Admin

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.

Recent blogs on Lending / Financial
By Charles Stallions, 850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
By Charles Stallions, Trusted Real Estate Broker Since 1995When choosing a mortgage, one of the biggest decisions you'll face is whether to go with a fixed-rate mortgage (FRM) or an adjustable-rate mortgage (ARM). While fixed rates offer long-term stability, ARMs can deliver short-term financial advantages, especially if you don’t plan to stay in the home for decades.Let’s take a closer look at the risks and benefits of ARMs to help you decide what makes the most sense for your goals.Understanding the Risks of an ARMFixed-rate mortgages are preferred by many because the interest rate remains unchanged over time, offering predictability and protection from rising market rates.ARMs, on the other hand, can adjust to market fluctuations. After an initial fixed-rate period, the interest rate...
Comments 4
By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
Getting Lower this week. Mortgage Rates that is decline to 6.85% nationally. Should you buy a home now or try and time the market and buy later if mortgage rates come down further? This is always a difficult decision especially when life is drawing you to buy a home. (Image: Freddie Mac Mortgage Rate Weekly Survey)Mortgage rates continue to tick down. How LOW CAN THEY GO?How Low Can They Go? Mortgage rates that is (Photo: Stocksnap, Pixabay)There may be a window of opportunity to own a home in the Phoenix Arizona metro now with home prices having declined somewhat while mortgage rates continue to "tick down" to 6.85% (good credit). Remember, you can marry the home of your dreams but only have to date the mortgage rate. One can date the rate by refinancing later when rates decrease. Over...
Comments 5
By Charles Stallions, 850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Let’s face it. The fun part of buying a home is looking through all the homes for sale to uncover your special gem. Not so fast, though. Without a bit of prep work, you could set yourself up for unpleasant surprises. After all, if you skip getting a mortgage preapproval before starting your search, you may fall for a home that a lender says you can’t afford.That’s why Todd Luong, a real estate pro with RE/MAX DFW Associates in Frisco, Texas, encourages his clients to get preapproved before shopping for homes. “It helps determine what a buyer can afford,” Luong says. “Getting preapproved provides a clear estimate of a buyer’s potential monthly payments. That allows them to focus on properties in their price range and avoid wasting time on homes that can exceed their financial limits.” Pl...
Comments 2
By Eleanor Thorne, Advantage Lending 919-649-5058
(Equity Resources)
USDA Home Loans Wilmington NC with no down payment, it’s a Big Coastal Advantage! If you’re house hunting near the North Carolina coast, you might be surprised to learn how much buying power you have—especially with USDA Home Loans in Wilmington  NC, and the “suburbs” including Ogden, Leland and Rocky Point. These no-money-down mortgage programs are one of the best-kept secrets for first time home buyers looking to stretch their budget and minimize out-of-pocket costs at closing. Best of all?!  You don’t have to be a First Time Home Buyer to qualify for the program!  You just can’t own another home, at the time of closing. What Makes USDA Home Loans So Special? USDA Home Loans are backed by the U.S. Department of Agriculture, and they’re designed to help more families buy homes in eligi...
Comments 7
By Bob Elliot, 30Yrs Experience
(RES Realty)
he PCE Index release—the Federal Reserve’s preferred inflation indicator—has shown favorable results. However, the overwhelming sentiment remains one of uncertainty due to the ongoing trade wars. With these conflicts still in full swing, inflation is expected to rise in the near future at a faster-than-anticipated pace. Following the recent trade truce with China, consumer sentiment has improved, though the long-term impact remains uncertain. As expected, consumer spending has declined noticeably, as the tariffs have led to short-term price increases.PCE IndexThe cost of living barely rose in April — and the rate of inflation slowed even closer to prepandemic levels — but it’s unclear whether the recent progress can be sustained as the trade wars drag on. The back-to-back monthly inflat...
Comments 1
By Charles Stallions, 850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Search MLS  For Your Next HomeWhat IS My Home Worth? How Much Home Do I Qualify For  The C-Note: Your Quick Guide to All Things Real EstateWelcome to The C-Note, the go-to source for everything real estate in Pensacola, Pace, and Gulf Breeze, Florida. Whether you’re buying, selling, investing, or managing rental properties, we’ve got you covered. With Charles Stallions as your trusted real estate broker, you’ll find expert advice and actionable insights to help you make confident decisions.Have a question about the local area, from top dining spots to job opportunities or real estate guidance? Call or text Charles at 850-476-4494, or email charles@charlesstallions.com—it’s who we “R.”Mortgage 101: Simplifying the ProcessAre you considering financing, refinancing, or just navigating the ...
Comments 1
By Rodney Mason, VP of Mtg Lending, AL,AR,AZ,CA,CO,FL,GA,IN,MI,MS,NC,NV,SC,TN,TX,VA,WA
(Rate, Inc NMLS# 2611)
 This Military Appreciation Month, I’m honored to help Veterans, active service members and their families make the most of their VA loan benefits. With zero down, competitive rates, no private mortgage insurance, and no lender fee at close* with Rate, homeownership is within reach. 🎖️💰 I can personally assist with all your VA mortgage needs in AL, AR, AZ, CA, CO, FL, GA, IN, MI, MS, NC, NV, SC, TN, TX, VA & WA. 🏡Connect with me to get started. https://tinyurl.com/ytx8mz39
Comments 2
By Bob Elliot, 30Yrs Experience
(RES Realty)
espite the recent pause on tariffs for Europe and progressing talks with China, the economic outlook remains largely negative across all sectors and markets. Although this week was relatively light on economic reports, the most notable was the Leading Economic Indicators, which showed a significant decline in every measurable category for April. This decline is largely attributed to the tariff policies implemented recently. Overall, the outlook remains pessimistic, despite other markets showing a more favorable reaction to the recent pauses on tariffs.U.S. Leading Economic IndicatorsThe Conference Board Leading Economic Index (LEI) for the US fell sharply by 1.0% in April 2025 to 99.4 (2016=100), after declining by 0.8% in March (revised downward from the -0.7% originally reported). The...
Comments 0
By Kimo Stowell, REALTOR® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
               Latest rates, based on 20 percent down, $200,000 owner-occupant mortgages. The rates and terms may vary; check with lenders for details. Rates may have changed click here to verify Wednesday, June 4, 2025  Lender Term/Type Interest Rate % Points % *APR American Savings Bank808-593-1226NMLS#423168 15-YR Fixed 5.375 2.000 5.814 30-YR Fixed 6.375 2.000 6.656 5-YR ARM 5.500 1.625 6.612 Bank of Hawaii877-616-2636 15-YR Fixed 5.500 0.875 5.636 30-YR Fixed 6.125 1.750 6.292 5-YR ARM 5.500 1.750 6.541 Central Pacific Bank808-544-0500NMLS#416603 15-YR Fixed 5.375 2.125 5.843 30-YR Fixed 6.250 1.875 6.521 5-YR ARM 6.250 0.000 6.894 Finance Factors808-548-3300NMLS#449916 15-YR Fixed 5.250 2.125 5.804 30-YR Fixed 6.250 2.125 6.601 5-YR ARM 6.500 1.500 7.194 First Hawaiian Bank808-643...
Comments 0
By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
 Remembering The Fallen This Memorial Day "As we express our gratitude, we must never forget that the highest appreciation is not to utter the words, but to live by them."... John F Kennedy Let's each of us pause for a moment today to honor the memories of those who paid the ultimate sacrifice by giving their lives for our country and our cherished freedoms. Let's also reflect on the profound sacrifices made by the families of the fallen. On this Memorial Day, may we all find time to recognize their courage, pay tribute to their memory, and express our deepest gratitude. "What they gave us is beyond our powers to repay." ... Ronald Reagan   "This is the day we pay homage to all those who didn't come home. This is not Veteran's Day, it's not a celebration, it is a day of solemn contempla...
Comments 17
By Chris Dunham, The Real Estate Guy™
(Brokers Hub Realty)
How I Helped My Buyer Beat the Interest Rate Game — And How You Can TooBy Chris Dunham — The Real Estate Guy™Let me tell you a quick story.About a year ago, I had a first-time buyer couple — excited, nervous, and like most people these days, a little rattled by interest rates. They were qualified, ready to go, but every mortgage quote made them wince. They were starting to think maybe they missed their shot.That’s when I rolled up my sleeves and did what I’ve done for over 25 years: I found the opportunity behind the numbers.What most buyers don’t realize is — you can negotiate your way into a better rate. That’s right. You don’t always have to settle for the one the bank first shows you.It Starts With ConcessionsWe wrote an offer on a great home in Queen Creek that had been sitting for...
Comments 2
By Peter Kici EA, Enrolled Agent
(Tax Debt Relief Group)
You're likely no stranger to the challenges of managing tax liabilities as a small business owner. The IRS Fresh Start Program can be a game-changer, offering more flexible payment options and reduced penalties. By taking advantage of streamlined installment agreements, you can avoid lengthy disclosures and focus on growing your business. But that's just the beginning - the program also offers opportunities for penalty relief and settling debts for less than owed.Key Takeaways The IRS Fresh Start Program offers streamlined installment agreements to small businesses, allowing flexible payment options and reduced financial burdens. Small businesses can avoid tax liens and manage tax liabilities through the program, minimizing financial hurdles and promoting steady growth. Eligibility for ...
Comments 2
By Bob Elliot, 30Yrs Experience
(RES Realty)
There are a lot of financing options available to help you purchase real estate, especially if you meet credit guidelines.Most lenders prefer to offer 30-year mortgage loans. With a longer loan term, they collect more money in interest over the life of the loan, but if you have strong credit, a 15-year mortgage may be a better option, and one worth considering. Here's a breakdown of the two:What About a 30-Year Mortgage?Thirty-year mortgages are the most common option for homebuyers. Monthly payments are typically more affordable, which is why lenders frequently recommend them. You may even qualify for a larger loan amount with a 30-year term. However, you’ll usually end up paying a higher interest rate over time, and significantly more in total interest.What Are the Benefits of a 15-Ye...
Comments 2
By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
What does Dave Ramsey say about Down Payment Math and Strategy for buying your first home? Read on... (Photo: Thinking Woman by Robin Higgins, Pixabay)Hint! Saving for a Down Payment to buy a home is also the BEST way to save for retirement. What gives? Seems strange doesn't it? Save for a down payment on a home before saving for retirement. That is what financial guru Dave Ramsey says. Why? Well, read on...Save for down payment on a "home" before saving for retirement?Per Realtor.com on March 3, 2025 by Dina Sartore-Bodo, "As home prices rise, so do down payments, making it increasingly difficult for potential buyers to invest in real estate. While experts have suggested a multitude of ways to afford a house in the current market, financial expert Dave Ramsey proposed a radical solutio...
Comments 7
By Bob Elliot, 30Yrs Experience
(RES Realty)
You may have heard of points when looking for real estate. Maybe your loan officer told you that you can trade points for a better interest rate. That sounds good, but just what are points? We'll give you a better idea of just what points are and how they work.What Are Points?Points, more specifically discount points, are a percentage of the total loan amount for the house that is pre-paid to the lender. Each point is worth one percent. Your lender may offer a lower interest rate for your mortgage loan if you buy discount points. What do Discount Points Cost?The cost of each point is equal to one percent of the loan amount. For instance, for a $200,000 loan one discount point equals $2,000.For example, you are trying to buy real estate worth $200,000. The lender may tell you that if you...
Comments 0
By Bob Elliot, 30Yrs Experience
(RES Realty)
The latest inflation data has been released, offering insight into the near-term impact of the recent tariff measures. The results indicate that despite deflationary pressure on the economy, inflation continues to trend upward with the recent, ongoing tariff wars.While the tariffs have been temporarily suspended, their effects are already being felt—consumers are experiencing price increases, and retailers have already been positioning themselves to increase prices due to the impacts of the tariff policies. While wholesale and producer inflation has seen a modest decline, this was expected as the market adjusts to the shifting economic landscape. Economists broadly predict that consumer prices will rise in the near term.These findings reinforce what consumers have already been experienc...
Comments 0
By Eleanor Thorne, Advantage Lending 919-649-5058
(Equity Resources)
Many of the home buyers we talk to struggle with down payment, meaning coming up with 10 to 20% for a down payment just isnt happening.  So what are the alternatives to a no down payment USDA Home Loan Program near Raleigh? If you are not a Veteran, qualifying for a VA Loan – then the FHA Loans in Garner and Fuquay Varina NC are the most flexible options. We CAN offer down payment assistance with this program, and that means you can live where you want to !Western Wake County, especially the areas closest to Fayetteville, are growing like wildfire. Not surprising, you can benefit from a home that’s located in “small town USA” with award winning schools!  Fuquay Varina and Garner are two cities that have benefited from this unique location. Unfortunately, USDA Home Loans, the program tha...
Comments 2
By Steve and Eleanor Thorne, Mortgage Loan Johnston County
(Advantage Lending, NMLS 60596)
Here’s a North Carolina VA Home Loan Guide, useful to those looking to buy a home in North Carolina with your VA benefits. Whether you’re a first time home buyer or relocating after deployment, VA loans are one of the best military home loan options available. This guide breaks down everything Veterans and active-duty service members need to know—from eligibility and steps to closing timelines and tips for buying near bases like Fort Liberty, Camp Lejeune, and Seymour Johnson AFB.North Carolina VA Home Loan Guide: What Veterans Need to KnowIf you’re a Veteran or active-duty service member thinking about buying a home in North Carolina, the VA loan program could be your ticket to homeownership—with no down payment required. Whether you’re stationed near Fort (Bragg) Liberty, living close...
Comments 4
By Eleanor Thorne, Advantage Lending 919-649-5058
(Equity Resources)
Part of Durham County, NC qualifies for USDA mortgages – and the qualifying guidelines have recently changed!  We will cover as many USDA Home Loans Durham NC tips as we can – but feel free to reach out to us for more information.To see maps specific to where you can find a home that qualifies for this 100% financing in Durham, click hereThe maximum income is calculated per family members living at home. In general, USDA Home Loans Durham meet different income guidelines than other areas in North Carolina.The current guidelines are: 1 person in the household maximum income is $116,300 2 people in the household maximum income is $116,300 3 people in the household maximum income is $116,300 4 people in the household maximum income is $116,300 5 people in the household maximum income is $1...
Comments 2
By Bob Elliot, 30Yrs Experience
(RES Realty)
Over the weekend, the recent talks with China and the U.S. about the recent tariffs have been said to be making progress recently in Geneva, leading to restoring some stability across all sectors and markets. The prior week, the FOMC decided not to change the rates and that will likely be the case in the foreseeable future. While having less presence due to the current economic climate, this week's CPI and PPI inflation data releases remain as important as ever. These reports will offer insight into the recent impact of the trade war and help inform expectations for the near-term economic outlook.Trade DeficitThe U.S. international trade deficit, including goods and services, widened 14% in March to a record seasonally adjusted $140.5 billion, the Commerce Department said Tuesday, as co...
Comments 2