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 Rates Little Changed From Last Week, 30-Year Under 4%
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 Rates Little Changed From Last Week, 30-Year Under 4%
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 Rates Little Changed From Last Week, 30-Year Under 4%

November 10, 2011 (Shirley Allen)

The 30-year fixed rate mortgages dropped to under four percent for the second time this year but overall rates were little changed from last week according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending November 10th.

Fixed Rate Mortgages:

Fixed rate mortgage interest rates fell slightly in the last week with the 30-year fixed rate mortgage averaging 3.99 percent with an average of 0.7 points, down from last week’s average of 4.00 percent. A year ago the 30-year fixed rate mortgage averaged 4.17 percent.

The 15-year fixed rate mortgage averaged 3.30 percent this week with an average 0.8 points, down from 3.31 percent the previous week, and down from 3.57 percent a year ago.

Adjustable Rate Mortgages:

Adjustable rate mortgage interest rates increased slightly in the last week with the 5-year Treasury-indexed hybrid ARM averaging 2.98 percent, up from 2.96 percent last week, with an average of 0.6 points. The 5-year adjustable rate mortgage averaged 3.25 percent a year earlier.

The 1-year Treasury-indexed adjustable rate mortgage also increased this week, averaging 2.98 percent with an average of 0.6 points, up from 2.88 percent the previous week. A year ago, the 1 year adjustable rate mortgage averaged 3.26 percent.

Frank Nothaft, vice president and chief economist of Freddie Mac, stated, “Fixed mortgage rates were little changed this week amid a mix of economic data reports. The economy added 80,000 net jobs in October, below the market consensus forecast, but employment gains over the prior two months were revised up by 102,000 and the unemployment rate fell to 9.0 percent, the lowest in six months. Factory orders improved in September, yet the expansion in the service industry slowed in October.”

“Soft house prices and low mortgage rates have kept home-buyer affordability historically high, according to the National Association of Realtors® (NAR). In the third quarter, 74 percent of the NAR’s metropolitan areas exhibited annual house price declines, compared to 72 percent in the second quarter. In addition, 30-year fixed mortgage rates averaged 4.3 percent in the third quarter as opposed to 4.7 percent in the second. These factors helped raise September’s NAR Housing Affordability Index to the third highest reading on record which dates back to 1971,” he added.

30-Year Fixed Rate Mortgages US NE SE NC SW W
Average 3.99 3.99 4.06 4.01 4.03 3.93
Fees & Points 0.7 0.7 0.8 0.6 0.7 0.8

15-Year Fixed Rate Mortgages US NE SE NC SW W
Average 3.30 3.32 3.32 3.28 3.36 3.24
Fees & Points 0.8 0.8 0.9 0.7 0.8 0.8

5/1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 2.98 3.07 2.91 3.13 2.96 2.83
Fees & Points 0.6 0.6 0.6 0.4 0.6 0.6
Margin 2.74 2.74 2.75 2.73 2.76 2.73

1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 2.95 3.16 2.83 3.27 2.70 2.71
Fees & Points 0.6 0.7 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 4.17   3.57   3.25   3.26   4.00   3.31   2.96   2.88  
Fees & Points 0.8   0.8   0.7   0.7   0.7   0.7   0.6   0.6  
Margin N/A N/A 2.75   2.77   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

November 10, 2011 (Shirley Allen)

The 30-year fixed rate mortgages dropped to under four percent for the second time this year but overall rates were little changed from last week according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending November 10th.

Fixed Rate Mortgages:

Fixed rate mortgage interest rates fell slightly in the last week with the 30-year fixed rate mortgage averaging 3.99 percent with an average of 0.7 points, down from last week’s average of 4.00 percent. A year ago the 30-year fixed rate mortgage averaged 4.17 percent.

The 15-year fixed rate mortgage averaged 3.30 percent this week with an average 0.8 points, down from 3.31 percent the previous week, and down from 3.57 percent a year ago.

Adjustable Rate Mortgages:

Adjustable rate mortgage interest rates increased slightly in the last week with the 5-year Treasury-indexed hybrid ARM averaging 2.98 percent, up from 2.96 percent last week, with an average of 0.6 points. The 5-year adjustable rate mortgage averaged 3.25 percent a year earlier.

The 1-year Treasury-indexed adjustable rate mortgage also increased this week, averaging 2.98 percent with an average of 0.6 points, up from 2.88 percent the previous week. A year ago, the 1 year adjustable rate mortgage averaged 3.26 percent.

Frank Nothaft, vice president and chief economist of Freddie Mac, stated, “Fixed mortgage rates were little changed this week amid a mix of economic data reports. The economy added 80,000 net jobs in October, below the market consensus forecast, but employment gains over the prior two months were revised up by 102,000 and the unemployment rate fell to 9.0 percent, the lowest in six months. Factory orders improved in September, yet the expansion in the service industry slowed in October.”

“Soft house prices and low mortgage rates have kept home-buyer affordability historically high, according to the National Association of Realtors® (NAR). In the third quarter, 74 percent of the NAR’s metropolitan areas exhibited annual house price declines, compared to 72 percent in the second quarter. In addition, 30-year fixed mortgage rates averaged 4.3 percent in the third quarter as opposed to 4.7 percent in the second. These factors helped raise September’s NAR Housing Affordability Index to the third highest reading on record which dates back to 1971,” he added.

30-Year Fixed Rate Mortgages US NE SE NC SW W
Average 3.99 3.99 4.06 4.01 4.03 3.93
Fees & Points 0.7 0.7 0.8 0.6 0.7 0.8

15-Year Fixed Rate Mortgages US NE SE NC SW W
Average 3.30 3.32 3.32 3.28 3.36 3.24
Fees & Points 0.8 0.8 0.9 0.7 0.8 0.8

5/1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 2.98 3.07 2.91 3.13 2.96 2.83
Fees & Points 0.6 0.6 0.6 0.4 0.6 0.6
Margin 2.74 2.74 2.75 2.73 2.76 2.73

1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 2.95 3.16 2.83 3.27 2.70 2.71
Fees & Points 0.6 0.7 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 4.17   3.57   3.25   3.26   4.00   3.31   2.96   2.88  
Fees & Points 0.8   0.8   0.7   0.7   0.7   0.7   0.6   0.6  
Margin N/A N/A 2.75   2.77   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

November 10, 2011 (Shirley Allen)

The 30-year fixed rate mortgages dropped to under four percent for the second time this year but overall rates were little changed from last week according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending November 10th.

Fixed Rate Mortgages:

Fixed rate mortgage interest rates fell slightly in the last week with the 30-year fixed rate mortgage averaging 3.99 percent with an average of 0.7 points, down from last week’s average of 4.00 percent. A year ago the 30-year fixed rate mortgage averaged 4.17 percent.

The 15-year fixed rate mortgage averaged 3.30 percent this week with an average 0.8 points, down from 3.31 percent the previous week, and down from 3.57 percent a year ago.

Adjustable Rate Mortgages:

Adjustable rate mortgage interest rates increased slightly in the last week with the 5-year Treasury-indexed hybrid ARM averaging 2.98 percent, up from 2.96 percent last week, with an average of 0.6 points. The 5-year adjustable rate mortgage averaged 3.25 percent a year earlier.

The 1-year Treasury-indexed adjustable rate mortgage also increased this week, averaging 2.98 percent with an average of 0.6 points, up from 2.88 percent the previous week. A year ago, the 1 year adjustable rate mortgage averaged 3.26 percent.

Frank Nothaft, vice president and chief economist of Freddie Mac, stated, “Fixed mortgage rates were little changed this week amid a mix of economic data reports. The economy added 80,000 net jobs in October, below the market consensus forecast, but employment gains over the prior two months were revised up by 102,000 and the unemployment rate fell to 9.0 percent, the lowest in six months. Factory orders improved in September, yet the expansion in the service industry slowed in October.”

“Soft house prices and low mortgage rates have kept home-buyer affordability historically high, according to the National Association of Realtors® (NAR). In the third quarter, 74 percent of the NAR’s metropolitan areas exhibited annual house price declines, compared to 72 percent in the second quarter. In addition, 30-year fixed mortgage rates averaged 4.3 percent in the third quarter as opposed to 4.7 percent in the second. These factors helped raise September’s NAR Housing Affordability Index to the third highest reading on record which dates back to 1971,” he added.

30-Year Fixed Rate Mortgages US NE SE NC SW W
Average 3.99 3.99 4.06 4.01 4.03 3.93
Fees & Points 0.7 0.7 0.8 0.6 0.7 0.8

15-Year Fixed Rate Mortgages US NE SE NC SW W
Average 3.30 3.32 3.32 3.28 3.36 3.24
Fees & Points 0.8 0.8 0.9 0.7 0.8 0.8

5/1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 2.98 3.07 2.91 3.13 2.96 2.83
Fees & Points 0.6 0.6 0.6 0.4 0.6 0.6
Margin 2.74 2.74 2.75 2.73 2.76 2.73

1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 2.95 3.16 2.83 3.27 2.70 2.71
Fees & Points 0.6 0.7 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 4.17   3.57   3.25   3.26   4.00   3.31   2.96   2.88  
Fees & Points 0.8   0.8   0.7   0.7   0.7   0.7   0.6   0.6  
Margin N/A N/A 2.75   2.77   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