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economic downturn
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
economic downturn
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
economic downturn

Mortgage-Only Defaulters Perform Better on New Loans

2011-06-03T02:08:05-07:00

June 3, 2011 (Chris Moore) Are borrowers who only defaulted on their mortgage loans during the economic downturn a better credit risk than borrowers who defaulted on their mortgage loans and their other debt, such as car loans and credit cards? A recent study by credit bureau giant TransUnion would suggest that they are. [...]

Mortgage-Only Defaulters Perform Better on New Loans2011-06-03T02:08:05-07:00

Bank of America Prepares Mortgage Write Downs in California

2011-03-29T03:00:32-07:00

March 29, 2011 (Jeff Alan) Bank of America has announced that they will begin soliciting homeowners who are eligible for mortgage prinicipal write downs as part of the Treasury Department’s Hardest Hit Fund being implemented through the California Housing Finance Agency (CalHFA). Read more...

Bank of America Prepares Mortgage Write Downs in California2011-03-29T03:00:32-07:00

Housing Crisis Hitting Previously Stable Areas

2011-02-22T05:10:04-07:00

February 22, 2011 (Jeff Alan) The housing crisis which has famously ravaged Florida and the Southwest, is delivering a new wave of distress to communities once thought to be immune, where the housing boom was relatively restrained. In the last year, home prices in Seattle had a bigger decline than in Las Vegas. Minneapolis dropped [...]

Housing Crisis Hitting Previously Stable Areas2011-02-22T05:10:04-07:00

Housing Industry Readies Fight for Mortgage Interest Deduction

2011-01-28T06:00:12-07:00

January 28, 2011 (Chris Moore) The housing industry has lined up all its aces and is preparing to do battle with a deficit cutting Congress that has declared that there are no sacred cows in its search for ways to cut the budget deficit. The first shot across the bow came in November when the [...]

Housing Industry Readies Fight for Mortgage Interest Deduction2011-01-28T06:00:12-07:00

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