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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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Mortgage Interest Rates Rise Sharply After Jobs Report
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 Rise Sharply After Jobs Report
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 Rise Sharply After Jobs Report

October 13, 2011 (Shirley Allen)

The effects of the Federal Reserve’s latest economic maneuver were overshadowed by a stronger than expected jobs report last week pushing Treasury yields and mortgage rates higher according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS).

Fixed Rate Mortgages (FRM):

FRM interest rates jumped sharply last week with the 30 year FRM averaging 4.12 percent with an average of 0.8 points, up from last week’s average of 3.94 percent. The 30 year FRM averaged 4.19 percent a year earlier.

The 15 year FRM averaged 3.37 percent this week with an average of 0.8 points, up from 3.26 percent reported the previous week, and down from 3.62 percent a year ago.

Adjustable Rate Mortgages (ARM):

ARM interest rates were mixed again this week with the 5-year Treasury-indexed hybrid ARM averaging 3.02 percent, up from 2.96 percent last week, with an average of 0.6 points. The 5 year ARM averaged 3.47 percent a year earlier.

The 1-year Treasury-indexed ARM decreased this week, averaging 2.90 percent with an average of 0.6 points, down from 2.95 percent the previous week. A year ago, the 1 year ARM averaged 3.43 percent.

Frank Nothaft, vice president and chief economist of Freddie Mac, stated, “An employment report that was better than market expectations helped to lift long-term Treasury bond yields and mortgage rates as well. The economy added 103,000 workers in September, aided by the return of striking Verizon workers. In addition, revisions to July and August figures added a total of 99,000 jobs to payrolls. However, these job gains are still not large enough to bring down the current unemployment rate of 9.1 percent.”

30-Year Fixed Rate Mortgages US NE SE NC SW W
Average 4.12 4.12 4.17 4.08 4.15 4.09
Fees & Points 0.8 0.9 0.9 0.6 0.8 0.9

15-Year Fixed Rate Mortgages US NE SE NC SW W
Average 3.37 3.37 3.37 3.33 3.43 3.36
Fees & Points 0.8 0.9 1.0 0.6 0.9 0.9

5/1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 3.06 3.12 3.03 3.19 3.06 2.94
Fees & Points 0.6 0.7 0.6 0.4 0.7 0.7
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 2.90 2.84 3.45 2.71 2.70
Fees & Points 0.6 0.8 0.6 0.4 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 4.19   3.62   3.47   3.43   3.94   3.26   2.96   2.95  
Fees & Points 0.8   0.7   0.6   0.8   0.8   0.8   0.6   0.5  
Margin N/A N/A 2.74   2.76   N/A N/A 2.75   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 13, 2011 (Shirley Allen)

The effects of the Federal Reserve’s latest economic maneuver were overshadowed by a stronger than expected jobs report last week pushing Treasury yields and mortgage rates higher according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS).

Fixed Rate Mortgages (FRM):

FRM interest rates jumped sharply last week with the 30 year FRM averaging 4.12 percent with an average of 0.8 points, up from last week’s average of 3.94 percent. The 30 year FRM averaged 4.19 percent a year earlier.

The 15 year FRM averaged 3.37 percent this week with an average of 0.8 points, up from 3.26 percent reported the previous week, and down from 3.62 percent a year ago.

Adjustable Rate Mortgages (ARM):

ARM interest rates were mixed again this week with the 5-year Treasury-indexed hybrid ARM averaging 3.02 percent, up from 2.96 percent last week, with an average of 0.6 points. The 5 year ARM averaged 3.47 percent a year earlier.

The 1-year Treasury-indexed ARM decreased this week, averaging 2.90 percent with an average of 0.6 points, down from 2.95 percent the previous week. A year ago, the 1 year ARM averaged 3.43 percent.

Frank Nothaft, vice president and chief economist of Freddie Mac, stated, “An employment report that was better than market expectations helped to lift long-term Treasury bond yields and mortgage rates as well. The economy added 103,000 workers in September, aided by the return of striking Verizon workers. In addition, revisions to July and August figures added a total of 99,000 jobs to payrolls. However, these job gains are still not large enough to bring down the current unemployment rate of 9.1 percent.”

30-Year Fixed Rate Mortgages US NE SE NC SW W
Average 4.12 4.12 4.17 4.08 4.15 4.09
Fees & Points 0.8 0.9 0.9 0.6 0.8 0.9

15-Year Fixed Rate Mortgages US NE SE NC SW W
Average 3.37 3.37 3.37 3.33 3.43 3.36
Fees & Points 0.8 0.9 1.0 0.6 0.9 0.9

5/1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 3.06 3.12 3.03 3.19 3.06 2.94
Fees & Points 0.6 0.7 0.6 0.4 0.7 0.7
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 2.90 2.84 3.45 2.71 2.70
Fees & Points 0.6 0.8 0.6 0.4 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 4.19   3.62   3.47   3.43   3.94   3.26   2.96   2.95  
Fees & Points 0.8   0.7   0.6   0.8   0.8   0.8   0.6   0.5  
Margin N/A N/A 2.74   2.76   N/A N/A 2.75   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 13, 2011 (Shirley Allen)

The effects of the Federal Reserve’s latest economic maneuver were overshadowed by a stronger than expected jobs report last week pushing Treasury yields and mortgage rates higher according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS).

Fixed Rate Mortgages (FRM):

FRM interest rates jumped sharply last week with the 30 year FRM averaging 4.12 percent with an average of 0.8 points, up from last week’s average of 3.94 percent. The 30 year FRM averaged 4.19 percent a year earlier.

The 15 year FRM averaged 3.37 percent this week with an average of 0.8 points, up from 3.26 percent reported the previous week, and down from 3.62 percent a year ago.

Adjustable Rate Mortgages (ARM):

ARM interest rates were mixed again this week with the 5-year Treasury-indexed hybrid ARM averaging 3.02 percent, up from 2.96 percent last week, with an average of 0.6 points. The 5 year ARM averaged 3.47 percent a year earlier.

The 1-year Treasury-indexed ARM decreased this week, averaging 2.90 percent with an average of 0.6 points, down from 2.95 percent the previous week. A year ago, the 1 year ARM averaged 3.43 percent.

Frank Nothaft, vice president and chief economist of Freddie Mac, stated, “An employment report that was better than market expectations helped to lift long-term Treasury bond yields and mortgage rates as well. The economy added 103,000 workers in September, aided by the return of striking Verizon workers. In addition, revisions to July and August figures added a total of 99,000 jobs to payrolls. However, these job gains are still not large enough to bring down the current unemployment rate of 9.1 percent.”

30-Year Fixed Rate Mortgages US NE SE NC SW W
Average 4.12 4.12 4.17 4.08 4.15 4.09
Fees & Points 0.8 0.9 0.9 0.6 0.8 0.9

15-Year Fixed Rate Mortgages US NE SE NC SW W
Average 3.37 3.37 3.37 3.33 3.43 3.36
Fees & Points 0.8 0.9 1.0 0.6 0.9 0.9

5/1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 3.06 3.12 3.03 3.19 3.06 2.94
Fees & Points 0.6 0.7 0.6 0.4 0.7 0.7
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 2.90 2.84 3.45 2.71 2.70
Fees & Points 0.6 0.8 0.6 0.4 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 4.19   3.62   3.47   3.43   3.94   3.26   2.96   2.95  
Fees & Points 0.8   0.7   0.6   0.8   0.8   0.8   0.6   0.5  
Margin N/A N/A 2.74   2.76   N/A N/A 2.75   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