NA)
Comments 0
USDA has a little known, special refinance product called the USDA Pilot Refinance Program which is for borrowers that currently have a USDA guaranteed loan and are looking to lower their rate and payment through a refinance even with equity not required. This USDA program allows for a borrower t...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Mortgage backed securities (MBS) closed down 19 basis points at 102.53 having risen to within 7 basis points of resistance at the 102.86 prior tailing away at the close and having remained above support offered by the 102.20 level.  With no economic reporting today bonds were at the mercy of stoc...