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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
foreclosures
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
foreclosures

OCC: Foreclosures Jump 21 Percent in 3Q of 2011

2012-01-12T03:40:41-07:00

January 12, 2012 (Jeff Alan) New foreclosures increased by 21.1 percent in the third quarter of 2011 according to the Office of the Comptroller of the Currency (OCC) as a result of mortgage servicers lifting voluntary moratoria implemented in late 2010 caused by the “robo-signing” controversy. […]

OCC: Foreclosures Jump 21 Percent in 3Q of 20112012-01-12T03:40:41-07:00

Home Purchases Being Delayed by Mortgage Backlog

2011-10-25T02:03:37-07:00

October 25, 2011 (Jeff Alan) Significant delays in mortgage approvals are causing a backlog in home purchase closings with approval times that are normally around 30 days being stretched to 45 to 60 days according to the latest Campbell/Inside Mortgage Finance HousingPulse survey. […]

Home Purchases Being Delayed by Mortgage Backlog2011-10-25T02:03:37-07:00

Senate Approves Amendment to Restore Loan Limits

2011-10-24T01:48:24-07:00

October 24, 2011 (Chris Moore) The Senate voted 60 to 38 to add an amendment to an existing spending bill that would restore the higher conforming loan limits that had expired on September 30th. The housing industry has been pushing for a restoration of the loan limits claiming the new lower limits could weaken an [...]

Senate Approves Amendment to Restore Loan Limits2011-10-24T01:48:24-07:00

California Foreclosure Activity Jumps Back to Previous Levels

2011-10-21T00:53:13-07:00

October 21, 2011 (Shirley Allen) After a promising second quarter in which foreclosure activity in California reached a four year low, default notices in the third quarter of 2011 bounced back to the previous levels seen at the beginning of the year and at the end last year according to real estate information provider DataQuick. [...]

California Foreclosure Activity Jumps Back to Previous Levels2011-10-21T00:53:13-07:00

Mortgage Loan Performance Worsens in Second Quarter

2011-09-30T01:24:26-07:00

September 30, 2011 (Jeff Alan) Mortgage loan performance by the nation’s largest banks and federal savings associations declined in the second quarter of 2011 as mortgage delinquencies increased slightly for the first time in six quarters according to the Office of the Comptroller of the Currency (OCC). […]

Mortgage Loan Performance Worsens in Second Quarter2011-09-30T01:24:26-07:00

Short Sales Increase 19% in Second Quarter

2011-08-25T02:16:44-07:00

August 25, 2011 (Jeff Alan) Short sales increased 19 percent in the second quarter of 2011, accounting for 12 percent of all sales nationwide while the number of bank-owned (REO) sales remained flat according to the Q2 2011 U.S. Foreclosure Sales Report released by RealtyTrac. […]

Short Sales Increase 19% in Second Quarter2011-08-25T02:16:44-07:00

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