In an earlier post, I wrote about why it is in the best interest of home sellers and buyers to work with a full-time Realtor who is focused on real estate only; not “double-dipping” by acting as a dual duty real estate agent and mortgage loan broker. However, as a Realtor, I understand the importance of knowing what is happening with mortgage interest rates and keeping current with the latest mortgage news, loan products and trends. After all, mortgage loans are an integral part of completing most real estate transactions.
Since I am not a mortgage expert, I look to those who are to keep me abreast of their industry. I thought I would share some of the exceptional mortgage blogs that I subscribe to for expert advice.
Rhonda Porter, of The Mortgage Porter blog and also a contributor to the Rain City Guide Real Estate blog, recently wrote a very informative post on preserving your credit standings when going through a divorce or separation. Another relevant post of Rhonda’s addresses mortgage loan options for writing a contingent offer on a home; a way to purchase another home prior to selling your existing home without the risk of paying two mortgages. You’ll find these posts and much, much more on Rhonda’s blog.
A current phenomenon that many homeowners are experiencing is adjustable rate mortgages (ARMs) going up. Morgan Brown of Blown Mortgage blog has strong advice for what steps you can take now and options that are available to those in this situation. Morgan’s blog covers a wide array of industry news including: Wall Street, the Economy and Consumer Mortgage Tips. He also writes about why he hates the mortgage industry. Fun stuff!
Both Rhonda and Morgan have been blogging for quite some time. In this handoff from Realtor to Mortgage Lender, you’ll be in good hands in the company of their blog posts and mortgage industry musings!