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
Third Quarter Home Prices a Mixed Bag
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
Third Quarter Home Prices a Mixed Bag
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
Third Quarter Home Prices a Mixed Bag

November 12 2010 (Chris Moore)
home-value-picture
Depending on if you’re a “the glass is half full” or a “the glass is half empty” type of person is pretty much how you would sum up home prices for the third quarter of 2010. According to the National Association of Realtors (NAR), compared to the same period last year, the median price for home resales fell in 76 out of 155 areas in which NAR tracks. Prices rose in 77 areas and were unchanged in two.

In the second of 2010 prices rose in nearly two-thirds of the 155. The drop in the number of areas in which prices rose indicates that the market is losing steam without government tax credits.

The national median price for single-family homes, however, was nearly unchanged. It was $177,900 in the July-September quarter, down 0.2% from a year earlier which is quite encouraging considering total sales are down 25 percent from the second quarter and 21 percent lower than a year earlier.

However, Celia Chen, a senior director with Moody’s Analytics stated, “Foreclosure sales are going to increase into next year, which will cause prices to decline further.”

Several lenders have stopped seizing properties over the past six weeks to fix document flaws. Once banks resolve those problems, analysts expect foreclosures to climb again which will exert downward pressure on home prices.

The metro areas showing the biggest declines in home prices from a year earlier were Ocala, Fla. (20%), Melbourne, Fla. (15%), and Tucson, Ariz. (15%).

Areas showing the biggest gains were Burlington, Vt. (18%), Elmira, N.Y. (17%), and Dallas (14%).

NAR estimated nationwide, “distressed property” including foreclosures and homes at risk of foreclosure, accounted for 34% of third-quarter transactions which is up from 30% a year earlier.

“Prices this year have been changing very little from year-ago readings,” said Lawrence Yun, the Realtors’ chief economist. “Areas with some larger swings in home price reflect the degree of distressed sales in those markets.”

Tags: NAR, home prices, distressed property, median home price, home resales, foreclosure

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 12 2010 (Chris Moore)
home-value-picture
Depending on if you’re a “the glass is half full” or a “the glass is half empty” type of person is pretty much how you would sum up home prices for the third quarter of 2010. According to the National Association of Realtors (NAR), compared to the same period last year, the median price for home resales fell in 76 out of 155 areas in which NAR tracks. Prices rose in 77 areas and were unchanged in two.

In the second of 2010 prices rose in nearly two-thirds of the 155. The drop in the number of areas in which prices rose indicates that the market is losing steam without government tax credits.

The national median price for single-family homes, however, was nearly unchanged. It was $177,900 in the July-September quarter, down 0.2% from a year earlier which is quite encouraging considering total sales are down 25 percent from the second quarter and 21 percent lower than a year earlier.

However, Celia Chen, a senior director with Moody’s Analytics stated, “Foreclosure sales are going to increase into next year, which will cause prices to decline further.”

Several lenders have stopped seizing properties over the past six weeks to fix document flaws. Once banks resolve those problems, analysts expect foreclosures to climb again which will exert downward pressure on home prices.

The metro areas showing the biggest declines in home prices from a year earlier were Ocala, Fla. (20%), Melbourne, Fla. (15%), and Tucson, Ariz. (15%).

Areas showing the biggest gains were Burlington, Vt. (18%), Elmira, N.Y. (17%), and Dallas (14%).

NAR estimated nationwide, “distressed property” including foreclosures and homes at risk of foreclosure, accounted for 34% of third-quarter transactions which is up from 30% a year earlier.

“Prices this year have been changing very little from year-ago readings,” said Lawrence Yun, the Realtors’ chief economist. “Areas with some larger swings in home price reflect the degree of distressed sales in those markets.”

Tags: NAR, home prices, distressed property, median home price, home resales, foreclosure

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 12 2010 (Chris Moore)
home-value-picture
Depending on if you’re a “the glass is half full” or a “the glass is half empty” type of person is pretty much how you would sum up home prices for the third quarter of 2010. According to the National Association of Realtors (NAR), compared to the same period last year, the median price for home resales fell in 76 out of 155 areas in which NAR tracks. Prices rose in 77 areas and were unchanged in two.

In the second of 2010 prices rose in nearly two-thirds of the 155. The drop in the number of areas in which prices rose indicates that the market is losing steam without government tax credits.

The national median price for single-family homes, however, was nearly unchanged. It was $177,900 in the July-September quarter, down 0.2% from a year earlier which is quite encouraging considering total sales are down 25 percent from the second quarter and 21 percent lower than a year earlier.

However, Celia Chen, a senior director with Moody’s Analytics stated, “Foreclosure sales are going to increase into next year, which will cause prices to decline further.”

Several lenders have stopped seizing properties over the past six weeks to fix document flaws. Once banks resolve those problems, analysts expect foreclosures to climb again which will exert downward pressure on home prices.

The metro areas showing the biggest declines in home prices from a year earlier were Ocala, Fla. (20%), Melbourne, Fla. (15%), and Tucson, Ariz. (15%).

Areas showing the biggest gains were Burlington, Vt. (18%), Elmira, N.Y. (17%), and Dallas (14%).

NAR estimated nationwide, “distressed property” including foreclosures and homes at risk of foreclosure, accounted for 34% of third-quarter transactions which is up from 30% a year earlier.

“Prices this year have been changing very little from year-ago readings,” said Lawrence Yun, the Realtors’ chief economist. “Areas with some larger swings in home price reflect the degree of distressed sales in those markets.”

Tags: NAR, home prices, distressed property, median home price, home resales, foreclosure

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