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Consumer Confidence Hits Yet Another 2011 Low
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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.
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Consumer Confidence Hits Yet Another 2011 Low
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.
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Consumer Confidence Hits Yet Another 2011 Low

August 5, 2011 (Jeff Alan)

The Rasmussen Consumer Index fell to another new low in 2011 of 61.2, the lowest level since March of 2009.The Index is down eight points from a month ago and down 18 points from three months ago.

Only 13 percent of those polled now believe the economy is getting better, down from 21 percent in July, while 64 percent believe it’s getting worse, which is up from 58 percent in July.

At the beginning of the year, 30 percent said they thought the economy was getting better, while 45 percent said they believe the economy was getting worse.

Rasmussen’s Consumer Index uses a baseline of 100.0 established in October 2001. Readings above 100.0 indicate that confidence is higher than the baseline month.

American’s opinions about the value of homeownership also diminished greatly in just a month’s time as 43 percent of American adults believe that buying a home is the best investment a family can make, that’s down from 47 percent in June and a new record low in home-buying confidence.

The number of Americans who felt that purchasing a home was not a good investment choice dropped from 32 percent in June to 26 percent in July with more Americans, 31 percent, not sure if purchasing a home was a good investment, up from 22 percent in June.

When it came to selling a home, only 13 percent of all adults said it was a good time to sell a home, which was up from 11 percent in June. Seventy-two percent of the adults said it was not a good time to sell a home and 16 percent were not sure.

Tags: Rasmussen Reports, polls, surveys, consumer confidence, personal finances, economy, purchasing a home

Source:
Rasmussen Reports

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August 5, 2011 (Jeff Alan)

The Rasmussen Consumer Index fell to another new low in 2011 of 61.2, the lowest level since March of 2009.The Index is down eight points from a month ago and down 18 points from three months ago.

Only 13 percent of those polled now believe the economy is getting better, down from 21 percent in July, while 64 percent believe it’s getting worse, which is up from 58 percent in July.

At the beginning of the year, 30 percent said they thought the economy was getting better, while 45 percent said they believe the economy was getting worse.

Rasmussen’s Consumer Index uses a baseline of 100.0 established in October 2001. Readings above 100.0 indicate that confidence is higher than the baseline month.

American’s opinions about the value of homeownership also diminished greatly in just a month’s time as 43 percent of American adults believe that buying a home is the best investment a family can make, that’s down from 47 percent in June and a new record low in home-buying confidence.

The number of Americans who felt that purchasing a home was not a good investment choice dropped from 32 percent in June to 26 percent in July with more Americans, 31 percent, not sure if purchasing a home was a good investment, up from 22 percent in June.

When it came to selling a home, only 13 percent of all adults said it was a good time to sell a home, which was up from 11 percent in June. Seventy-two percent of the adults said it was not a good time to sell a home and 16 percent were not sure.

Tags: Rasmussen Reports, polls, surveys, consumer confidence, personal finances, economy, purchasing a home

Source:
Rasmussen Reports

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

August 5, 2011 (Jeff Alan)

The Rasmussen Consumer Index fell to another new low in 2011 of 61.2, the lowest level since March of 2009.The Index is down eight points from a month ago and down 18 points from three months ago.

Only 13 percent of those polled now believe the economy is getting better, down from 21 percent in July, while 64 percent believe it’s getting worse, which is up from 58 percent in July.

At the beginning of the year, 30 percent said they thought the economy was getting better, while 45 percent said they believe the economy was getting worse.

Rasmussen’s Consumer Index uses a baseline of 100.0 established in October 2001. Readings above 100.0 indicate that confidence is higher than the baseline month.

American’s opinions about the value of homeownership also diminished greatly in just a month’s time as 43 percent of American adults believe that buying a home is the best investment a family can make, that’s down from 47 percent in June and a new record low in home-buying confidence.

The number of Americans who felt that purchasing a home was not a good investment choice dropped from 32 percent in June to 26 percent in July with more Americans, 31 percent, not sure if purchasing a home was a good investment, up from 22 percent in June.

When it came to selling a home, only 13 percent of all adults said it was a good time to sell a home, which was up from 11 percent in June. Seventy-two percent of the adults said it was not a good time to sell a home and 16 percent were not sure.

Tags: Rasmussen Reports, polls, surveys, consumer confidence, personal finances, economy, purchasing a home

Source:
Rasmussen Reports

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