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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
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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.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
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Default Rates on First Mortgages Increase for the First Time since Last Year

2011-10-20T01:35:35-07:00

October 20, 2011 (Jeff Alan) Monthly default rates on first mortgages rose for the first time since November 2010 as default rates in three of the four loan types and in four of the five regions increased in September according to the latest S&P/Experian Consumer Credit Default Indices. […]

Default Rates on First Mortgages Increase for the First Time since Last Year2011-10-20T01:35:35-07:00

Defaults Rates on First and Second Mortgages Hold Steady in August

2011-09-21T01:31:12-07:00

September 21, 2011 (Jeff Alan) Default rates on first and second mortgages remained virtually unchanged from July to August and remained well below the default levels of a year ago according to the latest S&P/Experian Consumer Credit Default Indices. […]

Defaults Rates on First and Second Mortgages Hold Steady in August2011-09-21T01:31:12-07:00

Consumer Default Rates Decline in June

2011-07-22T02:51:23-07:00

July 22, 2011 (Jeff Alan) Consumers continued to exhibit financial fortitude in spite of high unemployment and fuel prices as default rates continued to decline across the major consumer credit categories according to the latest S&P/Experian Consumer Credit Default Indices. […]

Consumer Default Rates Decline in June2011-07-22T02:51:23-07:00

Strategic Defaults Remain High, No Relief in Sight

2011-06-24T02:08:55-07:00

June 24, 2011 (Jeff Alan) Strategic defaults still remain high according to a recently released report from credit bureau giant Experian. According to the most recent data available through the second quarter of 2010, seventeen percent of all mortgages that were 60 days or more past due resulted in strategic defaults. […]

Strategic Defaults Remain High, No Relief in Sight2011-06-24T02:08:55-07:00

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

Renters Finally Get Credit for Good Payment History

2011-01-21T05:00:14-07:00

January 21, 2011 (Chris Moore) Renters who have for years faithfully made payments to their apartment landlords can finally now get credit for their responsible payment history. Credit giant Experian has announced that it will be the first major credit reporting agency to include rental payment history in its credit reports. It’s not going to [...]

Renters Finally Get Credit for Good Payment History2011-01-21T05:00:14-07:00

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