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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.
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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
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Misery Index Continues to Climb
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
Misery Index Continues to Climb
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
Misery Index Continues to Climb

July 26, 2011 (Shirley Allen)

The U.S. Misery Index increased from 12.67 in May to 12.76 in June, with the poor unemployment numbers observed in June being the major contributing factor to the increase. Unemployment increased from 9.1 percent in May to 9.2 percent in June, while inflation remained at 3.6 percent. A year ago the Misery Index was 10.74.

The Misery Index tends to reappear during times of economic hardship and is most associated with the economic times during the Jimmy Carter Administration. The Carter Administration has the dubious honor of claiming the highest Misery Index reading of almost 22 percent in June of 1980.

Ironically, during his run for the Presidency in the summer of 1976 when the Misery Index was at 13.57, Carter stated that no man responsible for a country with a Misery Index that high had the right to even ask to be President. Those words would come back to haunt him in 1980.

After the economic recovery in the 1980’s, the Index lived in relative obscurity, with the exception of a brief spike in the last year of the first Bush Administration, then falling into the single digits in the early 1990’s before making a reappearance into the double digits in 2008.

The Misery Index was created by Economist Arthur Okun and was launched in the 1970s in an attempt to gauge economic hardship by adding the unemployment rate to the inflation as a measurement of American’s misery.

The index is at a 28 year high and doesn’t look to get better anytime soon. Although the Federal Reserve predicts the inflation rate in the second half of 2011 should decrease due to easing oil prices, July has seen the return of several mass lay-offs and first time unemployment claims have been over 400,000 for 15 weeks in a row.

Tags: Misery Index, unemployment, inflation, economic hardship, Jimmy Carter, Ronald Reagan, George Bush, Federal Reserve

Source:
Misery Index

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.
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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
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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.
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July 26, 2011 (Shirley Allen)

The U.S. Misery Index increased from 12.67 in May to 12.76 in June, with the poor unemployment numbers observed in June being the major contributing factor to the increase. Unemployment increased from 9.1 percent in May to 9.2 percent in June, while inflation remained at 3.6 percent. A year ago the Misery Index was 10.74.

The Misery Index tends to reappear during times of economic hardship and is most associated with the economic times during the Jimmy Carter Administration. The Carter Administration has the dubious honor of claiming the highest Misery Index reading of almost 22 percent in June of 1980.

Ironically, during his run for the Presidency in the summer of 1976 when the Misery Index was at 13.57, Carter stated that no man responsible for a country with a Misery Index that high had the right to even ask to be President. Those words would come back to haunt him in 1980.

After the economic recovery in the 1980’s, the Index lived in relative obscurity, with the exception of a brief spike in the last year of the first Bush Administration, then falling into the single digits in the early 1990’s before making a reappearance into the double digits in 2008.

The Misery Index was created by Economist Arthur Okun and was launched in the 1970s in an attempt to gauge economic hardship by adding the unemployment rate to the inflation as a measurement of American’s misery.

The index is at a 28 year high and doesn’t look to get better anytime soon. Although the Federal Reserve predicts the inflation rate in the second half of 2011 should decrease due to easing oil prices, July has seen the return of several mass lay-offs and first time unemployment claims have been over 400,000 for 15 weeks in a row.

Tags: Misery Index, unemployment, inflation, economic hardship, Jimmy Carter, Ronald Reagan, George Bush, Federal Reserve

Source:
Misery Index

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

July 26, 2011 (Shirley Allen)

The U.S. Misery Index increased from 12.67 in May to 12.76 in June, with the poor unemployment numbers observed in June being the major contributing factor to the increase. Unemployment increased from 9.1 percent in May to 9.2 percent in June, while inflation remained at 3.6 percent. A year ago the Misery Index was 10.74.

The Misery Index tends to reappear during times of economic hardship and is most associated with the economic times during the Jimmy Carter Administration. The Carter Administration has the dubious honor of claiming the highest Misery Index reading of almost 22 percent in June of 1980.

Ironically, during his run for the Presidency in the summer of 1976 when the Misery Index was at 13.57, Carter stated that no man responsible for a country with a Misery Index that high had the right to even ask to be President. Those words would come back to haunt him in 1980.

After the economic recovery in the 1980’s, the Index lived in relative obscurity, with the exception of a brief spike in the last year of the first Bush Administration, then falling into the single digits in the early 1990’s before making a reappearance into the double digits in 2008.

The Misery Index was created by Economist Arthur Okun and was launched in the 1970s in an attempt to gauge economic hardship by adding the unemployment rate to the inflation as a measurement of American’s misery.

The index is at a 28 year high and doesn’t look to get better anytime soon. Although the Federal Reserve predicts the inflation rate in the second half of 2011 should decrease due to easing oil prices, July has seen the return of several mass lay-offs and first time unemployment claims have been over 400,000 for 15 weeks in a row.

Tags: Misery Index, unemployment, inflation, economic hardship, Jimmy Carter, Ronald Reagan, George Bush, Federal Reserve

Source:
Misery Index

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