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 65
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 George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 8
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 Conrad Allen, Webster, Ma, Realtor
(Re/Max Professional Associates)
Comments 8
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 Mike Young, FHA 203k Consultant 707-812-7668
(203kOnLine.com, covering California & most other states)
Comments 1
I’m a contractor why should I learn about the 203k loan program? If you have all the work you need already then maybe you don’t need to know about the FHA 203k loan program but there are allot of you out there that have been buying my eBook “Contractors and the 203k” indicating that many of you a...
By Debbie Walsh, Hudson Valley NY Real Estate 845.928.8000
(Keller Williams Realty)
Comments 5
This is a post written by George Souto of Mccue Mortgage.  Many times homeowners are under the impression that bankruptcy wipes the slate clean of mortgage debt - NOT SO. One of the misconceptions Homeowners as well as even some Real Estate Professionals have is that if a Homeowner goes through b...
By Bill Ladewig, Your FHA Guru - Closing Home Homes Since 1970
Comments 0
MORTGAGE INTEREST RATE LOCK ADVISORY July 23, 2014, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: FLOAT 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 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: 4.59% FHA 30 year:4.25% Credit Score:640 LTV:96.5% loan amount:$200k APR:5.87% 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 are...
By Eric Boucher, The FHA/VA Condo Project Approval Guy
(ReadySetLoan Condo Team LLC)
Comments 5
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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 22
“The Challenges of Paying Off a Private Mortgage”   Many turned to alternative ways to purchase real estate after experiencing a foreclosure, short sale and bankruptcy. Many have found lease option opportunities and others have found owners that were willing to hold the mortgage.   Alfred contact...
By Lou Ludwig, CRB, CRS, CIPS, GRI, SRES, TRC, e-PRO
(Ludwig & Associates)
Comments 3
  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 Roy Kelley, Roy and Dolores Kelley Photographs
(Retired Real Estate Broker, Maryland Blogger)
Comments 12
CFPB ruling to help heirs to avoid foreclosure   “The Consumer Financial Protection Bureau (CFPB) issued guidance Tuesday aimed at making it easier for surviving family members who have inherited a property due the death of a loved one to be added to the mortgage, allowing them to seek modificati...
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 Brett Sampson, Texas Lender
(Berkshire Lending, LLC)
Comments 0
I hope your having a good week so far! In keeping with recent posts – I want to go over the VA guidelines for Foreclosure, and Bankruptcy. Here ya go… VA   Short SaleDeed-In-Lieu of ForeclosureForeclosure 2 years from completion dateIf extenuating circumstances exist – 12 months from completion d...
By Whitney Watson
(First Home Mortgage)
Comments 0
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 Jeff Jensen
(Annie Mac Home Mortgage)
Comments 1
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...
By Roy Kelley, Roy and Dolores Kelley Photographs
(Retired Real Estate Broker, Maryland Blogger)
Comments 5
Co-Signers on Defaulted FHA Loans Are Getting New Mortgages   “When reporting defaults and claims on government-insured single-family mortgages, the Federal Housing Administration identifies the primary borrower to a government database, but rarely provides the names of the co-borrowers.” – Mortg...
By Jeff Jensen
(Annie Mac Home Mortgage)
Comments 0
Mortgage backed securities (MBS) closed down 12 basis points today at 105.59 having once again remained above support offered by the 25 and 50 day moving averages.  There were no economic reports due out today to effect markets.  The international news has been kind of lacking since the two major...
By Christopher Ohlsen
(Plattsburgh Mortgage Company)
Comments 12
I write some blog posts to share my experiences with other professionals. I write some for the benefit of consumers. It's rare that I write a consumer centric post that also benefits professionals such as this one. I want to share an experience that I had recently. I am working with a woman w...
By Whitney Watson
(First Home Mortgage)
Comments 8
  Credit tip number 2 is to reduce your credit card balances below 30% of the credit limit on each credit card; reducing balances below 10% is even better. Credit card utilization has a very high impact on your credit score, so keeping balances low is key to building and maintaining a high score...
By Wayne L. Brown
(Security National Mortgage Corporation)
Comments 8
AR Forum Nothing ever seems to amaze me these days when it comes to our Government or the Agencies that make up the landscape of this Government.  I don't normally write about the "Negative" things in life, but this caught me by surprise today.  While I do my best to try to respect ...