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 Tom Gilliam, Tom Gilliam
(Re/Max Classic)
Comments 14
To Pay or Not to Pay : Among the first things people ask when shopping for a mortgage loan is: What’s the interest rate? The answer is often a percentage rate with points—for example, 4.5% plus 2 points. Here’s what those points are all about. A loan discount point is equal to 1% of the loan amou...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 76
“10 Years After Being Fired”   Life is often strange with many twists and turns. 10 Years ago a Realtor notified me by email that even though I had done a preapproval for a client, that the client was going somewhere else for the mortgage.   I told her that is fine, but will need to follow up wit...
By Mark Taylor Mortgages, 602-361-0707 #MarkTaylor #Awesomerates NMLS#207897
(and for 1st Time Buyers, Move Up Buyers & Investors )
Comments 0
Mortgage Modification Scam Alert!       As if homeowners who are facing foreclosure don’t have enough to worry about, a multitude of loan modification scam artists have invaded the internet, public files and even foreclosure notices in newspapers in hopes of targeting their next victim. By identi...
By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 3
Conventional 30 year Mortgage: 4.25% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.59% FHA 30 year:4.125% Credit Score:640 LTV:96.5% loan amount:$200k APR:5.67% Conventional 15 year:3.5% Credit score:740 LTV:80% Loan Amount:$200k APR:3.62%   Rates are Subject to Change Call me today if you ar...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 18
Joan Cox wrote a blog yesterday titled "When Listing A Home Is Not The Best Choice".   Her blog made me think of the number of Borrowers I meet with who are selling their home, and are surprised to find out the full difference between the Selling Price, and what they still owe on the ho...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 32
“Know What You are Good At”   I referred a client recently to a bank for a construction loan, a 2.5 million dollar construction loan. Could we have done it, maybe. We currently have one construction lender that we started using, but most lenders have been out of this part of the market.   I have ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 13
“Quoted in RisMedia, thanks to Suzanne De Vita”      http://blog.rismedia.com/2014/mortgage-strategies/ Married to Your Mortgage? Strategies to Pay It Off Sooner | RISMedia's Housecall Every homeowner has mortgage payments on the brain. Whether it’s a 15- or 30-year term, standard, fully amor...
By Jimmy Van Smith, Mortgage Loan Consultant
Comments 0
If you are buying a home in Texas, get a "Conditional Qualification" (Form A). It's not called a prequalification anymore. If you want more detail about the form read my latest blog about the differences between Form A and B:   http://activerain.trulia.com/blogsview/4457939/making-a...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY August 21, 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 down 0.02 point. 30 Day Close Mortgage Interest Rate Lock or...
By Karen Feltman, Relocation Specialist
(Cedar Rapids/Iowa City, IA Skogman Realty)
Comments 0
Tom Gilliam makes "cents"!  When comparing lenders, it is important to know what you are looking for and the best overall option for you and your purchase.  Asking the right questions is the key.  If you are interested in purchasing a home, or know someone that is, please let me help!  ...
By Whitney Watson
(First Home Mortgage)
Comments 2
I’ve previously written about First Home Mortgage’s FHA renovation loan product, the 203k: Found a Diamond in the Rough? Finance Your Home Purchase and Renovation Costs in an FHA 203k Loan 203k: Timeline and Troubleshooting While this is a great product, if you are able to come up with a 5% down ...
By Rich Hirsch, VP of Mortgage Lending
(Guaranteed Rate)
Comments 0
HomeStyle Renovation Loan: What You Need to Know https://www.guaranteedrate.com/resources/homestyle-renovation-loan-what-you-need-to-know     Rich Hirsch Vice President of Mortgage Lending rhirsch@guaranteedrate.com www.guaranteedrate.com/richardhirsch o: 732.424.3610 - m: 908.410.9066 - f: 773.3...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 2
With no economic reporting today stock traders reacted Lowe's lowered earnings forecast and Target reduced profit expectations.  This set stocks off to a slow start.  What traders were really waiting to see, however, was the minutes of today's Fed Open Market Meeting.  When they reported ...
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 6
If you are looking for an FHA approved condo in Chesterfield or Midlothian Virginia, there are some great options out there.  Just like I mentioned in my blog post regarding FHA approved condos in Richmond Virginia, you will want to start with looking at the list of FHA approved condos in Chester...
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 Jimmy Van Smith, Mortgage Loan Consultant
Comments 0
Making an offer on a home in Texas, get this or lose that home! Most folks know that the Texas real estate market is hot. When you find your dream home you may face competition when submitting your offer. In order to strengthen your offer, a completed Conditional Qualification Letter (Form A) sho...
By Mike Rankin, Mortgage Consultant
(Right Trac Financial Group, Inc. NMLS # 2709)
Comments 2
You have have heard of it... No PMI (Mortgage Insurance) with only 5% down.   Is it true and does it work? Yes and yes!    Typically, when you put 5% down on a Conventional Mortgage loan you are paying mortgage insurance that is ordered via the bank and paid in your monthly mortgage payment.  Hen...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY August 20, 2014, 7:45 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 0.14 point. 30 Day Close Mortgage Interest Rate Lock or F...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 27
“Article Says, Refi Boom is Officially Over”   The author must be on a different planet. The so called refi boom has been over for at least two years, if not longer in many parts of the country. That doesn’t mean that we are not doing refinance transactions every day.   There are still many homes...