Archive for December, 2009

St Louis Refinancing Mortgage Minute Edition 3

Friday, December 18th, 2009

Audio

Welcome to the 3rd edition of the St. Louis Refinancing Group Mortgage Minute.

News Topic:  A smart way to tame your debt -  If you’re in debt, you must stop charging and live within (more…)

Rebuilding Your Credit Even In This Bad Economy

Thursday, December 17th, 2009

St. Louis Refinancing Group Mortgage News -

There are times in life when bad things happen to your finances.  When one loses their job or experiences a medical condition, this can lead to foreclosure, even bankruptcy.  Although these things (more…)

Is There A New Wave of Foreclosures Coming

Wednesday, December 16th, 2009

St. Louis Refinancing Group Mortgage News -

Next wave of foreclosures coming?

According to a new report released this week by Standard & Poors (S&P), 93% of option-ARM buyers selected the worst, (more…)

Should Payment Option Adjustable Rate Loans Be Prohibited

Tuesday, December 15th, 2009

St. Louis Refinancing Group Mortgage News -

Comptroller of the Currency John Dugan said regulators should prohibit lenders from making payment-option adjustable-rate loans (more…)

Recession Over – What Do the Experts Think

Monday, December 14th, 2009

St. Louis Refinancing Group News -

Economic forecasters predict that 2010 will be the first year since 2005 for housing to contribute to the growth of the U.S. economy, according to a survey released by the National Association for Business Economics.

Home prices are expected to rise 2 percent next year, but forecasters don’t believe the increase in prices will discourage homebuyers.  More than 80 percent of economists surveyed by the NABE think the recession is over and recovery has begun, but they expect the expansion to be slow because unemployment persists.  

Source: Associated Press

Is the recession finally over with and recovery underway? 
What is your opinion?
 

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St Louis Refinancing Mortgage Minute Edition 2

Saturday, December 12th, 2009

Audio

Welcome to the 2nd edition of the St. Louis Refinancing Mortgage Minute.

News Topic:  When is comes to working with a credit counselor, an important question to ask is:  “Can this organization (more…)

Bad Economy, Lost Job, Bad Credit and Still No Work

Thursday, December 10th, 2009

St. Louis Refinancing Group Credit Tip:

The economy seems to be at an undesirable halt. What makes matters worse is that thousands in St. Louis have lost their jobs due to this economical setback.  As a result, those who are now unemployed have had little or no income coming and are falling behind on their home mortgage, (more…)

St. Louis Refinancing Mortgage Minute First Edition

Tuesday, December 8th, 2009

Audio

Welcome St. Louis to the first edition of the St. Louis Refinancing Mortgage Minute.  The St. Louis Refinancing Group is dedicated to bringing important mortgage and real estate news to the local consumer. 

We would also like to take a moment and mention (more…)