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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.
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.
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LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
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New Single Family Home Sales Plummet, Well Maybe
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 Single Family Home Sales Plummet, Well Maybe
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 Single Family Home Sales Plummet, Well Maybe

March 24, 2011 (Chris Moore)
mortgage-newhomesale-image
Sales of new single family homes plummeted by 16.9 percent in February, compared to January, to a seasonally adjusted annual rate of 250,000 according to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). However, there is a huge asterisk next to that data as the estimate could be off by as much as 19.1 percent.

The drop in sales compares to a revised rate of 301,000 in January and is 28 percent lower than February 2010 which was at a rate of 347,000.

The Census Bureau figures are survey estimates subject to large sampling errors. Monthly estimates are almost always revised. With a margin of error of 19 percent, the actual figure could be anywhere from 202,000 to 298,000, however, they do provide a rough estimate of how things are trending. For example, January’s new home sales was originally estimated at 284,000, but was later revised to 301,000. Compare that to February 2010’s figures, and one can assert that there has been a definite decline in new home sales.

The median sales price of a new home sold in February was $202,100, while the average sales price was $246,000.

The report calculates that based upon the seasonally adjusted estimate of 186,000 new homes for sale at the end of February, that there is an 8.9 month supply of homes on the market.

By region, the Northeast reported 15,000 new home sales, the Midwest reported 29,000 sales, the South reported 148,000 sales, and the West reported 58,000 new home sales.

Tags: single family home sales, census bureau, HUD, median sales price, average sales price

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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.
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March 24, 2011 (Chris Moore)
mortgage-newhomesale-image
Sales of new single family homes plummeted by 16.9 percent in February, compared to January, to a seasonally adjusted annual rate of 250,000 according to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). However, there is a huge asterisk next to that data as the estimate could be off by as much as 19.1 percent.

The drop in sales compares to a revised rate of 301,000 in January and is 28 percent lower than February 2010 which was at a rate of 347,000.

The Census Bureau figures are survey estimates subject to large sampling errors. Monthly estimates are almost always revised. With a margin of error of 19 percent, the actual figure could be anywhere from 202,000 to 298,000, however, they do provide a rough estimate of how things are trending. For example, January’s new home sales was originally estimated at 284,000, but was later revised to 301,000. Compare that to February 2010’s figures, and one can assert that there has been a definite decline in new home sales.

The median sales price of a new home sold in February was $202,100, while the average sales price was $246,000.

The report calculates that based upon the seasonally adjusted estimate of 186,000 new homes for sale at the end of February, that there is an 8.9 month supply of homes on the market.

By region, the Northeast reported 15,000 new home sales, the Midwest reported 29,000 sales, the South reported 148,000 sales, and the West reported 58,000 new home sales.

Tags: single family home sales, census bureau, HUD, median sales price, average sales price

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

March 24, 2011 (Chris Moore)
mortgage-newhomesale-image
Sales of new single family homes plummeted by 16.9 percent in February, compared to January, to a seasonally adjusted annual rate of 250,000 according to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). However, there is a huge asterisk next to that data as the estimate could be off by as much as 19.1 percent.

The drop in sales compares to a revised rate of 301,000 in January and is 28 percent lower than February 2010 which was at a rate of 347,000.

The Census Bureau figures are survey estimates subject to large sampling errors. Monthly estimates are almost always revised. With a margin of error of 19 percent, the actual figure could be anywhere from 202,000 to 298,000, however, they do provide a rough estimate of how things are trending. For example, January’s new home sales was originally estimated at 284,000, but was later revised to 301,000. Compare that to February 2010’s figures, and one can assert that there has been a definite decline in new home sales.

The median sales price of a new home sold in February was $202,100, while the average sales price was $246,000.

The report calculates that based upon the seasonally adjusted estimate of 186,000 new homes for sale at the end of February, that there is an 8.9 month supply of homes on the market.

By region, the Northeast reported 15,000 new home sales, the Midwest reported 29,000 sales, the South reported 148,000 sales, and the West reported 58,000 new home sales.

Tags: single family home sales, census bureau, HUD, median sales price, average sales price

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