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WE VERIFY & TRANSMIT TO LENDERS
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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.
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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.
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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.
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Shadow Inventory Gets a Little Smaller

2011-06-23T01:01:03-07:00

June 23, 2011 (Chris Moore) The current residential shadow inventory declined to 1.7 millions units in April 2011 from 1.9 million units reported in April 2010 according to real estate information provider CoreLogic. The decline was attributed to fewer new delinquencies and a higher level of distressed property sales. […]

Shadow Inventory Gets a Little Smaller2011-06-23T01:01:03-07:00

Fannie Mae’s HomePath Properties Incentives Expanded

2011-06-15T01:54:01-07:00

June 15, 2011 (Shirley Allen) Fannie Mae is serious about reducing its Real Estate Owned (REO) properties and has announced an expansion of its current incentives to help reduce its inventory. Qualified buyers and selling agents will be able to continue to receive closing cost assistance and bonuses for sales made through the HomePath REO [...]

Fannie Mae’s HomePath Properties Incentives Expanded2011-06-15T01:54:01-07:00

Clear Capital Reports Signs of Housing Market Stabilizing

2011-06-09T01:22:50-07:00

June 9, 2011 (Jeff Alan) Clear Capital reports that there are signs of market stabilization for the upcoming summer buying season as U.S. quarter-over-quarter home prices through the end of May declined only 2.3 percent according to data from its latest Home Price Index (HPI), which was half of what the decline was in last [...]

Clear Capital Reports Signs of Housing Market Stabilizing2011-06-09T01:22:50-07:00

Nevada Bill Makes Foreclosure Willful Damage a Felony

2011-03-22T05:05:20-07:00

March 2, 2011 (Chris Moore) Nevada Republican Assemblymember Peter Goicoechea has introduced legislation in the State Assembly that would make it a felony to willfully damage a home during the foreclosure process. The bill has been referred to the state judiciary committee. Read more...

Nevada Bill Makes Foreclosure Willful Damage a Felony2011-03-22T05:05:20-07:00

FHA REO Inventory Skyrockets

2011-02-23T05:05:12-07:00

February 23, 2011 (Shirley Allen) The Federal Housing Administration (FHA) released its December Monthly Report which showed that the agencies Real Estate Owned (REO) inventory was at 60,739 at the end of December, up 9.5 percent from 55,488 in November, and up 47.5 percent from December 2009. The report estimates the current value of its [...]

FHA REO Inventory Skyrockets2011-02-23T05:05:12-07:00

Distressed Properties Account for Half of Home Purchases

2011-02-23T04:55:42-07:00

February 23, 2011 (Chris Moore) Calling the latest data released in its January report “an ominous sign,” Campbell/Inside Mortgage Finance reports in this month’s HousingPulse Tracking Survey that a staggering 49.6 percent of home purchase transactions were distressed properties, the highest level in nearly a year. Read more...

Distressed Properties Account for Half of Home Purchases2011-02-23T04:55:42-07:00

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