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 32
“I Am Shopping for the Lowest Interest Rate”   Really, what a concept, as if someone is actually going to call and say they are looking for the highest rate.   I’m not sure what possessed me, but I happened to be driving home and took a call from a prospective home buyer. He immediately said, I a...
By Bill Ladewig, Your FHA Guru - FHA and VA Loans Since 1970
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY April 24, 2014 9:00 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 0.03 point. 30 Day Mortgage Interest Rate Lock or Float ...
By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 4
HomeBridge Financial Services will now go down as low as a 580 Credit score!!! There are some important points/restrictions to keep in mind: This isn't for the person living with Mom that has bad credit- It is for the good person that something bad happened t. We need a 12 month housing payment ...
By Bill Ladewig, Your FHA Guru - FHA and VA Loans Since 1970
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY April 24, 2014 9:30 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 0.06 point. 30 Day Mortgage Interest Rate Lock or Float ...
By Dave Marzinke, Clear to Close in 7 Days
(Movement Mortgage, LLC)
Comments 0
       Here's a term you may have heard a lot in the news recently: housing affordability. But what exactly does it mean and how does it affect you as a homebuyer?    What Is Housing Affordability?  The two factors influencing housing affordability are income and housing prices. In general terms,...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 21
“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 Dennis Dahlberg
(Level 4 Funding )
Comments 0
If you are in need of a home loan Arizona, then it might be time to turn to a hard money lender who may be willing to give you the Arizona home loan you've been wanting. If you think that you can’t get the house of your dreams, because your credit isn’t what you want it to be, you’re wrong. There...
By John Regur, Tulsa-Mortgages.com 918-949-7248
(Cityscape Mortgage)
Comments 0
When do interest rates go up in Tulsa, OK? Everybody is talking about interest rates, particularly about how they will move and when to lock your rate in.  So, how do interest rates move? It all starts with securitization.  That is when a bunch of individual mortgages are put together into a gian...
By Holli Washington, Your Neighborhood Expert!!!
Comments 0
                                                                                                 How Much Home Can You Afford?  The single most important part of buying a house is figuring out how much you can  realistically afford to pay. You'll have to take a good look at your budget, debts, cr...
By Mike Bjork
(FirstCal 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 Paul McFadden, Mortgage Loan Officer, Bellevue Washington Home Lo
(Alaska USA Federal Credit Union)
Comments 1
These are great thoughts by my AR colleague Joe Petrowsky. The other day I received a call from a lady who was shopping just because she saw our bank in a Safeway. Joe is correct here. Let us do the shopping for you if rates are important. We're not going to sell or fleece you. if something is be...
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 Hesperia, California. California trust deed at $98,000 at 12% on Hesperia investment property. See more at http://ow.ly/w8ut4 For more information about The Norris Group's California hard money loans or our California Trust Deed, investments, call our office a...
By Rob Proctor, GRI ePro
(At Home Real Estate Company)
Comments 0
What Makes Up Your Credit Score?  I found some interesting information the other day and thought I would share it with you. What determines your credit score? We all know about the three credit reporting companies and we think we know what information they gather to determine that score. I learne...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Stocks stayed pretty close to the deck in today's trading as the earning season continued to reveal its winners and losers.  Facebook and Apple revealed surprisingly strong results today.  The former showed huge increase in members and the latter announced a stock split favorable to shareholders....
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Mortgage backed securities (MBS) closed up 22 basis points today at 104.44 having remained above the four moving average levels and also broken through resistance at the 104.41 level once again.  the large green Japanese candlestick on the chart shows that the 4.0 coupon bond closed at its highes...
By Neil Coleman
(First Midwest Bank NMLS#143306)
Comments 0
March sales of existing homes exceeded expectations at a seasonally adjusted annual rate of 4.59 million sales according to the NAR. Analysts projected that existing home sales would reach 4.55 million based on February’s reading of 4.50 million sales. The pace of existing home sales declined by ...
By Mark Taylor, 602-361-0707 #MarkTaylor #Awesomerates NMLS#207897
(and for 1st Time Buyers, Move Up Buyers & Investors )
Comments 0
Will Refinancing Your Mortgage Really Pay Off?     To refinance a mortgage means to pay off your existing loan and replace it with a new one. There are many reasons why homeowners opt to refinance, from obtaining a lower interest rate, to shortening the term of the loan, to switching mortgage loa...
By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
Conventional 30 year Mortgage: 4.5% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.79% FHA 30 year:4.25% Credit Score:640 LTV:96.5% loan amount:$200k APR:5.87% Conventional 15 year:3.5% Credit score:740 LTV:80% Loan Amount:$200k APR:3.72%   Rates are Subject to Change Call me today if you are ...
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...
By Phil Caulfield, Mortgage Lender - San Francisco Bay Area
(Absolute Mortgage Banking)
Comments 0
Now that you understand what a pledged asset mortgage loan is and how it works, I will explain to you why someone would want to get a pledged asset mortgage loan. Bill Buyer likes his investments. He believes that the return on these investments will benefit him more than liquidating them for the...