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 Randy Kirsch, (NMLS# 1012303)
(Right Trac Financial Group, Inc., NMLS# 2709)
Comments 5
In today's very competitive mortgage market, lenders are attempting to spin everything in a slightly different way than the next guy in an effort to lure a borrower in the door.  One fairly recent twist in the ever-changing mortgage market is that lenders are finding that if they pay the mortgage...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 24
“You are the ONLY One that Followed Up”   I want you to know that I’m very nervous about even thinking about a mortgage. I keep hearing it is like Chinese torture. I am a first time home buyer, I have good credit and make a decent income (same job for 6 years). Can you help me?   By the way, the ...
By Randy Kirsch, (NMLS# 1012303)
(Right Trac Financial Group, Inc., NMLS# 2709)
Comments 5
As you may have heard, Mel Watt, the new director of the Federal Housing Finance Agency ("FHFA") testified before the Senate Banking Committee on Wednesday, 20141119.  Watt was essentially there to defend the stance taken in January of this year to postpone any increase in the guaranty fees charg...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 30
“Video Marketing Works, I Am a Believer”   Kyle Reyes and I have done a few videos about the seminar that we did on November 6th. I have gotten a number of calls and emails, but this one is now translating into mortgage business for me. Check out this email. I am now working with one of the folks...
By David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg
(US Mortgages - David Shamansky)
Comments 11
What makes this day even more special than most??? Well its a Friday so it already has a HUGE positive factor for me, being the work week is mostly over and then we add the Colorado sunny blue skies to the mix and that's an extra bonus but for this we also get the fact that this mid month day is...
By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 2
  When dealing with mortgage rates,  at times I have heard a client say “Why is my rate different than theirs?”.   The “their” being a friend’s, coworkers or even an advertised mortgage rate online.  So I got to thinking…. It would be good for someone getting  a mortgage to know the factors that ...
By Whitney Watson
(First Home Mortgage)
Comments 44
My three-year-old daughter has a coin purse her Pop gave to her complete with $2.50.  She calls this money her “tickets.”  One time I was driving on the expressway and my E-Zpass was not in my car as my husband had borrowed it.  I needed 75 cents and I had no cash.  It took some major convincing,...
By Jason E. Gordon, Residential Mortgage Specialist, CMPS, CDPE, CMHS
(AmeriFirst Financial Inc, San Diego, CA)
Comments 0
Our rate volatility will likely have a reprieve today as there is no economic data due to be released for the rest of the day. Compared to Friday's closing, the market has opened with a 0.125% IMPROVEMENT to the Points/Credits associated with any given interest rate option. This daily mortgage in...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY November 21, 2014, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 1-6 Day Close:  FLOAT 7-15 Day Close: FLOAT 16-30 Day Close: LOCK October Existing Home Sales $5.26M versus estimate of $5.16M Leading Economic Indicators 0.9% vs 0.6% Philly Fed bu...
By Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent
(Prudential PenFed Realty, "The Real Debbie Reynolds" Your Clarksville Real Estate Professional, 931-920-6730)
Comments 0
When meeting with a new home buyer to be I discuss loan programs and options for them. My goal is to get them the best home and loan program for their circumstances. Unfortunately FHA with their high MIP fees penalizes the buyer and if at all possible I suggest securing conventional financing. Th...
By Randy Shamburger, FHA, VA, USDA and Conventional Mortgage Expert
(Movement Mortgage)
Comments 1
Economic News in Review Greenville SC Here is last week’s Economic News in Review Greenville SC. Retail sales performed better than expected, layoffs increased, but remained at low levels, and wholesalers posted decent sales and inventory gains. Retail Sales Retail sales bounced back in October, ...
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 Randy Kirsch, (NMLS# 1012303)
(Right Trac Financial Group, Inc., NMLS# 2709)
Comments 4
With the election behind us people are speculating as to what issues Congress will tackle in 2015.  In an article on housingwire.com  Stanley Street, President of Street Resource Group, a mortgage software development company, indicated that as far as housing is concerned, there will be, "a lot o...
By Jim Paulson, Owner,Broker
(Progressive Realty (Boise Idaho) www.Progressive-Realty.info)
Comments 0
This loan product was created back when many mortgage holders were under water and owed more than the property was worth.  Ocwen offered some refinances as a loan modification in which they would write down the mortgage owed under a provision that allowed them to recapture some or all of the writ...
By Randy Shamburger, FHA, VA, USDA and Conventional Mortgage Expert
(Movement Mortgage)
Comments 0
VA Loans in Fountain Inn SC Both honorably discharged vets and active duty military personnel are eligible for a Fountain Inn SC VA Loan which is considered to be one of the best home loan programs available today. Here's how to qualify for a VA Mortgage Loan in Fountain Inn SC: The first step is...
By Randy Shamburger, FHA, VA, USDA and Conventional Mortgage Expert
(Movement Mortgage)
Comments 0
VA Loans in Aiken SC VA Mortgage Loans in Aiken SC is one of the best if not the best loan program in the country!  It is designed for both active duty military and honorable discharged Veterans, I could even go as far as saying that it could be one of the best mortgage loan programs available in...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Reports that interest rates would remain low in China and that Europe would add additional stimulus in hopes of jump starting their economies help give stocks here a nice jolt.  We are looking more like the good boys on the block despite the slow growth we have been seeing in our economy.  Despit...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Mortgage backed securities (MBS) closed up 16 basis points today at 103.66 having solidified its place above support offered by the 25 day moving average.  While stocks were having a good day, MBS bonds did well to sustain the advances gained yesterday.  We might poised to once again return the h...
By Bruce Reichstein, VA Home Loan Expert +26 yrs - www.VALoans.com
(VALoans.com - Mortgage Banker - RE Agent Trusted Lender)
Comments 0
A reader got in touch with us recently with a question about VA loan standards for mobile home foundations: "The wording permanent foundation ? By VA standards is a — anchored / tied down Mobil home — is that right ? No concrete slab or block foundation?" This refers to the VA requirement for lo...
By Whitney Watson
(First Home Mortgage)
Comments 7
Buying your first home probably seemed complicated and overwhelming, but transitioning from your first home to your second home can be lot more difficult without the proper guidance. When you purchased your first home, you were renting a house or an apartment.  Even if you had a lease that had no...