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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.
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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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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
cash-in
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
cash-in

Refinancing Homeowners Who Maintained or Lowered Balance at 27-Year High

2012-08-08T02:00:08-07:00

August 8, 2012 (Jeff Alan) The number of American’s who refinanced their first lien mortgage in the second quarter of 2012 and either maintained the same balance as their previous loan or who paid down their principal balance was at a 27-year high according Freddie Mac’s Second Quarter Refinance Analysis. […]

Refinancing Homeowners Who Maintained or Lowered Balance at 27-Year High2012-08-08T02:00:08-07:00

Record Number of Refinancing Homeowners Maintain or Reduce Mortgage Balance

2012-05-31T03:00:32-07:00

May 31, 2012 (Jeff Alan) American’s who refinanced their first lien mortgage in the first quarter of 2012 continued to take advantage of historically low interest rates and strengthen their financial balance sheets according Freddie Mac’s First Quarter Refinance Analysis. […]

Record Number of Refinancing Homeowners Maintain or Reduce Mortgage Balance2012-05-31T03:00:32-07:00

Half of Homeowners Who Refinanced Reduced Principal Balance

2012-02-03T04:00:14-07:00

February 3, 2012 (Jeff Alan) Almost half of all homeowners who refinanced their fist lien mortgage in the fourth quarter of 2011 reduced their principal balance according Freddie Mac’s Fourth Quarter Refinance Analysis. […]

Half of Homeowners Who Refinanced Reduced Principal Balance2012-02-03T04:00:14-07:00

Refi Cash-Outs Lowest in 16 Years

2011-11-08T03:42:20-07:00

November 8, 2011 (Jeff Alan) The amount of cash that borrowers who refinanced their mortgages took out against their home’s equity was at the lowest levels in 16 years according to Freddie Mac’s third quarter refinance analysis. […]

Refi Cash-Outs Lowest in 16 Years2011-11-08T03:42:20-07:00

Equity Cash-Outs Lowest in 15 Years

2011-08-04T01:56:38-07:00

August 4, 2011 (Jeff Alan) Falling home values have left home equity piggy-banks pretty empty as of late. According to a recent report by Freddie Mac, the total amount of cash that borrowers who refinanced their first-lien mortgages took out of their homes was less than 10 percent of the total amount of cash that [...]

Equity Cash-Outs Lowest in 15 Years2011-08-04T01:56:38-07:00

More Refinancing Homeowners Pay Down Loans in 4Q

2011-02-01T06:15:16-07:00

February 1, 2011 (Shirley Allen) By a margin of almost three to one, homeowners who refinanced their first lien home mortgage lowered their principal balance by paying an additional amount at the time of closing versus those borrowers who took cash out. Forty-six percent of homeowners who refinanced their mortgage in the fourth quarter of [...]

More Refinancing Homeowners Pay Down Loans in 4Q2011-02-01T06:15:16-07:00