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 10
“Educating My Tenants to Become Homeowners”   I speak with every prospective tenant that is interested in renting from me. After reviewing credit and income, a conversation is a must. The conversation always ends up with a discussion on future home ownership, which will normally surprise most peo...
By Eric Boucher, The FHA/VA Condo Project Approval Guy
(ReadySetLoan Condo Team LLC)
Comments 8
All You Need to Know About FHA “Site Condos” Site Condos in Suffield, CT One of the most common inquiries I receive about FHA condo approvals is about “site condos”.  The primary reason for this is that FHA treats detached condominium projects that meet certain criteria differently than attached ...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 24
  Redfin published a report last month titled "What's Up with the Flipping Market?!" which shows Price Gains On Flipped Properties Are On The Rise the last couple of years.  The report shows "House flippers grossed more than ever in 2013, an average of $90,200 per home", a...
By Roy Kelley, Roy and Dolores Kelley Photographs
(Retired Real Estate Broker, Maryland Blogger)
Comments 10
CFPB ruling to help heirs to avoid foreclosure   “The Consumer Financial Protection Bureau (CFPB) issued guidance Tuesday aimed at making it easier for surviving family members who have inherited a property due the death of a loved one to be added to the mortgage, allowing them to seek modificati...
By Eric Boucher, The FHA/VA Condo Project Approval Guy
(ReadySetLoan Condo Team LLC)
Comments 9
How Long Does it Take to Obtain an FHA Condo Approval? Although I receive this question almost on a daily basis, I haven’t taken the time to write it all down.  Scott Godzyk’s article How LONG will it take a home to SELL if it is listed today? inspired me to commit my response to writing. As with...
By Sandra Paulow, REALTOR, Associate Broker, GRI, SFR
(Aspen Properties, Inc. )
Comments 2
    Buyers see lending requirements as an invasion of privacy, and it is!  I wrote a blog post a couple of weeks ago about lending issues and this is a follow up to that post.  I am convinced that many of the problems we run in to with lending is the overwhelming documentation that lenders requi...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 92
As a Loan Originator four words I do not like to hear are The Property Under Appraised.  I am lucky I have not heard these words much in the last couple of years.  One major reason why I have not heard these words much, is because most of the Realtors I work with are excellent at what they do.  T...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 11
One of the few Mortgage Programs implemented during the Obama Administration which has had some success is the  Home Affordable Modification Program (HAMP).  The HAMP program was initially unveiled in 2009, and was set to expire at the end of last year, however, the Federal Housing Finance Agency...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 12
“Denied Loan Brings Two Referrals”   I received a call from a loan officer at a local bank a couple of months ago, while driving home from my office. He told me these clients were good customers of the bank, but because of the bank’s restrictive lending policies, they couldn’t do the loan and wou...
By Eric Boucher, The FHA/VA Condo Project Approval Guy
(ReadySetLoan Condo Team LLC)
Comments 0
Does Our Condominium Project Qualify for an FHA Approval? Before we begin processing an application for an FHA condo approval, we request that a prequalification questionnaire be completed.  This will rule out the easy-to-spot reasons that would result in rejection.  It will also provide some ins...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 14
“Politics Be Damned”   It is actually sickening to listen to anything that goes on in Washington. It doesn’t matter what political party.   What is going on along the Southern border of this country is criminal and I don’t see a willingness to fix the problem, first by securing our borders. All c...
By Barbara Gregus, Sandia Park Paa-ko Homes
(CARES Consumer Advantage Real Estate Services)
Comments 0
Albuquerque Foreclosure Properties Why the Right Loan Product Matters by Barbara Gregus Consumer Advantage Real Estate Services, LLC   505-559-4480  barbara@caresabq.com   When purchasing Albuquerque foreclosure properties, it is critical to use the right loan product.  Albuquerque listing broker...
By Bill Ladewig, Your FHA Guru - Closing Home Homes Since 1970
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY July 10, 2014 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: FLOAT The price for 3.50% Mortgage Loans based on MBS is currently Down 0.24 point. Close Mortgage Interest Rate Lock or Float Ad...
By Steve Stinnett
(NoCo Home Store @ Resident Realty)
Comments 0
Home interest rates have begun to start up from all time lows, maybe a foretaste of things to come, or maybe just a temporary thing. However, there are things that every potential home buyer or refinancer should know about how mortgage interest rates are determined. A number of factors, including...
By Steve Reed, Steve Reed Branch Manager | Benchmark Home Loans
(Benchmark Home Loans)
Comments 1
The number of Americans filing for first time unemployment benefits continue to hover near seven year lows as employers steadily hire. The Labor Department reported that Weekly Initial Jobless Claims fell by 11,000 in the latest week to 304,000, below the 311,000 expected. However, the June Jobs ...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Mortgage backed securities (MBS) closed up 19 basis points today at 102.59 having come within 3 basis points of resistance offered at the 102.72 level before falling away prior to the close.  A sell-off in stocks sent money tumbling in the fixed rate markets today allowing MBS bonds to further so...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 2
News of a Portuguese bank having financial woes caused concerns of a European Central Bank (ECB) bailout today and the uncertainty roiled equity markets across the globe.  One headline quipped that an ECB bailout would be quicker than the last second goal they scored against the U.S. team in the ...
By Axis Financial Consultants
(Axis Finance)
Comments 42
We are providing all types financial services ;Offering loans, equity funding, joint venture,business finance, project finance, bank instruments like mtn, bg, lc, sblc, pof. We are in direct contact with top European banks and private lenders. There are no chains of brokers.We also collaborate wi...
By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
Comments 1
George Souto, 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 sh...
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.  ...