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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
Mortgage Interest Rates Little Changed From Last Week
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
Mortgage Interest Rates Little Changed From Last Week
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
Mortgage Interest Rates Little Changed From Last Week

June 23, 2011 (Shirley Allen)

Mortgage interest rates again remained virtually unchanged from last week with the 30 year fixed rate at 4.50 percent and the 15 year fixed rate nudging up to 3.69 percent according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS).

Fixed Rate Mortgages (FRM):

Thirty year and the 15 year FRMs again barely budged from the previous week with the 30 year FRM remaining unchanged at an average of 4.50 percent with an average 0.8 points, however, the effective rate was higher as last weeks rate was based on 0.7 points. Rates were down from 4.69 percent a year earlier.

The 15 year FRM averaged 3.69 this week with an average 0.7 points, up from an average of 3.67 last week and down from 4.13 percent a year ago.

Adjustable Rate Mortgages (ARM):

ARMs were also again mixed and barely moved in the last week as the 5-year Treasury-indexed hybrid ARM slid to 3.25 percent, which is down from 3.27 percent the previous week, with an average of 0.6 points. The 5 year ARM averaged 3.84 percent a year earlier.

The 1-year Treasury-indexed ARM increased this week to 2.99 percent, with an average of 0.5 points, from 2.97 percent the previous week. A year ago, the 1 year ARM averaged 3.77 percent.

Frank Nothaft, vice president and chief economist of Freddie Mac, stated, “Mortgage rates were virtually unchanged this week amid further indications of a soft housing market. Although new construction on single-family homes ticked up in May from April, it was still below the overall pace set in 2010. Moreover, existing home sales fell 3.8 percent in May to the fewest since November 2010.”

“The Federal Reserve also reiterated that the housing sector continues to be depressed in its June 22nd policy committee statement. The S&P/Case-Shiller® National Home Price Index fell 2.1 percent between the fourth quarter of 2010 and first quarter 2011. Based on a recent survey by MarcoMarkets of 108 professional forecasters taken in early June, the index is predicted to decline another 1.5 percent by the fourth quarter of this year,” Nothaft added.

30-Year Fixed Rate Mortgages US NE SE NC SW W
Average 4.50 4.51 4.52 4.53 4.52 4.46
Fees & Points 0.8 0.7 0.9 0.7 0.7 0.8

15-Year Fixed Rate Mortgages US NE SE NC SW W
Average 3.69 3.69 3.72 3.71 3.79 3.64
Fees & Points 0.7 0.7 1.0 0.6 0.7 0.8

5/1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 3.25 3.41 3.13 3.31 3.32 3.08
Fees & Points 0.6 0.5 0.8 0.4 0.5 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 2.99 3.20 2.83 3.16 2.94 2.80
Fees & Points 0.5 0.5 0.5 0.3 0.8 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 4.69   4.13   3.84   3.77   4.50   3.67   3.27   2.97  
Fees & Points 0.7   0.6   0.7   0.7   0.7   0.7   0.6   0.5  
Margin N/A N/A 2.74   2.74   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

June 23, 2011 (Shirley Allen)

Mortgage interest rates again remained virtually unchanged from last week with the 30 year fixed rate at 4.50 percent and the 15 year fixed rate nudging up to 3.69 percent according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS).

Fixed Rate Mortgages (FRM):

Thirty year and the 15 year FRMs again barely budged from the previous week with the 30 year FRM remaining unchanged at an average of 4.50 percent with an average 0.8 points, however, the effective rate was higher as last weeks rate was based on 0.7 points. Rates were down from 4.69 percent a year earlier.

The 15 year FRM averaged 3.69 this week with an average 0.7 points, up from an average of 3.67 last week and down from 4.13 percent a year ago.

Adjustable Rate Mortgages (ARM):

ARMs were also again mixed and barely moved in the last week as the 5-year Treasury-indexed hybrid ARM slid to 3.25 percent, which is down from 3.27 percent the previous week, with an average of 0.6 points. The 5 year ARM averaged 3.84 percent a year earlier.

The 1-year Treasury-indexed ARM increased this week to 2.99 percent, with an average of 0.5 points, from 2.97 percent the previous week. A year ago, the 1 year ARM averaged 3.77 percent.

Frank Nothaft, vice president and chief economist of Freddie Mac, stated, “Mortgage rates were virtually unchanged this week amid further indications of a soft housing market. Although new construction on single-family homes ticked up in May from April, it was still below the overall pace set in 2010. Moreover, existing home sales fell 3.8 percent in May to the fewest since November 2010.”

“The Federal Reserve also reiterated that the housing sector continues to be depressed in its June 22nd policy committee statement. The S&P/Case-Shiller® National Home Price Index fell 2.1 percent between the fourth quarter of 2010 and first quarter 2011. Based on a recent survey by MarcoMarkets of 108 professional forecasters taken in early June, the index is predicted to decline another 1.5 percent by the fourth quarter of this year,” Nothaft added.

30-Year Fixed Rate Mortgages US NE SE NC SW W
Average 4.50 4.51 4.52 4.53 4.52 4.46
Fees & Points 0.8 0.7 0.9 0.7 0.7 0.8

15-Year Fixed Rate Mortgages US NE SE NC SW W
Average 3.69 3.69 3.72 3.71 3.79 3.64
Fees & Points 0.7 0.7 1.0 0.6 0.7 0.8

5/1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 3.25 3.41 3.13 3.31 3.32 3.08
Fees & Points 0.6 0.5 0.8 0.4 0.5 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 2.99 3.20 2.83 3.16 2.94 2.80
Fees & Points 0.5 0.5 0.5 0.3 0.8 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 4.69   4.13   3.84   3.77   4.50   3.67   3.27   2.97  
Fees & Points 0.7   0.6   0.7   0.7   0.7   0.7   0.6   0.5  
Margin N/A N/A 2.74   2.74   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

June 23, 2011 (Shirley Allen)

Mortgage interest rates again remained virtually unchanged from last week with the 30 year fixed rate at 4.50 percent and the 15 year fixed rate nudging up to 3.69 percent according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS).

Fixed Rate Mortgages (FRM):

Thirty year and the 15 year FRMs again barely budged from the previous week with the 30 year FRM remaining unchanged at an average of 4.50 percent with an average 0.8 points, however, the effective rate was higher as last weeks rate was based on 0.7 points. Rates were down from 4.69 percent a year earlier.

The 15 year FRM averaged 3.69 this week with an average 0.7 points, up from an average of 3.67 last week and down from 4.13 percent a year ago.

Adjustable Rate Mortgages (ARM):

ARMs were also again mixed and barely moved in the last week as the 5-year Treasury-indexed hybrid ARM slid to 3.25 percent, which is down from 3.27 percent the previous week, with an average of 0.6 points. The 5 year ARM averaged 3.84 percent a year earlier.

The 1-year Treasury-indexed ARM increased this week to 2.99 percent, with an average of 0.5 points, from 2.97 percent the previous week. A year ago, the 1 year ARM averaged 3.77 percent.

Frank Nothaft, vice president and chief economist of Freddie Mac, stated, “Mortgage rates were virtually unchanged this week amid further indications of a soft housing market. Although new construction on single-family homes ticked up in May from April, it was still below the overall pace set in 2010. Moreover, existing home sales fell 3.8 percent in May to the fewest since November 2010.”

“The Federal Reserve also reiterated that the housing sector continues to be depressed in its June 22nd policy committee statement. The S&P/Case-Shiller® National Home Price Index fell 2.1 percent between the fourth quarter of 2010 and first quarter 2011. Based on a recent survey by MarcoMarkets of 108 professional forecasters taken in early June, the index is predicted to decline another 1.5 percent by the fourth quarter of this year,” Nothaft added.

30-Year Fixed Rate Mortgages US NE SE NC SW W
Average 4.50 4.51 4.52 4.53 4.52 4.46
Fees & Points 0.8 0.7 0.9 0.7 0.7 0.8

15-Year Fixed Rate Mortgages US NE SE NC SW W
Average 3.69 3.69 3.72 3.71 3.79 3.64
Fees & Points 0.7 0.7 1.0 0.6 0.7 0.8

5/1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 3.25 3.41 3.13 3.31 3.32 3.08
Fees & Points 0.6 0.5 0.8 0.4 0.5 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 2.99 3.20 2.83 3.16 2.94 2.80
Fees & Points 0.5 0.5 0.5 0.3 0.8 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 4.69   4.13   3.84   3.77   4.50   3.67   3.27   2.97  
Fees & Points 0.7   0.6   0.7   0.7   0.7   0.7   0.6   0.5  
Margin N/A N/A 2.74   2.74   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