Archive for October, 2011

St Louis Home Loans and Mortgage Lending: Home Prices Up In Some Areas

Sunday, October 9th, 2011


St Louis Mortgage and Real Estate News -

St Louis Mortgage Refinancing and Consumer Lending News: Prices Up In Some Areas
St Louis Home Mortgage and Consumer Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Mortgage, Customer Financing and Loan Reduction


Home prices in the U.S. rose 0.5 percent in the month of April, according to the FNC Residential Price Index. The index increased for the first time since the (more…)

St Louis Home Loan and Consumer Lending: Home Prices Danger To Recovery

Wednesday, October 5th, 2011


St Louis Mortgage and Real Estate News -

St Louis Customer Financing and Mortgage Broker News: WSJ Reports Home Prices Are A Danger To The Recovery
St Louis Home Mortgage and Consumer Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Mortgage, Lending and Loan Reduction


Home prices have sunk to 2002 levels, effectively wiping out almost a decade’s worth of home equity across the U.S. and imperiling the fragile economic recovery as Americans confront the falling value of their biggest investment. A closely watched home-price index released (more…)

St Louis Mortgage and Consumer Lending: Low Home Prices Bad For Banks

Saturday, October 1st, 2011


St Louis Mortgage and Real Estate News -

St Louis Home Loans and Customer Financing News: Olick Says Low Prices Hit Banks
St Louis Home Mortgage and Consumer Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Mortgage, Lending and Loan Reduction


“Home prices began double-dipping months ago, but now that S&P/Case Shiller has chimed in, it really must be so. This report is the most widely-followed home price index, equally quoted in bank boardrooms, Treasury Department back rooms, and Congressional Committees.

The report finds home prices in Q1 of this year are now 2.9 percent below the previous quarterly bottom in Q1 of 2009, effectively giving up all the gains of the (more…)