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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.
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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.
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LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
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Mixed Indicators Leave Mortgage Rates Little Changed
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
Mixed Indicators Leave Mortgage Rates Little Changed
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
Mixed Indicators Leave Mortgage Rates Little Changed

October 27, 2011 (Shirley Allen)

Mixed market indicators left average mortgage rates unmotivated and virtually unchanged from the previous week according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending October 27.

Fixed Rate Mortgages:

Fixed rate mortgage interest rates remained virtually unchanged from last week with the 30-year fixed rate mortgage averaging 4.10 percent with an average of 0.8 points, down from last week’s average of 4.11 percent. A year ago the 30-year fixed rate mortgage averaged 4.23 percent.

The 15-year fixed rate mortgage averaged 3.38 percent this week with an average 0.7 points, unchanged from the previous week, and down from 3.66 percent a year ago. Points last week averaged 0.8 percent.

Adjustable Rate Mortgages:

Adjustable rate mortgage interest rates were mixed again this week with the 5-year Treasury-indexed hybrid ARM averaging 3.08 percent, up from 3.01 percent last week, with an average of 0.5 points. The 5-year adjustable rate mortgage averaged 3.41 percent a year earlier.

The 1-year Treasury-indexed adjustable rate mortgage decreased this week, averaging 2.90 percent with an average of 0.6 points, down from 2.94 percent the previous week. A year ago, the 1 year adjustable rate mortgage averaged 3.30 percent.

Frank Nothaft, vice president and chief economist of Freddie Mac, stated, “Fixed mortgage rates followed other long-term interest rates and showed little change, on average, from the prior week. The latest monthly housing market indicators were mixed, with consumer confidence soft, house prices largely flat, and new home sales up from very low levels.”

“Consumer confidence fell below the market consensus forecast in October to the lowest reading since March 2009, according to The Conference Board. The FHFA Purchase-Only House Price Index for the U.S. declined 0.1 percent in August on a seasonally adjusted basis, while the S&P/Case-Shiller® 20-city Composite home price index rose 0.2 percent (not seasonally adjusted) between July and August, with one-half of the cities registering a dip in values. Finally, new home sales increased 5.7 percent in September to the strongest pace since April,” he added.

30-Year Fixed Rate Mortgages US NE SE NC SW W
Average 4.10 4.09 4.15 4.11 4.14 4.06
Fees & Points 0.8 0.8 0.9 0.6 0.7 0.8

15-Year Fixed Rate Mortgages US NE SE NC SW W
Average 3.38 3.37 3.39 3.39 3.43 3.36
Fees & Points 0.7 0.7 0.8 0.5 0.7 0.8

5/1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 3.08 3.11 3.03 3.25 3.18 2.94
Fees & Points 0.5 0.6 0.6 0.3 0.6 0.6
Margin 2.74 2.75 2.75 2.73 2.76 2.73

1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 2.90 3.04 2.75 3.28 2.71 2.70
Fees & Points 0.6 0.8 0.6 0.3 0.6 0.5
Margin 2.76 2.79 2.75 2.73 2.77 2.75

The National Mortgage Rate Snapshot One Year Ago One Week Ago
  30-YR 15-YR 5/1-YR 1-YR ARM 30-YR 15-YR 5/1-YR 1-YR ARM
Average 4.23   3.66   3.41   3.30   4.11   3.38   3.01   2.94  
Fees & Points 0.8   0.7   0.6   0.7   0.8   0.8   0.6   0.6  
Margin N/A N/A 2.75   2.76   N/A N/A 2.74   2.76  

Tags: 15 year fixed, 30 year fixed, fixed rate mortgage, freddie mac, interest rates, mortgage rates, 5-year hybrid, 1-year treasury

Source:
Freddie Mac

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

October 27, 2011 (Shirley Allen)

Mixed market indicators left average mortgage rates unmotivated and virtually unchanged from the previous week according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending October 27.

Fixed Rate Mortgages:

Fixed rate mortgage interest rates remained virtually unchanged from last week with the 30-year fixed rate mortgage averaging 4.10 percent with an average of 0.8 points, down from last week’s average of 4.11 percent. A year ago the 30-year fixed rate mortgage averaged 4.23 percent.

The 15-year fixed rate mortgage averaged 3.38 percent this week with an average 0.7 points, unchanged from the previous week, and down from 3.66 percent a year ago. Points last week averaged 0.8 percent.

Adjustable Rate Mortgages:

Adjustable rate mortgage interest rates were mixed again this week with the 5-year Treasury-indexed hybrid ARM averaging 3.08 percent, up from 3.01 percent last week, with an average of 0.5 points. The 5-year adjustable rate mortgage averaged 3.41 percent a year earlier.

The 1-year Treasury-indexed adjustable rate mortgage decreased this week, averaging 2.90 percent with an average of 0.6 points, down from 2.94 percent the previous week. A year ago, the 1 year adjustable rate mortgage averaged 3.30 percent.

Frank Nothaft, vice president and chief economist of Freddie Mac, stated, “Fixed mortgage rates followed other long-term interest rates and showed little change, on average, from the prior week. The latest monthly housing market indicators were mixed, with consumer confidence soft, house prices largely flat, and new home sales up from very low levels.”

“Consumer confidence fell below the market consensus forecast in October to the lowest reading since March 2009, according to The Conference Board. The FHFA Purchase-Only House Price Index for the U.S. declined 0.1 percent in August on a seasonally adjusted basis, while the S&P/Case-Shiller® 20-city Composite home price index rose 0.2 percent (not seasonally adjusted) between July and August, with one-half of the cities registering a dip in values. Finally, new home sales increased 5.7 percent in September to the strongest pace since April,” he added.

30-Year Fixed Rate Mortgages US NE SE NC SW W
Average 4.10 4.09 4.15 4.11 4.14 4.06
Fees & Points 0.8 0.8 0.9 0.6 0.7 0.8

15-Year Fixed Rate Mortgages US NE SE NC SW W
Average 3.38 3.37 3.39 3.39 3.43 3.36
Fees & Points 0.7 0.7 0.8 0.5 0.7 0.8

5/1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 3.08 3.11 3.03 3.25 3.18 2.94
Fees & Points 0.5 0.6 0.6 0.3 0.6 0.6
Margin 2.74 2.75 2.75 2.73 2.76 2.73

1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 2.90 3.04 2.75 3.28 2.71 2.70
Fees & Points 0.6 0.8 0.6 0.3 0.6 0.5
Margin 2.76 2.79 2.75 2.73 2.77 2.75

The National Mortgage Rate Snapshot One Year Ago One Week Ago
  30-YR 15-YR 5/1-YR 1-YR ARM 30-YR 15-YR 5/1-YR 1-YR ARM
Average 4.23   3.66   3.41   3.30   4.11   3.38   3.01   2.94  
Fees & Points 0.8   0.7   0.6   0.7   0.8   0.8   0.6   0.6  
Margin N/A N/A 2.75   2.76   N/A N/A 2.74   2.76  

Tags: 15 year fixed, 30 year fixed, fixed rate mortgage, freddie mac, interest rates, mortgage rates, 5-year hybrid, 1-year treasury

Source:
Freddie Mac

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

October 27, 2011 (Shirley Allen)

Mixed market indicators left average mortgage rates unmotivated and virtually unchanged from the previous week according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending October 27.

Fixed Rate Mortgages:

Fixed rate mortgage interest rates remained virtually unchanged from last week with the 30-year fixed rate mortgage averaging 4.10 percent with an average of 0.8 points, down from last week’s average of 4.11 percent. A year ago the 30-year fixed rate mortgage averaged 4.23 percent.

The 15-year fixed rate mortgage averaged 3.38 percent this week with an average 0.7 points, unchanged from the previous week, and down from 3.66 percent a year ago. Points last week averaged 0.8 percent.

Adjustable Rate Mortgages:

Adjustable rate mortgage interest rates were mixed again this week with the 5-year Treasury-indexed hybrid ARM averaging 3.08 percent, up from 3.01 percent last week, with an average of 0.5 points. The 5-year adjustable rate mortgage averaged 3.41 percent a year earlier.

The 1-year Treasury-indexed adjustable rate mortgage decreased this week, averaging 2.90 percent with an average of 0.6 points, down from 2.94 percent the previous week. A year ago, the 1 year adjustable rate mortgage averaged 3.30 percent.

Frank Nothaft, vice president and chief economist of Freddie Mac, stated, “Fixed mortgage rates followed other long-term interest rates and showed little change, on average, from the prior week. The latest monthly housing market indicators were mixed, with consumer confidence soft, house prices largely flat, and new home sales up from very low levels.”

“Consumer confidence fell below the market consensus forecast in October to the lowest reading since March 2009, according to The Conference Board. The FHFA Purchase-Only House Price Index for the U.S. declined 0.1 percent in August on a seasonally adjusted basis, while the S&P/Case-Shiller® 20-city Composite home price index rose 0.2 percent (not seasonally adjusted) between July and August, with one-half of the cities registering a dip in values. Finally, new home sales increased 5.7 percent in September to the strongest pace since April,” he added.

30-Year Fixed Rate Mortgages US NE SE NC SW W
Average 4.10 4.09 4.15 4.11 4.14 4.06
Fees & Points 0.8 0.8 0.9 0.6 0.7 0.8

15-Year Fixed Rate Mortgages US NE SE NC SW W
Average 3.38 3.37 3.39 3.39 3.43 3.36
Fees & Points 0.7 0.7 0.8 0.5 0.7 0.8

5/1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 3.08 3.11 3.03 3.25 3.18 2.94
Fees & Points 0.5 0.6 0.6 0.3 0.6 0.6
Margin 2.74 2.75 2.75 2.73 2.76 2.73

1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 2.90 3.04 2.75 3.28 2.71 2.70
Fees & Points 0.6 0.8 0.6 0.3 0.6 0.5
Margin 2.76 2.79 2.75 2.73 2.77 2.75

The National Mortgage Rate Snapshot One Year Ago One Week Ago
  30-YR 15-YR 5/1-YR 1-YR ARM 30-YR 15-YR 5/1-YR 1-YR ARM
Average 4.23   3.66   3.41   3.30   4.11   3.38   3.01   2.94  
Fees & Points 0.8   0.7   0.6   0.7   0.8   0.8   0.6   0.6  
Margin N/A N/A 2.75   2.76   N/A N/A 2.74   2.76  

Tags: 15 year fixed, 30 year fixed, fixed rate mortgage, freddie mac, interest rates, mortgage rates, 5-year hybrid, 1-year treasury

Source:
Freddie Mac

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