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
New Home Sales Hold Steady in September, Prices Dip
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
New Home Sales Hold Steady in September, Prices Dip
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
New Home Sales Hold Steady in September, Prices Dip

October 25, 2012 (Chris Moore)

The nation’s new home builders sold virtually the same amount of homes in September as they did in August but a slightly higher percentage of sub-$300,000 homes caused prices to dip slightly according to the latest housing data released by the Census Bureau.

Sales of new single-family homes increased 5.7 percent in September to a seasonally adjusted rate of 389,000, up from a sales rate of 368,000 in August. On an unadjusted basis, new home sales were unchanged from the previous month.

The rate of sales in September was 27.1 percent higher than the estimated sales rate of 306,000 units in September of 2011. Sales were also 29.2 percent higher than in September of last year on an unadjusted basis. Through the end of September, new home sales are 21.8 percent higher than at the same time last year.

The median sales price of the new homes sold in September was $242,400, which was down from a revised $250,400 in August. The average sales price for a new home in September was $292,400, down from a revised $293,900 in August.

Sixty-eight percent of the new single-family homes sold in September were under $300,000, up from 65 percent in August.

In September of last year, the median sales price of a new home was 10.5 percent lower at $217,000, while the average sales price was 12.7 percent lower at $255,400.

Three of the four national regions posted increases in seasonally adjusted monthly sales led by a 16.8 percent gain in the South, closely followed by a gain of 16.7 percent in the Northeast with the West reporting a gain of 3.9 percent.

The Midwest reported the only decline in sales, falling 37.3 percent from the previous month.

Compared to a year ago, three of the four regions also showed improvement with the Northeast posting the largest increase of 75.0 percent followed by the West at 62.1 percent and the South at 24.3 percent. The Midwest also reported the only annual decline with new home sales falling 31.9 percent from the previous year.

Inventory of new single-family homes increased to a seasonally adjusted 145,000 homes available for sale, which translates into a 4.5 months supply of inventory, down from a revised 4.7 months supply the previous month.

Tags: Census Bureau, new home sales, single-family homes, median sales price, average sales price

Source:
Census Bureau

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 25, 2012 (Chris Moore)

The nation’s new home builders sold virtually the same amount of homes in September as they did in August but a slightly higher percentage of sub-$300,000 homes caused prices to dip slightly according to the latest housing data released by the Census Bureau.

Sales of new single-family homes increased 5.7 percent in September to a seasonally adjusted rate of 389,000, up from a sales rate of 368,000 in August. On an unadjusted basis, new home sales were unchanged from the previous month.

The rate of sales in September was 27.1 percent higher than the estimated sales rate of 306,000 units in September of 2011. Sales were also 29.2 percent higher than in September of last year on an unadjusted basis. Through the end of September, new home sales are 21.8 percent higher than at the same time last year.

The median sales price of the new homes sold in September was $242,400, which was down from a revised $250,400 in August. The average sales price for a new home in September was $292,400, down from a revised $293,900 in August.

Sixty-eight percent of the new single-family homes sold in September were under $300,000, up from 65 percent in August.

In September of last year, the median sales price of a new home was 10.5 percent lower at $217,000, while the average sales price was 12.7 percent lower at $255,400.

Three of the four national regions posted increases in seasonally adjusted monthly sales led by a 16.8 percent gain in the South, closely followed by a gain of 16.7 percent in the Northeast with the West reporting a gain of 3.9 percent.

The Midwest reported the only decline in sales, falling 37.3 percent from the previous month.

Compared to a year ago, three of the four regions also showed improvement with the Northeast posting the largest increase of 75.0 percent followed by the West at 62.1 percent and the South at 24.3 percent. The Midwest also reported the only annual decline with new home sales falling 31.9 percent from the previous year.

Inventory of new single-family homes increased to a seasonally adjusted 145,000 homes available for sale, which translates into a 4.5 months supply of inventory, down from a revised 4.7 months supply the previous month.

Tags: Census Bureau, new home sales, single-family homes, median sales price, average sales price

Source:
Census Bureau

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 25, 2012 (Chris Moore)

The nation’s new home builders sold virtually the same amount of homes in September as they did in August but a slightly higher percentage of sub-$300,000 homes caused prices to dip slightly according to the latest housing data released by the Census Bureau.

Sales of new single-family homes increased 5.7 percent in September to a seasonally adjusted rate of 389,000, up from a sales rate of 368,000 in August. On an unadjusted basis, new home sales were unchanged from the previous month.

The rate of sales in September was 27.1 percent higher than the estimated sales rate of 306,000 units in September of 2011. Sales were also 29.2 percent higher than in September of last year on an unadjusted basis. Through the end of September, new home sales are 21.8 percent higher than at the same time last year.

The median sales price of the new homes sold in September was $242,400, which was down from a revised $250,400 in August. The average sales price for a new home in September was $292,400, down from a revised $293,900 in August.

Sixty-eight percent of the new single-family homes sold in September were under $300,000, up from 65 percent in August.

In September of last year, the median sales price of a new home was 10.5 percent lower at $217,000, while the average sales price was 12.7 percent lower at $255,400.

Three of the four national regions posted increases in seasonally adjusted monthly sales led by a 16.8 percent gain in the South, closely followed by a gain of 16.7 percent in the Northeast with the West reporting a gain of 3.9 percent.

The Midwest reported the only decline in sales, falling 37.3 percent from the previous month.

Compared to a year ago, three of the four regions also showed improvement with the Northeast posting the largest increase of 75.0 percent followed by the West at 62.1 percent and the South at 24.3 percent. The Midwest also reported the only annual decline with new home sales falling 31.9 percent from the previous year.

Inventory of new single-family homes increased to a seasonally adjusted 145,000 homes available for sale, which translates into a 4.5 months supply of inventory, down from a revised 4.7 months supply the previous month.

Tags: Census Bureau, new home sales, single-family homes, median sales price, average sales price

Source:
Census Bureau

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