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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
Pending Home Sales Decline for Third Consecutive Month
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
Pending Home Sales Decline for Third Consecutive Month
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
Pending Home Sales Decline for Third Consecutive Month

October 27, 2011 (Chris Moore)

The Pending Home Sales Index (PHSI) declined by 4.6 percent to 84.5 in September according to the National Association of Realtors (NAR). This is the third consecutive month that the Index has posted a decline.

Contract activity still remained 6.4 percent higher than last year when the Index stood at 79.4.

All regions in the Index posted a decline in their monthly level of sales contract activity, but remained higher than the levels posted a year ago.

Pending home sales in the South declined by 5.5 percent to 91.6 but were 5.0 percent higher than a year ago, while in the West, pending home sales fell 2.1 percent to 105.8, but were 5.6 percent higher than in September of 2010.

In the Northeast, the PHSI slipped 4.7 percent to 60.6 in September, but was still 4.0 percent higher than September 2010, and in the Midwest, the Index fell 6.2 percent to 71.5, but was 12.3 percent higher than a year ago.

The PHSI is a forward looking indicator which generally indicates closings one to two months in the future.

Lawrence Yun, chief economist of NAR, blamed an underperforming housing market on tight credit standards and on contradicting and confusing government policies.

“A combination of weak consumer confidence and continuing tight lending criteria held back home buyers, even though the private sector added nearly 2 million net new jobs in the past 12 months,” he said.

“America’s monetary policy is contradictory and confusing, where some consumers with the best financial capacity and top-notch credit scores pay higher mortgage interest rates,” Yun said. “The Federal Reserve evidently has been attempting to lower mortgage rates, yet more consumers are faced with taking out jumbo loans that carry higher interest rates,” he added.

Yun was referring to the Federal Reserve’s latest attempts to keep mortgage rates low by swapping short term debt for long term debt yet the federal government allowed the higher conforming loan rates to expire at the end of September which has resulted in some buyers now needing to take out jumbo loans for their purchases which carry a higher interest rate.

Tags: NAR, pending home sales, existing home sales, tight credit, economic uncertainty, housing recovery

Source:
NAR

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 27, 2011 (Chris Moore)

The Pending Home Sales Index (PHSI) declined by 4.6 percent to 84.5 in September according to the National Association of Realtors (NAR). This is the third consecutive month that the Index has posted a decline.

Contract activity still remained 6.4 percent higher than last year when the Index stood at 79.4.

All regions in the Index posted a decline in their monthly level of sales contract activity, but remained higher than the levels posted a year ago.

Pending home sales in the South declined by 5.5 percent to 91.6 but were 5.0 percent higher than a year ago, while in the West, pending home sales fell 2.1 percent to 105.8, but were 5.6 percent higher than in September of 2010.

In the Northeast, the PHSI slipped 4.7 percent to 60.6 in September, but was still 4.0 percent higher than September 2010, and in the Midwest, the Index fell 6.2 percent to 71.5, but was 12.3 percent higher than a year ago.

The PHSI is a forward looking indicator which generally indicates closings one to two months in the future.

Lawrence Yun, chief economist of NAR, blamed an underperforming housing market on tight credit standards and on contradicting and confusing government policies.

“A combination of weak consumer confidence and continuing tight lending criteria held back home buyers, even though the private sector added nearly 2 million net new jobs in the past 12 months,” he said.

“America’s monetary policy is contradictory and confusing, where some consumers with the best financial capacity and top-notch credit scores pay higher mortgage interest rates,” Yun said. “The Federal Reserve evidently has been attempting to lower mortgage rates, yet more consumers are faced with taking out jumbo loans that carry higher interest rates,” he added.

Yun was referring to the Federal Reserve’s latest attempts to keep mortgage rates low by swapping short term debt for long term debt yet the federal government allowed the higher conforming loan rates to expire at the end of September which has resulted in some buyers now needing to take out jumbo loans for their purchases which carry a higher interest rate.

Tags: NAR, pending home sales, existing home sales, tight credit, economic uncertainty, housing recovery

Source:
NAR

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 27, 2011 (Chris Moore)

The Pending Home Sales Index (PHSI) declined by 4.6 percent to 84.5 in September according to the National Association of Realtors (NAR). This is the third consecutive month that the Index has posted a decline.

Contract activity still remained 6.4 percent higher than last year when the Index stood at 79.4.

All regions in the Index posted a decline in their monthly level of sales contract activity, but remained higher than the levels posted a year ago.

Pending home sales in the South declined by 5.5 percent to 91.6 but were 5.0 percent higher than a year ago, while in the West, pending home sales fell 2.1 percent to 105.8, but were 5.6 percent higher than in September of 2010.

In the Northeast, the PHSI slipped 4.7 percent to 60.6 in September, but was still 4.0 percent higher than September 2010, and in the Midwest, the Index fell 6.2 percent to 71.5, but was 12.3 percent higher than a year ago.

The PHSI is a forward looking indicator which generally indicates closings one to two months in the future.

Lawrence Yun, chief economist of NAR, blamed an underperforming housing market on tight credit standards and on contradicting and confusing government policies.

“A combination of weak consumer confidence and continuing tight lending criteria held back home buyers, even though the private sector added nearly 2 million net new jobs in the past 12 months,” he said.

“America’s monetary policy is contradictory and confusing, where some consumers with the best financial capacity and top-notch credit scores pay higher mortgage interest rates,” Yun said. “The Federal Reserve evidently has been attempting to lower mortgage rates, yet more consumers are faced with taking out jumbo loans that carry higher interest rates,” he added.

Yun was referring to the Federal Reserve’s latest attempts to keep mortgage rates low by swapping short term debt for long term debt yet the federal government allowed the higher conforming loan rates to expire at the end of September which has resulted in some buyers now needing to take out jumbo loans for their purchases which carry a higher interest rate.

Tags: NAR, pending home sales, existing home sales, tight credit, economic uncertainty, housing recovery

Source:
NAR

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