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It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
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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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Zillow: Foreclosures Slowing But Home Prices Dropping
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
Zillow: Foreclosures Slowing But Home Prices Dropping
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
Zillow: Foreclosures Slowing But Home Prices Dropping

February 9, 2011 (Jeff Alan)
mortgage-handle-with-care-image
Zillow Real Estate Research joined CoreLogic and Lenders Processing Services by releasing its December Home Value Index (HVI). According to the data collected from 132 metropolitan areas, monthly depreciation in home values increased 0.9 percent in December 2010 from the previous month. The median home value nationally was $175,215, down 27 percent from the housing bubble peak in June 2006.

Of all the metropolitan regions tracked in the fourth quarter Real Estate Market Report, 123 metropolitan areas experienced monthly declines in home values (93%), only 8 metropolitan areas saw monthly increases (6%), and one area was flat from the prior month. On a year-over-year basis, 115 metros were down, 9 regions were flat, and 8 regions were up.

The report also disclosed that the number of underwater homes, where the mortgage balance is greater than the current value of the home, jumped to 27% in the fourth quarter, up from 23.2 percent in the third quarter.

The increase in negative equity was attributed to a substantial slowdown in foreclosure liquidations accompanied with the increase in depreciating home values.

Foreclosure liquidations dropped to 9.1 out of every 10,000 homes in December down from the peak in October which experienced a rate of 12 out of every 10,000 homes being liquidated.

The report attributes the slowdown in liquidations to the delays and lengthened process times resulting from the numerous “robo-signing” controversies.

“While it’s never good to see monthly depreciation rates this high, we have been saying that the 54-month long housing recession would strongly reassert itself in the post tax credit period. And it has. I suspect that this is near the peak monthly depreciation rates that we’ll see and I expect depreciation to start to improve in early 2011,” Stan Humphries from Zillow said.

The report also went on to say that Zillow expects January to remain about the same as December with depreciation rates decreasing in the months to follow through at least the first half of the year with depreciation stabilizing the second half of the year.

Unfortunately, Zillow also predicts that they expect home values to bounce around the bottom and not see appreciation rates that will outpace inflation for at three years after home prices bottom out.

Tags: zillow, home value index, home prices, housing bubble, home values, underwater homes, negative equity, depreciating home values, robo-signing

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.
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A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
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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 9, 2011 (Jeff Alan)
mortgage-handle-with-care-image
Zillow Real Estate Research joined CoreLogic and Lenders Processing Services by releasing its December Home Value Index (HVI). According to the data collected from 132 metropolitan areas, monthly depreciation in home values increased 0.9 percent in December 2010 from the previous month. The median home value nationally was $175,215, down 27 percent from the housing bubble peak in June 2006.

Of all the metropolitan regions tracked in the fourth quarter Real Estate Market Report, 123 metropolitan areas experienced monthly declines in home values (93%), only 8 metropolitan areas saw monthly increases (6%), and one area was flat from the prior month. On a year-over-year basis, 115 metros were down, 9 regions were flat, and 8 regions were up.

The report also disclosed that the number of underwater homes, where the mortgage balance is greater than the current value of the home, jumped to 27% in the fourth quarter, up from 23.2 percent in the third quarter.

The increase in negative equity was attributed to a substantial slowdown in foreclosure liquidations accompanied with the increase in depreciating home values.

Foreclosure liquidations dropped to 9.1 out of every 10,000 homes in December down from the peak in October which experienced a rate of 12 out of every 10,000 homes being liquidated.

The report attributes the slowdown in liquidations to the delays and lengthened process times resulting from the numerous “robo-signing” controversies.

“While it’s never good to see monthly depreciation rates this high, we have been saying that the 54-month long housing recession would strongly reassert itself in the post tax credit period. And it has. I suspect that this is near the peak monthly depreciation rates that we’ll see and I expect depreciation to start to improve in early 2011,” Stan Humphries from Zillow said.

The report also went on to say that Zillow expects January to remain about the same as December with depreciation rates decreasing in the months to follow through at least the first half of the year with depreciation stabilizing the second half of the year.

Unfortunately, Zillow also predicts that they expect home values to bounce around the bottom and not see appreciation rates that will outpace inflation for at three years after home prices bottom out.

Tags: zillow, home value index, home prices, housing bubble, home values, underwater homes, negative equity, depreciating home values, robo-signing

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 9, 2011 (Jeff Alan)
mortgage-handle-with-care-image
Zillow Real Estate Research joined CoreLogic and Lenders Processing Services by releasing its December Home Value Index (HVI). According to the data collected from 132 metropolitan areas, monthly depreciation in home values increased 0.9 percent in December 2010 from the previous month. The median home value nationally was $175,215, down 27 percent from the housing bubble peak in June 2006.

Of all the metropolitan regions tracked in the fourth quarter Real Estate Market Report, 123 metropolitan areas experienced monthly declines in home values (93%), only 8 metropolitan areas saw monthly increases (6%), and one area was flat from the prior month. On a year-over-year basis, 115 metros were down, 9 regions were flat, and 8 regions were up.

The report also disclosed that the number of underwater homes, where the mortgage balance is greater than the current value of the home, jumped to 27% in the fourth quarter, up from 23.2 percent in the third quarter.

The increase in negative equity was attributed to a substantial slowdown in foreclosure liquidations accompanied with the increase in depreciating home values.

Foreclosure liquidations dropped to 9.1 out of every 10,000 homes in December down from the peak in October which experienced a rate of 12 out of every 10,000 homes being liquidated.

The report attributes the slowdown in liquidations to the delays and lengthened process times resulting from the numerous “robo-signing” controversies.

“While it’s never good to see monthly depreciation rates this high, we have been saying that the 54-month long housing recession would strongly reassert itself in the post tax credit period. And it has. I suspect that this is near the peak monthly depreciation rates that we’ll see and I expect depreciation to start to improve in early 2011,” Stan Humphries from Zillow said.

The report also went on to say that Zillow expects January to remain about the same as December with depreciation rates decreasing in the months to follow through at least the first half of the year with depreciation stabilizing the second half of the year.

Unfortunately, Zillow also predicts that they expect home values to bounce around the bottom and not see appreciation rates that will outpace inflation for at three years after home prices bottom out.

Tags: zillow, home value index, home prices, housing bubble, home values, underwater homes, negative equity, depreciating home values, robo-signing

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