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 1
MORTGAGE INTEREST RATE LOCK ADVISORY August 1, 2014, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: LOCK The price for 3.50% Mortgage Loans based on MBS is currently down 0.31 point. 30 Day Close Mortgage Interest Rate Lock or ...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 13
There are precautions which need to be taken when going through a divorce can take, however, one of them should not be questioning and double checking the guidance and advice received by professionals guiding you through the divorce process.  One of the professionals relied on the most during a d...
By Julie Booth, Keeping the parties informed of the escrow process
(Booth Escrow, LLC)
Comments 5
This transaction has all the usual suspects for this day & age.  The seller is now on the 3rd buyer for this property and the buyers new financing is just about in line.  The short sale lender (BofA) has approved the short sales and have patiently postponed the Trustees sale for months now.  ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 28
“I Find the More I Give Away, the More Comes Back”   I was having lunch with a Realtor the other day, he has referred a couple of clients to me in the past. Neither of these opportunities were easy transactions to do, one got done, the other would be about a year before these folks would be in a ...
By Rob Spinosa, Marin Mortgage Broker
(RPM Mortgage, Marin County, CA)
Comments 2
The Top 3 Reasons Your Financial Advisor Wants to Work with Me   As a successful real estate agent, I am certain a portion of your referral business comes from the financial advisors with whom you’ve built trusted relationships.   They call on you first when they have clients who need help with r...
By Sally K. & David L. Hanson, WI Realtors - Luxury - Short Sale - CDPE, REDS
(Keller Williams 414-525-0563)
Comments 20
  We have learned through our own experience and from others in our industry...that the choice of a lender...and going one step further...a loan officer within a lending institution is a HUGE part of the puzzle piece that puts a transaction together.    If both listing and selling agents are not ...
By Sheila Moylan, Working To Get Value For Your Money
(C21 - Commonwealth)
Comments 1
A Short Sale And It’s Affect On Your Ability To Buy Another Home   The last few years have been financially difficult for millions of homeowners, with job losses and decline in home values devastating families all over the US. As a result, a great number of homes have gone through short sales, wh...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 29
“What to do When You Can’t Get a Credit Report Corrected”   I tell my clients to go online to access the laws that deal with these issues:www.ftc.gov  then check out the Fair Debt Collect Practice Act (FDCPA).   Three months out diligent calling and email the creditor and credit bureaus these pro...
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 George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 27
One of the most if not the most important documents a Borrower will sign at the Closing for their new home is the Note.  The reason why I feel the Note is the most important document a Borrower will sign at the Closing for their new home is because of the commitment a Borrower makes when they sig...
By Barbara Mooers, 253-278-6389 HomeLoans;VA Loan-Specialist WA State
(Primary Residential Mortgage, INC)
Comments 0
Are you old enough to remember the old TV show “The Beverly Hillbillies” and the line from their theme song…”There’s gold in them there hills!”?  Well, I don’t know about gold being in the hills but there may be gold right in your very own pipeline!  Have you met a client in the past that was rea...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 9
   Connecticut Housing Finance Authority (CHFA) FHA vs FHA Mortgage Program.  The Connecticut Housing Finance Authority (CHFA) is the premier First Time Homebuyer mortgage program in Connecticut, and recently introduced their new Connecticut Housing Finance Authority (CHFA) HFA 3% Down Conventio...
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 0
Over the years while teaching real estate I had the chance to explain the Promissory Note. I would say to the students that it was the borrower's personal promise to pay but was backed up by the mortgage instrument or the Deed of Trust that secured the debt. So if the borrower doesn't pay...
By Whitney Watson
(First Home Mortgage)
Comments 2
A Realtor recently asked why I will not issue a pre-approval letter before I have received all the supporting documentation.  She was curious as she works with a few different lenders and some require this and some do not. I explained to the Realtor that most of the time you are probably fine onl...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Mortgage backed securities (MBS) closed up 35 basis points at 105.47 having passed through two levels of support and well on their way to the moving average above.  The new jobs number for July came in at 209,000 just below the 220,000 expected and the nominal unemployment percentage rose to 6.2%...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Stock futures pointed downward in advance of today's jobs report.  When the dust cleared the numbers were just below the streets expectations.  That is actually good news as part of yesterday's sell off that I did not touch on then was the fact that traders feared that too good a jobs num...
By Barbara Mooers, 253-278-6389 HomeLoans;VA Loan-Specialist WA State
(Primary Residential Mortgage, INC)
Comments 99
You have done the hard part in the house buying process and chosen a lender and a real estate agent to work with.  You have also gone out and found the home of your dreams!  Best of all, your team has done a great job of negotiating the best deal for you.   Now, as a buyer, all you have to do is ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 45
“Why Should I Use a Realtor to Sell My Home?”   Unfortunately more home sellers are asking this question. They bring up Zillow and Trulia as ways to circumvent having to pay a Realtor, which is absolutely crazy. The truth is home sellers don't save anything, as a matter of fact they more ofte...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 21
   The Connecticut Housing Finance Authority (CHFA) has introduced their new Connecticut Housing Finance Authority (CHFA) HFA 3% Down Conventional Mortgage.  This is great news for Connecticut First Time Homebuyers, and for the housing market in Connecticut.  The Connecticut Housing Finance Auth...
By Jason E. Gordon, Residential Mortgage Specialist, CMPS, CDPE, CMHS
(AmeriFirst Financial Inc, San Diego, CA)
Comments 0
On the heals of a rough day in the market, we have continued this disturbing rate trend today. Mixed economic data has caused a volatile morning. Two early economic reports were negative for Mortgage Backed Securities (MBS). The Employment Cost Index which measures the cost of labor, increased du...