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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.
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LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
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Freddie Mac Report Predicts Spring Home Sales Pick-Up
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
Freddie Mac Report Predicts Spring Home Sales Pick-Up
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
Freddie Mac Report Predicts Spring Home Sales Pick-Up

April 14, 2011 (Chris Moore)
mortgage-freddiemac-image
Freddie Mac has released its Economic and Housing Outlook for April which anticipates a spring pick-up in home sales that the report attributes to encouraging employment numbers, continuing historically low mortgage rates and lower home prices, with the latter two contributing to the highest level in homebuyer affordability in 40 years.

Released by the Office of the Chief Economist, the report shows that current positive employment numbers might finally indicate that the labor market is starting to warm up. With four straight months of declining unemployment and over 1.3 million jobs gained from March of 2010 through March of 2011, the unemployment rate has finally fallen below the nine percent mark, currently resting at 8.8 percent.

Employment has been mixed as gains in service sector industries like mining and manufacturing has seen most of the employment spurt, while government employment, construction, and real estate remain weak.

Freddie Mac expects an accommodative monetary policy to continue to provide the housing market with low mortgage rates, though they predict rates will rise slightly through 2011. Refinancing activity is expected to decline due to rising interest rates.

Highlights of the report include:

– Unemployment declined for the fourth straight month to 8.8 percent, and net employment increased by 216,000 jobs.
– A projected 5 percent increase in 2011 home sales over 2010, on a calendar year basis.
– Despite weak and inconsistent monthly job gains for the real estate sector, real estate employment was up by 10,000 jobs since last November.
– Refinancing is likely to account for a much smaller share of loan applications later this year as borrowers who are “in-the-money” decrease and mortgage rates begin inching up.
– The share of adjustable-rate mortgages loans is projected to be 7 percent in 2011, compared to the 5 percent 2010 average in part because the level of fixed-rate mortgages rates are expected to rise relative to short-term interest rates.

Frank Nothaft, Freddie Mac, vice president and chief economist said, “”Expect to see a bit of spring in homes sales activity during the second quarter. Sales contract signings for existing homes were up in February, positioning the market for a bounce up going into the traditional homebuying season.”

You can view the whole report here.

Tags: Freddie Mac, Economic and Housing Outlook, homes sales, home affordability, low mortgage interest rates, declining unemployment, lower home prices, job gains

Source:
Freddie Mac

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.
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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

April 14, 2011 (Chris Moore)
mortgage-freddiemac-image
Freddie Mac has released its Economic and Housing Outlook for April which anticipates a spring pick-up in home sales that the report attributes to encouraging employment numbers, continuing historically low mortgage rates and lower home prices, with the latter two contributing to the highest level in homebuyer affordability in 40 years.

Released by the Office of the Chief Economist, the report shows that current positive employment numbers might finally indicate that the labor market is starting to warm up. With four straight months of declining unemployment and over 1.3 million jobs gained from March of 2010 through March of 2011, the unemployment rate has finally fallen below the nine percent mark, currently resting at 8.8 percent.

Employment has been mixed as gains in service sector industries like mining and manufacturing has seen most of the employment spurt, while government employment, construction, and real estate remain weak.

Freddie Mac expects an accommodative monetary policy to continue to provide the housing market with low mortgage rates, though they predict rates will rise slightly through 2011. Refinancing activity is expected to decline due to rising interest rates.

Highlights of the report include:

– Unemployment declined for the fourth straight month to 8.8 percent, and net employment increased by 216,000 jobs.
– A projected 5 percent increase in 2011 home sales over 2010, on a calendar year basis.
– Despite weak and inconsistent monthly job gains for the real estate sector, real estate employment was up by 10,000 jobs since last November.
– Refinancing is likely to account for a much smaller share of loan applications later this year as borrowers who are “in-the-money” decrease and mortgage rates begin inching up.
– The share of adjustable-rate mortgages loans is projected to be 7 percent in 2011, compared to the 5 percent 2010 average in part because the level of fixed-rate mortgages rates are expected to rise relative to short-term interest rates.

Frank Nothaft, Freddie Mac, vice president and chief economist said, “”Expect to see a bit of spring in homes sales activity during the second quarter. Sales contract signings for existing homes were up in February, positioning the market for a bounce up going into the traditional homebuying season.”

You can view the whole report here.

Tags: Freddie Mac, Economic and Housing Outlook, homes sales, home affordability, low mortgage interest rates, declining unemployment, lower home prices, job gains

Source:
Freddie Mac

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

April 14, 2011 (Chris Moore)
mortgage-freddiemac-image
Freddie Mac has released its Economic and Housing Outlook for April which anticipates a spring pick-up in home sales that the report attributes to encouraging employment numbers, continuing historically low mortgage rates and lower home prices, with the latter two contributing to the highest level in homebuyer affordability in 40 years.

Released by the Office of the Chief Economist, the report shows that current positive employment numbers might finally indicate that the labor market is starting to warm up. With four straight months of declining unemployment and over 1.3 million jobs gained from March of 2010 through March of 2011, the unemployment rate has finally fallen below the nine percent mark, currently resting at 8.8 percent.

Employment has been mixed as gains in service sector industries like mining and manufacturing has seen most of the employment spurt, while government employment, construction, and real estate remain weak.

Freddie Mac expects an accommodative monetary policy to continue to provide the housing market with low mortgage rates, though they predict rates will rise slightly through 2011. Refinancing activity is expected to decline due to rising interest rates.

Highlights of the report include:

– Unemployment declined for the fourth straight month to 8.8 percent, and net employment increased by 216,000 jobs.
– A projected 5 percent increase in 2011 home sales over 2010, on a calendar year basis.
– Despite weak and inconsistent monthly job gains for the real estate sector, real estate employment was up by 10,000 jobs since last November.
– Refinancing is likely to account for a much smaller share of loan applications later this year as borrowers who are “in-the-money” decrease and mortgage rates begin inching up.
– The share of adjustable-rate mortgages loans is projected to be 7 percent in 2011, compared to the 5 percent 2010 average in part because the level of fixed-rate mortgages rates are expected to rise relative to short-term interest rates.

Frank Nothaft, Freddie Mac, vice president and chief economist said, “”Expect to see a bit of spring in homes sales activity during the second quarter. Sales contract signings for existing homes were up in February, positioning the market for a bounce up going into the traditional homebuying season.”

You can view the whole report here.

Tags: Freddie Mac, Economic and Housing Outlook, homes sales, home affordability, low mortgage interest rates, declining unemployment, lower home prices, job gains

Source:
Freddie Mac

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