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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 84
I am seeing health insurance cost that are higher than mortgage payments. For many in this country, that lost their health insurance, they don’t see the benefit of the Affordable Care Act, being affordable at all. Their original monthly cost was less than half of their current obligation.   I met...
By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 1
  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 Justin Fitzhugh, Mortgage branch opportunities in 47 states
(Nations Lending Corporation)
Comments 0
Members of Congress express concern over the continued supervision by the Federal Housing Administration, FHA, over Fannie Mae and Freddie Mac. Yesterday, Mel Watt, director of the Federal Housing Finance Agency, answered questions to members of the Banking, Housing and Urban Affairs Committee. H...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 7
The news from FHA this week is that FHA Is In The Black Again, But Still Below The Statutory Minimum.   The news FHA Mutual Mortgage Insurance Fund (MMI) is showing positive numbers again is good news, but the news it only hit a .41% capitol ratio is not. Last year FHA projected the fund would go...
By Bill Ladewig, Experience Is Your Advantage
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY November 20, 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 Teno3Magnet - As long as the 10 remains in its 19 day range between 2.30% and 2.38% we consider the market neutral;...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 13
“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 Whitney Watson
(First Home Mortgage)
Comments 43
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 Randy Kirsch, (NMLS# 1012303)
(Right Trac Financial Group, Inc., NMLS# 2709)
Comments 2
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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 33
“What is it about IT WON’T Work that You Don’t Understand”   A real estate investor contacted me about a crazy scenario. He has a tenant that has “BAD” credit, but wants to buy the home she is living in, that this investor owns. The investor wants to be a co-signer on the loan, in order to sell t...
By Rhett Laufenburger, Peoria AZ Mortgages
(AmeriFirst Financial Inc )
Comments 0
  Jeff and I would like to Thank You for all you have completed in the time frame needed.   The entire process and experience with you and Rhett has been just AMAZING!!!! I cannot thank you enough for all attention to detail and follow up you have shown.   I will be sending you any and all busine...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 17
“Are Millennials the Key to The Housing Recovery?”   I keep reading so much about this topic. In most of what I read, they are missing the bigger picture. No matter what the age group is, folks need to feel comfortable with an economy and for most that is not the case.   The indications are that ...
By Randy Kirsch, (NMLS# 1012303)
(Right Trac Financial Group, Inc., NMLS# 2709)
Comments 5
I received a referral from a Realtor referral partner a few days ago.  Joe Petrowsky and I met with the lady yesterday.  I had a feeling from my first phone conversation with her that this was going to be a difficult, if not impossible, situation.  Unfortunately, my initial feeling was correct. T...
By Henry J. Daniels - Woodlands Texas Home Loans, Construction, Conv, VA, FHA & USDA Home Mortgages
(Henry J Daniels www.WoodlandsMortgageBank.com (936) 228-1944)
Comments 0
There are two types of Custom Home Construction Loans Available in the Houston Metro area. You've decided to build your own custom home because the cookie cutter tract homes that you've seen are just not what you and your family are looking for.   Now comes the part when you are looking for finan...
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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 81
“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 Randy Shamburger, FHA, VA, USDA and Conventional Mortgage Expert
(Movement Mortgage)
Comments 0
VA Loans in Seneca SC  VA Loan in Seneca SC and 100% VA Loans - the best loan program in the country! Designed for both active duty military and honorable discharged Veterans, VA Mortgage Loans are one of the best mortgage loan programs available today. Here are some of the great features of this...
By Henry J. Daniels - Woodlands Texas Home Loans, Construction, Conv, VA, FHA & USDA Home Mortgages
(Henry J Daniels www.WoodlandsMortgageBank.com (936) 228-1944)
Comments 1
A home Construction loan otherwise known as an Interim home Construction Loan is an easy way to get the home of your dreams.  No more are you stuck in a cookie cutter tract home subdivision that has as much personality as a cardboard box.  Instead you can start with the blank sheet of paper and ...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 43
Washington Is Still In Denial When It Comes To Housing Issues.  The President and CEO of the Mortgage Company I work for was in Washington, DC this last month to meet with other Lenders throughout the country on Housing and Lending issues we continue to face.  While in Washington he along with so...
By David Krichmar, DaveYourMortgageguy.com
(www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo)
Comments 0
Conventional 30 year Mortgage: 4.25% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.49% FHA 30 year:4.125% Credit Score:640 LTV:96.5% loan amount:$200k APR:5.57% Conventional 15 year:3.375% Credit score:740 LTV:80% Loan Amount:$200k APR:3.52%   Rates are Subject to Change Call me today if you ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 42
“Desperate”   I need your help, I’m desperate. Robert came to see me about refinancing. His story was pretty sad and very foolish. He and his sister inherited their parent’s home, he was the one that actually lived there.   A few years ago he put a mortgage on the property to do some repairs, pay...