HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO TAKE IT TO THE NEXT LEVEL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Americans Upbeat About Housing, Not So Much with the Economy
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO TAKE IT TO THE NEXT LEVEL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Americans Upbeat About Housing, Not So Much with the Economy
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Americans Upbeat About Housing, Not So Much with the Economy

October 5, 2011 (Shirley Allen)

Despite Americans’ pessimistic attitudes about the economy, household finances, and homeownership, 69 percent of the Americans surveyed in Fannie Mae’s Monthly National Housing Survey believed that it is still a good time to buy a home.

It was the fourth time in the last year that 69 percent or more of the respondents felt that way. However, that positive sentiment didn’t carry over when it came to whether or not they thought it was a good time to sell a home. Only nine percent of the Americans surveyed thought it was a good time to sell a home, down from 11 percent from the previous month.

And almost just as many Americans, 62 percent, said they would rather buy a home if they were going to move in the next year, while 34 percent said they would rent.

About half of the respondents, 49 percent, expected home prices to stay about the same over the coming year with 27 percent expecting home prices to decline and only 20 percent expecting home prices to increase. On average, respondents expected home prices to decline only 0.5 percent over the coming year, the third consecutive month in which a decline in home prices was expected.

Most Americans must have thought that mortgage rates had hit bottom in August as only 11 percent thought that interest rates would be going lower over the next twelve months. Forty-five percent of the respondents felt that mortgage rates would be going up while 40 percent expected interest rates to stay about the same. Of course, this was before the Federal Reserve had announced it latest economic assistance plan.

When it came to attitudes about the economy and finances, Americans were significantly more pessimistic with 78 percent saying that the economy is on the wrong track and 16 percent believing the economy was on the right track.

The majority of Americans, 61 percent, reported that their household income was about the same as it was a year ago but that their household expenses were increasing. It was the third consecutive month that American’s reported that their expenses were increasing.

Forty-one percent said that their household expenses were significantly higher than a year ago, that’s up from 37 percent in June. Forty-seven percent reported their expenses were about the same, down from 53 percent in July, while 11 percent said their expenses were significantly lower.

Most Americans believe their financial situation will stay about the same or get better over the next year, but an increasing amount expect things will get worse.

Forty-one percent of the respondents expect their financial situation to be about the same in a year from now, that’s down from 44 percent in May, and 35 percent expect their financial situation to get better, which is down from 41 percent in May. Twenty-two percent of the respondents expect their financial situation to get worse, which is up from 16 percent in April.

Tags: Fannie Mae, economy, financial situation, mortgage rates, interest rates, household finances, pessimism, buy a home, sell a home, expenses

Source:
Fannie Mae

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

October 5, 2011 (Shirley Allen)

Despite Americans’ pessimistic attitudes about the economy, household finances, and homeownership, 69 percent of the Americans surveyed in Fannie Mae’s Monthly National Housing Survey believed that it is still a good time to buy a home.

It was the fourth time in the last year that 69 percent or more of the respondents felt that way. However, that positive sentiment didn’t carry over when it came to whether or not they thought it was a good time to sell a home. Only nine percent of the Americans surveyed thought it was a good time to sell a home, down from 11 percent from the previous month.

And almost just as many Americans, 62 percent, said they would rather buy a home if they were going to move in the next year, while 34 percent said they would rent.

About half of the respondents, 49 percent, expected home prices to stay about the same over the coming year with 27 percent expecting home prices to decline and only 20 percent expecting home prices to increase. On average, respondents expected home prices to decline only 0.5 percent over the coming year, the third consecutive month in which a decline in home prices was expected.

Most Americans must have thought that mortgage rates had hit bottom in August as only 11 percent thought that interest rates would be going lower over the next twelve months. Forty-five percent of the respondents felt that mortgage rates would be going up while 40 percent expected interest rates to stay about the same. Of course, this was before the Federal Reserve had announced it latest economic assistance plan.

When it came to attitudes about the economy and finances, Americans were significantly more pessimistic with 78 percent saying that the economy is on the wrong track and 16 percent believing the economy was on the right track.

The majority of Americans, 61 percent, reported that their household income was about the same as it was a year ago but that their household expenses were increasing. It was the third consecutive month that American’s reported that their expenses were increasing.

Forty-one percent said that their household expenses were significantly higher than a year ago, that’s up from 37 percent in June. Forty-seven percent reported their expenses were about the same, down from 53 percent in July, while 11 percent said their expenses were significantly lower.

Most Americans believe their financial situation will stay about the same or get better over the next year, but an increasing amount expect things will get worse.

Forty-one percent of the respondents expect their financial situation to be about the same in a year from now, that’s down from 44 percent in May, and 35 percent expect their financial situation to get better, which is down from 41 percent in May. Twenty-two percent of the respondents expect their financial situation to get worse, which is up from 16 percent in April.

Tags: Fannie Mae, economy, financial situation, mortgage rates, interest rates, household finances, pessimism, buy a home, sell a home, expenses

Source:
Fannie Mae

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

October 5, 2011 (Shirley Allen)

Despite Americans’ pessimistic attitudes about the economy, household finances, and homeownership, 69 percent of the Americans surveyed in Fannie Mae’s Monthly National Housing Survey believed that it is still a good time to buy a home.

It was the fourth time in the last year that 69 percent or more of the respondents felt that way. However, that positive sentiment didn’t carry over when it came to whether or not they thought it was a good time to sell a home. Only nine percent of the Americans surveyed thought it was a good time to sell a home, down from 11 percent from the previous month.

And almost just as many Americans, 62 percent, said they would rather buy a home if they were going to move in the next year, while 34 percent said they would rent.

About half of the respondents, 49 percent, expected home prices to stay about the same over the coming year with 27 percent expecting home prices to decline and only 20 percent expecting home prices to increase. On average, respondents expected home prices to decline only 0.5 percent over the coming year, the third consecutive month in which a decline in home prices was expected.

Most Americans must have thought that mortgage rates had hit bottom in August as only 11 percent thought that interest rates would be going lower over the next twelve months. Forty-five percent of the respondents felt that mortgage rates would be going up while 40 percent expected interest rates to stay about the same. Of course, this was before the Federal Reserve had announced it latest economic assistance plan.

When it came to attitudes about the economy and finances, Americans were significantly more pessimistic with 78 percent saying that the economy is on the wrong track and 16 percent believing the economy was on the right track.

The majority of Americans, 61 percent, reported that their household income was about the same as it was a year ago but that their household expenses were increasing. It was the third consecutive month that American’s reported that their expenses were increasing.

Forty-one percent said that their household expenses were significantly higher than a year ago, that’s up from 37 percent in June. Forty-seven percent reported their expenses were about the same, down from 53 percent in July, while 11 percent said their expenses were significantly lower.

Most Americans believe their financial situation will stay about the same or get better over the next year, but an increasing amount expect things will get worse.

Forty-one percent of the respondents expect their financial situation to be about the same in a year from now, that’s down from 44 percent in May, and 35 percent expect their financial situation to get better, which is down from 41 percent in May. Twenty-two percent of the respondents expect their financial situation to get worse, which is up from 16 percent in April.

Tags: Fannie Mae, economy, financial situation, mortgage rates, interest rates, household finances, pessimism, buy a home, sell a home, expenses

Source:
Fannie Mae

THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS