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 Randy Kirsch, (NMLS# 1012303)
(Right Trac Financial Group, Inc., NMLS# 2709)
Comments 0
The Federal Housing Finance Agency ("FHFA") has released its annual report to Congress and there are a couple of interesting bits of information that are revealed about the guaranty fees ("G-fees") that are collected by FNMA and FHLMC for the guarantees that they issue in connection with mortgage...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 10
Fannie Mae Selling Guide Announcement SEL-2014014 was released last Thursday, November 20th, announcing Fannie Mae & Freddie Mac Are Relaxing Their Buyback Guidelines in an effort to encourage Lenders to approve more loans.  Relaxing the Buyback Guidelines would be a major step to earn back Lende...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY November 24, 2014, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-6 Day Close:  FLOAT 7-15 Day Close: FLOAT 16-30 Day Close: LOCK We have a lot of data crammed into this short week with a half day on Friday and a closed market on Thursday. This ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 7
“I’m Connected, that HAS Always been Part of My Value Proposition”   Good morning Joe, It will be three years since Dave and I refinanced our mortgage through you.  I have a general question.  In the spring we may try to sell our house and look to buy in North Carolina and I wondered if we could ...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 13
The news from FHA this week is that FHA Is In The Black Again, But Still Below The Statutory Minimum.   The news FHA Mutual Mortgage Insurance Fund (MMI) is showing positive numbers again is good news, but the news it only hit a .41% capitol ratio is not. Last year FHA projected the fund would go...
By Bob Elliot
(RE/MAX Advisors)
Comments 0
Last week's scheduled economic news included the NAHB/Wells Fargo Housing Market Index, Housing Starts and Existing Home Sales. FOMC meeting minutes were released along with weekly Freddie Mac mortgage rates and weekly jobless claims. In addition, the National Association of Realtors® suggested t...
By Michael Regan, Home Loan Extraordinaire
(The Regan Team Home Loan Group)
Comments 0
By Randy Shamburger, FHA, VA, USDA and Conventional Mortgage Expert
(Movement Mortgage)
Comments 0
VA Loans in Anderson SC The best loan program and loan payment in the country in my opinion is Anderson South Carolina VA Loan. VA Mortgage Loans are one of the best mortgage loan programs available today for both honorably discharged Vets and active duty military personnel. Here are some of the ...
By Melissa Zavala, Broker, Escondido Real Estate, San Diego County
(Broadpoint Properties)
Comments 16
Each and every week, there are things going on that impact housing news and the real estate market. Sometimes there are big changes to federal and state policies that impact the distressed property world. Other weeks, there is business news and distressed property news about government programs f...
By Randy Kirsch, (NMLS# 1012303)
(Right Trac Financial Group, Inc., NMLS# 2709)
Comments 7
In today's very competitive mortgage market, lenders are attempting to spin everything in a slightly different way than the next guy in an effort to lure a borrower in the door.  One fairly recent twist in the ever-changing mortgage market is that lenders are finding that if they pay the mortgage...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 36
“You are the ONLY One that Followed Up”   I want you to know that I’m very nervous about even thinking about a mortgage. I keep hearing it is like Chinese torture. I am a first time home buyer, I have good credit and make a decent income (same job for 6 years). Can you help me?   By the way, the ...
By Whitney Watson
(First Home Mortgage)
Comments 45
My three-year-old daughter has a coin purse her Pop gave to her complete with $2.50.  She calls this money her “tickets.”  One time I was driving on the expressway and my E-Zpass was not in my car as my husband had borrowed it.  I needed 75 cents and I had no cash.  It took some major convincing,...
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 12
What makes this day even more special than most??? Well its a Friday so it already has a HUGE positive factor for me, being the work week is mostly over and then we add the Colorado sunny blue skies to the mix and that's an extra bonus but for this we also get the fact that this mid month day is...
By Randy Kirsch, (NMLS# 1012303)
(Right Trac Financial Group, Inc., NMLS# 2709)
Comments 5
As you may have heard, Mel Watt, the new director of the Federal Housing Finance Agency ("FHFA") testified before the Senate Banking Committee on Wednesday, 20141119.  Watt was essentially there to defend the stance taken in January of this year to postpone any increase in the guaranty fees charg...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 30
“Video Marketing Works, I Am a Believer”   Kyle Reyes and I have done a few videos about the seminar that we did on November 6th. I have gotten a number of calls and emails, but this one is now translating into mortgage business for me. Check out this email. I am now working with one of the folks...
By Justin Fitzhugh, Mortgage branch opportunities in 47 states
(Nations Lending Corporation)
Comments 3
In the last couple of weeks the Department of Veteran Affairs, VA, issued various announcements regarding loans covered by their insurance and guarantee program. On May 7th, the VA issued “Policy Clarification on Unallowable Fees”1 and “Property Preservation Requirements and Fees,”2 and on May 9t...
By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 2
  When dealing with mortgage rates,  at times I have heard a client say “Why is my rate different than theirs?”.   The “their” being a friend’s, coworkers or even an advertised mortgage rate online.  So I got to thinking…. It would be good for someone getting  a mortgage to know the factors that ...
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
When meeting with a new home buyer to be I discuss loan programs and options for them. My goal is to get them the best home and loan program for their circumstances. Unfortunately FHA with their high MIP fees penalizes the buyer and if at all possible I suggest securing conventional financing. Th...
By Jason E. Gordon, Residential Mortgage Specialist, CMPS, CDPE, CMHS
(AmeriFirst Financial Inc, San Diego, CA)
Comments 0
Our rate volatility will likely have a reprieve today as there is no economic data due to be released for the rest of the day. Compared to Friday's closing, the market has opened with a 0.125% IMPROVEMENT to the Points/Credits associated with any given interest rate option. This daily mortgage in...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY November 21, 2014, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-6 Day Close:  FLOAT 7-15 Day Close: FLOAT 16-30 Day Close: LOCK October Existing Home Sales $5.26M versus estimate of $5.16M Leading Economic Indicators 0.9% vs 0.6% Philly Fed bu...