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 Doug Dawes, Your Personal Realtor®
(Keller Williams Realty - Topsfield, MA)
Comments 7
I found this graphic from KCM to be an informative and an easy way to get the process into the hands of my clients, especially 1st-time buyers. I send via email and include it in their buyer packet. The Mortgage Process: What You Need To Know [INFOGRAPHIC] Some Highlights: Many buyers are purchas...

By Dale Cosack
(BHHS Fox & Roach Realtors - Newtown)
Comments 0
The Fannie Mae Homestyle Renovation Loan is a great option in today’s market where inventory is limited.  It opens up a wider range of homes to buyers if they are willing to live through the renovations.  While that isn’t necessarily easy you could end up in the neighborhood you want with a home ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) were flat once again today at 102.94 having finished the day just 14 basis points below resistance offered by the 100 day moving average. The 30 year was available at 4.00% today.  The 30 year jumbo was at 4.00%.  Whether in New England, the Mid Atlantic or the Mi...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
What a strange federal holiday Columbus Day turned out to be.  The stock and bond markets were open, catholic schools were closed and public schools were open.  Usually on federal holiday there is no trading or at a minimum the trading hours are shortened.  At the same time as Columbus has been i...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
In the wake of the worst jobs report in years, stocks traders managed to put that in their rear-view mirrors as all three major indices here advanced and the Dow set yet another record.  Amazingly all this was accomplished with no new economic reports to fret about tomorrow.  Speculation about No...

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 JoAnn Moore, Home Loans in Delaware
(The Mortgage Market of Delaware)
Comments 17
Eight Reasons to Refinance your MortgageSince there seems to be a trend of rising interest rates, you may be wondering if you should refinance your home mortgage. There are several reasons why this might make a lot of sense. Here are a few:      If your current jumbo loan or the combination of yo...

By Lee Keadle, Keadle Real Estate Group
(Carolina One Real Estate)
Comments 1
As real estate agents, we get a lot of questions about financing a home. With the credit crunch that we're seeing right now with home loans, I wanted to write just briefly about how buyers can build credit before they buy. If you know that you'll be buying a home in the near future, you may as w...

By Olan Carder
(Fairway Independent Mortgage)
Comments 8
I wanted to write a follow up post to the one I wrote last month about Bank of America and their useless wonderful subordination department.  For those of you who read it, you remember my clients were forced to cancel their refinance (which saved them $300) because Bank of America would never res...

By Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent
(Platinum Properties)
Comments 26
Exempt Veterans from Paying the VA Funding FeeThe advantage of using a VA Loan is that the Veteran can get 100% financing without a down payment. This is available on his principal residence purchase. Note that most other loans do require some type of down payment.The Department of Veterans Affai...

By Alan May, Helping you find your way home.
(Coldwell Banker Residential)
Comments 8
I had a credit issue, in my past.  Someone opened random credit in my name, and made a bunch of large purchases (you know... big screen tv's and the like). I didn't know anything about it until I went to make a large purchase, and was denied, due to my "bad credit"... because I wasn't monitoring ...

By Dennis Dahlberg
(Level 4 Funding )
Comments 1
Lending Home, Realty Shares and Patch of Land act as commercial hard money lenders, giving short time financing to real-estate investors. The following article gives details about of each them to help you decide which option is right for you.These three companies have good reputations and have a...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) were flat today at 102.91 having finished the day 20 basis points below resistance offered by the 100 day moving average. The 30 year was available at 4.00% today.  The 30 year jumbo was at 4.00%.  Whether in New England, the Mid Atlantic or the Midwest or anywher...

By Robert Clapton
Comments 151
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 Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 2
“Builder Referrals and Trust”   The next step will be arranging for you to sit down with a representative from Right Trac Financial Group, a user friendly mortgage broker, located at 110 Main Street in Manchester.  I have known owner Joe Petrowsky most of my adult life and have the greatest respe...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 7
Here's some very timely and useful information if anyone has had the unfortunate experience of losing their home to one of the recent storms or fires that have hit the nation courtesy of George Souto:  Many homeowners have recently lost their homes  by the  devastating damage caused by Hurricanes...

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Comments 7
Unfortunately, there's no end to what some businesses will promise.  In this case, they are preying on our veterans who may not realize these refinance offers are not what they promise to be: You're Looking Out for Veterans?        In today's issue of "I love my business but sometimes hate my ind...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 6
 “Changing Jobs Just Before Applying for a Mortgage”  I do have a question regarding my job and how it would affect loan approval etc.I've been here for 26 months, and would like to start looking for other positions out there with more pay, and possibly be closer to Tolland.I currently make 56k a...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Commercial Bond Yields   CMB         GoC         Floating RateInsured Cost of Funds 5 Year - 2.17%CANHOU 12/15/22 [+0.03]       5 Year - 1.79%CAN 1.0 09/01/22 [+0.03]       1.23%                     [-]                       10 Year - 2.69%*CANHOU 03/15/28 [+0.05]       10 Year - 2.14%CAN 1.0 06...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 2
Well the long awaited government jobs report was finally released this morning and it was a bust.  Instead of gaining the anticipated 75,000 new jobs, the economy lost 33,000 creating a 108,000 negative swing.  Despite that the unemployment rate dropped to 4.2% for the first time since February 2...