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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
housing boom
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
housing boom

Homeownership Rates Continue to Decline in First Quarter

2011-05-02T02:31:09-07:00

May 2, 2011 (Jeff Alan) Homeownership rates in the United States continued to decline and now stand at levels not seen since the end of 1998. The Census Bureau reports that 66.4 percent of Americans owned homes, down from 67.1 percent the year before, and down from 69.2 percent seen during the housing boom. Read [...]

Homeownership Rates Continue to Decline in First Quarter2011-05-02T02:31:09-07:00

Housing Burden Highest in South Florida

2011-03-02T10:07:02-07:00

March 2, 2011 (Shirley Allen) The Center for Housing Policy reports that the three county region of Palm Beach, Broward, and Miami-Dade counties has the nation’s biggest burden when it comes to monthly housing costs. Out of 752,041 working households, 42 percent of the residents of the region spent more than half of their income [...]

Housing Burden Highest in South Florida2011-03-02T10:07:02-07:00

Home Ownership Drops to 13 Year Low

2011-02-01T06:30:17-07:00

February 1, 2011 (Jeff Alan) The housing boom and the subsequent economic and housing crisis certainly validates that age old adage of “what goes up…must come down” as soaring home ownership during the boom years has led to 13 year lows during the bust. According to the most recent government figures, the nation's overall home [...]

Home Ownership Drops to 13 Year Low2011-02-01T06:30:17-07:00

Adjustable Rate Mortgages Become Almost Non-Existent

2011-01-19T05:00:15-07:00

January 19, 2011 (Chris Moore) Adjustable Rate Mortgages (ARMs) that had become the mortgage of choice during the housing boom has become virtually non-existent as a mortgage option today. In a report released by the Federal Reserve, the once mighty ARM which was the choice of 70 percent of all borrowers in 2004, now only [...]

Adjustable Rate Mortgages Become Almost Non-Existent2011-01-19T05:00:15-07:00

Home Prices Fall for Fourth Month in a Row

2011-01-12T05:00:57-07:00

January 12, 2011 (Jeff Alan) CoreLogic released its November Home Price Index yesterday which showed that home prices continued to tumble for the fourth month in a row in year over year sales. Home prices for November 2010 were down 5.07 percent compared to November 2009. The decline was slightly greater than the 3.35 percent [...]

Home Prices Fall for Fourth Month in a Row2011-01-12T05:00:57-07:00

Homeownership at Lowest Level Since 1999

2010-11-02T08:09:55-07:00

November 2 2010 (Chris Moore) The Census Bureau is reporting that homeownership in the United States is at its lowest level since 1999 hampered by rising foreclosures and weak demand for housing. The percentage of households that owned their homes was unchanged at 66.9 percent in the July-September quarter. That's the same as the April-June [...]

Homeownership at Lowest Level Since 19992010-11-02T08:09:55-07:00

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