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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
ARM
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
ARM

Ten Mortgage Mistakes That Will Cost You

2011-02-21T05:05:42-07:00

February 21, 2011 (Jeff Alan) It’s a brave new world out there. There are more homes for sale than political promises, but getting a mortgage loan has never been tougher. The housing crisis has resulted in a boon of new regulations, with new mortgage-lending regulations to protect you from predatory lenders and many new underwriting [...]

Ten Mortgage Mistakes That Will Cost You2011-02-21T05:05:42-07:00

Adjustable Rate Mortgages Become Almost Non-Existent

2011-01-19T05:00:15-07:00

January 19, 2011 (Chris Moore) Adjustable Rate Mortgages (ARMs) that had become the mortgage of choice during the housing boom has become virtually non-existent as a mortgage option today. In a report released by the Federal Reserve, the once mighty ARM which was the choice of 70 percent of all borrowers in 2004, now only [...]

Adjustable Rate Mortgages Become Almost Non-Existent2011-01-19T05:00:15-07:00

Most Refinance Loans Are Fixed Rate Mortgages

2010-11-15T21:48:31-07:00

November 15 2010 (Chris Moore) Freddie Mac has reported that over 95 percent of all refinanced mortgages in the third quarter of 2010 were fixed rate loans. The 30 year fixed rate mortgage was the most preferred loan by those who had previously either had a 30 year mortgage before or had an adjustable rate [...]

Most Refinance Loans Are Fixed Rate Mortgages2010-11-15T21:48:31-07:00

Mortgage Rates Rise Slightly For Third Consecutive Week

2010-11-04T14:13:11-07:00

November 4 2010 (Chris Moore) Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), which found that the 30-year fixed-rate mortgage rate rose slightly for the third consecutive week.  The 15-year fixed-rate mortgage rate eased back down a little while the 5-year and 1-year ARMs set another low. Read more...

Mortgage Rates Rise Slightly For Third Consecutive Week2010-11-04T14:13:11-07:00

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