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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
unemployment
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
unemployment

Southern California Home Sales Plummet

2011-01-19T05:15:02-07:00

January 19, 2011 (Jeff Alan) Southern California home sales plummeted almost 13 percent in December from a year earlier as unemployment and tight credit cut demand, according to San Diego-based data firm DataQuick. The data was somewhat of a surprise as the Southern California market had recently been showing signs of stability and market improvement. [...]

Southern California Home Sales Plummet2011-01-19T05:15:02-07:00

States with Most Economic Woes Facing Highest Stress

2011-01-13T05:15:05-07:00

January 13, 2011 (Jeff Alan) Feeling a little bit more stressed lately about the current economic situation? Can’t sleep at night thinking about unemployment and foreclosures? You’re not alone. According to the Associated Press’ monthly stress analysis, so are a lot of other people. One month after economic stress reached an 18-month low nationally, it [...]

States with Most Economic Woes Facing Highest Stress2011-01-13T05:15:05-07:00

Time Running Out for Oregon Mortgage Assistance

2011-01-06T04:30:29-07:00

January 6, 2011 (Jeff Alan) Time is running out for Oregon residents, who can receive up to one year of mortgage payments, or a total of $20,000, which is up for grabs in the Mortgage Payment Assistance Program (MPA), and you can still apply until Jan. 14. And homeowners do not even need to be [...]

Time Running Out for Oregon Mortgage Assistance2011-01-06T04:30:29-07:00

Evictions Drop, More Foreclosures Expected in 2011

2010-12-20T05:30:13-07:00

December 20 2010 (Chris Moore) Foreclosure activity took a nosedive in November, reflecting both an expected seasonal lull and foreclosure moratoriums that were imposed by several of the major servicers however, that should only be a temporary situation as foreclosures in 2011 are expected to top 2010’s record levels. Read more...

Evictions Drop, More Foreclosures Expected in 20112010-12-20T05:30:13-07:00

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

Las Vegas Still Tops in Foreclosures

2010-10-30T00:44:06-07:00

October 30 2010 (Chris Moore) Las Vegas continues to top the country in foreclosure filings according to RealtyTrac in its third quarter report. Cities in four states -- California, Florida, Nevada, and Arizona -- accounted for the 13 hardest hit areas. Las Vegas was far and away the hardest hit metro area. One out of [...]

Las Vegas Still Tops in Foreclosures2010-10-30T00:44:06-07:00