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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 recovery
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 recovery

NAR Responds to Qualified Residential Mortgage Proposal

2011-03-31T02:48:30-07:00

March 31, 2011 (Shirley Allen) The National Association of Realtors (NAR) has weighed in with their response to the “Qualified Residential Mortgage (QRM)” requirements set forth in the risk retention proposal by federal regulators. NAR claims that the high down payment requirement will unnecessarily burden home buyers and significantly impede the economic and housing recovery. [...]

NAR Responds to Qualified Residential Mortgage Proposal2011-03-31T02:48:30-07:00

Higher Down Payment Requirement Could Derail Housing Recovery

2011-03-21T04:55:56-07:00

March 21, 2011 (Chris Moore) As part of the Dodd-Frank Finance Reform Bill, in order to reduce the risk of future housing meltdowns like the one we’ve been experiencing since 2007, mortgage lenders will be required to retain 5 percent of the risk of any home loans they make that don’t meet yet to be [...]

Higher Down Payment Requirement Could Derail Housing Recovery2011-03-21T04:55:56-07:00

How the Shadow Inventory Could Kill a Housing Recovery

2011-01-04T05:15:39-07:00

January 4 2011 (Chris Moore) When foreclosures and Real Estate Owned (REO) properties enter the housing market, they transition from what is known as the shadow inventory into the visible inventory. Shadow inventory is usually defined as homes that are seriously delinquent (90 days or more), in foreclosure and real estate owned by lenders and [...]

How the Shadow Inventory Could Kill a Housing Recovery2011-01-04T05:15:39-07:00

BofA Resumes Foreclosure Sales

2010-12-11T06:00:58-07:00

December 11 2010 (Brian Moore) Charlotte-based Bank of America has announced that it has restarted the sale of foreclosed homes that had been temporarily frozen in October as it reviewed its foreclosure processes. Read more...

BofA Resumes Foreclosure Sales2010-12-11T06:00:58-07:00

Home Values Continue to Decline

2010-11-20T13:20:41-07:00

November 20 2010 (Jeff Alan) Home prices declined for the second month in a row after seven months of price gains. Home prices fell 1.1 percent in September after falling 1.2 percent in August according to the just released Housing Price Index (HPI) by CoreLogic. Read more...

Home Values Continue to Decline2010-11-20T13:20:41-07:00

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