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 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 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...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 24
“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 Sally K. & David L. Hanson, WI Realtors - Luxury - Short Sale - CDPE, REDS
(Keller Williams 414-525-0563)
Comments 12
  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 Doug Jones, Mortgage Broker - NMLS 286668
(Mortgage Magic)
Comments 0
There was a pop song called Little Boxes back the early 1960's. Here are some of the lyrics -perhaps you remember the song,     In boxes made of ticky tacky And they all look just the same.There's a green one and a pink oneAnd a blue one and a yellow one,And they're all made out of ti...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 16
“Mortgage for a Second Home”   Over a year ago, I wrote a blog regarding mortgages on second homes and as a result got a call from someone in NH. He asked me what the process would be to get a mortgage on a home that was a second home, but not a year round home or what is commonly known as a thre...
By Patricia Kennedy, For Your Home in the Capital
(Evers & Company Real Estate, Inc.)
Comments 13
Whitney does a wonderful job of explaining the problems you can get into trying to defend your credit!  And I sure never understood how this whole thing works.   Why Do Credit Disputes Have to Be Removed Before My Mortgage Can Be Approve? This post has been a draft for almost a month, but I just ...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY July 31, 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 up 0.04 point. 30 Day Close Mortgage Interest Rate Lock or Flo...
By Eric Boucher, The FHA/VA Condo Project Approval Guy
(ReadySetLoan Condo Team LLC)
Comments 5
FHA Condo Approvals – Ask Mr. Condo Bob Gourley is Mr. Condo.  He is the Chair of the Public Relations Board of the Connecticut Chapter of CAI.  His Ask Mr. Condo site is a place where folks can go and ask questions about anything condo.  It is a fantastic resource for condo and other community a...
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 8
   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 Steve Reed, Steve Reed Branch Manager | Benchmark Home Loans
(Benchmark Home Loans)
Comments 0
Americans filing for first time unemployment benefits rose in the latest week after declining to a 14-year low in the previous week. The Labor Department reported that Weekly Initial Jobless Claims rose by 23,000 in the week ended July 26 to 302,000, which was just below the 310,000 expected. The...
By Michael Dagner, Your Denver Homes Realty Expert
(Brokers Guild Classic)
Comments 2
This is great information for anyone having trouble with the credit bureaus in getting them to remove something that shouldn't be there.   I had a similar situation occur with my own credit report.  Couldn't get the credit bureau to cooperate and remove incorrect information on the report...
By Mike Bjork
(American Pacific Mortgage)
Comments 2
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 Whitney Watson
(First Home Mortgage)
Comments 7
Why Do Credit Disputes Have to Be Removed Before My Mortgage Can Be Approve? This post has been a draft for almost a month, but I just couldn’t figure out the best way to present the topic.  However, at lunch with a few realtors yesterday, I heard a story that really highlights the importance of ...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 4
Stocks opened the day lower today with a lot of economic information on its way to influence investors and traders.  Gasoline prices were lower as were pending home sales.  Black Knight reported home prices up 5.9% year over year.  S & P companies reporting earnings last quarter beat estimate...
By Whitney Watson
(First Home Mortgage)
Comments 6
Credit tip number 5 is to use caution when closing accounts. Closing an older account isn't always a good thing because it can cause your credit history to appear shorter and lower your score. If you're anything like me you found out the hard way (back in my college days) after you alrea...
By Mark Taylor Mortgages, 602-361-0707 #MarkTaylor #Awesomerates NMLS#207897
(and for 1st Time Buyers, Move Up Buyers & Investors )
Comments 3
What You Should Know Before You Offer A Seller Carry Option     Are you ready put your home up for sale?  How are you going to make the most money selling it and get it sold the fastest? You may want to consider providing owner financing, also known as seller financing.  Here are a few things to ...
By Mike Young, FHA 203k Consultant 707-812-7668
(203kOnLine.com, covering California & most other states)
Comments 0
FHA 203k - HUD is getting back to strict adherence to the guideline This may be good or bad for you and your client. It is impacting one client that I'm aware of right now on a commercial building that he wants to turn into a residential use or mixed use building.  The guideline has always be...
By Mark Taylor Mortgages, 602-361-0707 #MarkTaylor #Awesomerates NMLS#207897
(and for 1st Time Buyers, Move Up Buyers & Investors )
Comments 3
Mortgage News For The Week Of June 16, 2014     Last week was pretty quiet When it came to economic news  in the housing sector, but retail sales and employment-related reports provided indications of less consumer spending and reduced consumer confidence. On Monday, James Bullard, St. Louis Fed ...