Archive for September, 2010

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St Louis Finance Community Notices Credit Card Fees Are Up

Tuesday, September 14th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Bad News To Consumers As Credit Card Fees Are Up
News Press Hot Line: 314-334-0210 | Floyd Tapia


According to the market research company Synovate, the average interest rate on existing cards jumped (more…)

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St Louis Mortgage Report Says HAMP Still Failing As Defaults Rise

Saturday, September 11th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: HAMP Is Still A Failure With Defaults On the Rise
News Press Hot Line: 314-334-0210 | Floyd Tapia


According to a federal report released In August, only 36,695 homeowners received long-term mortgage modifications in July under the Obama administration’s Home (more…)

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St Louis Mortgage and Finance Experts Expect Delinquencies To Rise

Thursday, September 9th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Delinquencies To Remain High According To Standard & Poor
News Press Hot Line: 314-334-0210 | Floyd Tapia


Standard & Poor recently announced that they expect home prices to remain down for some time.

This gloomy report is largely based on declining mortgage applications, high unemployment, the (more…)

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St Louis Lending Community See Mortgage Owners Still Worried About Home Values

Monday, September 6th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance New: Homeowners Are Still Pessimistic About Future Values of Their Homes
News Press Hot Line: 314-334-0210 | Floyd Tapia


American homeowners were less confident about the value of their homes in the second quarter of this year, with one-third believing home prices had not yet reached (more…)

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St Louis Mortgage Report Says 22 Cities In Danger Of Double Dipping

Saturday, September 4th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: The Double Dip Syndrome May Be Right Around the Corner for 22 Cities
News Press Hot Line: 314-334-0210 | Floyd Tapia


The country may be heading for its new swan song financially speaking. Moody’s Economy.com just released statistics singling out 22 cities that are at real risk of (more…)

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St Louis Finance Report Says St Louis Commercial Loans Available

Friday, September 3rd, 2010


St Louis Mortgage and Real Estate News –

St Louis Commercial Financing News: Large Banks Loaning to Small Business Again
News Press Hot Line: 877-334-0210 | Floyd Tapia


According to the Federal Reserve’s quarterly survey of senior bank loan officers, the demand for St Louis small business loans was unchanged.

However, large banks whose assets are (more…)

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St Louis Home Loan Professionals Noticing HAHB Index Is Rising

Thursday, September 2nd, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: HAHB Index Is Slightly Higher?
News Press Hot Line: 314-334-0210 | Floyd Tapia


Is there goods news from the HAHB for the housing industry?

The National Association of Home Builders’ housing market index for the month of August was expected to (more…)

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St Louis Mortgage Analysts Say Retail Sales Are Up

Wednesday, September 1st, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Sales Are Reportedly Up In the Retail Industry
News Press Hot Line: 314-334-0210 | Floyd Tapia


Recent news from the Commerce Department states that total retail sales rose 0.4 percent to $362.7 billion compared with June’s 0.3 percent decrease. The June drop (more…)

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