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
Thirty-Year Fixed Mortgage Rates Rise After Three Weeks at Record Low
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
Thirty-Year Fixed Mortgage Rates Rise After Three Weeks at Record Low
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 Rise After Three Weeks at Record Low

February 23, 2012 (Shirley Allen)

Thirty-year fixed rate mortgages edged up this week after a three week stay at its record low according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending February 23rd.

Fixed Rate Mortgages:

Interest rates on fixed rate mortgages climbed this week with the 30-year fixed rate averaging 3.95 percent with an average of 0.8 points, up from an average of 3.87 percent over the last three weeks. A year ago, the 30-year fixed rate mortgage averaged 4.95 percent.

It was the 16th consecutive week that 30-year fixed mortgage rates have been four percent or less.

The 15-year fixed rate mortgage averaged 3.19 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 4.22 percent.

Adjustable Rate Mortgages:

Conversely, interest rates for adjustable mortgages fell this week with the 5-year Treasury-indexed hybrid ARM averaging 2.80 percent, down from last week’s average of 2.82 percent, with an average of 0.7 points. The 5-year adjustable rate mortgage averaged 3.80 percent a year earlier.

The 1-year Treasury-indexed adjustable rate mortgage also declined this week averaging 2.73 percent with an average of 0.6 points, down from an average of 2.84 percent a week ago. A year ago, the 1-year adjustable rate mortgage averaged 3.40 percent.

Frank Nothaft, vice president and chief economist of Freddie Mac, stated, “New data releases this week suggest the housing market is continuing to gradually improve. Loans that were seriously delinquent (90 days or more past due plus the foreclosure inventory) fell to 5.3 percent of prime mortgages at the end of 2011, representing the lowest quarterly share since the start of 2009, according to the Mortgage Bankers Association. The Census Bureau reported new residential construction starts in January outpaced the market consensus forecast, led by condominiums and apartment buildings, and December’s figures had upward revisions. Finally, existing home sales were at the strongest pace in January since May 2010, according to the National Association of Realtors®”

30-Year Fixed Rate Mortgages US NE SE NC SW W
Average 3.95 3.95 3.97 3.95 3.97 3.91
Fees & Points 0.8 0.8 0.8 0.8 0.9 0.8

15-Year Fixed Rate Mortgages US NE SE NC SW W
Average 3.19 3.20 3.19 3.19 3.24 3.14
Fees & Points 0.8 0.7 0.8 0.7 0.8 0.8

5/1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 2.80 2.79 2.80 2.94 2.71 2.74
Fees & Points 0.7 0.9 0.7 0.5 0.9 0.7
Margin 2.74 2.74 2.75 2.73 2.76 2.74

1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 2.73 2.80 2.61 2.90 2.64 2.64
Fees & Points 0.6 0.8 0.6 0.5 0.6 0.5
Margin 2.76 2.78 2.75 2.73 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 4.95   4.22   3.80   3.40   3.87   3.16   2.82   2.84  
Fees & Points 0.6   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

February 23, 2012 (Shirley Allen)

Thirty-year fixed rate mortgages edged up this week after a three week stay at its record low according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending February 23rd.

Fixed Rate Mortgages:

Interest rates on fixed rate mortgages climbed this week with the 30-year fixed rate averaging 3.95 percent with an average of 0.8 points, up from an average of 3.87 percent over the last three weeks. A year ago, the 30-year fixed rate mortgage averaged 4.95 percent.

It was the 16th consecutive week that 30-year fixed mortgage rates have been four percent or less.

The 15-year fixed rate mortgage averaged 3.19 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 4.22 percent.

Adjustable Rate Mortgages:

Conversely, interest rates for adjustable mortgages fell this week with the 5-year Treasury-indexed hybrid ARM averaging 2.80 percent, down from last week’s average of 2.82 percent, with an average of 0.7 points. The 5-year adjustable rate mortgage averaged 3.80 percent a year earlier.

The 1-year Treasury-indexed adjustable rate mortgage also declined this week averaging 2.73 percent with an average of 0.6 points, down from an average of 2.84 percent a week ago. A year ago, the 1-year adjustable rate mortgage averaged 3.40 percent.

Frank Nothaft, vice president and chief economist of Freddie Mac, stated, “New data releases this week suggest the housing market is continuing to gradually improve. Loans that were seriously delinquent (90 days or more past due plus the foreclosure inventory) fell to 5.3 percent of prime mortgages at the end of 2011, representing the lowest quarterly share since the start of 2009, according to the Mortgage Bankers Association. The Census Bureau reported new residential construction starts in January outpaced the market consensus forecast, led by condominiums and apartment buildings, and December’s figures had upward revisions. Finally, existing home sales were at the strongest pace in January since May 2010, according to the National Association of Realtors®”

30-Year Fixed Rate Mortgages US NE SE NC SW W
Average 3.95 3.95 3.97 3.95 3.97 3.91
Fees & Points 0.8 0.8 0.8 0.8 0.9 0.8

15-Year Fixed Rate Mortgages US NE SE NC SW W
Average 3.19 3.20 3.19 3.19 3.24 3.14
Fees & Points 0.8 0.7 0.8 0.7 0.8 0.8

5/1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 2.80 2.79 2.80 2.94 2.71 2.74
Fees & Points 0.7 0.9 0.7 0.5 0.9 0.7
Margin 2.74 2.74 2.75 2.73 2.76 2.74

1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 2.73 2.80 2.61 2.90 2.64 2.64
Fees & Points 0.6 0.8 0.6 0.5 0.6 0.5
Margin 2.76 2.78 2.75 2.73 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 4.95   4.22   3.80   3.40   3.87   3.16   2.82   2.84  
Fees & Points 0.6   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

February 23, 2012 (Shirley Allen)

Thirty-year fixed rate mortgages edged up this week after a three week stay at its record low according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending February 23rd.

Fixed Rate Mortgages:

Interest rates on fixed rate mortgages climbed this week with the 30-year fixed rate averaging 3.95 percent with an average of 0.8 points, up from an average of 3.87 percent over the last three weeks. A year ago, the 30-year fixed rate mortgage averaged 4.95 percent.

It was the 16th consecutive week that 30-year fixed mortgage rates have been four percent or less.

The 15-year fixed rate mortgage averaged 3.19 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 4.22 percent.

Adjustable Rate Mortgages:

Conversely, interest rates for adjustable mortgages fell this week with the 5-year Treasury-indexed hybrid ARM averaging 2.80 percent, down from last week’s average of 2.82 percent, with an average of 0.7 points. The 5-year adjustable rate mortgage averaged 3.80 percent a year earlier.

The 1-year Treasury-indexed adjustable rate mortgage also declined this week averaging 2.73 percent with an average of 0.6 points, down from an average of 2.84 percent a week ago. A year ago, the 1-year adjustable rate mortgage averaged 3.40 percent.

Frank Nothaft, vice president and chief economist of Freddie Mac, stated, “New data releases this week suggest the housing market is continuing to gradually improve. Loans that were seriously delinquent (90 days or more past due plus the foreclosure inventory) fell to 5.3 percent of prime mortgages at the end of 2011, representing the lowest quarterly share since the start of 2009, according to the Mortgage Bankers Association. The Census Bureau reported new residential construction starts in January outpaced the market consensus forecast, led by condominiums and apartment buildings, and December’s figures had upward revisions. Finally, existing home sales were at the strongest pace in January since May 2010, according to the National Association of Realtors®”

30-Year Fixed Rate Mortgages US NE SE NC SW W
Average 3.95 3.95 3.97 3.95 3.97 3.91
Fees & Points 0.8 0.8 0.8 0.8 0.9 0.8

15-Year Fixed Rate Mortgages US NE SE NC SW W
Average 3.19 3.20 3.19 3.19 3.24 3.14
Fees & Points 0.8 0.7 0.8 0.7 0.8 0.8

5/1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 2.80 2.79 2.80 2.94 2.71 2.74
Fees & Points 0.7 0.9 0.7 0.5 0.9 0.7
Margin 2.74 2.74 2.75 2.73 2.76 2.74

1-Year Adjustable Rate Mortgages US NE SE NC SW W
Average 2.73 2.80 2.61 2.90 2.64 2.64
Fees & Points 0.6 0.8 0.6 0.5 0.6 0.5
Margin 2.76 2.78 2.75 2.73 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 4.95   4.22   3.80   3.40   3.87   3.16   2.82   2.84  
Fees & Points 0.6   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