Archive for November, 2010

« Older Entries

St Louis Loan: New Lows For Mortgage Rates

Tuesday, November 30th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Mortgage Rates Set New Lows
Residential and Commercial Loans | 314-334-0210


Interest rates have continued to set all-time lows, as Zillow reported its Mortgage Marketplace showed the average rate for a 30-year, fixed mortgage is currently 4.25 percent.

The real estate information firm said the rate if down seven basis points from 4.32 percent the week (more…)

Tags: , , , , , , , , , , , , ,
Posted in st louis mortgage news | No Comments »

St Louis Mortgage: Businesses Still Not Hiring

Monday, November 29th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Why Companies Are Not Hiring
Home Mortgage and Commercial Loans | Principal Reduction
877-334-0210 or 314-334-0210 | Floyd Tapia



Productivity is slowing at a much quicker pace than expected. Consider the following statistics just released.

After growing last year at an average annual rate of 6.2 percent as measured by output per worker, productivity slowed during the first three months of this year and fell by (more…)

Tags: , , , , , , , , , , , , ,
Posted in st louis mortgage news | No Comments »

St Louis Home Mortgage: Mortgage Applications Down

Sunday, November 28th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: St Louis Mortgage Applications Are Down
Residential and Commercial Loans | 314-334-0210


The Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 17, 2010 decreased 1.4 percent on a seasonally adjusted basis from one week earlier.

On an unadjusted basis, the Index increased 22.9 percent compared with the previous week, which (more…)

Tags: , , , , , , , , , , , , ,
Posted in st louis mortgage news | 1 Comment »

St Louis Commercial Real Estate In A Decline

Saturday, November 27th, 2010


St Louis Mortgage and Real Estate News –

St Louis Loan Audit News: Commercial Real Estate Nears Record Low
Home Mortgage and Commercial Loans | Principal Reductions
877-334-0210 or 314-334-0210 | Floyd Tapia


Commercial real estate prices dropped another 3.1 percent in July, the second-straight month of declines and only 0.9 percent above the recession low in October 2009, according to the credit rating agency Moody’s Investment Services.

Currently, prices are 43.2 percent below the peak in October 2007. Over the past year, St Louis commercial real estate prices as with national properties have (more…)

Tags: , , , , , , , , , , , , , , ,
Posted in st louis mortgage news | No Comments »

St Louis Loan: Is Housing Market Headed In Right Direction

Friday, November 26th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Housing Starts Up
Residential and Commercial Loans | 314-334-0210


According to the Commerce Department, housing starts jumped 10.5 percent to a seasonally adjusted annual rate of 598,000 in August from a revised 541,000 in July.

Economists were expecting a rate of (more…)

Tags: , , , , , , , , , , , , ,
Posted in st louis mortgage news | No Comments »

St Louis Refinancing: No New Jobs With Supposed Recovery

Wednesday, November 24th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: More Jobs Lost Since Recovery
Home Mortgage and Commercial Loans | Principal Reductions
877-334-0210 or 314-334-0210 | Floyd Tapia


While we desperately look for any light at the end of the tunnel for this dismal economy, the grim fact still stares us in the face… that being unemployment.

The United States economy has (more…)

Tags: , , , , , , , , , , , ,
Posted in st louis mortgage news | No Comments »

St Louis Mortgage: Home Sales Still Down

Tuesday, November 23rd, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Home Sales Are Leveling Off
Home Mortgage and Commercial Loans | Principal Reductions
877-334-0210 or 314-334-0210 | Floyd Tapia


August home sales for 2010 dropped 0.5 percent after plummeting in July, according to real estate franchise RE/MAX.  Home sales are still down 17.9 percent from August of last year.

While some real estate agents reported (more…)

Tags: , , , , , , , , , , , ,
Posted in st louis mortgage news | No Comments »

St Louis Finance: Rare Double Dip Recession May Be Coming

Monday, November 22nd, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Is Double Dip Recession a Reality?
Home Mortgage and Commercial Loans | Principal Reductions
877-334-0210 or 314-334-0210 | Floyd Tapia


There has been the widely circulated point of view that the risk of the United States economy falling into a double-dip recession is rising and may be real.

Of course, the chances of this happening (more…)

Tags: , , , , , , , , , , , , , ,
Posted in st louis mortgage news | No Comments »

St Louis Home Loan: New Bill May Help Short Sales

Sunday, November 21st, 2010


St Louis Mortgage and Real Estate News –

St Louis Loan Audit News: NAR Hails Bill To Help Short Sales
Home Mortgage and Commercial Loans | Principal Reductions
877-334-0210 or 314-334-0210 | Floyd Tapia


There are several ideas on Capitol Hill that are in the works that would help homeowners who are underwater with their mortgage find that relief may be  on the way (more…)

Tags: , , , , , , , , , , , , , , ,
Posted in st louis mortgage news | No Comments »

St Louis Lending: Auto Sales The Lowest In 28 Years

Friday, November 19th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Auto Sales Fall To The Lowest In 28 Years
Home Mortgage and Commercial Loans | Principal Reductions
877-334-0210 or 314-334-0210 | Floyd Tapia


Reports over the summer from the U.S. auto industry portrayed car sales in August the bleakest in decades according to St Louis lending experts.

They suggest that auto sales were probably the slowest for the month in 28 years as model-year closeout (more…)

Tags: , , , , , , , , , , , , , , ,
Posted in st louis mortgage news | No Comments »

« Older Entries