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 David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 5
  As you may already know, when getting a FHA mortgage you can have your Parent’s gift you your whole down payment.  But did you know that there are other ways to have you down payment gifted to you?  If not this is the article for you as I will go over the list of acceptable forms of gifted down...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 34
    “Yes, it Closed, In Spite of the Arrest”     http://activerain.trulia.com/blogsview/4517322/-my-client-was-charged-with-12-counts-of-larceny-     Many have asked me to let you know what happened with this transaction. I’ve included the original post. The commercial transaction closed, the loa...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 7
A Mortgage Pre-Approval Process is a process a Borrower goes through in order to determine the price home they will be able to qualify to purchase.  Once a Borrower has gone through this process with a qualified Mortgage Loan Originator, the Loan Originator will provide them with a letter which ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 1
“The Short Sale Decision”   It seems like the majority of people that own a home that may be worth less than the debt often feel there is no hope. Many want to get out from under and purchase another home, sometimes larger, other times smaller. Yet others had a short sale over the last few years...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY February 26, 2015, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-6 Day Close:  FLOAT With Caution 7-15 Day Close: FLOAT With Caution 16-30 Day Close: FLOAT With Caution MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 2-26-15: 3.80...
By Paul Antonelli, Broker Owner ; Antonelli Realty
(ANTONELLI Realty)
Comments 1
If you enjoyed reading the post please give it a LIKE, every little bit helps. Thank You. By not reducing the supply of oil in the face of falling demand, Saudi Arabia has caused the price of oil to plummet. That has caused households to increase their real consumption of gasoline by 4%, Boosted ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 27
“When I Meet the Boyfriend, You Never Really Know”   It sometimes seems like folks need to stake out their territory when working with a new person, especially when you have worked with their ex in the past. It is often a challenge when the boyfriend is instructed, as to how much I will be liked...
By Maggie O'Connell, Experienced Reverse Mortgage Professional
(The Federal Savings Bank, Reverse Mortgages)
Comments 0
Reverse Mortgage News! HUD Announces Finanical Assessment Implementation Date for April 27th, 2015 Get HECM Applications in Prior to avoid Income and Credit Qualification Guidelines HUD announced the financial assessment underwriting guidelines will be applied to all borrower's with case numbers ...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 2
Stock futures looked for improvement this morning in reaction  to gains in global markets prior to the open.  Weekly initial jobless claim came in over 300,000 last week which was the highest number since January 10.  Orders for durable goods, those which will last more than three years,  showed ...
By JoAnn Moore, Home Loans in Delaware
(The Mortgage Market of Delaware)
Comments 1
Home Loans for Veterans If you are a Veteran with a mortgage at an interest rate of 4.5% or more, this information may be of great benefit to you. You may be able to obtain a streamlined refinance loan to pay off your current loan without an appraisal. The loan to value ratio is based on the orig...
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 Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Mortgage backed securities (MBS) closed down 28 basis points today at 101.59 having dropped all the way down to support offered at the 101.46 level prior to bouncing back a little prior to the close.  One key culprit of today's disappointing session was a poor treasury auction of $29 billion of 7...
By Whitney Watson
(First Heritage Mortgage)
Comments 2
During my second year at the University of Virginia, I lived in the below house on 14th Street in Charlottesville with 11 other girls.  One average, we each paid $300/month in rent.  If our landlords’ monthly expenses were low (They weren’t putting much towards the upkeep of the property as you c...
By Whitney Watson
(First Heritage Mortgage)
Comments 4
I would like to share my excitement with you about my new professional home: First Heritage Mortgage. While making the decision to leave was difficult, I am thrilled to now have three new tools available to assist YOU and your clients. Below are just a few of the amazing perks to working with me...
By yanni raz
(hml investments)
Comments 0
SBA-504 v. SBA 7(a) Loan SBA-504 v. SBA 7(a) Loan SBA-504 LOAN (Commercial Real Estate & Equipment)90% Fixed-Rate SBA 7(a) LOAN (General Purpose) ELIGIBLE BUSINESS SIZE • Business net worth not to exceed $15 million• Average net profit after taxes for 2 consecutive years not to exceed $5 million ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 46
“My Client was Charged with 12 Counts of Larceny”   The lender that I am working with sent me a news article about this situation. I immediately called the clients to find out what happened. He immediately said it was not big deal, as he will be going to court in a couple of days and the matter w...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY February 25, 2015, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-6 Day Close:  FLOAT  7-15 Day Close: FLOAT With Caution 16-30 Day Close: FLOAT With Caution MORTGAGE MARKET INDICATORS Freddie Mac Average:30-Yr FRM, on: 2-19-15: 3.76% - Up 0.07 ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 35
“Christians, Jews and Muslims are Under Attack by Islamic Terrorist”   The Administration policy regarding this issue is what? Does anyone know? How does the Administration not consider Isis an Islamic terrorist group?   21 Egyptian-Christians beheaded and the statement from our Administration, ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 34
“Impossible to Compete with GOD”     I received a referral from a Florida Realtor, Beth is extremely good at what she does. I spoke to the client, took them through the pre-qualification process, so Beth now had a ready to go buyer.   She showed them homes and they found the perfect home and wel...
By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
Conventional 30 year Mortgage: 4% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.29% FHA 30 year:3.875% Credit Score:680 LTV:96.5% loan amount:$200k APR:5.07% Conventional 15 year:3.25% Credit score:740 LTV:80% Loan Amount:$200k APR:3.42%   Rates are Subject to Change Call me today if you are ...