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Home Prices Continue to Slide
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You're Now Reading:
Home Prices Continue to Slide
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
You're Now Reading:
Home Prices Continue to Slide
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December 17 2010 (Jeff Alan)
housing-prices-image
CoreLogic released its October Home Price Index (PRI) which shows that home prices in the United States continued to slide for the third month in a row. According to the HPI, national home prices, including distressed properties, declined by 3.93 percent in October 2010 compared to October of last year and declined by 2.43 percent in September 2010 compared to September the year before.

Excluding distressed properties, prices declined by 1.5 percent in October 2010 compared to October of 2009

Other highlights of the report included:

– Including distressed sales, the five states with the highest appreciation were: North Dakota (+4.61 percent), West Virginia (+3.43 percent), Vermont (+2.59 percent), Maine (+1.97 percent) and Wyoming (+1.93 percent).

– Including distressed sales, the five states with the greatest depreciation were: Idaho (-15.06 percent), Alabama (-9.30 percent), Oregon (-8.50 percent), Arizona (-8.25 percent) and Florida (-8.00 percent).

– Excluding distressed sales, the five states with the highest appreciation were: Wyoming (+5.67 percent), North Dakota (+5.35 percent), Hawaii (+2.97 percent), New York (+2.93 percent), and Vermont (+2.84 percent).

– Excluding distressed sales, the five states with the greatest depreciation were: Idaho (-10.60 percent), Arizona (-6.37 percent), Washington (-5.94 percent), Michigan (-5.91 percent) and Oregon (-5.60 percent).

– Including distressed transactions, the peak-to-current change in the national HPI (from April 2006 to October 2010) was –30.2 percent. Excluding distressed transactions, the peak-to-current change in the HPI for the same period was –20.9 percent.

Mark Fleming, chief economist for CoreLogic stated, “We are continuing to see the weakness in home prices without artificial government support in the form of tax credits. The stubborn unemployment levels and seasonality are also coming into play. When you combine these factors with high shadow and visible inventories, the prospect for a housing recovery in early 2011 is fading.”

Tags: HPI, distressed sales, home price index, corelogic, national home prices, distressed properties, tax credits, unemployment levels

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
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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.
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Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
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Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at Mortgageloanrateupdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Home Buying
Tips
Home Selling
Tips
About
Mortgages
Mortgage
Calculator
Mortgage
Rates

December 17 2010 (Jeff Alan)
housing-prices-image
CoreLogic released its October Home Price Index (PRI) which shows that home prices in the United States continued to slide for the third month in a row. According to the HPI, national home prices, including distressed properties, declined by 3.93 percent in October 2010 compared to October of last year and declined by 2.43 percent in September 2010 compared to September the year before.

Excluding distressed properties, prices declined by 1.5 percent in October 2010 compared to October of 2009

Other highlights of the report included:

– Including distressed sales, the five states with the highest appreciation were: North Dakota (+4.61 percent), West Virginia (+3.43 percent), Vermont (+2.59 percent), Maine (+1.97 percent) and Wyoming (+1.93 percent).

– Including distressed sales, the five states with the greatest depreciation were: Idaho (-15.06 percent), Alabama (-9.30 percent), Oregon (-8.50 percent), Arizona (-8.25 percent) and Florida (-8.00 percent).

– Excluding distressed sales, the five states with the highest appreciation were: Wyoming (+5.67 percent), North Dakota (+5.35 percent), Hawaii (+2.97 percent), New York (+2.93 percent), and Vermont (+2.84 percent).

– Excluding distressed sales, the five states with the greatest depreciation were: Idaho (-10.60 percent), Arizona (-6.37 percent), Washington (-5.94 percent), Michigan (-5.91 percent) and Oregon (-5.60 percent).

– Including distressed transactions, the peak-to-current change in the national HPI (from April 2006 to October 2010) was –30.2 percent. Excluding distressed transactions, the peak-to-current change in the HPI for the same period was –20.9 percent.

Mark Fleming, chief economist for CoreLogic stated, “We are continuing to see the weakness in home prices without artificial government support in the form of tax credits. The stubborn unemployment levels and seasonality are also coming into play. When you combine these factors with high shadow and visible inventories, the prospect for a housing recovery in early 2011 is fading.”

Tags: HPI, distressed sales, home price index, corelogic, national home prices, distressed properties, tax credits, unemployment levels

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.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at MortgageLoanRateUpdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.

December 17 2010 (Jeff Alan)
housing-prices-image
CoreLogic released its October Home Price Index (PRI) which shows that home prices in the United States continued to slide for the third month in a row. According to the HPI, national home prices, including distressed properties, declined by 3.93 percent in October 2010 compared to October of last year and declined by 2.43 percent in September 2010 compared to September the year before.

Excluding distressed properties, prices declined by 1.5 percent in October 2010 compared to October of 2009

Other highlights of the report included:

– Including distressed sales, the five states with the highest appreciation were: North Dakota (+4.61 percent), West Virginia (+3.43 percent), Vermont (+2.59 percent), Maine (+1.97 percent) and Wyoming (+1.93 percent).

– Including distressed sales, the five states with the greatest depreciation were: Idaho (-15.06 percent), Alabama (-9.30 percent), Oregon (-8.50 percent), Arizona (-8.25 percent) and Florida (-8.00 percent).

– Excluding distressed sales, the five states with the highest appreciation were: Wyoming (+5.67 percent), North Dakota (+5.35 percent), Hawaii (+2.97 percent), New York (+2.93 percent), and Vermont (+2.84 percent).

– Excluding distressed sales, the five states with the greatest depreciation were: Idaho (-10.60 percent), Arizona (-6.37 percent), Washington (-5.94 percent), Michigan (-5.91 percent) and Oregon (-5.60 percent).

– Including distressed transactions, the peak-to-current change in the national HPI (from April 2006 to October 2010) was –30.2 percent. Excluding distressed transactions, the peak-to-current change in the HPI for the same period was –20.9 percent.

Mark Fleming, chief economist for CoreLogic stated, “We are continuing to see the weakness in home prices without artificial government support in the form of tax credits. The stubborn unemployment levels and seasonality are also coming into play. When you combine these factors with high shadow and visible inventories, the prospect for a housing recovery in early 2011 is fading.”

Tags: HPI, distressed sales, home price index, corelogic, national home prices, distressed properties, tax credits, unemployment levels

Home Buying Tips
Home Selling Tips
About
Mortgages
HOW
MORTGAGELOANRATEUPDATE
WORKS
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 MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.