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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
Pick the service you desire below
mortgage 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
mortgage market

Senate and House GOP Lead Freddie Mac/Fannie Mae Reform

2011-04-01T04:45:46-07:00

April 1, 2011 (Chris Moore) Republicans in the House of Representatives and the Senate have introduced bills whose ultimate goal is to shrink the federal government’s role in the mortgage market. While the Obama Administration's three option proposal has been little heard from since it was first unveiled over a month ago, the GOP has [...]

Senate and House GOP Lead Freddie Mac/Fannie Mae Reform2011-04-01T04:45:46-07:00

Negative Home Equity Now at $751 Billion

2011-03-10T09:03:49-07:00

March 10, 2011 (Chris Moore) The total negative equity of homeowners who have mortgages on their homes now stands at a whopping $751 billion according to CoreLogic’s latest release of its Negative Equity Report. The report predicts that housing prices are expected to fall another 5 to 10 percent adding as much $75 billion to [...]

Negative Home Equity Now at $751 Billion2011-03-10T09:03:49-07:00

Is Foreclosure Aid Hurting or Helping?

2011-02-22T05:05:48-07:00

February 22, 2011 (Shirley Allen) Texas Republican Randy Neugebauer, the Chairman of the House Financial Services Oversight Subcommittee, says that he believes that the government needs to come to terms with the fact that its foreclosure prevention efforts are failing and actually making the housing market worse. The Chairman went on to say that the [...]

Is Foreclosure Aid Hurting or Helping?2011-02-22T05:05:48-07:00

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

Freddie Mac’s Delinquency Rate Below Industry Benchmarks

2010-12-07T05:00:35-07:00

December 7 2010 (Jeff Alan) According to the most recent MBA National Delinquency Survey, mortgage giant Freddic Mac’s serious delinquency rates were less than half the industry average in the third quarter of 2010. Read more...

Freddie Mac’s Delinquency Rate Below Industry Benchmarks2010-12-07T05:00:35-07:00

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

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