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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
home values
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
home values

Freddie Mac Reports Home Values Decline in 3Q

2010-11-30T10:17:00-07:00

November 30 2010 (Chris Moore) Freddie Mac released the results of its third quarter Conventional Mortgage Home Price Index (CMHPI) Purchase-Only Series today and reported that home values declined 1.9 percent for the quarter compared to the second quarter of this year. Home values declined 3.1 percent compared to the third quarter off 2009. Read [...]

Freddie Mac Reports Home Values Decline in 3Q2010-11-30T10:17:00-07:00

23 Percent of Homeowners Underwater

2010-11-10T17:19:00-07:00

November 10 2010 (Chris Moore) Zillow announced today that a staggering 23.2 percent of all American homeowners with a mortgage are underwater in the third quarter of 2010, with 11 markets reportedly having as many as 50 percent of the homeowners with mortgages being underwater. A homeowner who is “underwater” owes more on their home [...]

23 Percent of Homeowners Underwater2010-11-10T17:19:00-07:00

Smaller Banks Tighten Underwriting Standards on Loans

2010-11-09T17:31:48-07:00

November 9 2010 (Shirley Allen) According to the October 2010 Senior Loan Officer Opinion Survey on Bank Lending Practices from the Federal Reserve, smaller banks and mortgage lenders reported tighter lending standards on mortgage loans over the previous three months which marks a reversal from a slight easing that had been reported in the previous [...]

Smaller Banks Tighten Underwriting Standards on Loans2010-11-09T17:31:48-07:00

How Distressed Properties Are Affecting Home Values

2010-10-26T21:10:23-07:00

October 26 2010 (Jeff Alan) In a report released by real estate analyst CoreLogic, shows home prices excluding distressed sales declined 0.4 percent in August 2010 compared to a year earlier. Some 78 out of 100 metropolitan areas experienced price declines in August, up from 58 in July. Read more...

How Distressed Properties Are Affecting Home Values2010-10-26T21:10:23-07:00

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