Lending / Financial

Buying real estate is even more challenging for those of us whose eyes glaze over at the mere mention of decimals, percentages or anything else that even hints of mathematics.


The financial aspect of purchasing the largest investment of your lifetime, though, is the most important. Nobody wants to lose money. Nobody wants to leave money on the table.


If you're in the market for information on mortgages, credit scores and interest rates, you've come to the right place. The financial and mortgage pros here at ActiveRain even tell you how to shop for and compare lenders, how to raise your credit score, how to get a mortgage after a short sale or foreclosure and how to get pre-approved for a mortgage loan. Even Mom and Dad can't give the great advice you'll find here at ActiveRain.


Plan to spend some time here because ActiveRain's content library is massive. Lucky for you we've arranged it so that it's über user-friendly. You'll be amazed at how easy it is to put your finger on just the information you're looking for without having to surf a million other pages.

Trending blogs on Lending / Financial

 
By The Friendly Home Team, Brokers - Oregon / SW Washington Real Estate
(Realty Pro Oregon, LLC)
Comments 0
Now you own a home and all the benefits that come along with it. One of those benefits is the mortgage tax deduction on your state and federal taxes. Every dime you pay in interest on you mortgage is a deduction off your gross income on your taxes and can mean a tax savings of thousands of dollar...
By Paula Bradfield, Your Salida Colorado and Down Valley Realtor
(Keller Williams Performance)
Comments 2
A Good Lender Can Close a Loan in 30 daysInman news posted this article written by Tony Davis, a Senior Loan Officer in Atlanta GA. After having difficulty with a lender in getting a loan closed and holding my 85-year-old clients up from moving to Denver to be with family, with all their belongin...
By JOE RYSTROM & TEAM, Real Estate Professionals
Comments 2
From the word "mortgage" to the methods used by lenders to determine how much to loan, the home loan process can be confusing to first timers. In fact, one third of the respondents to a 2011 Wall Street Journal survey of homebuyers said that the most difficult part of buying a home was understand...
By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
Comments 1
Gene Mundt, shared this wonderful classic post that can be used many times over. The array of details and data will surely benefit you and your present or future clients. It is detailed and right to the point. It should also help with any gray areas, to give you an upper hand with this competitiv...
By JOE RYSTROM & TEAM, Real Estate Professionals
Comments 3
Here's a clever real estate dictum for you: Don't buy the best house in a bad neighborhood; buy the worst house in a good neighborhood.There are several reasons for this rule, but the main one has to do with property values, which are determined in large part by the surrounding homes. If you buy ...
By Aurora Pucciarello, Real Estate "Lifestyle" Consultant
(Neighborhood Home Link)
Comments 1
How to Buy a Home with Low and No Down-Payment OptionsDreaming of a new home but think you can’t afford it?  Think again!  Check out this video and discover how to buy a home with low and no down payment options.Low and No Down-Payment Loan ProgramsThe Neighborhood Home Link Real Estate Team has ...
By JOE RYSTROM & TEAM, Real Estate Professionals
Comments 0
Does the FICO Score penalize for rate shopping?FICO scoring models use specialized logic that accounts for rate shopping for student, auto and mortgage loans. In general, student loan, auto and mortgage-related inquiries that occur 30 days prior to scoring have no effect at all on the FICO Score....
By JOE RYSTROM & TEAM, Real Estate Professionals
Comments 0
Getting Ready to Apply for a Loan? Your credit score is just one of the factors your mortgage lender will use to determine whether you qualify for financing. The problem is, every lender uses different methods to determine your credit worthiness. So, in some cases, a minimum score is difficult t...
By JOE RYSTROM & TEAM, Real Estate Professionals
Comments 3
Credit Report Fraud Alerts and Security Freezes Protecting your credit should be near and dear to your heart for homebuyers, and all other consumers, unless you plan to live off the grid. Below are resources to help protect yourself and your credit, and contact information if your identity or cre...
By The Friendly Home Team, Brokers - Oregon / SW Washington Real Estate
(Realty Pro Oregon, LLC)
Comments 0
So you are thinking of selling you home and you are worried about the tax implications. Well worry no more! The current tax law for the sale of your primary residence, after May 6, 1997, states that you can have up to $500,000 in capital gains for a married couple and $250,000 for a single person...
By The Friendly Home Team, Brokers - Oregon / SW Washington Real Estate
(Realty Pro Oregon, LLC)
Comments 0
More and more people are making good money in the world of technology, but don't have any credit history. They make enough money that they buy everything with cash, thinking that by buying their cars and other items in cash would make it easier to get through life. Now, they want to own a home an...
By Valorie L. Ford, Valorie Ford & Co, Charlottesville/Albemarle Real
(Keller Williams Realty)
Comments 80
 VA loans are the most misunderstood mortgage program in America. Industry professionals and consumers often receive incorrect data when they inquire about them. In fact, misconceptions about the government guaranteed home loan program are so prevalent that a recent VA survey found that approxima...
By Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com, 708.921.6331 - 37 yrs experience
(NMLS #216987)
Comments 58
    Banking and Account Fees:  Why They Must Be Important to Millennials            Banks, many of which are trying to re-coup profits lost from low interest rates, mortgage lending, and the cost of doing business, have been raising the fees on many of their services ...          Those service fe...
By The Friendly Home Team, Brokers - Oregon / SW Washington Real Estate
(Realty Pro Oregon, LLC)
Comments 2
A lot of insurance companies have their renewal time at the beginning quarter of the year. As the bill gets bigger and bigger each year, you are wondering what to do to lower it.Here are just a few suggestions:Most people insure their home for the cost to buy a new home. When deciding how much to...
By Pamela Seley, REALTOR®, CA BRE #01824145 Real Estate - Call 951.491.4063
(West Coast Realty Division)
Comments 111
These days it seems a day doesn't go by I hear someone has been defrauded. Patricia Feager, MBA, GRI, Cert Negotiations Expert, Military Relo Prof wrote an article about scammers targeting seniors, one of the most targeted group of Americans -- but anyone at any age can be scammed. I was involved...
By Spirit Messingham, Third Generation Full-Time Realtor® 520 471-6900
(Tierra Antigua Realty)
Comments 2
Mortgage bond prices finished the week higher which pushed mortgage rates slightly lower. Trading was volatile amid mixed data. Consumer confidence and ADP payrolls data were better than expected which pressured rates. Consumer confidence printed at 101.4 versus the expected 97.5. ADP payrolls ro...
By Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com, 708.921.6331 - 37 yrs experience
(NMLS #216987)
Comments 11
     If YOU are a Renter, but Don't Want to Be ...       Day after day, messages via social media and news media constantly show-up regarding the Rent VS Buy debate ...     An article I ran across in Forbes today is a prime example.  It offered some rather startling facts regarding the current co...
By John Elwell
(CENTURY 21 Bill Nye Realty, Inc.)
Comments 0
Yesterday, 7/2/2015, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.08% up from 4.02% last week. The average interest rate for 15 year fixed-rate mortgages was 3.24%. up from 3.21% last week. A year ago the average rate for a 30 year fixed-rate ...
By Valorie L. Ford, Valorie Ford & Co, Charlottesville/Albemarle Real
(Keller Williams Realty)
Comments 1
 Some Important Points To Consider: The latest Freddie Mac Primary Mortgage Market Survey reports the 30-year fixed rate at 3.7%. Freddie Mac's projection for Q2 2016 is that the rate will be 4.7% (a full percentage point higher) The Home Price Expectation Survey predicts that home prices will ap...
By Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com, 708.921.6331 - 37 yrs experience
(NMLS #216987)
Comments 84
 FHA, VA, and Conventional Loans ...The Waiting Periods       There is a phenomenon at play in the American Home Buying marketplace currently.  Former homeowners that suffered financial catastrophe during the housing crisis (often referred to as "Boomerang Buyers") are asking ...            "How ...