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 Trent Dalrymple (248) 854-0625, Helping Mortgage Professional's Lend Nationwide!
(Texana Bank)
Comments 0
Mortgage Brokers and Loan Originators:  When a client asks if you can help them with their loan for a property out of state, prepare to say YES! Realtors, Real Estate Brokers and Agents: Share this information with your favorite Mortgage Broker and Loan Originators so they can help your clients N...

By Rob Spinosa, Vice President of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Comments 0
Lock Watch for the Week of 11/19/2018 Volatility-O-Meter:Wednesday is a real market day but otherwise the week is light, even if the meals will be heavy... Economicalendar (all times are Pacific):Mon, 11/19:      Housing Market Index (7am).Tues, 11/20:      Housing Starts (5:30am).Weds, 11/21:   ...

By Dan Papadapoulis, Home equity loans, second mortgages Toronto
(Mortgage Central Nationwide)
Comments 0
It took years, but Toronto Police were finally able to lay charges against those involved in bridle-path fraud scheme. The scheme has been going on since 2013 and has been using fake home ownership papers to get mortgage money.What is the Bridle Path Fraud Scheme?The Bridle Path Fraud Scheme is a...

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 Dan Papadapoulis, Home equity loans, second mortgages Toronto
(Mortgage Central Nationwide)
Comments 0
Bad credit may get in the way of getting a second mortgage but it is still possible to get approval even with a less-than-desirable credit score. This is definitely worth a consideration because a second mortgage can be used to improve one’s credit score. A strong application is a must and you mu...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 2
“Making sure each Client Receives the Best Service”     Thank you for the referral Joe.I spoke to each of them. When I mentioned your name, it was like they were willing to drop what they were doing to make sure I was taken care of. I can’t thank you enough, I know I am in good hands as I begin m...

By Danny Papadopoulos, Offering Private & Second Mortgages in Toronto
(Homebase Mortgages)
Comments 0
Trying to manage several debts can be a huge headache more so if you have to deal with debt collectors and are already financially stressed out. It might be best to consolidate your debt to make payments easier to manage as well as get rid of unnecessary stress. More so, debt consolidation can sa...

By Danny Papadopoulos, Offering Private & Second Mortgages in Toronto
(Homebase Mortgages)
Comments 0
Getting out of debt when one has bad credit is one of the most common issues faced by Canadians these days. It may be quite easy to get out of debt if one has good financial records but for those with bad credit, this is a huge challenge to overcome.Is it Smart to Get a Loan to Pay for Debt?Most ...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed down 9 basis points today at 100.22 having remained above resistance offered by the 25 day moving average and closed 27points above it.  The conforming rate is at 5.00% day. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.750%.  ...

By Dan Papadapoulis, Home equity loans, second mortgages Toronto
(Mortgage Central Nationwide)
Comments 0
Getting out of a bad debt is quite a challenge, but to try to do so with a bad credit is even harder to accomplish. A bad debt is a debt that you can’t afford to overlook payments for but the terms of payment are making it near impossible for you to have the debt taken care of. It takes a bit of ...

By Lee Keadle, Keadle Real Estate Group
(Carolina One Real Estate)
Comments 8
Credit scores are a critical component for lenders trying to approve home loan borrowers. Multiple studies by the Federal Home Loan Mortgage Corporation (usually called Freddie Mac) have shown that credit scores are some of the best indicators for a borrower's long term performance. So, what exa...

By Lee Keadle, Keadle Real Estate Group
(Carolina One Real Estate)
Comments 1
Some of the best advice I can give for getting a home loan is to start early. I've included some information in this article to help you get started. Even if your time frame for buying a home is a year away, it's a good idea to talk with a home loan officer and find out if there is anything you ...

By Faye Y. Taylor, Homes for Sale Floresville, La Vernia & San Antoni
(StepStone Realty, LLC )
Comments 2
Trying to get a mortgage when self employed comes with its own set of challenges. Being self employed is a tough enough row to hoe (chiefly because of the many hats you have to wear) without the added burden of trying to convince a lending institution to give you a loan for a house. It’s certainl...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
HIGH RATIO fixed term best discounted rates & posted rates as of November 17, 2018 Terms                           Posted Rates                 Preferred Rates 6 mos                          3.34%                          3.10%1 year                          3.59%                          3.19%2 ...

By Carla Harbert, RE/MAX Omega: Lorain-Medina County Area
(www.LorainCountyHomeSales.com)
Comments 1
In this day and age, credit scores are important, more than ever! What's the fastest way to improve a credit score? 1. Keep your credit usuage LOWER than your actual credit limit.      What does that mean? If you have a charge card that has a $5,000 limit, try to keep your balance under $1,000, d...

By John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852
(Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,)
Comments 38
Can I Switch Mortgage Lenders if an Appraisal is already done?       In a word, YES.  You can.  In an explanation, like so many things in the mortgage world, it's a gray area.  Some lenders won't accept them at all.  Others will require a borrower use a certain loan product if they want to use an...

By Gary Massey, CPA, Atlanta's Small Business CPA
(Massey and Company CPA)
Comments 1
Federal tax liens are one of the most powerful tools that the IRS has when trying to collect a tax debt.  Liens arise automatically by law once a taxpayer owes money and fails to pay it.   If the taxpayer owes more than $10,000 in taxes, the IRS will file a Notice of Federal Tax Lien.   The Notic...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 9
“No Pressure at all!”     Dear Mr. Petrowsky,After your name was given to me three times, I figured I better call you. Each person who referred you knows how nervous I am about the home buying process. The main reason for my nervousness was my parents lost their home a number of years ago. Each p...

By Trent Dalrymple (248) 854-0625, Helping Mortgage Professional's Lend Nationwide!
(Texana Bank)
Comments 0
Our Boca Raton, Florida Branch Manager Michael Alvarez was referred a purchase loan from Sales Associate Ana Moreno at Related ISG International Realty for a buyer who was out-of-state but wanted to move to a warmer climate and be closer to family. Everything went as planned. The closing was on t...

By Stephen Katz, Branch Manager, CMPS
(Katz Mortgage Team, a branch of VanDyk Mortgage Corporation)
Comments 1
The housing market flows just like the seasons. Fall is an amazing season for many different reasons. It’s a chance to fill up on hot pumpkin spice lattes every morning and stay warm and cozy by a fire. Fall may be a great time to buy a house as well.Believe it or not, November is among the great...