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 3
  Hi Joe!You have been helping my Mother, Vivian with a mortgage. So we have been in the $279 - $299 range. We have slowly increased and have found a home that is $325. Our Realtor has requested we ask you if that would work. We are between three homes at the moment, (the first offer $275 counter...

By Vern Eaton, Realtor 651-674-7449
Comments 2
It is Friday and I am feeling great.To top it off, I read a blog by William Feela.It fits the season and my funny bone.Take a peak at this and you should find yourself with a smile.Then take that mile into the weekend and have a great one!  Fall is all about the harvest and Pumpkins seem to lead ...

By Roy Kelley, Roy and Dolores Kelley Photographs
(Realty Group Referrals)
Comments 14
Regardless of what a homeowner is told or not told at the time of a bankruptcy by their Attorney and Lender, the Mortgage Debt Is Still Owed After A Bankruptcy. A misconception homeowners as well as even some Real Estate Professionals have, is that if a homeowner goes through bankruptcy the mortg...

By John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 10
Products, Programs, and ProcessesAt least a couple times each week I'm asked to send over a list of products that we offer that may be different - Realtors, financial advisors, and other business partners are wanting to know what's available to meet the needs of more and more clients.  The proble...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.04% 2.64% Fixed 2 Year 2.84% 2.54% Fixed 3 Year 3.44% 2.84% Fixed 4 Year 3.89% 2.94% Fixed 5 Year 4.84% 2.94% Fixed 7 Year 5.30% 3.44% Fixed 10 Year 6.10% 3.74% Variable 2.35% Prime 3.20% Benchmark 4.89% Rates may vary provin...

By Debbie Solano, ALC, CRS -- Land & Country Estates near Tulsa
(Coldwell Banker Select, Realtors -- Tulsa, Oklahoma)
Comments 17
I heard that it is next to impossible to get a mortgage on a single-wide mobile home, so I sought advice around the office. One "seasoned" real estate agent told me she doesn't list them because "they aren't real estate."  I understood the undertone better than the words.  This is not the right a...

By Jason E. Gordon, Sr. Mortgage Loan Officer, CMPS, RCS-D, CDPE, CMHS
(AmeriFirst Financial Inc, San Diego, CA)
Comments 5
What is the difference between Mortgage Pre-Qualification and Mortgage Pre-Approval (and what is a Mortgage Cross-Approval)?  These terms get tossed around frequently (and are often used improperly) by Real Estate Agents, Buyers & Sellers. The following explanation has been written in an attempt ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 3
“Financial Planner & Realtor Referrals Make Me Look Good”  Want you to know that your help with this was and IS truly appreciated, as everything worked out very well.The Trustee selected XXXXXX  XXXXXXXX who you referred.They enjoyed working with her and were pleased that the home was able to be ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed down 25 baiss points today at 102.66 having finished the day 7 basis points below resistance offered by the 200 day moving average and once again falling below all the moving averages. The 30 year was available at 4.00% today.  The 30 year jumbo was at 4.12...

By Rodney Mason, FHA 203(k) & HomeStyle Renovation-AL,GA,TN
(On Q Financial)
Comments 4
Make your offer standout in a market where almost every home listing receives multiple bids. Show your Seller that you are serious about closing on time.Use the On Q Financial On Time Closing Guarantee and we guarantee that you will close on time or we will pay the Borrower and/or the Seller $1,0...

By William Feela, Realtor, Whispering Pines Realty 651-674-5999 No.
(WHISPERING PINES REALTY)
Comments 10
Fall is all about the harvest and Pumpkins seem to lead the way.I often wonder if more Pumpkins get carved up or eaten.But, at any rate, i was sent a picture of pumpkins.It is the greatest photo I have ever seen although I have a warped sense of humor. But take  a look...But if nudity bothers you...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed up 9 baiss points today at 102.91 having finished the day just 2 basis points below resistance offered by the 10 day moving average. The 30 year was available at 4.00% today.  The 30 year jumbo was at 4.125%.  Whether in New England, the Mid Atlantic or the...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 4
After being in the losing column most of the day The Dow rallied before the close and managed to close above 23,000 for the second consecutive day and even squeaked out another record high.  There was some talk by the pundits that President Trump might be leaning toward Jerome Powell, a current F...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
The senate approved a budget bill that could lead to Mr. Trump's promised tax cuts today.  September  existing home sales were up .7% over August to a higher than expected annual rate of 5.39 million units.  The idea of tax cuts made equity traders happy as stocks surged upward once again.  Meanw...

By Mike Bjork
(American Pacific Mortgage)
Comments 0
http://MikesDailyMarketReport.com:  Provides a synopsis of the daily interest rates for mortgages and home loans and Interest Rate Trends.  You'll find insight on what is driving the interest rates for that particular day and some thoughts about short- term and long- term trends with the Interest...

By Mike Young, FHA 203k Consultant 916-758-1807
(203kOnLine.com, covering California & most other states)
Comments 3
I need an FHA 203k consultant, what should I expect?My lender recommended a consultant. I called the consultant and he suggested I get a contractor's bid prior to ordering his services. My contractor had experience with the FHA 203k program and indicated that the consultant gave her misinformati...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
Well today was the day.  The closing bell rang, digital cameras collected thousands of image in just seconds and the traders hooted and hollered at the top of their collective lungs.  The Dow finally closed above 23,000 for the first time.  The Dow which closed at 19,827 on inauguration day back ...

By Mike Bjork
(American Pacific Mortgage)
Comments 1
http://MikesDailyMarketReport.com:  Provides a synopsis of the daily interest rates for mortgages and home loans and Interest Rate Trends.  You'll find insight on what is driving the interest rates for that particular day and some thoughts about short- term and long- term trends with the Interest...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Core Lending)
Comments 0
 Conventional 30 year Mortgage: 4.125%Credit score:740LTV:95%Loan Amount:$300kAPR: 4.44%FHA 30 year: 4.125%Credit Score:740LTV:96.5%loan amount:$300kAPR:5.17%Conventional 15 year: 3.625%Credit score:740LTV:95%Loan Amount:$300kAPR:3.93% Rates are Subject to ChangeCall me today if you are thinking ...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 9
“They have their Priorities”    Morris returns from the doctor and tells his wife that the doctor has told him that he has only 24 hours to live. Given the prognosis, Morris asks his wife for sex. Naturally, she agrees, so they make love.About 6 hours later, the husband goes to his wife and says,...