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 Maria Gilda Racelis, "Your Goal, My Goal. We Can Make it Happen."
(Home Buyers Realty, LLC-Manchester, Bolton. Vernon,Ellington)
Comments 0
One of the many challenges of individuals who are trying to obtain and acquire their own home is dealing with the companies to get their collections or accounts on the report corrected.   This becomes daunting especially for first-time buyers.   The following blog from Joe Petrowsky gives the con...
By Lou Ludwig, CRB, CRS, CIPS, GRI, SRES, TRC, e-PRO
(Ludwig & Associates)
Comments 2
  You Have the Ability to Make a Difference . . . . “Few will have the greatness to bend history itself; but each of us can work to change a small  portion of events, and in the total of all those acts will be writer in the history of this generation.” Robert F. Kennedy 1925 - 1968, US Attorney G...
By Katie Wethman, CPA, MBA, Realtor - Northern Virginia & DC Real Estate
(Keller Williams)
Comments 1
We often find that incoming clients are on the fence about buying or renting in the area. The DC area is a very transient one, and many people find themselves packing up to leave just as quickly as they arrived. The decision of whether to rent or buy is a difficult one; renting is essentially has...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
“What to do When You Can’t Get a Credit Report Corrected”   I tell my clients to go online to access the laws that deal with these issues:www.ftc.gov  then check out the Fair Debt Collect Practice Act (FDCPA).   Three months out diligent calling and email the creditor and credit bureaus these pro...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 16
“Recommendations”   I recently wrote a blog about how I use Linkedin and specifically about recommendations. I have received a number of emails asking me “How” and “When” I ask for recommendations.   First, there is always a right time to ask for recommendation. Let me first say, I never wait unt...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 13
In my blog the "Loss Mitigation Road To A Short Sale" about a work shop I attended this week on Loss Mitigation and FHA Short Sales, I mentioned that up until attending this workshop I was under the impression a homeowner who wanted to do a Short Sale on their property was able to apply...
By Robert Clapton
Comments 33
We have direct provider for BG/SBLC/LC from top AA rated banks in the world. HSBC London or HongKong ETC our leasing fee is 6+2 Genuine brokers and Borrower only. Please contact Mr Robert Clapton Contact: Email:  robert.clapton@rocketmail.com  Telephone: +44-777-650-6313 
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 66
One of the misconceptions Homeowners as well as even some Real Estate Professionals have is that if a Homeowner goes through bankruptcy, the mortgage is discharged along with all the Homeowner's other debts.  The reason why Homeowners who have gone through bankruptcy a believe this, is becaus...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY July 24, 2014, 8:30 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 0.25 point. 30 Day Close Mortgage Interest Rate Lock or Flo...
By Jason E. Gordon, Residential Mortgage Specialist, CMPS, CDPE, CMHS
(AmeriFirst Financial Inc, San Diego, CA)
Comments 1
We are amidst a volatile morning thus far today.  Jobless claims came in below expectations (their lowest level since February, 2006).  Mortgage Backed Securities declined immediately upon discovery of this news. New Home Sales also came in below expectations.   The market has opened roughly 0.12...
By Eric Boucher, The FHA/VA Condo Project Approval Guy
(ReadySetLoan Condo Team LLC)
Comments 6
Can Our Mixed Use Condominium Get Approved with FHA? Following my article in the Charlotte Observer on Saturday, a developer contacted me regarding an FHA condominium approval for his mixed use condominium building.  It is a 3-story building with 20 residential units on the top two floors.  The f...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 11
This week our Loss Mitigation Department presented a Workshop on the Loss Mitigation Process so other department are more aware of the process from start to finish.  I attended the workshop because I wanted to have a better understanding of the Loss Mitigation Road To A Short Sale. Even though I ...
By Lou Ludwig, CRB, CRS, CIPS, GRI, SRES, TRC, e-PRO
(Ludwig & Associates)
Comments 4
  The Future is in Your Hands “You control your future, your destiny. What you think about come about. By recording your dreams and goals on paper, you set in motion the process of becoming the person you most want to be, put your future in  good hands – your own.” Mark Victor Hansen, Self-Help a...
By Conrad Allen, Webster, Ma, Realtor
(Re/Max Professional Associates)
Comments 13
We had a closing yesterday where the buyer obtained a FHA loan.  He originally was going USDA but his ex wife didn't a loan on time that they were both on.  She was required to pay the loan as part of the divorce settlement.  So he had to go the FHA route. The buyer's/mortgage company'...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 20
“Refinancing and Stop Paying Mortgage Insurance”   It is hard to understand why some keep paying mortgage insurance when they don’t need to, especially FHA mortgages. A while ago FHA changed their guidelines so that with the minimum down payment at the time of the purchase the mortgage insurance ...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 2
Stock futures opened the day slightly down.  That was surprising since Social Media star Facebook showed a 60% increase in earning and the weekly unemployment numbers were the lowest in eight years.  Stocks vacillated in and out of the black throughout the day.  Then new home sales were way off a...
By Richard Weeks, Realtor, Associate Broker - Manager Business Development
(Waller Group)
Comments 0
Things to know about conventional mortgages.   Conforming loan limit is up to $417,000.  Loan amounts over $417,000 are considered Jumbo loans. Any/all monies to close can come as a gift from a blood relative (unless investment property) AU (Automatic Underwriting) has tightened significantly bec...
By Whitney Watson
(First Home Mortgage)
Comments 1
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 Heather Frye, Fredericksburg Mortgage - The Frye Team
(Movement Mortgage - Fredericksburg Mortgage)
Comments 0
There are some things that seem like common sense but sometimes it can be helpful to have a list of what you should or shouldn't do when buying a home.  We all know how tedious this process can be if you have ever been through obtaining a mortgage loan.  Here are some helpful suggestions.   1...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 2
Stock futures began the day near neutral as Microsoft and Apple reported earning this morning.  Each of the two mega tech companies reported mixed earnings.  The report that two Ukrainian fighters were shot down today was rather surprising as it would draw additional scrutiny to the Russian missi...