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 Ruth Vogt, 719-592-0855 Apply 24/7 www.ColoradoHomeLender.com
(Fairway Independent Mortgage, LLS. Equal Housing Opportunity. Regulated by the Division of Real Estate.)
Comments 4
Have you ever wondered who is allowed  (or required!) to pay what fees. Hopefully, this chart will help!  Fee/Expense Borrower Seller 4% Concession 1% origination fee x x   Discount Points-customary x x   Discount Points-to permanently buydown interest rate x x x Escrowed Funds for temporary buyd...

By Ruth Vogt, 719-592-0855 Apply 24/7 www.ColoradoHomeLender.com
(Fairway Independent Mortgage, LLS. Equal Housing Opportunity. Regulated by the Division of Real Estate.)
Comments 6
While searching the internet for an industry one liner for our meeting this morning, imagine my surpirse...One of the best I found was from a blog post done in 2007 by one of our own Rainers!! Ready? So you have all heard about Robin Hood's house, right? Ready???IT HAS A ... LITTLE JOHN!!        ...

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: 4.54%FHA 30 year: 4%Credit Score:740LTV:96.5%loan amount:$300kAPR:5.07%Conventional 15 year: 3.5%Credit score:740LTV:95%Loan Amount:$300kAPR:3.993% Rates are Subject to ChangeCall me today if you are thinking of ref...

By Leonardo D Yepes, Jumbo, Physician and Construction to Perm Loans
(Citizens One Home Loans)
Comments 3
Powered by: Mortgage News Daily

By Ginny Gorman, Homes for Sale in North Kingstown RI and beyond
(Phillips Post Road Realty ~ 401-529-7849~ RI Waterfront Real Estate)
Comments 5
Private Mortgage Insurance or Mortgage Insurance and No Longer Having It On Your Mortgage George Soutu does another outstanding job explaining the difference and what you have to do to eliminate it on your mortgage.  Important information to share with your network of clients and to ensure they a...

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 Ruth Vogt, 719-592-0855 Apply 24/7 www.ColoradoHomeLender.com
(Fairway Independent Mortgage, LLS. Equal Housing Opportunity. Regulated by the Division of Real Estate.)
Comments 2
VA loans offer a truly unique, deal-saving option that few understand! While you may know that VA has a seller concession limit of 4% of the sales price, you might not know WHAT is included in that 4%.Sellers can pay up to 4% in sales concessions to include:Buyer's funding feePrepaid taxes and in...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
“Is there a Lesson Here?”  An elderly couple returned to a Mercedes dealership where the salesman has just sold the car they were interested in to a beautiful, leggy, busty blonde. "I thought you said you would hold that car till we raised the $75,000 asking price," said the man. "Yet I just hear...

By Stephen Katz, Branch Manager, CMPS
(Katz Mortgage Team, a branch of VanDyk Mortgage Corporation)
Comments 0
The number one question that we get asked every day from potential clients is, “What is your current interest rate?”If only that question had a simple answer. If it were as easy as just spouting off a percentage, you might not even need us. That’s because understanding and getting your interest r...

By Ruth Vogt, 719-592-0855 Apply 24/7 www.ColoradoHomeLender.com
(Fairway Independent Mortgage, LLS. Equal Housing Opportunity. Regulated by the Division of Real Estate.)
Comments 1
So, I got in the mortgage business in the late 70's (before ECOA or Fair Lending, to be honest!). In the early '80's I decided to become a loan officer (which was unheard of for a woman to be in the sales department vs. behind a desk!) I convinced my husband, Jim, to give up his CPA profession an...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 3 basis points today at 103.00 having climbed to within 1 basis point of resistance offered by the 200 day moving average The 30 year conforming remained 4.00% today while the 30 year jumbo was available at 4.125%.  Whether in New England, the Mid Atlant...

By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Comments 19
Anna 'Banana' Kruchten is hosting an ActiveRain contest this month titled "FAQ Break Into Summer Organized Contest" in which she is challenging us to write 5 new posts answering 5 consumer FAQ's.  As I have stated on my previous blogs in this challenge, this is an easy one for me.  There are at l...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mario Draghi of the European Central Bank was back in the news today as he suggested the level of stimulus required to get the European economy moving was only "considerable" stimulation rather than "very substantial".  Exactly what that means is not clear but I assume we will find out as we vies...

By Nick and Cindy Davis, CRS,CLHMS,ABR,GRI,CIAS,ALHS,e-PRO,CDPE,SFR
(RE/MAX Premier Group)
Comments 0
After months of trying to find just the right home, making some offers, and even perhaps competing with other buyers, you finally have a deal on your perfect home. It took some negotiations, nevertheless, you and the seller are at terms with the contract and credits. See details here Specifics Ho...

By Ruth Vogt, 719-592-0855 Apply 24/7 www.ColoradoHomeLender.com
(Fairway Independent Mortgage, LLS. Equal Housing Opportunity. Regulated by the Division of Real Estate.)
Comments 0
If there is one standard reason given for not considering a VA loan over other options, it's about the VA funding fee. So, "drop the mic"! It's time to crush a few misconceptions! If you are qualified, keep reading.  If your are not sure, click VA lOAN OVER VIEW.First, there is no better NO DOWN....

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Well today instead of rallying as Thursday and Friday's charting suggested, MBS bond traders pretty much threw in the towel.  It was actually Mario Draghi, President of the European Central Bank (ECB) who set the dampening tone stating the inflation was dragging behind expectations.  Despite the ...

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 Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 28 basis points today at 103.00 having fallen through and closed 6 basis points below support offered by the 200 day moving average The 30 year conforming remained 4.00% today while the 30 year jumbo was available at 4.125%.  Whether in New England, th...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 1
We SELL Homes in Pensacola Florida 32514, Survey: Rising mortgage rates worry young buyersAlmost 70% of millennials feel pressure to buy a home before mortgage rates rise, but 55% of this group are also discouraged that they'll be able to do so. Read more.                   THOUSANDS OF HOMES.......

By Bahman Davani, CM at Texas Five Star Realty, Plano, TX (214) 457-7055, Homes for Sale in Plano, Frisco, Prosper, Allen TX
(Texas Five Star Realty, Plano Texas)
Comments 2
Why is a Credit Score So Important? Part 18: As part of series of articles (blogs) regarding Credit and Credit Score, here we go: Disclaimer: Every effort has been made to make these articles as complete and as accurate as possible, but no warranty or fitness is implied. The information provided...