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housing market
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 market
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 market

February Housing Scorecard: Housing Market Fragile

2011-03-03T05:05:41-07:00

March 3, 2011 (Shirley Allen) The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury has released the February edition of the Obama Administration's Housing Scorecard. The latest housing figures show increased existing home sales as home affordability remains high, but officials caution that the market remains fragile, as [...]

February Housing Scorecard: Housing Market Fragile2011-03-03T05:05:41-07:00

Fannie Mae/Freddie Mac: Goodbye Warm Fuzzy Friends

2011-02-15T05:00:51-07:00

February 15, 2011 (Chris Moore) The consensus from the release of the Obama Administrations proposal on what to do with Freddie Mac and Fannie Mae is that there is no consensus. The internet has been abuzz with commentary from main street media to the blogging world with analysis, opinions, predictions, forecasts, etc. about the Presidents [...]

Fannie Mae/Freddie Mac: Goodbye Warm Fuzzy Friends2011-02-15T05:00:51-07:00

California Defaults Lowest in Three Years

2011-02-07T10:15:11-07:00

February 7, 2011 (Jeff Alan) DataQuick reports that during the fourth quarter of 2010, the number of homes in California going into foreclosure was at its lowest level in three years. During the three month period Notice of Defaults (NoDs)were down 16.2 percent from the previous quarter and down 17.5 percent from the fourth quarter [...]

California Defaults Lowest in Three Years2011-02-07T10:15:11-07:00

Nearly Half of Home Sales are Distressed Properties

2011-01-27T06:15:58-07:00

January 27, 2011 (Shirley Allen) According to the latest Campbell/Inside Mortgage Finance survey, nearly half of the homes sold in December were distressed properties. The firm's HousingPulse survey reveals distressed property sales surged to 47.2% of the market in December, up from 44.5% in November and nearly matching the 47.5% peak reached in September. Read [...]

Nearly Half of Home Sales are Distressed Properties2011-01-27T06:15:58-07:00

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

Real Estate Values to Drop Another $1 Trillion

2010-12-31T05:15:24-07:00

December 31, 2010 (Chris Moore) As we reported here on December 10th, 2010, Zillow.com’s Real Estate Market Reports had reported that total residential value losses since the housing markets peak in June 2006 had reached $9 trillion and now a survey of economists, real estate experts, investment and market strategists by MacroMarkets suggests that another [...]

Real Estate Values to Drop Another $1 Trillion2010-12-31T05:15:24-07:00