St Louis Mortgage: Americans Are Reducing Debts at Record Pace

July 25th, 2012

St Louis Home Loans and In House Financing News: Americans Lead in Debt Reduction Compared to Other Countries

St Louis Mortgage Broker, Customer Financing | For St Louis Lending Info: St Louis Mortgage Group (314) 334-0210 | St Louis Home Loan | St Louis Commercial Lending, Loans and Principal Reduction Program

There is surprising financial news about the average Americans cutting their debt faster than other countries and as according to latest economists may already be halfway through this de-leveraging process. This grand undertaking could be setting the stage for a Read the rest of this entry »

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St. Louis Mortgage: What Are Home Buyers Putting Down For Down Payments

May 29th, 2012

St. Louis Home Loans, Mortgage Broker and In House Financing News: Higher Credit Requirements and Down Payments Go Hand-in-Hand

St Louis Home Mortgage, Customer Financing | For St Louis Lending Info: St Louis Mortgage Group (314) 334-0210 | St Louis Home Loan | St Louis Commercial Lending, Loans and Principal Reduction Program

Most professionals in the housing industry whether it would be new home builders, real estate agents or news reporters all seem to agree that the biggest obstacle to getting out of this mortgage fiasco is higher credit underwriting standards. Down payments are a substantial part of that which as most lending experts will say you may not be able to get those low St Louis home mortgage rates today without putting down at least 20 percent or more especially if you are seeking a Read the rest of this entry »

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St. Louis Mortgage and Home Loans: Freddie Mac Expects Low Rates

May 23rd, 2012

St Louis Home Mortgage and Mortgage Broker News: Freddie Expects Low Rates Through the Middle of 2012

St Louis Mortgage, Customer Financing | For St Louis Lending Info: St Louis Mortgage Group (314) 334-0210 | St Louis Home Loan | St Louis Commercial Lending, Loans and Principal Reduction Program

Freddie Mac said with optimism that mortgage rates would likely remain very low, at least through mid-2012, and low-and-behold they were right on target. Rates on 30-year conforming mortgages have hovered around 4.0 percent or lower for the the first quarter. The GSE says that in large part due to the Read the rest of this entry »

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Principal Loan Reduction News Says New Foreclosure Law To Prevent Scams

May 20th, 2012

Loan Reduction, In House Financing and St. Louis Home Loan News: 2011 Law Signed By Governors Prevents Foreclosure Scams

St Louis Mortgage Broker, Customer Financing | For St Louis Lending Info: St Louis Mortgage Group (314) 334-0210 | St Louis Home Loans | St Louis Commercial Lending, Loans and Principal Reduction Program

A new law signed into effect in December 2011 is designed to regulate the foreclosure industry and require foreclosure consultants to be licensed by the state Department of Banking and Read the rest of this entry »

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St. Louis Commercial Lending Says Investors Moving Foreclosures Faster

May 19th, 2012

St. Louis Commercial Loans and Financing News: Investors Moving Foreclosures Much Faster Than Banks


St. Louis Foreclosures, Customer Financing | For Lending Info: Floyd Tapia, (314) 334-0210 | St. Louis Loans | St. Louis Commercial Lending and Principal Loan Reduction

(Text) LOCALNEWS (to) 314-287-4002

There have been close records kept throughout this mortgage fiasco period according to the St. Louis commercial mortgage news team. In fact, ForeclosureRadar, based out of Discovery Bay, California, keeps tabs on every foreclosure and provides daily auction updates for its coverage area, which encompasses Read the rest of this entry »

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