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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
TransUnion
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
TransUnion

Mortgage-Only Defaulters Perform Better on New Loans

2011-06-03T02:08:05-07:00

June 3, 2011 (Chris Moore) Are borrowers who only defaulted on their mortgage loans during the economic downturn a better credit risk than borrowers who defaulted on their mortgage loans and their other debt, such as car loans and credit cards? A recent study by credit bureau giant TransUnion would suggest that they are. [...]

Mortgage-Only Defaulters Perform Better on New Loans2011-06-03T02:08:05-07:00

National Mortgage Loan Delinquency Rates Improve in First Quarter

2011-05-18T01:50:36-07:00

May 18, 2011 (Jeff Alan) The national mortgage delinquency rate decreased to 6.19 percent in the first quarter of 2011 according to credit giant TransUnion. Loans in which borrowers were 60 days or more past due declined for the fifth consecutive quarter and TransUnion predicts that delinquencies are expected remain flat or slow in their [...]

National Mortgage Loan Delinquency Rates Improve in First Quarter2011-05-18T01:50:36-07:00

Mortgage Loan Delinquencies Continue to Drop

2010-11-22T22:46:37-07:00

November 22, 2010 (Jeff Alan) Credit Bureau giant TransUnion’s quarterly analysis of the mortgage industry is predicting a continuing drop in the national mortgage delinquency rate following another decrease in the third quarter of 2010. The delinquency rate dropped form 6.67 percent in Q2 2010 to 6.44 percent in Q3 2010 making it the largest [...]

Mortgage Loan Delinquencies Continue to Drop2010-11-22T22:46:37-07:00

Mortgage “Roll Rates” Peaked in Summer of 2009

2010-11-01T17:12:43-07:00

November 1 2010 (Chris Moore) In a report released by credit bureau giant TransUnion, mortgage delinquency “roll rates” peaked in the summer of 2009. The “roll rate” is the percentage of borrowers who enter a worse delinquency stage on their mortgage payments each successive month. In other words, a higher percentage of borrowers are behind [...]

Mortgage “Roll Rates” Peaked in Summer of 20092010-11-01T17:12:43-07:00

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