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default rates
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WE VERIFY & TRANSMIT TO LENDERS
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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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default rates
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.
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default rates

Mortgage Defaults Drop in February

2011-03-16T04:55:32-07:00

March 16, 2011 (Brian Moore) First mortgage defaults rates declined to 2.45 percent in February 2011, which was14.04 percent lower than January 2011 and 43.27 percent lower than February 2010 according to the Standard & Poor/Experian Consumer Credit Default Indices. Second mortgage defaults also experienced a decline to 1.46 percent, which was 3.41 percent lower [...]

Mortgage Defaults Drop in February2011-03-16T04:55:32-07:00

Are Home Sales About to Follow Home Prices?

2011-03-02T05:00:48-07:00

March 2, 2011 (Chris Moore) The National Association of Realtors (NAR) reports that pending home sales declined in January for the second month in a row. NAR’s Pending Home Sales Index declined 2.8 percent to 89.9 from a downwardly adjusted 91.5 in December on a scale where 100 reflects home sales in 2001. The figure [...]

Are Home Sales About to Follow Home Prices?2011-03-02T05:00:48-07:00

Mortgage Loan Defaults Decline in January

2011-02-21T05:10:07-07:00

February 21, 2011 (Jeff Alan) Standard & Poor’s and Experian released their S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in consumer credit defaults, showed a decline in monthly default rates across all credit lines. First mortgage defaults fell to 2.84% and second mortgages, with a monthly decline of over 13%, fell to [...]

Mortgage Loan Defaults Decline in January2011-02-21T05:10:07-07:00

Mortgage Defaults Rise in November

2010-12-24T05:30:20-07:00

December 24, 2010 (Jeff Alan) Standard & Poor's/Experian Consumer Credit Default report for December, released on Tuesday, showed a rise in monthly default rates for first and second mortgages to 3.05% and 1.80% in November 2010. It was the first time since December 2009 that the index has risen, although the year-over-year decline is 38.84 [...]

Mortgage Defaults Rise in November2010-12-24T05:30:20-07:00

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