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/Fannie Mae Business as Usual
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/Fannie Mae Business as Usual
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/Fannie Mae Business as Usual

March 4, 2011 (Shirley Allen)
mortgage-were-open-image
Someone forgot to tell government mortgage giants Freddie Mac and Fannie Mae that they are suppose to be going out of business because the latest monthly figures show that both GSE’s continued to back new mortgages in January at about the same rate as last year.

Freddie Mac reported that it backed nearly $38.9 billion in new loans in January, up from $36.6 billion in January 2010, but down considerable from $49.7 billion in December 2010. Fannie Mae reported a slight decrease in portfolio commitments on a year-to-year basis, to $51.7 billion new loans, down from $53.6 billion in January 2010.

Freddie Mac’s overall mortgage portfolio shrank by 7.3 percent in January which is close to the 10 percent annual rate that has been targeted for winding down the two government lenders, but over the last 12 months, the portfolio has only shrunk 4.3 percent.

By comparison, Fannie Mae showed a 1.1 percent reduction in its portfolio in January compared to December and a decline of only 0.2 percent over the last 12 months.

The Obama Administration and Congress plan on closing down the two lenders due to severe losses in sub-prime mortgages suffered after the housing bubble burst. Both were acquired by the government to prevent their collapse at great cost to taxpayers.

Mortgage delinquencies for both lenders have shown steady declines over the past year with Freddie Mac reporting that 3.82 percent of its outstanding loans were delinquent in January, down from 4.12 percent a year earlier, and Fannie Mae reports that 4.48 percent of its loans were delinquent in December, down from 5.38 percent in December of 2009.

Tags: Freddie Mac, Fannie Mae, new mortgages, new loans, portfolio, government lenders, housing bubble, delinquencies

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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

March 4, 2011 (Shirley Allen)
mortgage-were-open-image
Someone forgot to tell government mortgage giants Freddie Mac and Fannie Mae that they are suppose to be going out of business because the latest monthly figures show that both GSE’s continued to back new mortgages in January at about the same rate as last year.

Freddie Mac reported that it backed nearly $38.9 billion in new loans in January, up from $36.6 billion in January 2010, but down considerable from $49.7 billion in December 2010. Fannie Mae reported a slight decrease in portfolio commitments on a year-to-year basis, to $51.7 billion new loans, down from $53.6 billion in January 2010.

Freddie Mac’s overall mortgage portfolio shrank by 7.3 percent in January which is close to the 10 percent annual rate that has been targeted for winding down the two government lenders, but over the last 12 months, the portfolio has only shrunk 4.3 percent.

By comparison, Fannie Mae showed a 1.1 percent reduction in its portfolio in January compared to December and a decline of only 0.2 percent over the last 12 months.

The Obama Administration and Congress plan on closing down the two lenders due to severe losses in sub-prime mortgages suffered after the housing bubble burst. Both were acquired by the government to prevent their collapse at great cost to taxpayers.

Mortgage delinquencies for both lenders have shown steady declines over the past year with Freddie Mac reporting that 3.82 percent of its outstanding loans were delinquent in January, down from 4.12 percent a year earlier, and Fannie Mae reports that 4.48 percent of its loans were delinquent in December, down from 5.38 percent in December of 2009.

Tags: Freddie Mac, Fannie Mae, new mortgages, new loans, portfolio, government lenders, housing bubble, delinquencies

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

March 4, 2011 (Shirley Allen)
mortgage-were-open-image
Someone forgot to tell government mortgage giants Freddie Mac and Fannie Mae that they are suppose to be going out of business because the latest monthly figures show that both GSE’s continued to back new mortgages in January at about the same rate as last year.

Freddie Mac reported that it backed nearly $38.9 billion in new loans in January, up from $36.6 billion in January 2010, but down considerable from $49.7 billion in December 2010. Fannie Mae reported a slight decrease in portfolio commitments on a year-to-year basis, to $51.7 billion new loans, down from $53.6 billion in January 2010.

Freddie Mac’s overall mortgage portfolio shrank by 7.3 percent in January which is close to the 10 percent annual rate that has been targeted for winding down the two government lenders, but over the last 12 months, the portfolio has only shrunk 4.3 percent.

By comparison, Fannie Mae showed a 1.1 percent reduction in its portfolio in January compared to December and a decline of only 0.2 percent over the last 12 months.

The Obama Administration and Congress plan on closing down the two lenders due to severe losses in sub-prime mortgages suffered after the housing bubble burst. Both were acquired by the government to prevent their collapse at great cost to taxpayers.

Mortgage delinquencies for both lenders have shown steady declines over the past year with Freddie Mac reporting that 3.82 percent of its outstanding loans were delinquent in January, down from 4.12 percent a year earlier, and Fannie Mae reports that 4.48 percent of its loans were delinquent in December, down from 5.38 percent in December of 2009.

Tags: Freddie Mac, Fannie Mae, new mortgages, new loans, portfolio, government lenders, housing bubble, delinquencies

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