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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
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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.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
housing market

Homebuyers Avoiding Distressed Properties Due to Foreclosure Mess

2010-11-23T13:33:28-07:00

November 23 2010 (Chris Moore) The foreclosure mess has caused a noticeable dip in the number of transactions involving REO’s and distressed properties. In October, distressed properties accounted for 44.3 percent of transactions tracked, down from 47.5 percent in September. Read more...

Homebuyers Avoiding Distressed Properties Due to Foreclosure Mess2010-11-23T13:33:28-07:00

Housing Affordability Remains at Highest Levels

2010-11-19T17:25:22-07:00

November 19 2010 (Chris Moore) Sometimes with all the doom and gloom about falling home prices and the low interest rates that don’t seem to be sparking much interest with home buyers, you forget that capitalism has a way of fixing its on problems. One such example of that fact is that those same low [...]

Housing Affordability Remains at Highest Levels2010-11-19T17:25:22-07:00

Higher Conforming Loan Limits Set For another Year

2010-11-13T18:26:07-07:00

November 13 2010 (Chris Moore) President Obama recently signed legislation that would allow the higher conforming loan limits to continue in current high cost areas for another year. The provision means homebuyers and homeowners in expensive housing markets will continue to get a break on interest rates when they buy or refinance through 2011. Read [...]

Higher Conforming Loan Limits Set For another Year2010-11-13T18:26:07-07:00

Freddie Mac Loses $4.1B, Asks for a Bailout

2010-11-06T23:38:24-07:00

November 6 2010 (Chris Moore) Freddie Mac reported this week that it sustained a net loss of $4.1 billion for the third quarter of 2010 has asked the Treasury Department for a draw of $100 million under the Senior Preferred Stock Purchase Agreement. The mortgage giant blamed the loss on a sagging U.S. housing market [...]

Freddie Mac Loses $4.1B, Asks for a Bailout2010-11-06T23:38:24-07:00

Cash-Out Refinance Loans Hits New Lows

2010-10-31T17:20:16-07:00

October 31 2010 (Jeff Alan) Freddie Mac has reported the share of mortgage loans that are being refinanced in which cash is being pulled out has hit a new low in the third quarter. Not surprising considering how far home prices have fallen in the last three years. The mortgage financier reported that just 18 [...]

Cash-Out Refinance Loans Hits New Lows2010-10-31T17:20:16-07:00

September Home Sales Rise

2010-10-26T21:50:19-07:00

October 26 2010 (Chris Moore) The National Association of Realtors (NAR) said sales rose 10% to a seasonally adjusted annual rate of 4.53 million, from a downwardly revised 4.12 million in August. Despite the sales increase, prices of existing homes slipped 2.4% to a median price of $171,700. Distressed sales accounted for 35% of all [...]

September Home Sales Rise2010-10-26T21:50:19-07:00

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