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 Karen Fiddler, Broker/Realtor, Laguna Beach & Lake Arrowhead, CA (949)510-2395
(HOM Sotheby's Intl Realty, 949-510-2395)
Comments 57
Chase Bank and The Widow: A Success Story   I occasionally go to dinner with a few other widows in my area. I am not a regular attender as for me it's best to move on from these kinds of labels and limitations. I have become good friends with one of the ladies in the group. We share a simila...
By Robert (Bob) Gilbert, Your Katy TX Real Estate Expert
(Berkshire Hathaway HomeServices Anderson Properties)
Comments 1
Home Equity Refinancing Tip in USA Weekend     Picture taken by and copyrighted by Bob Gilbert with all rights reserved. New home in Old Town Katy. I found this interesting article on USA Weekend written by Robert Powell. The question asked is whether a homeowner should refinance their Home Equit...
By David Shamansky, Creative, Aggresive & 560 FICO - OK, Colorado Mtgs
(US Mortgages - David Shamansky)
Comments 4
On top of the commonly known items not paying your bills costs you , like higher rates, late fees, potential for filing fees and court costs (if it goes that far) potential for not being able to get a loan, difficulty even getting an apartment one of the lesser known costs comes at time of clean ...
By Bill Burchard, Broker, Realtor - Murrieta Homes For Sale, Califor
(3B Realty: 951-347-3818, CA)
Comments 1
Fixed Mortgage Rates Avg. 4.13% (30-Yr), 3.26% (15-Yr) for Week Ending 7/24/2014. 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 John Meussner, Making Mortgages Easy Costa Mesa, CA 484-680-4852
(Total Mortgage Services, Conventional Loans, FHA, 203(k), USDA, VA, Jumbo loans)
Comments 1
Newtown Square, PA Mortgage            Newtown Square, PA is a suburb of Philadelphia located in Delaware county, considered by most people to be a part of the Main Line.  Less than 15 miles from Philadelphia, Newtown Square maintains a small town "main street" feel.  There are many sm...
By Shannon Milligan, Richmond VA Real Estate Agent, RVA Home Team - Winning with Integrity.
(RVA Home Team with Jefferson Properties)
Comments 45
Buying a Home While Self Employed This year my husband and I decided to purchase another investment property. If you have been reading my blog, you know we have purchased 8 properties over the last 14 years. In most of those cases the mortgage has gone into my husband's name simply because I ...
By Mark Taylor Mortgages, 602-361-0707 #MarkTaylor #Awesomerates NMLS#207897
(and for 1st Time Buyers, Move Up Buyers & Investors )
Comments 3
Missed A Mortgage Payment, Now What?     Most people don’t know whether or not a single missed mortgage payment can have serious consequences for their credit score. The good news is that there are things that can be done to mitigate the damage and help anyone who has missed a payment repair thei...
By Gene Mundt, Mortgage Lender - Chicago/Chicagoland Mortgages
Comments 19
The ABC's of DTI's  (Debt-to-Income Ratios)          Definition of Debt-to-Income Ratio:   The figure that represents how much of your income is spent repaying your recurring monthly debts.  The HIGHER your Debt-to-Income Ratio is, the more of your monthly income is being devoted to payi...
By David Shamansky, Creative, Aggresive & 560 FICO - OK, Colorado Mtgs
(US Mortgages - David Shamansky)
Comments 7
OK this post is inspired because a good AR friend of mine (Roger Mucci) wrote a post about difficulty with a budget matching paydays, so here you go. I don't run into this often but when I have I have made this suggestion to those who have truly appreciated the tip. So let me set the stage......
By Conrad Allen, Webster, Ma, Realtor
(Re/Max Professional Associates)
Comments 13
That is a great question.  I suppose interest rates could go lower but not enough to make a huge difference on your payments.  When your interest rate is fixed your principal and interest payment does not change over the life of the loan.  The cap is usually 5% on these variable loans.  So if you...
By Rob Spinosa, Marin Mortgage Broker
(RPM Mortgage, Marin County, CA)
Comments 0
Surviving the Short Sale Seasoning Status Shift   All alluring alliteration aside, I wanted to get serious (there I go again...) about the recent changes to the waiting periods that are required when a buyer attempts to re-enter the mortgage market.  "How long do I have to wait after a short...
By Donald Horne, Associate Broker, Oxford / Lapeer Homes
(Coldwell Banker-Shooltz Realty)
Comments 0
Mortgage rates down slightly this week, RealtorMag shares this information from their story dated 07/18/2014 in which they quote Freddie Mac... National averages on fixed-rate mortgages inched down this week, keeping borrowing costs near historic lows, Freddie Mac reports in its weekly mortgage m...
By John Elwell
(CENTURY 21 Bill Nye Realty, Inc.)
Comments 0
Today, 7/24/2014,  Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.13% unchanged from 4.13% last week. The average interest rate for 15 year fixed-rate mortgages was 3.26%, up a little from 3.23% last week. A year ago the 30 year rate was 4.31%. ...
By Donald Horne, Associate Broker, Oxford / Lapeer Homes
(Coldwell Banker-Shooltz Realty)
Comments 1
Interest rates may rise sooner than expected, according to the Federal Reserve this will hinge on the labor market, new article in the RealtorMag dated 07/16/2014 quoted Janet Yellen...... Federal Reserve Chairwoman Janet Yellen said that the Fed may need to raise interest rates sooner than expec...
By Bruce Brown, Senior Loan Officer/CMPS
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.     Below is the daily mortgage market and interes...
By Gene Mundt, Mortgage Lender - Chicago/Chicagoland Mortgages
Comments 59
  What are the Requirements to Qualify for a Home Loan Today?          Frequently I hear the question ...       "What are the requirements to qualify for a home loan today"?       To answer that, I'm first going to list what are considered as foundation requirements for current mort...
By TIM GARTON, "Highly Skilled Pro"
(RE/MAX Gold)
Comments 0
Hello Everyone,   Earlier this week, Gov. Jerry Brown signed AB 1393 (Perea), which extends tax relief on forgiveness of mortgage debt by conforming California law to federal law for the 2013 tax year.  C.A.R. supported the bill so that homeowners will not be charged state income tax when they’ve...
By Randi Brammer, Accountant & Tax Preparer
(Randi Brammer, Acctg.)
Comments 3
Those of you who filed for an extension of this years returns...the time is near. You have about 3 weeks to get filed and calanders are starting to fill up. Step one is to call your tax preparer and set up an appointment.  That gives you a deadline. If you wait and do it tomorrow...Well, tomorrow...
By Sheila Moylan, Working To Get Value For Your Money
(C21 - Commonwealth)
Comments 0
Ways You Can Leverage Your Home To Reduce Your Tax Burden For Next Year   Each year around April, we can find ourselves becoming a little more tense at the thought of what is about to occur: tax time. Instead of falling into the trap of procrastinating your taxes, however, it's much more bene...
By Dee Toohey, Broker, ABR, AHWD, CIPS, FMS, ePro
(Innovative Realty Solutions Group)
Comments 2
New lending guidelines are coming in a few weeks.  If you are on the fence, they may affect you if you had a short sale or foreclosure.  Now is the time to get preapproved and get under contract if more than 2 years has passed.  If you have questions, just give me a call!  I'll be glad to con...