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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 bubble
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 bubble

Freddie Mac/Fannie Mae Business as Usual

2011-03-04T04:55:08-07:00

March 4, 2011 (Shirley Allen) Someone forgot to tell government mortgage giants Freddie Mac and Fannie Mae that they are suppose to be going out of business because the latest monthly figures show that both GSE’s continued to back new mortgages in January at about the same rate as last year. Freddie Mac reported that [...]

Freddie Mac/Fannie Mae Business as Usual2011-03-04T04:55:08-07:00

Obama’s $20B Proposal: A Drop in the Bucket

2011-02-28T04:50:05-07:00

February 28, 2011 (Chris Moore) Although in the early stages, the battle lines are already being drawn in the sand over the Presidents reported proposal to force mortgage lenders and servicers to either pay fines of over $20 billion or to modify an equal amount of mortgage loans by writing down the principal balances. On [...]

Obama’s $20B Proposal: A Drop in the Bucket2011-02-28T04:50:05-07:00

Zillow: Foreclosures Slowing But Home Prices Dropping

2011-02-09T05:30:19-07:00

February 9, 2011 (Jeff Alan) Zillow Real Estate Research joined CoreLogic and Lenders Processing Services by releasing its December Home Value Index (HVI). According to the data collected from 132 metropolitan areas, monthly depreciation in home values increased 0.9 percent in December 2010 from the previous month. The median home value nationally was $175,215, down [...]

Zillow: Foreclosures Slowing But Home Prices Dropping2011-02-09T05:30:19-07:00

Fannie Mae/Freddie Mac Solution Could Hurt FHA

2011-02-08T05:15:26-07:00

February 8, 2011 (Chris Moore) As Congress wrangles with its solution to reform the role of Fannie Mae and Freddie Mac and the Obama Administration puts on the finishing touches for its plan on restructuring the two GSE giants, an unintended consequence may be an explosion in business for the Federal Housing Authority (FHA). Read [...]

Fannie Mae/Freddie Mac Solution Could Hurt FHA2011-02-08T05:15:26-07:00

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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