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 George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 21
The Connecticut Housing Finance Authority (CHFA) is Connecticut’s Premier Mortgage Loan Program for “First Time Homebuyers”.  CHFA is a Quasi Government Agency that provides a 30-year fixed rate Mortgage Program, with an interest rate below comparable market rates.  However, CHFA has always just...
By Bill Ladewig, Your FHA Guru - FHA and VA Loans Since 1970
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY April 17, 2014 11:15 AM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 4.00% rate based on Mortgage Backed Securities is up 0.52 point. 30 Day Mortgage Interest Rate Lock or Float Ad...
By Bruce Walter
(Keller Williams Realty Lafayette/West Lafayette, Indiana)
Comments 24
    Social Security Administration using the IRS to seize tax refunds on alleged overpayment long ago.   I am just fine with my tax dollars going to support our federal government as I can't afford to hire an infantry division to keep Vladimir Putin out of my backyard, or pave the roads so I can ...
By Bob Thompson, Commercial & Residential, ALT-Doc & Stated Income Loans, (562)344-LOAN
(RMF Lending, Inc.)
Comments 0
Stated Income Verified Asset HELOC for Owner-Occupied, Second Homes and Non-Owner Occupied SFR's, 2-4's and Condos.720+ FICO needed. (For Self Employed or W2'ed, No 1099s) SIVA Home Equity Line of Credit (HELOC) - up to 50% CLTV - Loan amounts $150,000 - $500,000. 50% LTV to $2,000,000 Owner Occu...
By Neil Coleman
(First Midwest Bank NMLS#143306)
Comments 1
Not much movement in Mortgage Bond prices Wednesday as they ended near unchanged and traded in an extremely tight range during the session. A not-so-good reading from March Housing Starts and Building Permits were offset by a rise in Stocks prices. The 4% coupon closed just near unchanged at 104....
By Maria Gilda Racelis, "Your Goal, My Goal. We Can Make it Happen."
(Home Buyers Realty, LLC-Manchester, Bolton. Vernon,Ellington)
Comments 4
Worrying about where to get your down payment from to obtain your first home? There is great news for all the qualified candidates. Read this blog to get more information or contact the author of this article.   The Connecticut Housing Finance Authority (CHFA) is Connecticut’s Premier Mortgage Lo...
By Bob Thompson, Commercial & Residential, ALT-Doc & Stated Income Loans, (562)344-LOAN
(RMF Lending, Inc.)
Comments 2
Stated Income HELOC for Owner-Occupied, Second Homes and Non-Owner Occupied -Self Employed or W2'ed, No 1099s - SFR's, 2-4's and Condos. Now, no minimum FICO needed, but must have good credit, no lates for the last 12 months. SIVA Home Equity Line of Credit (HELOC) - up to 50% CLTV - Loan amounts...
By Bill Kamboukos
(Strategic Mortgage)
Comments 0
While other mortgage loan programs backed by the Government have moved to continually raise their fees, the Veterans Administration loan program, available for active duty and veterans of our armed services has actually worked to continue to lower loan fees for their programs.  VA loans still ha...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 30
“My First Real Estate Experience”   My first real estate purchase was 3.75 acres, which I purchased at 18. At the time I had no clue about zoning or much else about what it takes to subdivide this parcel into 3 lots, which is what I was going to do.   I had the property surveyed and cut out the f...
By Bill Kamboukos
(Strategic Mortgage)
Comments 1
When it comes to credit scores, many consumers don't know what to believe or what goes into calculating ones score. And that's for good reason, as credit scores are derived from complex algorithms, too complex for even the most astute financial person to fully comprehend. However, there are cert...
By Bill Rich
(Absolute Home Mortgage Corp)
Comments 2
Having a good credit score is advantageous, especially if you are planning to get a mortgage. However, there are a lot of misconceptions floating around regarding this matter. In an attempt to help you understand your credit score, we have listed down 4 factors that will not in any way affect you...
By Lyn Sims, Schaumburg Homes
(RE/MAX Suburban - Schaumburg IL Real Estate - Northwest Suburbs of Chicago)
Comments 1
Working with a good loan officer is paramount in your home buying success. Let's face it, no one has the cash to purchase a home outright anymore so everyone turns to a lender for advice and guidance. What you should look for in a loan officer is their ability to fit you into particular programs...
By Garrick Werdmuller
(Guaranteed Rate, Inc)
Comments 1
This is a checklist given to me by an Appraisal Management Company.  It can literally save you thousands of dollars and may prevent delaying or even killing a transaction due to property condition. FHA APPRAISAL PREP CHECKLIST 1. Carbon Monoxide (CO) Detectors – ALL LEVELS 2. Electricity ON 3. Wa...
By Bill Kamboukos
(Strategic Mortgage)
Comments 0
    In today’s mortgage marketplace, many home loan products that seem to go away for some time are making a strong come back, but in ways that makes sense. Home loans for second homes or in other words, vacations homes and home loans for investment properties are available and viable in today's...
By Bill Kamboukos
(Strategic Mortgage)
Comments 0
  As we have detailed in recent weeks, the HARP refinance program has now been expanded to allow more homeowners the option to refinance and take advantage of historically low interest rates. The program is a government backed initiative to allow borrowers who could previously not refinance, due...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 21
“Credit Report Shows Two Late Payments in the Last 12 Months”   The client sent me evidence that neither payment was 30 days late. He gave me evidence that both payments were received by the lender before the end of the month and yet the existing servicer shows that both payments were late.   The...
By Bill Kamboukos
(Strategic Mortgage)
Comments 0
  As we wrote about in recent months, the HARP refinance program has now been expanded to allow more homeowners the option to refinance and take advantage of historically low interest rates. The program is a government backed initiative to allow borrowers who could previously not refinance, due ...
By Brett Sampson, Texas Lender
(Berkshire Lending, LLC)
Comments 0
When you buy a house there are three sets of costs you will incur (other than your down payment)… 1) Closing costs. These are mortgage company fees, title fees, appraisal, survey, recording fees, etc. Typically these fees will add up to around 1% to 2% of a loan. 2) Prepaid taxes. For a purchase ...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Mortgage backed securities (MBS) closed down 44 basis points today at 104.00 having fallen through dual levels of support offered by the 104.41 level and the 50 day moving average.  The 4.0 coupon bond still has the three moving averages below it as support.  The long red Japanese candlestick put...
By Mike Bjork
(FirstCal 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.  ...