Archive for February, 2010

St Louis Refinancing Mortgage Minute Edition 27

Sunday, February 28th, 2010

Audio

News Topic Open credit card mail immediately -

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St Louis Refinancing Mortgage Minute Edition 26

Friday, February 26th, 2010

Audio

News Topic Savvy Home Buying Tip Number 3 for 2010 -

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St Louis Refinancing Mortgage Minute Edition 25

Thursday, February 25th, 2010

Audio

News Topic Common Credit Report Myth Number 5 -

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St Louis Home Loan Analysts Say 11.3 Million Homes Underwater

Wednesday, February 24th, 2010

St Louis Mortgage Refinancing and Real Estate News –

News: Residential Property Reports Say 11.3 million Homes In Negative Equity

New information released by First American CoreLogic announced that approximately 11.3 million residential properties were in a negative type state as far as equity values at the end of 2009.

This staggering number would equate (more…)

St Louis Mortgage News Reports Stimulus Package $75 Billion Higher Than Expected

Tuesday, February 23rd, 2010

St Louis Mortgage Refinancing and Real Estate News –

News: The Stimulus Bill Is Approximately $75 billion More Expensive Than Originally Believed

When the American Recovery and Reinvestment Act was enacted one year ago in February 2009, the cost that was originally “sold” to the American public fell in the area of $787 billion.

The Congressional Budget Office (CBO) went on to say that the Recovery Act’s overall (more…)

St Louis Refinancing Experts Shocked at Missing Loan Modification Paperwork

Monday, February 22nd, 2010

St Louis Mortgage Refinancing and Real Estate News –

News: Surprising Banking Disclosure Reveals Missing Loan Modification Paperwork that May Plunge Approximately 450,000 Homeowners Into Unexpected Foreclosure

The federal loan modification program also known as HAMP seemed to be lauded as the ‘financial savior’ for homeowners facing imminent foreclosure. Now for the unsettling news.

While fiduciary responsibility and small town honesty seem to be traits of a by-gone era, nothing could devastate this economy more than news hinting (more…)

St Louis Lending Experts See Home Prices Slowly On the Rebound

Saturday, February 20th, 2010

St Louis Mortgage Refinancing and Real Estate News –

News: Home Prices Appear to Be Slowly On the Rebound

According to a Standard & Poor’s (S&P) and Case-Shiller home price index annual report, on a national level, housing prices dropped 32% from the peak in the 2nd quarter of 2006 to to its lowest point in 1st quarter of 2009 and then rebounded 6.3% by the end of 2009.

Chief economist David Wyss of (more…)

St Louis Refinancing Mortgage Minute Edition 24

Friday, February 19th, 2010

Audio

News Topic Savvy Home Buying Tip Number 2 for 2010 -

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St Louis Refinancing Mortgage Minute Edition 23

Thursday, February 18th, 2010

Audio

News Topic Common Credit Report Myth Number 4 -

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St Louis Refinancing News – Do Not Underestimate These 5 Savvy Home Buying Tips

Wednesday, February 17th, 2010
by Floyd J. Tapia

Although the St. Louis mortgage and real estate market has drastically changed over the last 18 months, there are ways that consumers can avoid or at least minimize the home buying stress factor.

The following five simple yet ingenious tactics will help in making your St. Louis home loan (more…)