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 May 6, 2015, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-7 Day Close:  LOCK 8-14 Day Close: LOCK 15-30 Day Close: LOCK MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 4-30-15: 3.68% - Up 0.03 Point Rate Price Based on 3% MBS - Cu...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 46
“Realtor was Pissed” Ray called me and he was definitely not a happy camper. He was selling an investment property to some clients. They had gone to a Big Box Bank and applied for an 80% mortgage. These buyers were told they were going to get a 30 year fixed rate loan for 2.75% with no points.  T...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 17
 Last month I wrote a blog titled Appraisal Requirements & Responsibilities For Conventional Loans, where I covered some of the requirements Lenders and Appraisers have to follow and attest to on appraisals for conventional loan programs.  In this blog I will cover another important component of ...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 13
  As I stated in my blog yesterday, Important Connecticut Housing Finance Authority (CHFA) Notice!!!, effective last Friday ALL CHFA reservation on or after May 1, 2015, the Connecticut Housing Finance Authority (CHFA) will require Homebuyer Education Classes approved by a CHFA/HUD Housing Counci...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 23
“The Dad is a Banker and He Referred his Daughter” Sure I have known this banker for 30 years, but my feet were hitting the ground about every ten steps. He could easily have gotten someone at his bank to take care of his daughter as she is ready to buy a home but instead he recommended me, what ...
By Mike Tizzano, Protect Your Transaction Certified Lender
(Amerifirst Financial, Inc NMLS 145368 LO:1015837)
Comments 0
   Personally I am conservative with my finances.  I haven't always been that way but having made some mistakes in my younger days my attitude has changed over the years.  Many of those mistakes are a direct result of my habit of trying to predict the future.  I'm an optimist so I almost always p...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 5
“More Lenders Getting into the New Construction Business?” We have come full circle when it comes to new construction lenders. 5-6 years ago we had a dozen lenders that were representing this type of lending and business dried up overnight. But slowly but surely, new lenders see construction lend...
By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(Keller Williams Realty)
Comments 31
One thing common between Joe Petrowsky and I is - we love referrals! And how does he track his referrals? Well, read this re-blog, a simple and yet powerful system. “My Referral Tree of Life”   I track everything having to do with my business, most importantly, where all my referrals come from. I...
By Mike Bjork
(American Pacific Mortgage)
Comments 3
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 Bob Crane, Forestland Experts! 715-204-9663
(Woodland Management Service)
Comments 6
I think that you gave him very good advice Joe, many of mine start out as yours do. “How Do You Decide on Your Blogging Content?”   I got an email from a loan officer who is from Florida. We are connected on Linkedin and indicated he has been a regular reader of my blogs for over a year. He sent ...
By Mike Bjork
(American Pacific Mortgage)
Comments 2
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 George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 55
Borrowers Need To Beware Of Zillow's New Mortgage Pre-Approval Tool.  Zillow just launched its new Mortgage Pre-Approval Tool which according to Zillow "allows home shoppers to get pre-approved for a mortgage quickly and easily".  Sounds good right?  Well like most anything else, a consumer, in t...
By Bob Crane, Forestland Experts! 715-204-9663
(Woodland Management Service)
Comments 0
I cant imagine buying leads either Joe, it just seems like a good way to throw away a lot of money and time.                                                          “Explain it to Me, Please”   I am very fortunate to be working with many Realtors from all over the country. Many times we talk abo...
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 3
Credit card debt, left unchecked, can pile up quickly. Especially for debtors making minimum payments.  According to the Federal Reserve, a credit card balance of $5,000 at 23.99 percent APR won’t pay off for 16,127 years. That’s one reason why it’s important to manage your credit card rates, and...
By Nick and Cindy Davis, CRS,CLHMS,CIAS,ALHS,e-PRO,CDPE,SFR,Realtor(R)
(RE/MAX Premier Group)
Comments 2
The U.S. Department of Agriculture Rural Housing Service's Section 502 direct loan program is a longstanding loan product that's intended to help relatively low-income households get safe and affordable financing. The agency has the flexibility to make loans to lower-income households because it ...
By Debra B Albert PA Team Albert, KW Port St. Lucie, We Make Real Estate Happen
(Keller Williams Realty)
Comments 1
Home Buying could have a real benefit from Oil and gas price reductions.  In fact, while many sources have forecast possible rising mortgage interest rates, now I am seeing reports of  interest rates going down because of the reduction in oil pricing. According to Chris Flannigan, ABS and MBS st...
By Bruce Reichstein, VA & FHA Home Loan Expert +26 yrs
(Founder of VALoans.com, FHALoan.com)
Comments 2
A reader got in touch with us recently about an incident connected to her VA home loan. “I have received two letters regarding IRRRL refinance program, saying the inclusion of my loan into the program was part of the ‘economic stimulus program.’ I called and was told my new mortgage payment would...
By Bill Ladewig, Experience Is Your Advantage
Comments 2
MORTGAGE INTEREST RATE LOCK ADVISORY May 5, 2015, 7:30 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-7 Day Close:  LOCK 8-14 Day Close: LOCK 15-30 Day Close: LOCK MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 4-30-15: 3.68% - Up 0.03 Point Rate Price Based on 3% MBS - Cu...
By Jason E. Gordon, Residential Mortgage Specialist, CMPS, CDPE, CMHS
(AmeriFirst Financial Inc, San Diego, CA)
Comments 0
Yet another volatile morning thus far with the cost to acquire interest rates getting higher. Trade Deficit and ISM Services Data reports are partially responsible for fueling this increase in mortgage pricing.Compared to yesterday's closing, the market has opened with a 0.125 - 0.250 worsening t...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 37
“How Do You Decide on Your Blogging Content?” I got an email from a loan officer who is from Florida. We are connected on Linkedin and indicated he has been a regular reader of my blogs for over a year. He sent me a message asking how I come up with my content? He let me know he wants to start bl...