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 Jeff Sipes, Blue Water Credit
(Blue Water Credit)
Comments 1
30 in 30; how to boost your credit score 30-points within 30 days. 09/16/2014 0 Comments   Your credit score is all-important these days, and that's never more true than when a consumer is 30 days out from applying for a big loan like a mortgage or a car loan, obtaining some types of insurance, ...

By Jeff Sipes, Blue Water Credit
(Blue Water Credit)
Comments 2
ents  When it comes to men and women, which sex can claim top honors for their credit scores? A recent study by the credit bureau Experian revealed some interesting differences about men and women when it comes to managing their credit and knowledge about how scores and reporting work, and it may...

By Stella Barbour, Principal Broker, Serving Virginia and Maryland
(NoVa Brokers LLC)
Comments 8
I was just speaking to a friend of mine who just had her mortgage loan switched from Wells Fargo Home Morgage to Specialized Loan Servicing.  Her loan was one that wasn't supposed to be sold and after all of the years gone by they sold it.  She looked up the reviews and there are so many recent c...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 1
Mortgage backed securities (MBS) closed flat today at 102.66 having closed 238 points above support offered by the 200 day moving average. The conforming rate is at 3.875% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.00%. Whether in New England, the Mid Atlan...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 2
“Construction Loans can be a Problem”    Dr. Mr. PetrowskyYour name was given to me by Mark XXXXXXX who is currently building our home. He has been telling me for weeks that I should contact you. We have been having trouble with my bank every time Mark needs a draw. It seems each time what we are...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 0
32514 Pensacola Florida News: New Law Removes Cap Limits on VA Loans President Trump signed a bill Tuesday that, among other things, expands VA loans for veterans. VA loans have helped raise the veteran ownership rate to 75%. Read more Call or Text Charles Stallions Now 850-476-4494 for any of yo...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: Today, we get the Big Jobs Data from the Bureau of Labor Statistics (BLS). The Non-Farm Payroll reported 164k new jobs in July; however, there was a revision of -41k to the last 2 months of reports. Also, the Unemployment Rate remained the same (3.7%) due to an ...

By Joe Resendiz, Jr. Research Analyst
(ValuePenguin)
Comments 1
What Do Lenders Look For in Home Equity Applications?If you're facing financial strain in your life, a home equity loan might be the answer to your credit issues. Not only does settling your high-interest debt with a low rate home equity loan cut down on your liability, but it diversifies your cr...

By Joe Resendiz, Jr. Research Analyst
(ValuePenguin)
Comments 1
Having bad credit makes obtaining a mortgage loan more difficult. Conventional mortgage terms are often out-of-reach for borrowers who lack sufficient credit history. In these cases, government-sponsored loans from the Federal Housing Administration (FHA) and Department of Veterans Affairs (VA) c...

By Joe Resendiz, Jr. Research Analyst
(ValuePenguin)
Comments 0
Meeting unexpected costs during retirement can be difficult if you don't have much income coming your way. Oftentimes social security and savings may not be enough to meet an emergency expense, and many retirees don't bring in enough in monthly income to afford a home equity loan. In these cases,...

By Joe Resendiz, Jr. Research Analyst
(ValuePenguin)
Comments 0
Massachusetts homeowners are starting to encounter crumbling foundations, an issue that more than 35,000 Connecticut homeowners know all too well. The problem stems from using a mineral called pyrrhotite, which causes concrete to corrode and crack over time. This type of foundation issue isn't ty...

By Joe Resendiz, Jr. Research Analyst
(ValuePenguin)
Comments 3
Can You Pay Your Mortgage With a Credit Card?A lot of enterprising individuals today are guilty of being "churners" when it comes to maxing out credit card rewards (myself included). If you're adamant about eeking out every extra penny in rewards, then you've probably thought about paying your mo...

By Steve Shapiro, Tax Professional helping taxpayers
(Arch Tax Resolution)
Comments 0
I represent taxpayers in the greater St. Louis area and the State of Missouri. A long standing client of mine had to file bankrupcy as a result of his business failing and the home was entangled in the bankrupcy estate.A buyer almost walked away from the purchase of there dream home as a result o...

By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 8
“Will He Accept?” A husband and wife are at the breakfast table. The wife looks up from her newspaper and asks the husband, "If I won the lottery, what would you do?"The husband quickly replies, "I'd take half the money and leave you in a New York minute!"The wife frowns and asks, "Really?" Husba...

By Mike Bjork
(CMG Financial)
Comments 0
http://MikesDailyMarketReport.com: Initial Jobless Claims rose to 215k last week -still a very low number. Remember, we have the BLS' Jobs data tomorrow! ISM Manufacturing Index dipped from 51.7% to 51.2% in July. Anything above 50% is considered in expansion territory on this index. Construction...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
Mortgage backed securities (MBS) closed up 25 basis points today at 102.62 having closed 237 points above support offered by the 200 day moving average. The conforming rate is at 3.875% today. My jumbo pricing is now sizzling! The 30 year jumbo for $1 million was at 4.00%. Whether in New England,...

By Jeff Jensen
(The Federal Savings Bank/Lending in 50 states)
Comments 0
The Federal Reserve cut the benchmark short-term Fed Funds Rate (FFR) yesterday by 0.25% for the first decrease in that rate since December 2008. The move did not come as a surprise though the Fed signaled that there may just be one more rate cut in 2019, down from three cuts that were expected b...

By Jordon Wheeler, J W Group Real Estate Sales and Service
(The Jordon Wheeler Group)
Comments 8
HOA Closing Letters - Process Change in Georgia I have been in the business of real estate for over a decade, and for as long as I can remember, the process for obtaining an HOA letter in connection with a closing has been The seller provides the HOA contact information to the closing attorney. T...

By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Comments 0
Conventional 30 year Mortgage: 3.625%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.765%FHA 30 year: 3.5% Credit Score:740LTV:96.5%loan amount:$300kAPR: 4.4%Conventional 15 year: 3.0%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.245% Rates are Subject to ChangeCall me today if you are thinking o...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 2
 Here is this weeks economic calendar. So far it has been a pretty flat week for mortgages, but there is a lot of data coming out this week that can swing rates.  Tuesday's income, spending and confidence numbers always have a chance of moving the market, and at the end of the week we have the em...