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May Home Prices Improve, Still Below Last Year
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
May Home Prices Improve, Still Below Last Year
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
May Home Prices Improve, Still Below Last Year

August 2, 2012 (Chris Moore)

Monthly home prices improved for a second consecutive month in May but still remained in negative territory year-over-year according to the latest S&P/Case-Shiller Home Price Indices. The difference in year-over-year prices was the smallest in 18 months.

All 20 of the Metropolitan Statistical Areas (MSAs) posted monthly increases in home prices with Chicago (+4.5 percent) reporting the largest increase followed by Atlanta (+4.0 percent) and San Francisco (+3.9 percent)

Twelve of the 20 MSAs reported year-over-year increases in home prices with Phoenix continuing to truly rise from the ashes for yet another month, posting the largest year-over-year increase in home prices of 11.5 percent. It was the fifth consecutive month that Phoenix has posted the highest year-over-year increase in the Indices.

Following Phoenix were Minneapolis (+4.7 percent) and Dallas (+3.8 percent).

Despite a monthly increase of 4.0 percent, Atlanta once again found itself with the largest year-over-year decline of 14.5 percent. Far behind Atlanta were Las Vegas (-3.2 percent and Chicago (-3.0 percent).

In year-over-year results, the 10-City Composite was 1.0 percent lower than in May of 2011 while the 20-City Composite was 0.7 percent lower than a year earlier. It was the smallest difference in prices in 18 months.

Compared to May, both the 10-City and 20-City Composites were up by 2.2 percent. It was the second consecutive month that monthly home prices have increased.

Not accounting for inflation, average home prices across the United States are back at the same levels they were in the spring and summer of 2003.

From their peak in June/July 2006, index levels for both the 10-City and the 20 City Composites have declined almost 33 percent.

Four MSAs, Atlanta, Cleveland, Detroit and Las Vegas, continued to see average prices that are below their January 2000 levels.

Tags: S&P, Case-Shiller Home Price Indices, 10-City Composite, 20-City Composite, home prices

Source:
S&P

INSIDER CAR BUYING TIPS
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.
BUYING VS LEASING
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.
DEALER OR BANK FINANCING
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 ON THE INTERNET
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.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
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 SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
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 2, 2012 (Chris Moore)

Monthly home prices improved for a second consecutive month in May but still remained in negative territory year-over-year according to the latest S&P/Case-Shiller Home Price Indices. The difference in year-over-year prices was the smallest in 18 months.

All 20 of the Metropolitan Statistical Areas (MSAs) posted monthly increases in home prices with Chicago (+4.5 percent) reporting the largest increase followed by Atlanta (+4.0 percent) and San Francisco (+3.9 percent)

Twelve of the 20 MSAs reported year-over-year increases in home prices with Phoenix continuing to truly rise from the ashes for yet another month, posting the largest year-over-year increase in home prices of 11.5 percent. It was the fifth consecutive month that Phoenix has posted the highest year-over-year increase in the Indices.

Following Phoenix were Minneapolis (+4.7 percent) and Dallas (+3.8 percent).

Despite a monthly increase of 4.0 percent, Atlanta once again found itself with the largest year-over-year decline of 14.5 percent. Far behind Atlanta were Las Vegas (-3.2 percent and Chicago (-3.0 percent).

In year-over-year results, the 10-City Composite was 1.0 percent lower than in May of 2011 while the 20-City Composite was 0.7 percent lower than a year earlier. It was the smallest difference in prices in 18 months.

Compared to May, both the 10-City and 20-City Composites were up by 2.2 percent. It was the second consecutive month that monthly home prices have increased.

Not accounting for inflation, average home prices across the United States are back at the same levels they were in the spring and summer of 2003.

From their peak in June/July 2006, index levels for both the 10-City and the 20 City Composites have declined almost 33 percent.

Four MSAs, Atlanta, Cleveland, Detroit and Las Vegas, continued to see average prices that are below their January 2000 levels.

Tags: S&P, Case-Shiller Home Price Indices, 10-City Composite, 20-City Composite, home prices

Source:
S&P

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
INSIDER CAR BUYING TIPS
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.
BUYING VS LEASING
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.
DEALER OR BANK FINANCING
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 ON THE INTERNET
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.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
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 SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
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 2, 2012 (Chris Moore)

Monthly home prices improved for a second consecutive month in May but still remained in negative territory year-over-year according to the latest S&P/Case-Shiller Home Price Indices. The difference in year-over-year prices was the smallest in 18 months.

All 20 of the Metropolitan Statistical Areas (MSAs) posted monthly increases in home prices with Chicago (+4.5 percent) reporting the largest increase followed by Atlanta (+4.0 percent) and San Francisco (+3.9 percent)

Twelve of the 20 MSAs reported year-over-year increases in home prices with Phoenix continuing to truly rise from the ashes for yet another month, posting the largest year-over-year increase in home prices of 11.5 percent. It was the fifth consecutive month that Phoenix has posted the highest year-over-year increase in the Indices.

Following Phoenix were Minneapolis (+4.7 percent) and Dallas (+3.8 percent).

Despite a monthly increase of 4.0 percent, Atlanta once again found itself with the largest year-over-year decline of 14.5 percent. Far behind Atlanta were Las Vegas (-3.2 percent and Chicago (-3.0 percent).

In year-over-year results, the 10-City Composite was 1.0 percent lower than in May of 2011 while the 20-City Composite was 0.7 percent lower than a year earlier. It was the smallest difference in prices in 18 months.

Compared to May, both the 10-City and 20-City Composites were up by 2.2 percent. It was the second consecutive month that monthly home prices have increased.

Not accounting for inflation, average home prices across the United States are back at the same levels they were in the spring and summer of 2003.

From their peak in June/July 2006, index levels for both the 10-City and the 20 City Composites have declined almost 33 percent.

Four MSAs, Atlanta, Cleveland, Detroit and Las Vegas, continued to see average prices that are below their January 2000 levels.

Tags: S&P, Case-Shiller Home Price Indices, 10-City Composite, 20-City Composite, home prices

Source:
S&P

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WHAT TYPE OF MORTGAGE LOANS ARE AVAILABLE?
DO I QUALIFY FOR A GOVERNMENT INSURED LOAN?
WHAT CAN I EXPECT FOR A MORTGAGE INTEREST RATE?
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
CALCULATE YOUR MORTGAGE PAYMENT
BENEFITS OF REFINANCING YOUR MORTGAGE
ADVANTAGES OF GETTING PRE-APPROVED FOR A LOAN
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
INSIDER CAR BUYING TIPS
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.
BUYING VS LEASING
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.
DEALER OR BANK FINANCING
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 ON THE INTERNET
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.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
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.
SEARCH FOR A HOME
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

LoanRateUpdate

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