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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
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Florida Has Nation’s Highest Foreclosure Rate
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
Florida Has Nation’s Highest Foreclosure Rate
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
Florida Has Nation’s Highest Foreclosure Rate

February 18, 2011 (Shirley Allen)
mortgage-florida-foeclosure-image
Florida now has the nation’s highest foreclosure rate accounting for nearly one out of every four foreclosures in the country. More than 14 percent of Florida’s mortgages were in foreclosure in the fourth quarter of 2010 On top of that, an additional 5.2 percent were more than 90 days behind on their payments.

“More than 20 percent of all loans in Florida are somewhere past due or somewhere in foreclosure,” said Mike Fratantoni, vice president of the Mortgage Bankers Association (MBA).

As a sign that Florida’s courts are struggling with the massive amount of foreclosures and the fall-out of the robo-signing controversy, the foreclosure process now takes a total of 742 days in Miami-Dade County and 689 days in Broward County, according to Jacksonville-based Lender Processing Services. That’s nearly twice as long as it took in 2007.

There was a bit of good news as foreclosure starts in the state are down and the number of loans that are seriously past due decreased 0.7 percent from the previous quarter.

Over 24 percent of the loans in Florida are one payment or more past due or in the process of foreclosure, the highest rate in the nation, followed by Nevada at over 22 percent, compared to an average of 13.6 percent for the nation. Only eleven states saw an increase in their foreclosure start rate with Maryland seeing the largest increase.

Areas in Florida with the highest foreclosure rates were Cape Coral-Fort Myers (1 in 8.4), Miami-Fort Lauderdale-Pompano Beach (1 in 7.08), Orlando-Kissimmee (1 in 6.86) and Deltona-Daytona Beach-Ormond Beach (1 in 5.77).

Tags: florida, foreclosure rate, robo-signing controversy, mortgages

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.
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WE GIVE YOU THE INSIDE TIPS THAT
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BUYING OR SELLING A HOME IS A BIG DECISION
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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.
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YOU'VE WORKED HARD TO BUILD YOUR DREAM

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February 18, 2011 (Shirley Allen)
mortgage-florida-foeclosure-image
Florida now has the nation’s highest foreclosure rate accounting for nearly one out of every four foreclosures in the country. More than 14 percent of Florida’s mortgages were in foreclosure in the fourth quarter of 2010 On top of that, an additional 5.2 percent were more than 90 days behind on their payments.

“More than 20 percent of all loans in Florida are somewhere past due or somewhere in foreclosure,” said Mike Fratantoni, vice president of the Mortgage Bankers Association (MBA).

As a sign that Florida’s courts are struggling with the massive amount of foreclosures and the fall-out of the robo-signing controversy, the foreclosure process now takes a total of 742 days in Miami-Dade County and 689 days in Broward County, according to Jacksonville-based Lender Processing Services. That’s nearly twice as long as it took in 2007.

There was a bit of good news as foreclosure starts in the state are down and the number of loans that are seriously past due decreased 0.7 percent from the previous quarter.

Over 24 percent of the loans in Florida are one payment or more past due or in the process of foreclosure, the highest rate in the nation, followed by Nevada at over 22 percent, compared to an average of 13.6 percent for the nation. Only eleven states saw an increase in their foreclosure start rate with Maryland seeing the largest increase.

Areas in Florida with the highest foreclosure rates were Cape Coral-Fort Myers (1 in 8.4), Miami-Fort Lauderdale-Pompano Beach (1 in 7.08), Orlando-Kissimmee (1 in 6.86) and Deltona-Daytona Beach-Ormond Beach (1 in 5.77).

Tags: florida, foreclosure rate, robo-signing controversy, mortgages

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

February 18, 2011 (Shirley Allen)
mortgage-florida-foeclosure-image
Florida now has the nation’s highest foreclosure rate accounting for nearly one out of every four foreclosures in the country. More than 14 percent of Florida’s mortgages were in foreclosure in the fourth quarter of 2010 On top of that, an additional 5.2 percent were more than 90 days behind on their payments.

“More than 20 percent of all loans in Florida are somewhere past due or somewhere in foreclosure,” said Mike Fratantoni, vice president of the Mortgage Bankers Association (MBA).

As a sign that Florida’s courts are struggling with the massive amount of foreclosures and the fall-out of the robo-signing controversy, the foreclosure process now takes a total of 742 days in Miami-Dade County and 689 days in Broward County, according to Jacksonville-based Lender Processing Services. That’s nearly twice as long as it took in 2007.

There was a bit of good news as foreclosure starts in the state are down and the number of loans that are seriously past due decreased 0.7 percent from the previous quarter.

Over 24 percent of the loans in Florida are one payment or more past due or in the process of foreclosure, the highest rate in the nation, followed by Nevada at over 22 percent, compared to an average of 13.6 percent for the nation. Only eleven states saw an increase in their foreclosure start rate with Maryland seeing the largest increase.

Areas in Florida with the highest foreclosure rates were Cape Coral-Fort Myers (1 in 8.4), Miami-Fort Lauderdale-Pompano Beach (1 in 7.08), Orlando-Kissimmee (1 in 6.86) and Deltona-Daytona Beach-Ormond Beach (1 in 5.77).

Tags: florida, foreclosure rate, robo-signing controversy, mortgages

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