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 4
 “It’s Never too Early to Start Preparing”    Hi Mr. Petrowsky, I was wondering if you can check my credit because my lease ends in September and my realtor told me in May we should start searching for houses so we can start doing the closing in August. I just want to make sure. What is the amoun...

By Lorraine Santirosa, #1 San Diego Military Relocation Expert!
(Mission Realty Group)
Comments 14
Does Countrywide now Bank of America owe you money? -The Justice Department is confronted with a challenging task of locating over 200,000 alleged victims and establishing a method of compensation after a $335million dollar fair lending settlment with Bank of America's Countrywide unit. The agree...

By Shawn King, Chenoa Fund--Get Signed Up.
(CBCMA / CBC Mortgage Agency)
Comments 0
Chenoa Fund, offered by CBC Mortgage Agency, provides 1st and 2nd mortgage products on a national level to home buyers who need assistance with their down payment.  We do this through a channel of approved correspondent lenders in much the same way as local and state Housing Finance Agencies (HFA...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: Manufacturing in the NY region had one of it's worst declines in June, according to the Empire State Index, which went from 17.8 in May to -8.6 in June.  Also, confidence is starting to wane with Home Builders, as the NAHB Home Builder Index, which is a survey t...

By Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide
(Texana Bank)
Comments 90
If you're happy where you are, then congratulations! But if you're dreading Monday, maybe it's time for a change.  Consider one of these career offerings! (Click below) (Please SHARE, you may help someone find their dream job! ) Send your resume to Trent.Dalrymple@TexanaBank.com if you have a min...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
32514 Pensacola Florida News: Mortgage rates dip again – 30-year at 4.1% It's the second week for declines. A 10-year Treasury note drop due to investor worries over a U.S.-China trade war pushed average fixed-rate mortgages lower. Read more.Read more.   Call or Text Charles Stallions Now 850-476...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 41
What's the Point of Points? Let's get right to the point.  What point?  Points.  I don't get it.  What's your point?  The point is points --- what are they, how do they work and should I pay them when I get a mortgage?  There's a lot of confusion about points and when a borrower researches his or...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 3
When Is a Good Time to Refinance? There's that great, old maxim that goes, "There are two kinds of jobs in the world; the kind you shower before and the kind you shower after."  And in that spirit, I would offer that there are two kinds of refinances in the world --- the kind you transact because...

By Karen Rice Madison AL Realtor, 434-282-7936 Call/Text
(Keller Williams Realty Madison)
Comments 0
If you're wondering, "What the heck are mortgage points?" I hope you will read this clear and concise explanation by Mortgage Professional, Rob Spinosa.  Enjoy.... What's the Point of Points?   Let's get right to the point.  What point?  Points.  I don't get it.  What's your point?  The point is ...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 1
What Is a Debt Service Coverage Ratio Mortgage? Real estate investors have long turned to private money loans when conventional mortgage lenders have determined that either they, with their multiple property holdings, or the properties they are looking to buy, pose too great a risk.  But for its ...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
32514 Pensacola Florida News: Creative financing: You’ve heard of it, and, as a seller, the idea sounds pretty attractive. But, do you know everything you need to know about carrying back a second; essentially, about becoming a lender? You better know the same things that financial institutions k...

By Cary Carlen, Home Loan solutions | Self Employed home loans!
(HomeXpress Mortgage)
Comments 0
Hello All,Our Forgin national mortgage program requires..NO DTI -NO Reserves -70% LTV Purchase-Cash out 65% -6 months seasoning for new value -Loan Amounts to 1.5 million -5yr -7yr - 30yr! No Fico - Chat Soon!Cary Carlen 949-535-0931  

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) down 9 basis points today at 103.16 having closed 147 points above support offered by the 200 day moving average. The conforming rate is at 4.00% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.00%. Whether in New England, the Mi...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: There's a lot of data on the Economic Calendar to report today. We'll start with the Retail Sales and Retail Sales without Autos for May, which were both up 0.5%. This was on the heels of a positive revision the previous month for both data points. Industrial Pr...

By Dan Edwards 425-276-7008
(Keller Williams Realty - Bellevue)
Comments 2
How to Get Better Credit for a Home LoanIt doesn’t seem fair that one number can determine so much of our future. At 18, we get to vote and make adult decisions. At 21, we can drink legally. However, one number follows us around for the rest of forever.READ MORE

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 1
Conventional 30 year Mortgage: 3.875%Credit score:740LTV:75%Loan Amount:$300kAPR: 4.015%FHA 30 year: 4.0% Credit Score:740LTV:96.5%loan amount:$300kAPR: 4.9%Conventional 15 year: 3.375%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.62% Rates are Subject to ChangeCall me today if you are thinking ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
After six straight weeks of declines, mortgage rates held steady this week and remain at lows seen in September 2017. Easing trade tensions with Mexico helped to stabilize the markets. Freddie Mac reports that the 30-year fixed-rate mortgage was unchanged at 3.82% today with an average 0.6 in poi...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
 After six straight weeks of declines, mortgage rates held steady this week and remain at lows seen in September 2017. Easing trade tensions with Mexico helped to stabilize the markets. Freddie Mac reports that the 30-year fixed-rate mortgage was unchanged at 3.82% today with an average 0.6 in po...

By Phil Stevenson, CRMP, "Mortgage Nerd" in Miami, Florida and Texas
(PS Mortgage Lending 305-791-4874 or 888-845-6630)
Comments 0
I keep seeing articles about mortgage applications in decline, when we are booming and seeing a very healthy market.  Buyers are getting the offers they want as the market has shifted from a definite seller's market to a healthy and balanced buyer's market.  We were seeing 5+ offers on properties...

By Phil Stevenson, CRMP, "Mortgage Nerd" in Miami, Florida and Texas
(PS Mortgage Lending 305-791-4874 or 888-845-6630)
Comments 1
As a mortgage lender, I have always viewed Non-QM Loans as a great opportunity for people to receive a loan that doesn’t include all of the confusing and time spending rules a regular QM loan requires.  In previous years, (viewing them on a much higher scale) Non-QM hadn’t reached the popularity ...