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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
federal reserve
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
federal reserve

Fed Releases Latest Beige Book

2011-03-03T04:50:05-07:00

March 3, 2011 (Jeff Alan) Reports from the twelve Federal Reserve Districts indicated overall economic activity continued to expand at a modest to moderate pace in January and early February according to the latest Beige Book released by the Federal Reserve. Read more...

Fed Releases Latest Beige Book2011-03-03T04:50:05-07:00

Fed Beige Book: Housing Dragging Economy

2011-01-25T05:15:31-07:00

January 25, 2011 (Shirley Allen) The Beige Book released by the twelve banks of the Federal Reserve every six weeks reports that economic activity continued to expand moderately from November through December, however, activity in residential real estate and new home construction remained slow across all Districts. Read more...

Fed Beige Book: Housing Dragging Economy2011-01-25T05:15:31-07:00

Federal Reserve Publication Helps Consumers Understand Credit

2011-01-13T05:30:34-07:00

January 13, 2011 (Jeff Alan) The Federal Reserve announced a new online publication yesterday that helps consumers better understand new notices they may receive from lenders when credit scores or credit reports affect a decision go grant credit. Almost all credit decisions made by lenders use a consumers credit history when deciding whether to extend [...]

Federal Reserve Publication Helps Consumers Understand Credit2011-01-13T05:30:34-07:00

Declining Home Values Hurting Small Businesses

2010-12-29T05:00:22-07:00

December 29 2010 (Jeff Alan) A recent study by the Federal Reserve helps to answer one of the reasons why small business creation has been lagging since the end of the recession. The study found that declining home values has limited the ability of homeowners to borrow against the equity of their property which has [...]

Declining Home Values Hurting Small Businesses2010-12-29T05:00:22-07:00

Mortgage Industry Leaders Call for National Standards

2010-12-24T06:00:22-07:00

December 24 2010 (Chris Moore) In a letter addressed to the Obama Administrations top financial leaders, fifty-two of the mortgage industry’s top executives are calling for the development of national standards in the originating, selling and servicing of mortgage loans. Read more...

Mortgage Industry Leaders Call for National Standards2010-12-24T06:00:22-07:00

New Rules for Adjustable Rate Mortgages Coming

2010-12-23T05:30:46-07:00

December 23, 2010 (Shirley Allen) Beginning October 1st, 2011, mortgage banks and lenders must notify mortgage applicants of the risk of possible payment increases on any adjustable rate mortgage loan before they agree to the terms of the loan. Read more...

New Rules for Adjustable Rate Mortgages Coming2010-12-23T05:30:46-07:00

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