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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
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Foreclosures: Calm Before the Storm?
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
Foreclosures: Calm Before the Storm?
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
Foreclosures: Calm Before the Storm?

March 19, 2012 (Chris Moore)

Foreclosure activity continued to fall nationwide in February but the foreclosure pipeline is hardly unclogged as a new wave of activity is expected to hit following the recent $25 billion mortgage settlement between the five largest banks and the state attorneys general.

Foreclosure filings fell two percent from January to February and were eight percent lower than a year ago according to RealtyTrac’s Foreclosure Market Report. A total of 206,900 properties in the U.S. received either a default notice, was scheduled for an auction or was repossessed in February.

February’s foreclosure activity follows a 19 percent decline in January but also saw 21 states and the District of Columbia post increases in foreclosure activity with that number expected to increase in the future.

Brandon Moore, CEO of RealtyTrac, stated, “February’s numbers point to a gradually rising foreclosure tide as some of the barriers that have been holding back foreclosures are removed. The foreclosure and mortgage settlement filed in court earlier this week will help pave the way to a properly functioning foreclosure process by providing a clear roadmap for necessary foreclosures. That should result in more states posting annual increases in the coming months.”

Notice of Default (NoDs):

Default notices were one percent higher in February than in January and were seven percent lower than a year ago. A total of 58,886 default notices were filed for the first time in February.

Twelve states posted year-over-year increases of at least 20 percent. The five highest states were Hawaii (321% increase), Maryland (157% increase), Connecticut (64% increase), South Carolina (58% increase) and Indiana (37% increase).

The five states with the largest decline in NoDs were Nevada (89% decrease), Michigan (72% decrease), New York (44% decrease), Iowa (28% decrease) and Kentucky (25% decrease).

Auctions:

Scheduled auctions fell two percent from January and were 13 percent lower than in February of last year.

Thirteen states posted a year-over-year increase of at least 25 percent in February with the largest increases posted in Kentucky (190% increase), Illinois (170% increase), Iowa (98% increase), Pennsylvania (95% increase) and Indiana (92% increase).

Repossessions:

Lenders repossessed 63,834 properties in February, down 4 percent from January and down one percent from a year earlier.

Repossessions increased at least 20 percent in 17 states year-over-year with Massachusetts (114% increase), North Carolina (95% increase), Florida (90% increase), South Carolina (87% increase) and Georgia (76% increase) seeing the largest increases.

Half of the nations 20 largest metropolitan areas reported increases in foreclosure activity for the month. The five cities with the largest year-over-year increase in foreclosure activity were Tampa (64% increase), Miami (53% increase), Chicago (43% increase), Philadelphia (47% increase) and Baltimore (41% increase).

The five cities with the highest foreclosure rate in February were Riverside-San Bernardino in California (one in 166 housing units), Atlanta (one in 244), Phoenix (one in 259), Miami (one in 264) and Chicago (one in 302).

Tags: foreclosures, notice of default, foreclosure auctions, lender repossessions, mortgage settlement

Source:
RealtyTrac

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 19, 2012 (Chris Moore)

Foreclosure activity continued to fall nationwide in February but the foreclosure pipeline is hardly unclogged as a new wave of activity is expected to hit following the recent $25 billion mortgage settlement between the five largest banks and the state attorneys general.

Foreclosure filings fell two percent from January to February and were eight percent lower than a year ago according to RealtyTrac’s Foreclosure Market Report. A total of 206,900 properties in the U.S. received either a default notice, was scheduled for an auction or was repossessed in February.

February’s foreclosure activity follows a 19 percent decline in January but also saw 21 states and the District of Columbia post increases in foreclosure activity with that number expected to increase in the future.

Brandon Moore, CEO of RealtyTrac, stated, “February’s numbers point to a gradually rising foreclosure tide as some of the barriers that have been holding back foreclosures are removed. The foreclosure and mortgage settlement filed in court earlier this week will help pave the way to a properly functioning foreclosure process by providing a clear roadmap for necessary foreclosures. That should result in more states posting annual increases in the coming months.”

Notice of Default (NoDs):

Default notices were one percent higher in February than in January and were seven percent lower than a year ago. A total of 58,886 default notices were filed for the first time in February.

Twelve states posted year-over-year increases of at least 20 percent. The five highest states were Hawaii (321% increase), Maryland (157% increase), Connecticut (64% increase), South Carolina (58% increase) and Indiana (37% increase).

The five states with the largest decline in NoDs were Nevada (89% decrease), Michigan (72% decrease), New York (44% decrease), Iowa (28% decrease) and Kentucky (25% decrease).

Auctions:

Scheduled auctions fell two percent from January and were 13 percent lower than in February of last year.

Thirteen states posted a year-over-year increase of at least 25 percent in February with the largest increases posted in Kentucky (190% increase), Illinois (170% increase), Iowa (98% increase), Pennsylvania (95% increase) and Indiana (92% increase).

Repossessions:

Lenders repossessed 63,834 properties in February, down 4 percent from January and down one percent from a year earlier.

Repossessions increased at least 20 percent in 17 states year-over-year with Massachusetts (114% increase), North Carolina (95% increase), Florida (90% increase), South Carolina (87% increase) and Georgia (76% increase) seeing the largest increases.

Half of the nations 20 largest metropolitan areas reported increases in foreclosure activity for the month. The five cities with the largest year-over-year increase in foreclosure activity were Tampa (64% increase), Miami (53% increase), Chicago (43% increase), Philadelphia (47% increase) and Baltimore (41% increase).

The five cities with the highest foreclosure rate in February were Riverside-San Bernardino in California (one in 166 housing units), Atlanta (one in 244), Phoenix (one in 259), Miami (one in 264) and Chicago (one in 302).

Tags: foreclosures, notice of default, foreclosure auctions, lender repossessions, mortgage settlement

Source:
RealtyTrac

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 19, 2012 (Chris Moore)

Foreclosure activity continued to fall nationwide in February but the foreclosure pipeline is hardly unclogged as a new wave of activity is expected to hit following the recent $25 billion mortgage settlement between the five largest banks and the state attorneys general.

Foreclosure filings fell two percent from January to February and were eight percent lower than a year ago according to RealtyTrac’s Foreclosure Market Report. A total of 206,900 properties in the U.S. received either a default notice, was scheduled for an auction or was repossessed in February.

February’s foreclosure activity follows a 19 percent decline in January but also saw 21 states and the District of Columbia post increases in foreclosure activity with that number expected to increase in the future.

Brandon Moore, CEO of RealtyTrac, stated, “February’s numbers point to a gradually rising foreclosure tide as some of the barriers that have been holding back foreclosures are removed. The foreclosure and mortgage settlement filed in court earlier this week will help pave the way to a properly functioning foreclosure process by providing a clear roadmap for necessary foreclosures. That should result in more states posting annual increases in the coming months.”

Notice of Default (NoDs):

Default notices were one percent higher in February than in January and were seven percent lower than a year ago. A total of 58,886 default notices were filed for the first time in February.

Twelve states posted year-over-year increases of at least 20 percent. The five highest states were Hawaii (321% increase), Maryland (157% increase), Connecticut (64% increase), South Carolina (58% increase) and Indiana (37% increase).

The five states with the largest decline in NoDs were Nevada (89% decrease), Michigan (72% decrease), New York (44% decrease), Iowa (28% decrease) and Kentucky (25% decrease).

Auctions:

Scheduled auctions fell two percent from January and were 13 percent lower than in February of last year.

Thirteen states posted a year-over-year increase of at least 25 percent in February with the largest increases posted in Kentucky (190% increase), Illinois (170% increase), Iowa (98% increase), Pennsylvania (95% increase) and Indiana (92% increase).

Repossessions:

Lenders repossessed 63,834 properties in February, down 4 percent from January and down one percent from a year earlier.

Repossessions increased at least 20 percent in 17 states year-over-year with Massachusetts (114% increase), North Carolina (95% increase), Florida (90% increase), South Carolina (87% increase) and Georgia (76% increase) seeing the largest increases.

Half of the nations 20 largest metropolitan areas reported increases in foreclosure activity for the month. The five cities with the largest year-over-year increase in foreclosure activity were Tampa (64% increase), Miami (53% increase), Chicago (43% increase), Philadelphia (47% increase) and Baltimore (41% increase).

The five cities with the highest foreclosure rate in February were Riverside-San Bernardino in California (one in 166 housing units), Atlanta (one in 244), Phoenix (one in 259), Miami (one in 264) and Chicago (one in 302).

Tags: foreclosures, notice of default, foreclosure auctions, lender repossessions, mortgage settlement

Source:
RealtyTrac

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