LoanRateUpdate
LoanRateUpdate
LoanRateUpdate
1-000-000-0000
1-000-000-0000
1-000-000-0000
LoanRateUpdate
LoanRateUpdate
LoanRateUpdate
1-000-000-0000
1-000-000-0000
1-000-000-0000
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
Distressed Properties Nearly Half of Home Sales
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
Distressed Properties Nearly Half of Home Sales
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
Distressed Properties Nearly Half of Home Sales

November 23, 2011 (Chris Moore)

Distressed properties accounted for nearly half of the homes sold in October as investors increased their presence in the housing market while distressed property purchases by first-time homebuyers declined according to the Campbell/Inside Mortgage Finance HousingPulse Tracking Survey.

Sales of distressed properties increased to 48.4 percent of the housing market in October, up from 44.4 percent in September. Investors grabbed 22.3 percent of all the closed transactions in October.

Investors have accounted for over 20 percent of the monthly housing transactions since August. The strong demand for rental property and the low prices of distressed properties have been behind the surge in investor purchases.

The average price for a damaged REO property in October was $101,100, the lowest price for damaged REO in two years and far below the average price of $266,700 for non-distressed residential properties.

Campbell Surveys estimates that 61.6 percent of the properties purchased by investors end up as rentals with the rest of the properties being flipped.

“Given the current conditions in the market here locally, many of the investors are purchasing homes to rent until the market turns around then possibly looking to sell in a few years. Yes, at this point renting homes is a better option than flipping because the gap between what an investor can buy a house, fix it and flip it does not cover the cost of re-selling it,” said an agent from California.

Investors have also encountered the same problems that real estate agents have been complaining about – tight lending standards in today’s housing market are making it difficult to secure financing for property purchases, which makes turning a distressed property purchase into a rental a more attractive option until lenders loosen their credit criteria.

“The rental needs are great, and since no one can GET a mortgage, fix and flips are dying,” observed an agent in Colorado.

First-time homebuyers also became less active in the housing market in October as the gap between the supply of distressed properties and their absorption by first time homebuyers increased to 13.7 percentage points, up from a reading of 8.8 percentage points in September.

A real estate agent in Las Vegas noted that inventories in the area were dropping, which may lead to investors becoming more aggressive with their offers.

Tags: distressed properties, rental properties, low home prices, investor purchases, first-time homebuyers, housing market, strong demand

Source:
Campbell/Inside Mortgage Finance

INSIDER CAR BUYING TIPS
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.
BUYING VS LEASING
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.
DEALER OR BANK FINANCING
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 ON THE INTERNET
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.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
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 SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
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

November 23, 2011 (Chris Moore)

Distressed properties accounted for nearly half of the homes sold in October as investors increased their presence in the housing market while distressed property purchases by first-time homebuyers declined according to the Campbell/Inside Mortgage Finance HousingPulse Tracking Survey.

Sales of distressed properties increased to 48.4 percent of the housing market in October, up from 44.4 percent in September. Investors grabbed 22.3 percent of all the closed transactions in October.

Investors have accounted for over 20 percent of the monthly housing transactions since August. The strong demand for rental property and the low prices of distressed properties have been behind the surge in investor purchases.

The average price for a damaged REO property in October was $101,100, the lowest price for damaged REO in two years and far below the average price of $266,700 for non-distressed residential properties.

Campbell Surveys estimates that 61.6 percent of the properties purchased by investors end up as rentals with the rest of the properties being flipped.

“Given the current conditions in the market here locally, many of the investors are purchasing homes to rent until the market turns around then possibly looking to sell in a few years. Yes, at this point renting homes is a better option than flipping because the gap between what an investor can buy a house, fix it and flip it does not cover the cost of re-selling it,” said an agent from California.

Investors have also encountered the same problems that real estate agents have been complaining about – tight lending standards in today’s housing market are making it difficult to secure financing for property purchases, which makes turning a distressed property purchase into a rental a more attractive option until lenders loosen their credit criteria.

“The rental needs are great, and since no one can GET a mortgage, fix and flips are dying,” observed an agent in Colorado.

First-time homebuyers also became less active in the housing market in October as the gap between the supply of distressed properties and their absorption by first time homebuyers increased to 13.7 percentage points, up from a reading of 8.8 percentage points in September.

A real estate agent in Las Vegas noted that inventories in the area were dropping, which may lead to investors becoming more aggressive with their offers.

Tags: distressed properties, rental properties, low home prices, investor purchases, first-time homebuyers, housing market, strong demand

Source:
Campbell/Inside Mortgage Finance

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
INSIDER CAR BUYING TIPS
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.
BUYING VS LEASING
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.
DEALER OR BANK FINANCING
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 ON THE INTERNET
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.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
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 SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
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

November 23, 2011 (Chris Moore)

Distressed properties accounted for nearly half of the homes sold in October as investors increased their presence in the housing market while distressed property purchases by first-time homebuyers declined according to the Campbell/Inside Mortgage Finance HousingPulse Tracking Survey.

Sales of distressed properties increased to 48.4 percent of the housing market in October, up from 44.4 percent in September. Investors grabbed 22.3 percent of all the closed transactions in October.

Investors have accounted for over 20 percent of the monthly housing transactions since August. The strong demand for rental property and the low prices of distressed properties have been behind the surge in investor purchases.

The average price for a damaged REO property in October was $101,100, the lowest price for damaged REO in two years and far below the average price of $266,700 for non-distressed residential properties.

Campbell Surveys estimates that 61.6 percent of the properties purchased by investors end up as rentals with the rest of the properties being flipped.

“Given the current conditions in the market here locally, many of the investors are purchasing homes to rent until the market turns around then possibly looking to sell in a few years. Yes, at this point renting homes is a better option than flipping because the gap between what an investor can buy a house, fix it and flip it does not cover the cost of re-selling it,” said an agent from California.

Investors have also encountered the same problems that real estate agents have been complaining about – tight lending standards in today’s housing market are making it difficult to secure financing for property purchases, which makes turning a distressed property purchase into a rental a more attractive option until lenders loosen their credit criteria.

“The rental needs are great, and since no one can GET a mortgage, fix and flips are dying,” observed an agent in Colorado.

First-time homebuyers also became less active in the housing market in October as the gap between the supply of distressed properties and their absorption by first time homebuyers increased to 13.7 percentage points, up from a reading of 8.8 percentage points in September.

A real estate agent in Las Vegas noted that inventories in the area were dropping, which may lead to investors becoming more aggressive with their offers.

Tags: distressed properties, rental properties, low home prices, investor purchases, first-time homebuyers, housing market, strong demand

Source:
Campbell/Inside Mortgage Finance

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WHAT TYPE OF MORTGAGE LOANS ARE AVAILABLE?
DO I QUALIFY FOR A GOVERNMENT INSURED LOAN?
WHAT CAN I EXPECT FOR A MORTGAGE INTEREST RATE?
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
CALCULATE YOUR MORTGAGE PAYMENT
BENEFITS OF REFINANCING YOUR MORTGAGE
ADVANTAGES OF GETTING PRE-APPROVED FOR A LOAN
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
INSIDER CAR BUYING TIPS
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.
BUYING VS LEASING
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.
DEALER OR BANK FINANCING
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 ON THE INTERNET
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.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
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.
SEARCH FOR A HOME
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

LoanRateUpdate

LoanRateUpdate.com is an independent marketing leads generator. We are not a loan broker or lender. LoanRateUpdate.com is an advertising supported publisher and loan rate comparison service that is compensated by third party affiliates for the information you provide to us through the featured placement of sponsored products and services or by clicking on links posted on this website. Not all companies or products are represented through this website. Usage of this site is only available to persons in the continental United States, Alaska and Hawaii.
  • Our Partners
Copyright 2010 - 2021 LoanRateUpdate.com | All Rights Reserved
The information contained in this website is for general information purposes only. We make no representations or warranties of any kind, expressed or implied, about the completeness, accuracy, or reliability of the information, products, or services contained on the website. Any reliance you place on such information is therefore strictly at your own risk.