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 David Shamansky, Creative, Aggresive & 560 FICO - OK, Colorado Mtgs
(US Mortgages - David Shamansky)
Comments 73
  So you just got your mortgage and saved some money or moved into your new home, CONGRATULATIONS! What typically happens in the next 1-2 months? A letter arrives talking about Bi-Weekly payments and how you can get out of debt and save tens of thousands in interest and payments by utilizing this...
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373)
Comments 41
 Pull your Credit Report - Make Sure it is Accurate     I don't think it is the right timing to buy a home, I think we have a low credit score. Why miss out on interest rates remaining below 5% --- pull your own credit through www.annualcreditreport.com and see where you are at.     This is a...
By John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, FHA, 203(k), USDA, VA, Jumbo loans)
Comments 19
Fannie Mae Guideline Changes - Seasoning on Mortgage in Bankruptcy            In a rare event of loosening guidelines, Fannie Mae has issued guidance on changes that will have a positive impact on people who have had a mortgage included in a bankruptcy.           In the past, if a mortgage was in...
By Darren Copeland, Darren Copeland
(Leader One Financial)
Comments 1
We're always trying to keep an eye on the housing market and wanted to let you know that we heard that homeownership for first time home buyers is at a 19 year low! Today's rising prices and difficult credit requirements kept many first-time buyers out of the property market, but that doe...
By Karen Fiddler, Broker/Realtor, Laguna Beach & Lake Arrowhead, CA (949)510-2395
(HOM Sotheby's Intl Realty, 949-510-2395)
Comments 6
The past few years many home owners found themselves in the position of selling their home as a Short Sale. Regardless of whether it was caused by a job loss, personal problem or negative equity, the decision to do a Short Sale was a hard one. But for many it was also a good step towards financi...
By Bill McDonald, VA, USDA, FHA Government Loans - 866-435-6553
(Van Dyk Mortgage )
Comments 0
FHA Loans in Nashville TN Nashville TN is one of the fastest growing cities and has one of the better economies in the entire United States of America.  As a result many people are moving to the area and buying homes.  While many of those people qualify for and utilize a conventional loan for the...
By Ritu Desai, Northern Virginia Realtor - Fairfax/Loudoun/PW - 7
(Samson Properties)
Comments 3
We have seen many changes in past 3+ years for mortgage borrowers. Finally Northern Virginia home buyers there is positive change in the requirement after foreclosure or bankruptcy.  I have already worked with home buyers who went through a short sale due to circumstances beyond their control now...
By Valorie L. Ford, Valorie Ford & Co, Charlottesville/Albemarle Real
(Keller Williams Realty)
Comments 1
Contrary to popular belief there is no “quick fix” to repair bad credit. In reality it takes a considerable amount of time to establish a poor credit history and it will also take time to improve your rating with the 3 major credit agencies. Why is this? Your credit rating is not simply a matter...
By Evelyn Bruder, CRS, GRI, ABR, E-PRO
(Steinborn & Associates Real Estate)
Comments 0
In part 1 of this blog, “Refinancing Your Home Mortgage and Why You Should Do It Now!”, we mentioned that with today’s very low interest rates, around 4%, almost everyone with a higher rate mortgage will save money by refinancing. We also noted that not only would you save money but you will bui...
By Nevin Williams, Raleigh Mortgage Pro
(Sierra Pacific Mortgage Raleigh)
Comments 1
The Stock market and the bond market both were weaker this morning.  Yesterday investors sold bonds after a short run up and took profits.  Some are speculating that inflation is more of a problem than the Fed is willing to admit and that has some investors worried.  Inflation can cause rates to ...
By Mark Taylor Mortgages, 602-361-0707 #MarkTaylor #Awesomerates NMLS#207897
(and for 1st Time Buyers, Move Up Buyers & Investors )
Comments 3
A Few Great Reasons to Give the 15 Year Mortgage Another Look     A 15-year fixed mortgage is, as its name suggests, a mortgage that’s paid off after 15 years. Since it amortizes fully, after that amount of time you won’t have to pay anything else. This type of mortgage has a lot of benefits, and...
By John Elwell
(CENTURY 21 Bill Nye Realty, Inc.)
Comments 0
Today, 7/31/2014,  Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.12% down a tad from 4.13% last week. The average interest rate for 15 year fixed-rate mortgages was 3.23%, down a little from 3.26% last week. A year ago the 30 year rate was 4.39...
By Bruce Brown, Senior Loan Officer/CMPS
(PrimeLending)
Comments 0
Below is the daily mortgage market and interest rate commentary from Bruce Brown, CMPS with Prime Lending and radio host of Dollars and Homes on KCMO Talk Radio 710. To view my daily blog please visit my website at www.dollarsandhomes.com/blog.  
By Bill Burchard, Broker, Realtor - Murrieta Homes For Sale, Califor
(3B Realty: 951-347-3818, CA)
Comments 0
Fixed Mortgage Rates Avg. 4.12% (30-Yr), 3.23% (15-Yr) for Week Ending 7/31/2014. Just follow the link to view the latest Weekly Mortgage Rate Averages. Every week I report the latest mortgage rate averages as determined by Freddie Mac. I post the latest national averages, as well as the local av...
By David Shamansky, Creative, Aggresive & 560 FICO - OK, Colorado Mtgs
(US Mortgages - David Shamansky)
Comments 2
Well as I gave notice to many that there was going to be some volatility this week with a "manipulated" set of data (or at least its interpretation) and with consumer confidence ticking up and a feeling of an improving economy mtg backed securities took a hit over the last two days. Com...
By Rick Cignoli, Sr. Mortgage Officer
(Norcom Mortgage)
Comments 0
  Effective August 1, I will be joining Norcom Mortgage, the #1 privately held purchase money lender in CT!Same professional Courtesy, Competency and Concern plus the resources and flexibility to bring an increased dimension of Service to my mortgage business. Purchase or Refinance … I am still b...
A short sale in real estate occurs when the outstanding loans and liens against a property are greater than the proceeds from the sale of the home after all closing costs are paid. This occurs only when a homeowner meets the qualifications, and the homeowner’s lenders agree to allow a short sale....
By PrimeLending, A PlainsCapital Company
Comments 1
You’ve probably heard about all the data breaches that seem to be happening more often. To help you better understand breaches and what you can do if it happens to you, PrimeLending has teamed up with LifeLock® to bring you important information on identity theft protection.   LifeLock recommends...
By Andrew Sherant, Realtor of the Google age, like an app but better!
Comments 0
When people talk about a real estate purchase, they sometimes use the terms “signing” and “closing” interchangeably in reference to the event when the buyers sign documents with Escrow. However, there are several events that take place between the buyer’s signing appointment and the actual closin...
By Andrew Sherant, Realtor of the Google age, like an app but better!
Comments 0
Whether you are buying or selling a property, you probably have a set price in mind. Unfortunately, your idea of a good price will most likely not be the same as what a lender considers a good price. That’s why a lender will always need an objective assessment of the home’s value, an assessment t...