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 SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Another Dose of Bad News for Housing Market
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 SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Another Dose of Bad News for Housing Market
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
Another Dose of Bad News for Housing Market

July 27, 2012 (Chris Moore)

The housing industry received another dose of bad news this month as contract signings for home purchases fell in June. This comes on the heels of reported declines in both existing home sales earlier this week and in new home sales reported two days ago.

It was the second time in the last three months that contract signings have declined, falling 1.4 percent to 99.3 in June according to the National Association of Realtors® (NAR) Pending Home Sales Index (PHSI).

Despite the decline in contract signings, the Index was still 9.5 percent higher than in June of last year when the Index was at 90.7 and left the Index at roughly the same level as two years ago when home buyers were rushing to beat the end of the home buyer tax credit program.

Lawrence Yun, chief economist of NAR, stated, “Buyer interest remains strong but fewer home listings mean fewer contract signing opportunities. We’ve been seeing a steady decline in the level of housing inventory, which is most pronounced in the lower price ranges popular with first-time buyers and investors.”

Three of the four regions in the Index posted declines in their monthly level of sales contract activity, but all four still outperformed the previous year’s sales activity.

The West recorded the only increase in monthly signed contracts, climbing 2.6 percent from May. The Northeast posted the largest decrease, falling 7.6 percent from the previous month while the South and the Midwest saw declines of 2.0 and 0.4 percent, respectively.

Compared to June 2011, the Midwest was 17.3 percent higher, the Northeast improved 12.2 percent and the South and the West saw activity improve by 8.8 and 3.0 percent, respectively.

The PHSI is a forward looking indicator which generally indicates closings one to two months in the future.

Tags: pending home sales, existing home sales, contract signings, contract cancellations

Source:
NAR

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

July 27, 2012 (Chris Moore)

The housing industry received another dose of bad news this month as contract signings for home purchases fell in June. This comes on the heels of reported declines in both existing home sales earlier this week and in new home sales reported two days ago.

It was the second time in the last three months that contract signings have declined, falling 1.4 percent to 99.3 in June according to the National Association of Realtors® (NAR) Pending Home Sales Index (PHSI).

Despite the decline in contract signings, the Index was still 9.5 percent higher than in June of last year when the Index was at 90.7 and left the Index at roughly the same level as two years ago when home buyers were rushing to beat the end of the home buyer tax credit program.

Lawrence Yun, chief economist of NAR, stated, “Buyer interest remains strong but fewer home listings mean fewer contract signing opportunities. We’ve been seeing a steady decline in the level of housing inventory, which is most pronounced in the lower price ranges popular with first-time buyers and investors.”

Three of the four regions in the Index posted declines in their monthly level of sales contract activity, but all four still outperformed the previous year’s sales activity.

The West recorded the only increase in monthly signed contracts, climbing 2.6 percent from May. The Northeast posted the largest decrease, falling 7.6 percent from the previous month while the South and the Midwest saw declines of 2.0 and 0.4 percent, respectively.

Compared to June 2011, the Midwest was 17.3 percent higher, the Northeast improved 12.2 percent and the South and the West saw activity improve by 8.8 and 3.0 percent, respectively.

The PHSI is a forward looking indicator which generally indicates closings one to two months in the future.

Tags: pending home sales, existing home sales, contract signings, contract cancellations

Source:
NAR

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

July 27, 2012 (Chris Moore)

The housing industry received another dose of bad news this month as contract signings for home purchases fell in June. This comes on the heels of reported declines in both existing home sales earlier this week and in new home sales reported two days ago.

It was the second time in the last three months that contract signings have declined, falling 1.4 percent to 99.3 in June according to the National Association of Realtors® (NAR) Pending Home Sales Index (PHSI).

Despite the decline in contract signings, the Index was still 9.5 percent higher than in June of last year when the Index was at 90.7 and left the Index at roughly the same level as two years ago when home buyers were rushing to beat the end of the home buyer tax credit program.

Lawrence Yun, chief economist of NAR, stated, “Buyer interest remains strong but fewer home listings mean fewer contract signing opportunities. We’ve been seeing a steady decline in the level of housing inventory, which is most pronounced in the lower price ranges popular with first-time buyers and investors.”

Three of the four regions in the Index posted declines in their monthly level of sales contract activity, but all four still outperformed the previous year’s sales activity.

The West recorded the only increase in monthly signed contracts, climbing 2.6 percent from May. The Northeast posted the largest decrease, falling 7.6 percent from the previous month while the South and the Midwest saw declines of 2.0 and 0.4 percent, respectively.

Compared to June 2011, the Midwest was 17.3 percent higher, the Northeast improved 12.2 percent and the South and the West saw activity improve by 8.8 and 3.0 percent, respectively.

The PHSI is a forward looking indicator which generally indicates closings one to two months in the future.

Tags: pending home sales, existing home sales, contract signings, contract cancellations

Source:
NAR

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