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It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
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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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July Housing Scorecard a “Mixed Picture”
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
July Housing Scorecard a “Mixed Picture”
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
July Housing Scorecard a “Mixed Picture”

August 8, 2011 (Chris Moore)

Housing data through June continues to paint a housing market that is a mixed picture that remains fragile with continued strain from foreclosures and distressed properties while home prices improved slightly according to the latest release of the Obama Administrations Housing Scorecard.

At the end of June, prime mortgages that were at least 30 days of more late increased to 4.4 percent from 4.3 percent in May, down from the peak of 5.9 percent seen in 2010.

Performance of sub-prime mortgages continues to improve also as 30 days or more delinquencies dropped to 32.5 percent, down from 36.4 percent a year reported a year earlier.

Seriously delinquent mortgages, those that are more than 90 days delinquent or in foreclosure, also continued to drop. Seriously delinquent prime mortgages numbered 1,490,000 at the end of June compared to 1,864,000 a year earlier and seriously delinquent subprime mortgages numbered 1,744,000 compared to 1,973,000 in June of last year.

Since the beginning of the Homeowner Affordable Modification Program (HAMP) program in 2009 until the end of May 2011, nearly 5 million modification arrangements have been started. In June, 31,600 homeowners received a permanent loan modification through HAMP raising the total amount of permanent modifications to 763,100.

There were 24,700 new HAMP trial modifications started in June, down from 26,700 in May. HOPE Now proprietary modifications also declined in June, dropping to 52,000 modifications from 57,000 modifications in May. Total HOPE Now modifications now number 2,367,300.

“This month’s housing data paint a mixed picture of conditions in the market – despite growing evidence of progress in the broader economy,” said HUD Assistant Secretary Raphael Bostic. “We’re continuing to see a slight improvement in home prices and a decline in mortgage defaults as our foreclosure prevention programs reach more borrowers upstream in the process. But we have much more work to do to help the market recover and to reach the many households there and across the nation who still face trouble.”

Tags: July Housing Scorecard, Obama Administration, loan modification, foreclosure completions, monthly payment reduction, housing prices, mortgage delinquencies, foreclosure starts, foreclosure completions

Source:
Treasury.gov

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

August 8, 2011 (Chris Moore)

Housing data through June continues to paint a housing market that is a mixed picture that remains fragile with continued strain from foreclosures and distressed properties while home prices improved slightly according to the latest release of the Obama Administrations Housing Scorecard.

At the end of June, prime mortgages that were at least 30 days of more late increased to 4.4 percent from 4.3 percent in May, down from the peak of 5.9 percent seen in 2010.

Performance of sub-prime mortgages continues to improve also as 30 days or more delinquencies dropped to 32.5 percent, down from 36.4 percent a year reported a year earlier.

Seriously delinquent mortgages, those that are more than 90 days delinquent or in foreclosure, also continued to drop. Seriously delinquent prime mortgages numbered 1,490,000 at the end of June compared to 1,864,000 a year earlier and seriously delinquent subprime mortgages numbered 1,744,000 compared to 1,973,000 in June of last year.

Since the beginning of the Homeowner Affordable Modification Program (HAMP) program in 2009 until the end of May 2011, nearly 5 million modification arrangements have been started. In June, 31,600 homeowners received a permanent loan modification through HAMP raising the total amount of permanent modifications to 763,100.

There were 24,700 new HAMP trial modifications started in June, down from 26,700 in May. HOPE Now proprietary modifications also declined in June, dropping to 52,000 modifications from 57,000 modifications in May. Total HOPE Now modifications now number 2,367,300.

“This month’s housing data paint a mixed picture of conditions in the market – despite growing evidence of progress in the broader economy,” said HUD Assistant Secretary Raphael Bostic. “We’re continuing to see a slight improvement in home prices and a decline in mortgage defaults as our foreclosure prevention programs reach more borrowers upstream in the process. But we have much more work to do to help the market recover and to reach the many households there and across the nation who still face trouble.”

Tags: July Housing Scorecard, Obama Administration, loan modification, foreclosure completions, monthly payment reduction, housing prices, mortgage delinquencies, foreclosure starts, foreclosure completions

Source:
Treasury.gov

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

August 8, 2011 (Chris Moore)

Housing data through June continues to paint a housing market that is a mixed picture that remains fragile with continued strain from foreclosures and distressed properties while home prices improved slightly according to the latest release of the Obama Administrations Housing Scorecard.

At the end of June, prime mortgages that were at least 30 days of more late increased to 4.4 percent from 4.3 percent in May, down from the peak of 5.9 percent seen in 2010.

Performance of sub-prime mortgages continues to improve also as 30 days or more delinquencies dropped to 32.5 percent, down from 36.4 percent a year reported a year earlier.

Seriously delinquent mortgages, those that are more than 90 days delinquent or in foreclosure, also continued to drop. Seriously delinquent prime mortgages numbered 1,490,000 at the end of June compared to 1,864,000 a year earlier and seriously delinquent subprime mortgages numbered 1,744,000 compared to 1,973,000 in June of last year.

Since the beginning of the Homeowner Affordable Modification Program (HAMP) program in 2009 until the end of May 2011, nearly 5 million modification arrangements have been started. In June, 31,600 homeowners received a permanent loan modification through HAMP raising the total amount of permanent modifications to 763,100.

There were 24,700 new HAMP trial modifications started in June, down from 26,700 in May. HOPE Now proprietary modifications also declined in June, dropping to 52,000 modifications from 57,000 modifications in May. Total HOPE Now modifications now number 2,367,300.

“This month’s housing data paint a mixed picture of conditions in the market – despite growing evidence of progress in the broader economy,” said HUD Assistant Secretary Raphael Bostic. “We’re continuing to see a slight improvement in home prices and a decline in mortgage defaults as our foreclosure prevention programs reach more borrowers upstream in the process. But we have much more work to do to help the market recover and to reach the many households there and across the nation who still face trouble.”

Tags: July Housing Scorecard, Obama Administration, loan modification, foreclosure completions, monthly payment reduction, housing prices, mortgage delinquencies, foreclosure starts, foreclosure completions

Source:
Treasury.gov

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