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 25
“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...
By John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 32
They Said It Better Than Me       I try to keep folks in the loop all the time about what's happening in the mortgage marketplace, specifically when it comes to the question on everyone's mind - "where are rates headed?".      It's a tough question to tackle, because most of the media outlets tha...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 34
                                                         “Explain it to Me, Please” I am very fortunate to be working with many Realtors from all over the country. Many times we talk about business including how their business is going and what they are doing to generate new business. One of the ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 28
“My Referral Tree of Life” I track everything having to do with my business, most importantly, where all my referrals come from. I have set up an Excel spread sheet, if someone is referred they are referred by someone and most likely I already have them in my system, if I don’t I start out with a...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 6
 IMPORTANT Connecticut Housing Finance Authority (CHFA) NOTICE!!! Effective this past 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 Counseling Agency for ALL CHFA loan pr...
By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(Keller Williams Realty)
Comments 7
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 Spirit Messingham, Third Generation Full-Time Realtor® 520 471-6900
(Tierra Antigua Realty)
Comments 0
   Market Commentary   Mortgage bond prices finished the week lower which pushed mortgage interest rates sharply higher. Rates were neutral Monday morning but pushed higher midweek despite rate friendly data. Consumer Confidence came in at 95.2 versus the expected 102.2 mark. Advance Q1 GDP rose ...
By Spirit Messingham, Third Generation Full-Time Realtor® 520 471-6900
(Tierra Antigua Realty)
Comments 0
   LOOKING AHEAD   Economic Indicator Release Date & Time Consensus Estimate Analysis Factory Orders Monday, May 4, 10:00 am, et Up 0.1% Important. A measure of manufacturing sector strength. Weakness may lead to lower rates. Trade Data Tuesday, May 5, 8:30 am, et $36b deficit Important. Affects ...
By Diann Tyler
Comments 0
TYPES OF REVERSE MORTGAGESSingle-purpose reverse mortgages are offered by some states and local government agencies and nonprofit organizations. Single-purpose reverse mortgages are the least expensive option available. They can only be used for one purpose, which will be determined, by the gover...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 15
“Cancelling All Your Credit Cards Won’t Improve Your Credit” From time to time I will look at a credit report where someone has canceled all of their credit cards and when asking the person as to the why they say two things and this guy was no different. He said he thought doing that would improv...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Terms Posted Rates Preferred Rates 6 MONTHS 3.14% 3.10% 1 YEAR 2.99% 2.29% 2 YEARS 2.94% 2.19% 3 YEARS 3.44% 2.34% 4 YEARS 3.94% 2.54% 5 YEARS 4.79% 2.64% 7 YEARS 6.04% 3.39% 10 YEARS 6.50% 3.84% Rates are subject to change without notice. OAC E&OE   Prime Rate 2.85% 5 yr variable 2.20%   Call m...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 2
 Rates  for other types of Asset Classes:Apartments CMHC 2.0% 5 yr and 2.80% 10 yr. Plaza Financing:                               3.12% - 5 years  3.64% - 10 years Office:                                  3.17% - 5 years 3.70% - 10 years Industrial                            3.25% - 5 years 4.05...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY May 1, 2015, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-7 Day Close:  FLOAT With Caution 8-14 Day Close: FLOAT With Caution 15-30 Day Close: FLOAT With Caution MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 4-30-15: 3.68% - Up ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 34
“Banker Says He’s Tired of Sending Me Referrals” I have been working with this banker referral partner for a dozen years. We have both benefited over time, but he has become frustrated over the past couple of years. Frustrated, as he tells me there are days he refers more business my way compared...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 32
“When Will the CFPB Set up a Level Playing Field for ALL Loan Officers?” It is hard to understand why loan officers that work for a bank or credit union do not need to take all of the same testing that loan officer’s do that are part of the mortgage broker community. I know many loan officers who...
By Jill Watts, Clark County, WA Is A Great Place To Live! Call Me
(Realty Pro, Inc.)
Comments 0
Here is an awesome blog describing very succinctly  "IT'S TIME TO BUY A HOME!" Thank you John for this reminder that interest rates are still as low as we've seen them in many years!  "They Said It Better Than Me" is the name of John's blog.   By John Meussner Mortgage and Lending with Total Mort...
By Jason E. Gordon, Residential Mortgage Specialist, CMPS, CDPE, CMHS
(AmeriFirst Financial Inc, San Diego, CA)
Comments 0
Construction Spending, the ISM Index, and Consumer Sentiment reports all came in below expectations today. However, a rally in stocks has moved Mortgage Backed Security prices lower this morning after a rally yesterday afternoon.Compared to yesterday's closing, the market has opened with a 0.125 ...
By John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 11
Market on the Hump - 4/29/15       Happy Wednesday everyone.  Traders and the Fed alike are proving my long held beliefs that they really have no idea what they're doing in many instances, as rates have moved up over the past week in spite of some very poor economic reports.        Consumer confi...
By Mike Bjork
(American Pacific Mortgage)
Comments 1
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 Aaron Norris, MBA, APR, Hard money lending and real estate investments.
(The Norris Group Hard Money Lending)
Comments 0
Bruce Norris is joined again this week by Michael Quarles. Michael got into the business as a teenager, built a newplex, and fell in love with it. He has been doing this ever since and has done around 1,000 deals. He has also built new homes, and he is also a broker. He did somewhere around 200 d...