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 3
“Interest Only Doesn’t Mean You Have to Pay only Interest”   A few years ago, I did a refinance for clients that were referred by their financial advisor. They wanted to refinance their existing mortgage, which I did, at 4% interest rate. They also wanted a $100,000 home equity line, which I got ...
By Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent
(Prudential PenFed Realty, "The Real Debbie Reynolds" Your Clarksville Real Estate Professional, 931-920-6730)
Comments 40
You Can Lead a Borrower into Loan App, But You Can't Make Him Comply What can happen when you disregard the advice of your agent and the loan officer? That's right, you will get your loan denied. That is exactly what happened to the buyer on my listing. He thought he was the exception to the rule...
By Donald Payne
(Vision Realty)
Comments 1
The mortgage crisis that began at the end of 2007 came about because lenders allowed borrowers more money than they could reasonably afford. Consumers took on more debt and ended up foreclosing or short selling because their ARM's came due when interest rates rose.    Currently, lenders must prov...
By Brian Heckman, Brian Heckman- Florida Mortgage Lender
(The Heckman Group)
Comments 1
     More and more Americans will now be able to qualify for a mortgage because of an agreement reached by Fannie Mae and Freddie Mac with national lenders.         Before, strict Federal Regulations as a result of the subprime crisis have made it so risky for lenders to extend credit to just on...
By David Krichmar,
(, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
Conventional 30 year Mortgage: 4.125% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.39% FHA 30 year:3.875% Credit Score:640 LTV:96.5% loan amount:$200k APR:5.37% Conventional 15 year:3.25% Credit score:740 LTV:80% Loan Amount:$200k APR:3.42%   Rates are Subject to Change Call me today if you ...
By Bill Ladewig, Experience Is Your Advantage
Comments 2
MORTGAGE INTEREST RATE LOCK ADVISORY October 21, 2014, 7:45 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-6 Day Close: LOCK 7-15 Day Close: LOCK 16-30 Day Close: LOCK The price for 3.50% Mortgage Loans based on MBS is currently Up 0.04 point. MORTGAGE MARKET INDICATORS FHLMC Weekly Ave...
By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley,, MD & VA Homes and Real Estate)
Comments 8
It's always a vehicle purchase, isn't it. Shucks, I've seen buyers turned down because of the "inquiries" on their credit report.  ALL FROM CAR DEALERSHIPS. All that does is alert the lender to the fact that, once the home in purchased, that buyer plans to buy an expensive vehicle. They think the...
By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 2
  FNMA has announced the discontinuance of the HomePath and HomePath Renovation products.   Any FNMA owned property,  wishing to use the current enhancements such as no MI and no appraisal,  must have the contract of sale executed on or before October 6, 2014.     All loans with a fully executed ...
By Mike Bjork
(American Pacific Mortgage)
Comments 2 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 Nicole Doty, Broker/Owner of Zion Realty
(Zion Realty)
Comments 2
The regulator of mortgage giants Fannie Mae and Freddie Mac is reportedly working on a deal with the financing entities that will loosen up lending standards and make mortgages more affordable for those with less-than-perfect credit. The move is expected to expand home buyers’ access to financing...
By Edward Gomez, Credit Score Boost USA
( Credit Score Boost - USA Credit Solutions)
Comments 0
Good Morning Shreveport, LA  Looks like it is going to be a beautiful morning. BOOST YOUR CREDIT SCORE Shreveport, LA Credit improvement and Score increase in Shreveport, LA CMO gives you more affordable, guaranteed, faster service, so that people everywhere will have the magic of the good credit...
By Steve Reed, Steve Reed Branch Manager | Benchmark Home Loans
(Benchmark Home Loans)
Comments 0
Consumer prices edged higher in September led by rising costs for food and housing, though offset by a decline in gas prices at the pump. The Consumer Price Index rose by 0.1% last month after a 0.2% decline in August and above the 0.0% that was expected. Within the report it showed that food cos...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Stock futures started of the day slightly lower after yesterday's strong performance.  Stocks actually were showing some minor advances.  Just after noon, however, the bottom began to fall out and stocks tumbled in a frenzy of profit taking and malaise.  The good news was that inflation remained ...
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 Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Mortgage backed securities (MBS) closed flat today at 103.72 having once again remained above support offered by the 103.56 level.  Surprisingly just as they held there ground yesterday as stocks rallied, today MBS bonds were even though stocks sold off.  This reinforces my thought that we should...
By Rick Rickert, 16 Years of Trustee Sale Experience.
Comments 2
 NOT WHEN YOU NEED ONE!   Eventually, you'll have an investor client who needs to close on a deal ASAP, and needs immediate cash to purchase the property they want. Eventually you'll have a retail client whose financing is rejected during escrow, and just needs a bit more time to be approved for ...
By Randy Shamburger, FHA, VA, USDA and Conventional Mortgage Expert
(Movement Mortgage)
Comments 0
VA Loan in Marion SC Both honorably discharged vets and active duty military personnel are eligible for a Marion SC VA Loan which is considered to be one of the best home loan programs available today. Here's how to qualify for a VA Mortgage Loan in Marion SC: The first step is to verify your eli...
By Troy Erickson, Your Chandler, Ahwatukee, and East Valley Realtor
(Diverse Solutions Realty
Comments 12
David has shared some excellent advice for anyone who is considering buying a home and needing financing for their purchase. These three pieces of advice can not only prevent new homeowners from financial hardship, but could also save them thousands of dollars in interest over the years.  When yo...
By Eric Boucher, The FHA/VA Condo Project Approval Guy
(ReadySetLoan Condo Team LLC)
Comments 9
Funding the Reserve Account – It’s Not an Expense I think that one of the toughest concepts for folks to understand during the FHA condo approval process is the balance sheet – assets, liabilities and equity.  I am by no means professing myself to be an expert; I’ll get back to you after I take a...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 32
Last Sunday I posted a blog titled "What Is Mattress Money".  In that blog I used a couple of terms I feel I need to further clarify a little more.  Those terms are "Compensating Factors" and "Seasoned Money".   This past Wednesday I provide a further explanation of Compensating Factors, so this...