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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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Thirty-Year Fixed Mortgage Rates Jump Back Over 4 Percent
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 TAKE IT TO THE NEXT LEVEL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Thirty-Year Fixed Mortgage Rates Jump Back Over 4 Percent
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
Thirty-Year Fixed Mortgage Rates Jump Back Over 4 Percent

March 22, 2012 (Shirley Allen)

Mortgage interest rates jumped across the board this week with the 30-year fixed rate mortgage climbing over the four percent barrier for the first time since last October according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending March 22nd.

Fixed Rate Mortgages:

Interest rates on fixed rate mortgages increased this week with the 30-year fixed rate averaging 4.08 percent with an average of 0.8 points, up from an average of 3.92 percent last week. A year ago, the 30-year fixed rate mortgage averaged 4.81 percent.

It’s the first time in 20 weeks that 30-year fixed mortgage rates have gone above four percent.

The 15-year fixed rate mortgage increased to an average of 3.30 percent with an average of 0.8 points, up from last week’s average of 3.16 percent. At this time last year, the 15-year fixed rate mortgage averaged 4.04 percent.

Adjustable Rate Mortgages:

Interest rates for adjustable mortgages also increased this week with the 5-year Treasury-indexed hybrid ARM averaging 2.96 percent, up from last week’s average of 2.83 percent, with an average of 0.7 points. The 5-year adjustable rate mortgage averaged 3.62 percent a year earlier.

The 1-year Treasury-indexed adjustable rate mortgage averaged 2.84 percent with an average of 0.6 points, up from last week’s average of 2.79 percent. A year ago, the 1-year adjustable rate mortgage averaged 3.21 percent.

Frank Nothaft, vice president and chief economist of Freddie Mac, stated, “Mortgage rates are catching up with increases in U.S. Treasury bond yields placing the average 30-year fixed mortgage rate above 4 percent for the first time since the end of October 2011. Bond yields rose over the past two weeks in part due to an improving assessment of the state of the economy by the Federal Reserve, better than expected results of commercial bank stress tests and the likelihood of a second bailout for Greece. Meanwhile, consumers continued to reduce their debt burdens in the fourth quarter of 2011. For instance, homeowners reduced their financial obligations ratio (debt payments as a share of disposable income) to the lowest point since the second quarter of 1994.”

30-Year Fixed Rate Mortgages US NE SE NC SW W
Average 4.08 4.08 4.13 4.08 4.11 4.05
Fees & Points 0.8 0.8 0.8 0.7 0.8 0.9

15-Year Fixed Rate Mortgages US NE SE NC SW W
Average 3.30 3.31 3.34 3.29 3.35 3.25
Fees & Points 0.8 0.7 0.9 0.7 0.8 0.9

5/1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 2.96 3.06 2.88 3.13 2.83 2.82
Fees & Points 0.7 0.7 0.8 0.7 0.9 0.8
Margin 2.74 2.73 2.75 2.72 2.77 2.74

1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 2.84 2.95 2.64 3.13 2.71 2.68
Fees & Points 0.6 0.7 0.6 0.5 0.6 0.5
Margin 2.76 2.79 2.75 2.72 2.77 2.75

The National Mortgage Rate Snapshot One Year Ago One Week Ago
  30-YR 15-YR 5/1-YR 1-YR ARM 30-YR 15-YR 5/1-YR 1-YR ARM
Average 4.81   4.04   3.62   3.21   3.92   3.16   2.83   2.79  
Fees & Points 0.7   0.7   0.6   0.6   0.8   0.8   0.8   0.6  
Margin N/A N/A 2.74   2.76   N/A N/A 2.74   2.76  

Tags: 15 year fixed, 30 year fixed, fixed rate mortgage, freddie mac, interest rates, mortgage rates, 5-year hybrid, 1-year treasury

Source:
Freddie Mac

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 22, 2012 (Shirley Allen)

Mortgage interest rates jumped across the board this week with the 30-year fixed rate mortgage climbing over the four percent barrier for the first time since last October according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending March 22nd.

Fixed Rate Mortgages:

Interest rates on fixed rate mortgages increased this week with the 30-year fixed rate averaging 4.08 percent with an average of 0.8 points, up from an average of 3.92 percent last week. A year ago, the 30-year fixed rate mortgage averaged 4.81 percent.

It’s the first time in 20 weeks that 30-year fixed mortgage rates have gone above four percent.

The 15-year fixed rate mortgage increased to an average of 3.30 percent with an average of 0.8 points, up from last week’s average of 3.16 percent. At this time last year, the 15-year fixed rate mortgage averaged 4.04 percent.

Adjustable Rate Mortgages:

Interest rates for adjustable mortgages also increased this week with the 5-year Treasury-indexed hybrid ARM averaging 2.96 percent, up from last week’s average of 2.83 percent, with an average of 0.7 points. The 5-year adjustable rate mortgage averaged 3.62 percent a year earlier.

The 1-year Treasury-indexed adjustable rate mortgage averaged 2.84 percent with an average of 0.6 points, up from last week’s average of 2.79 percent. A year ago, the 1-year adjustable rate mortgage averaged 3.21 percent.

Frank Nothaft, vice president and chief economist of Freddie Mac, stated, “Mortgage rates are catching up with increases in U.S. Treasury bond yields placing the average 30-year fixed mortgage rate above 4 percent for the first time since the end of October 2011. Bond yields rose over the past two weeks in part due to an improving assessment of the state of the economy by the Federal Reserve, better than expected results of commercial bank stress tests and the likelihood of a second bailout for Greece. Meanwhile, consumers continued to reduce their debt burdens in the fourth quarter of 2011. For instance, homeowners reduced their financial obligations ratio (debt payments as a share of disposable income) to the lowest point since the second quarter of 1994.”

30-Year Fixed Rate Mortgages US NE SE NC SW W
Average 4.08 4.08 4.13 4.08 4.11 4.05
Fees & Points 0.8 0.8 0.8 0.7 0.8 0.9

15-Year Fixed Rate Mortgages US NE SE NC SW W
Average 3.30 3.31 3.34 3.29 3.35 3.25
Fees & Points 0.8 0.7 0.9 0.7 0.8 0.9

5/1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 2.96 3.06 2.88 3.13 2.83 2.82
Fees & Points 0.7 0.7 0.8 0.7 0.9 0.8
Margin 2.74 2.73 2.75 2.72 2.77 2.74

1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 2.84 2.95 2.64 3.13 2.71 2.68
Fees & Points 0.6 0.7 0.6 0.5 0.6 0.5
Margin 2.76 2.79 2.75 2.72 2.77 2.75

The National Mortgage Rate Snapshot One Year Ago One Week Ago
  30-YR 15-YR 5/1-YR 1-YR ARM 30-YR 15-YR 5/1-YR 1-YR ARM
Average 4.81   4.04   3.62   3.21   3.92   3.16   2.83   2.79  
Fees & Points 0.7   0.7   0.6   0.6   0.8   0.8   0.8   0.6  
Margin N/A N/A 2.74   2.76   N/A N/A 2.74   2.76  

Tags: 15 year fixed, 30 year fixed, fixed rate mortgage, freddie mac, interest rates, mortgage rates, 5-year hybrid, 1-year treasury

Source:
Freddie Mac

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 22, 2012 (Shirley Allen)

Mortgage interest rates jumped across the board this week with the 30-year fixed rate mortgage climbing over the four percent barrier for the first time since last October according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending March 22nd.

Fixed Rate Mortgages:

Interest rates on fixed rate mortgages increased this week with the 30-year fixed rate averaging 4.08 percent with an average of 0.8 points, up from an average of 3.92 percent last week. A year ago, the 30-year fixed rate mortgage averaged 4.81 percent.

It’s the first time in 20 weeks that 30-year fixed mortgage rates have gone above four percent.

The 15-year fixed rate mortgage increased to an average of 3.30 percent with an average of 0.8 points, up from last week’s average of 3.16 percent. At this time last year, the 15-year fixed rate mortgage averaged 4.04 percent.

Adjustable Rate Mortgages:

Interest rates for adjustable mortgages also increased this week with the 5-year Treasury-indexed hybrid ARM averaging 2.96 percent, up from last week’s average of 2.83 percent, with an average of 0.7 points. The 5-year adjustable rate mortgage averaged 3.62 percent a year earlier.

The 1-year Treasury-indexed adjustable rate mortgage averaged 2.84 percent with an average of 0.6 points, up from last week’s average of 2.79 percent. A year ago, the 1-year adjustable rate mortgage averaged 3.21 percent.

Frank Nothaft, vice president and chief economist of Freddie Mac, stated, “Mortgage rates are catching up with increases in U.S. Treasury bond yields placing the average 30-year fixed mortgage rate above 4 percent for the first time since the end of October 2011. Bond yields rose over the past two weeks in part due to an improving assessment of the state of the economy by the Federal Reserve, better than expected results of commercial bank stress tests and the likelihood of a second bailout for Greece. Meanwhile, consumers continued to reduce their debt burdens in the fourth quarter of 2011. For instance, homeowners reduced their financial obligations ratio (debt payments as a share of disposable income) to the lowest point since the second quarter of 1994.”

30-Year Fixed Rate Mortgages US NE SE NC SW W
Average 4.08 4.08 4.13 4.08 4.11 4.05
Fees & Points 0.8 0.8 0.8 0.7 0.8 0.9

15-Year Fixed Rate Mortgages US NE SE NC SW W
Average 3.30 3.31 3.34 3.29 3.35 3.25
Fees & Points 0.8 0.7 0.9 0.7 0.8 0.9

5/1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 2.96 3.06 2.88 3.13 2.83 2.82
Fees & Points 0.7 0.7 0.8 0.7 0.9 0.8
Margin 2.74 2.73 2.75 2.72 2.77 2.74

1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 2.84 2.95 2.64 3.13 2.71 2.68
Fees & Points 0.6 0.7 0.6 0.5 0.6 0.5
Margin 2.76 2.79 2.75 2.72 2.77 2.75

The National Mortgage Rate Snapshot One Year Ago One Week Ago
  30-YR 15-YR 5/1-YR 1-YR ARM 30-YR 15-YR 5/1-YR 1-YR ARM
Average 4.81   4.04   3.62   3.21   3.92   3.16   2.83   2.79  
Fees & Points 0.7   0.7   0.6   0.6   0.8   0.8   0.8   0.6  
Margin N/A N/A 2.74   2.76   N/A N/A 2.74   2.76  

Tags: 15 year fixed, 30 year fixed, fixed rate mortgage, freddie mac, interest rates, mortgage rates, 5-year hybrid, 1-year treasury

Source:
Freddie Mac

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