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READ OUR DISCLOSURE
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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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Purchase Applications, Refi’s Mixed as Mortgage Rates Remain Stable
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
Purchase Applications, Refi’s Mixed as Mortgage Rates Remain Stable
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
Purchase Applications, Refi’s Mixed as Mortgage Rates Remain Stable

January 5 2011 (Chris Moore)
up-down-interest-rate-image
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the two weeks ending December 24, 2010 and December 31 2010. The Market Composite Index, a measure of mortgage loan application volume, decreased 3.9 percent on a seasonally adjusted basis for the week ending December 24, but increased 2.3 percent for the week ending December 31.

On an unadjusted basis, the Index decreased 23.7 percent compared with the previous week before Christmas and decreased 10.0 percent last week (December 31).

The seasonally adjusted Purchase Index increased 3.1 percent for the week ending December 24 and decreased 0.8 percent the week after.

The unadjusted Purchase Index decreased 18.1 percent compared with the week before Christmas and decreased 12.2 percent the week after. The unadjusted Purchase Index was 12.1 percent higher and 6.1 percent lower respectively, compared to the same period last year.

For the week ending December 24, the Refinance Index decreased 7.2 percent from the previous week and increased 3.9 percent the following week.

The refinance share of mortgage activity for the week of December 24 decreased to 70.3 percent of total applications from 72.3 percent the previous week, and increased to 71.0 percent the week of December 31.

The average contract interest rate for 30-year fixed-rate mortgages increased to 4.93 percent from 4.84 percent for the week ending December 24, with points decreasing to 0.63 from 0.96 (including the origination fee) for 80 percent loan-to-value (LTV) ratio loans and for the week ending December 31, the average contract interest rate decreased to 4.82 with points increasing to 1.11.

The average contract interest rate for 15-year fixed-rate remained unchanged at 4.22 percent for the week ending December 24, with points increasing to 1.34 from 1.19 (including the origination fee) for 80 percent LTV loans and for the week ending December 31, the average contract rate increased to 4.23 percent with points decreasing to 1.00.

Tags: MBA, home purchase applications, mortgage rates, fixed rate mortgage, adjustable rate mortgage, refinance, interest rate

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.
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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

January 5 2011 (Chris Moore)
up-down-interest-rate-image
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the two weeks ending December 24, 2010 and December 31 2010. The Market Composite Index, a measure of mortgage loan application volume, decreased 3.9 percent on a seasonally adjusted basis for the week ending December 24, but increased 2.3 percent for the week ending December 31.

On an unadjusted basis, the Index decreased 23.7 percent compared with the previous week before Christmas and decreased 10.0 percent last week (December 31).

The seasonally adjusted Purchase Index increased 3.1 percent for the week ending December 24 and decreased 0.8 percent the week after.

The unadjusted Purchase Index decreased 18.1 percent compared with the week before Christmas and decreased 12.2 percent the week after. The unadjusted Purchase Index was 12.1 percent higher and 6.1 percent lower respectively, compared to the same period last year.

For the week ending December 24, the Refinance Index decreased 7.2 percent from the previous week and increased 3.9 percent the following week.

The refinance share of mortgage activity for the week of December 24 decreased to 70.3 percent of total applications from 72.3 percent the previous week, and increased to 71.0 percent the week of December 31.

The average contract interest rate for 30-year fixed-rate mortgages increased to 4.93 percent from 4.84 percent for the week ending December 24, with points decreasing to 0.63 from 0.96 (including the origination fee) for 80 percent loan-to-value (LTV) ratio loans and for the week ending December 31, the average contract interest rate decreased to 4.82 with points increasing to 1.11.

The average contract interest rate for 15-year fixed-rate remained unchanged at 4.22 percent for the week ending December 24, with points increasing to 1.34 from 1.19 (including the origination fee) for 80 percent LTV loans and for the week ending December 31, the average contract rate increased to 4.23 percent with points decreasing to 1.00.

Tags: MBA, home purchase applications, mortgage rates, fixed rate mortgage, adjustable rate mortgage, refinance, interest rate

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

January 5 2011 (Chris Moore)
up-down-interest-rate-image
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the two weeks ending December 24, 2010 and December 31 2010. The Market Composite Index, a measure of mortgage loan application volume, decreased 3.9 percent on a seasonally adjusted basis for the week ending December 24, but increased 2.3 percent for the week ending December 31.

On an unadjusted basis, the Index decreased 23.7 percent compared with the previous week before Christmas and decreased 10.0 percent last week (December 31).

The seasonally adjusted Purchase Index increased 3.1 percent for the week ending December 24 and decreased 0.8 percent the week after.

The unadjusted Purchase Index decreased 18.1 percent compared with the week before Christmas and decreased 12.2 percent the week after. The unadjusted Purchase Index was 12.1 percent higher and 6.1 percent lower respectively, compared to the same period last year.

For the week ending December 24, the Refinance Index decreased 7.2 percent from the previous week and increased 3.9 percent the following week.

The refinance share of mortgage activity for the week of December 24 decreased to 70.3 percent of total applications from 72.3 percent the previous week, and increased to 71.0 percent the week of December 31.

The average contract interest rate for 30-year fixed-rate mortgages increased to 4.93 percent from 4.84 percent for the week ending December 24, with points decreasing to 0.63 from 0.96 (including the origination fee) for 80 percent loan-to-value (LTV) ratio loans and for the week ending December 31, the average contract interest rate decreased to 4.82 with points increasing to 1.11.

The average contract interest rate for 15-year fixed-rate remained unchanged at 4.22 percent for the week ending December 24, with points increasing to 1.34 from 1.19 (including the origination fee) for 80 percent LTV loans and for the week ending December 31, the average contract rate increased to 4.23 percent with points decreasing to 1.00.

Tags: MBA, home purchase applications, mortgage rates, fixed rate mortgage, adjustable rate mortgage, refinance, interest rate

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