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 Fred Griffin presently on Leave of Absence, Licensed Florida Real Estate Broker
(Fred Griffin Real Estate)
Comments 1
    Mortgage Loan Borrowers Top 5 "Hiccups" & Mistakes   "Wish Lists" are a hot topic for kids, no matter the time of the year.  Do you know any kid that doesn't have a list of things they're wishing for at the handy?   Did you know that Loan Officers often have Wish Lists too?  I can tell you t...

By Sally K. & David L. Hanson, WI Realtors - Luxury - Divorce
(EXP Realty 414-525-0563)
Comments 5
Wise words from Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi ....what looks like a tiny issue can become a GREAT BIG ONE !     Mortgage Loan Borrowers Top 5 "Hiccups" & Mistakes   "Wish Lists" are a hot topic for kids, no matter the time of the year.  Do you know any k...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 10
  What Makes You Special When You Buy a Home?  Your Financial DNA Parents often tell their children they're "special".  They're unique.  Like no other person on earth.  I know I told both of my boys that ... still do.It's a pretty heavy message for a child to hear, isn't it?  One based on love ce...

By Bob Elliot, 20+ Yrs Local Industry Experience
(RE/MAX RESULTS)
Comments 1
During its post-meeting statement, the Federal Open Market Committee of the Federal Reserve announced that its target range for the Fed's key interest rate would increase one quarter percent to 2.25 to 2.50 percent. While this rate hike was not expected by the Executive branch, it met analyst exp...

By Brian Skaar, VA, Jumbo, FHA & Conv Direct Lender (760) 752-4480
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Comments 0
  For the Week Ending December 20, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets.   The Fed raised policy rates this week, but lowered the number of expected rate increases for 2019. Mortgage rates were basically unaffected by this rate hike. ...

By Anthony Atkins
Comments 2
Dealing with debt is incredibly stressful and can be caused by many different life events including rebuilding credit. It’s even more stressful to deal with debt collectors, especially when they are relentless in their pursuit of your debt. One collection company that is notorious for this type o...

By Theresa Harden, PB SFR e-Pro Realtor
(EXIT Real Estate Associates)
Comments 1
Mortgage Bankers Association December 2018 Rate ForecastThe December 2018 Mortgage Bankers Association rate forecast for the 30 year fixed rate mortgage has us ending with a slightly lower forecasted rate for this final quarter of 2018 than previously forecasted. Even the quarterly forecasted rat...

By Eleanor Thorne, Equity Resources 919-649-5058
(Equity Resources)
Comments 7
Many home buyers in NC are trying to figure out just how much cash they are going to need to buy a house.  Two years ago, it wasn’t as big a question, because you could use no down payment programs (literally not needing any money for a down payment) and then you could get the Seller to pay closi...

By Peter Mohylsky, Bucket List, Do you have a bucket list in the works?
(Gulf Place @ 30A)
Comments 1
I still don't think a pre-qual letter is worth much except as an proof of faith that the buyer is serious about possibly purchasing a property.  My favorite lender agrees and won't generate a letter unless the buyer lets them pull credit reports on them.  so.....Assuming all this happens, what ha...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 2
32514 Pensacola Florida News: FHFA increases max loan rates for 2019 The fed agency that creates conventional loan limits for Fannie Mae and Freddie Mac will raise max amounts 6.9% – to $484,350 for most single-family 2019 loans. Read more. Call or Text Charles Stallions Now 850-476-4494 for any ...

By Bob Elliot, 20+ Yrs Local Industry Experience
(RE/MAX RESULTS)
Comments 1
Last week's economic news included readings from the National Association of Home Builders, Commerce Department readings on housing starts and National Association of Realtors® report on sales of previously-owned homes. Weekly reports on mortgage rates and first-time jobless claims were also rele...

By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
Comments 1
Selling commercial properties with only 3.5% down payment.Realtors specializing in Commercial Properties... LISTEN UP!Stop telling everyone to stay away from the FHA 203k, stop saying it takes forever to close one... We just had a lender close her first 203k in less than 30 days... if it is so ha...

By Roy Kelley
(Realty Group Referrals)
Comments 17
Fannie Mae and Freddie Mac to drop mortgage down payments to 3%   Fannie Mae and Freddie Mac have announced that the down payments for conventional mortgage financing will be reduced from the current level of 5% to a new lower level at 3%. The intention of this change is to make it easier for you...

By Joseph Domino 480-390-6011, Real Estate Made Easy
(HomeSmart)
Comments 0
Gene Mundt is always right on target with his advice for borrowers. Agents run into these situations often, then it is last minute effort to save the deal. The easiest way to avoid closing delays is to be in touch with your lender from application to closing.     Mortgage Loan Borrowers Top 5 "Hi...

By Brian Skaar, VA, Jumbo, FHA & Conv Direct Lender (760) 752-4480
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Comments 0
  For the Week Ending December 14, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets.   The Fed's plans to continue raising policy rates next year may be on hold. However, a policy rate hike at next week's FOMC meeting is still likely. The core co...

By Sussie Sutton, UTR TEXAS Realtors - Rep for buyers and sellers.
(UTR Texas Realtors)
Comments 5
My Active Rain sister, Lisa Von Domeck, recently posted about how to maintain your credit score which is most critical when buying a home or other large purchase. Take time to read it and take heed of what she has to say. Financing and Your Credit Score Credit is an important component in helping...

By Barbara S. Duncan, GRI, e-PRO, Executive Broker, Searcy AR
(RE/MAX Advantage)
Comments 7
My three cents.  Wonder what the refund would be worth now?  And I wonder if I can still get the three cents?  I looked for a date and found none but this refund has to be old because Montgomery Ward & Co. has not been around in a long, long time.  If I lived close enough to the banks listed perh...

By Bob Elliot, 20+ Yrs Local Industry Experience
(RE/MAX RESULTS)
Comments 1
Forbes and other reputable publications have predicted a continued rise in interest rates over 2019. The initial shock of the Fed's action caused a slowdown in real estate markets over the final part of 2018. As the shock wears off, experts are divided as to whether more expensive money will cont...

By Danny Papadopoulos, Offering Private & Second Mortgages in Toronto
(Homebase Mortgages)
Comments 0
Do you know that at present time, there are more credit cards than there are people in Canada? TransUnion’s study says that 43 million credit cards are active in Canada and we only have a population of about 35 million. This means that the majority of people have credit card debt and multiple cre...

By Charles Stallions, 800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Comments 1
32514 Pensacola Florida News: The top 8 mortgage lenders?Wells Fargo re-entered the No. 1 spot for total lending volume in 2017, according to an iEmergent analysis, with Quicken Loans now at No. 2. Read more.  Call or Text Charles Stallions Now 850-476-4494 for any of you real estate related ques...