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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
Housing Burden Highest in South Florida
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
Housing Burden Highest in South Florida
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
Housing Burden Highest in South Florida

March 2, 2011 (Shirley Allen)
mortgage-home-costs-image
The Center for Housing Policy reports that the three county region of Palm Beach, Broward, and Miami-Dade counties has the nation’s biggest burden when it comes to monthly housing costs. Out of 752,041 working households, 42 percent of the residents of the region spent more than half of their income on housing 2009.

According to the Center, the region also lead the nation in 2008, when 39 percent of the homeowners devoted more than half their income to housing.

Residents in the Los Angeles area ranked second at 37 percent according to the report. Orlando, Florida, and Riverside, California, tied for third at 35 percent. The 2009 data is the most recent available.

“It’s a dubious distinction, isn’t it?” said Keith Wardrip, the author of the report and senior associate for the nonprofit research group in Washington, D.C.

California and Florida were the top two states with 33 percent each of working households spending more than half of their income on housing. That tops 2008, when the figure was at 30 percent.

The report attributes the increasing rate of burden on homeowners who were coping with high priced homes that they purchased during the housing boom, adjustable rate mortgages used to purchase those homes and a lackluster job market with high unemployment and downward pressure on wages.

“While large price declines in recent years have helped buyers afford homes, costs for many existing homeowners who bought near the peak of the housing boom have remained the same or increased while their incomes have dwindled,” Wardrip said.

Housing costs for homeowners are defined as first and second mortgage payments, property taxes, insurance, utilities and any association fees. Housing costs for renters include rent and utilities.

Tags: monthly housing costs, biggest burden, homeowners, housing boom, price declines, dwindling income, mortgages, renters

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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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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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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 2, 2011 (Shirley Allen)
mortgage-home-costs-image
The Center for Housing Policy reports that the three county region of Palm Beach, Broward, and Miami-Dade counties has the nation’s biggest burden when it comes to monthly housing costs. Out of 752,041 working households, 42 percent of the residents of the region spent more than half of their income on housing 2009.

According to the Center, the region also lead the nation in 2008, when 39 percent of the homeowners devoted more than half their income to housing.

Residents in the Los Angeles area ranked second at 37 percent according to the report. Orlando, Florida, and Riverside, California, tied for third at 35 percent. The 2009 data is the most recent available.

“It’s a dubious distinction, isn’t it?” said Keith Wardrip, the author of the report and senior associate for the nonprofit research group in Washington, D.C.

California and Florida were the top two states with 33 percent each of working households spending more than half of their income on housing. That tops 2008, when the figure was at 30 percent.

The report attributes the increasing rate of burden on homeowners who were coping with high priced homes that they purchased during the housing boom, adjustable rate mortgages used to purchase those homes and a lackluster job market with high unemployment and downward pressure on wages.

“While large price declines in recent years have helped buyers afford homes, costs for many existing homeowners who bought near the peak of the housing boom have remained the same or increased while their incomes have dwindled,” Wardrip said.

Housing costs for homeowners are defined as first and second mortgage payments, property taxes, insurance, utilities and any association fees. Housing costs for renters include rent and utilities.

Tags: monthly housing costs, biggest burden, homeowners, housing boom, price declines, dwindling income, mortgages, renters

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 2, 2011 (Shirley Allen)
mortgage-home-costs-image
The Center for Housing Policy reports that the three county region of Palm Beach, Broward, and Miami-Dade counties has the nation’s biggest burden when it comes to monthly housing costs. Out of 752,041 working households, 42 percent of the residents of the region spent more than half of their income on housing 2009.

According to the Center, the region also lead the nation in 2008, when 39 percent of the homeowners devoted more than half their income to housing.

Residents in the Los Angeles area ranked second at 37 percent according to the report. Orlando, Florida, and Riverside, California, tied for third at 35 percent. The 2009 data is the most recent available.

“It’s a dubious distinction, isn’t it?” said Keith Wardrip, the author of the report and senior associate for the nonprofit research group in Washington, D.C.

California and Florida were the top two states with 33 percent each of working households spending more than half of their income on housing. That tops 2008, when the figure was at 30 percent.

The report attributes the increasing rate of burden on homeowners who were coping with high priced homes that they purchased during the housing boom, adjustable rate mortgages used to purchase those homes and a lackluster job market with high unemployment and downward pressure on wages.

“While large price declines in recent years have helped buyers afford homes, costs for many existing homeowners who bought near the peak of the housing boom have remained the same or increased while their incomes have dwindled,” Wardrip said.

Housing costs for homeowners are defined as first and second mortgage payments, property taxes, insurance, utilities and any association fees. Housing costs for renters include rent and utilities.

Tags: monthly housing costs, biggest burden, homeowners, housing boom, price declines, dwindling income, mortgages, renters

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