Archive for December, 2011

« Older Entries

St Louis Lending and Customer Financing: Double-Dip Projected

Saturday, December 31st, 2011


St Louis Mortgage and Real Estate News -

St. Louis Mortgage Loan and In-House Financing News: Double-Dip


St Louis Home Loan, Financing For Customers and Consumer Lending | Principal Reduction Program | 314-334-0210 | St Louis Commercial Mortgage, Consumer Finance and Principal Loan Reduction


Bank of America Merrill Lynch economists say the ending of benefits for the so-called “99ers” those who have exceeded their normal benefit allotment and are on an emergency (more…)

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

St Louis Mortgage Refinancing and Consumer Finance: Home Prices Decline

Friday, December 30th, 2011


St Louis Mortgage and Real Estate News -

St. Louis Finance and Customer Financing News: NAR Reports Metro Prices Mixed, State Sales Down


St Louis Home Loan, In-House Financing and Consumer Lending | Principal Reduction Program | 314-334-0210 | St Louis Commercial Mortgage, Financing For Customers and Principal Loan Reduction


Median existing-home prices declined modestly in the second quarter with 27 percent of metropolitan areas experiencing price gains from a year ago, while state home sales declined from the second quarter of 2010, according to the latest quarterly (more…)

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

St Louis Loan and In House Financing: Buying Is Cheaper Than Renting

Thursday, December 29th, 2011


St Louis Mortgage and Real Estate News -

St. Louis Home Mortgage and Customer Financing News: Buying Is Now Cheaper Than Renting


St Louis Home Loan, Consumer Finance and Consumer Lending | Principal Reduction Program | 314-334-0210 | St Louis Commercial Mortgage, Financing For Customers and Principal Loan Reduction


Now it is cheaper to buy a two-bedroom home than to rent one in most major U.S. cities. According to real estate web site Trulia, buying was cheaper than renting in 74 percent of the (more…)

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

St Louis Mortgage Lending and Customer Financing: Past Due Mortgages Up

Wednesday, December 28th, 2011


St Louis Mortgage and Real Estate News -

St. Louis Home Loans and In-House Financing News: DSNews.com Reports That Past-Due Mortgages Climb Above 6.5 Million


St Louis Home Mortgage, Consumer Finance and Consumer Lending | Principal Reduction Program | 314-334-0210 | St Louis Commercial Mortgage, Financing For Customers and Principal Loan Reduction


According to a recent report from Lender Processing Services, the number of mortgages that are delinquent or in foreclosure is at 6,538,000. The company’s assessment is based on (more…)

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

St Louis Mortgage and Consumer Finance: Builder Forecasts For 2012

Tuesday, December 27th, 2011


St Louis Mortgage and Real Estate News -

St. Louis Mortgage Refinancing and Financing For Customers News: Diana Olick Reports Best Builder Bets for 2012


St Louis Home Mortgage, Customer Financing and Consumer Lending | Principal Reduction Program | 314-334-0210 | St Louis Commercial Mortgage, In-House Financing and Principal Loan Reduction


Sales of newly built homes are on track to set a new record low for this year. The street was expecting a flat to slightly down reading in July, and while the number came in at -0.7 percent, that figures in a very large (more…)

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

St Louis Lending and Customer Financing: Delinquencies Rise Foreclosures Fall

Monday, December 26th, 2011


St Louis Mortgage and Real Estate News -

St. Louis Mortgage Loan and In-House Financing News: Delinquencies Rise, Foreclosures Fall in Latest MBA Mortgage


St Louis Home Mortgage, Financing For Customers and Consumer Lending | Principal Reduction Program | 314-334-0210 | St Louis Commercial Mortgage, Consumer Finance and Principal Loan Reduction


The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 8.44 percent of all loans outstanding as of the end of the second quarter of 2011, an increase of 12 basis points from the first quarter of 2011, and a decrease of 141 basis points from (more…)

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

St Louis Home Mortgage and In House Financing: Shadow Inventory Poses Threat

Sunday, December 25th, 2011


St Louis Mortgage and Real Estate News -

St. Louis Mortgage Lending and Customer Financing News: Shadow Inventory Improves But Still Threatens Housing Recovery


St Louis Home Mortgage, Financing For Customers and Consumer Lending | Principal Reduction Program | 314-334-0210 | St Louis Commercial Mortgage, Consumer Finance and Principal Loan Reduction


Despite all those millions of distressed properties out on sale, depressing home prices even further, there is one glimmer of hope according Standard & Poor.

According to the report the time it would take for banks to purge all of this so-called “shadow inventory” from the (more…)

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

St Louis Commercial Financing: Commercial Real Estate Market Falls Flat

Saturday, December 24th, 2011


St Louis Mortgage and Real Estate News -

Customer Financing and In-House Financing News: Slowdown Impacts Commercial Real Estate Markets


St Louis Home Mortgage, Financing For Customers and Consumer Lending | Principal Reduction Program | 314-334-0210 | St Louis Commercial Mortgage, Consumer Finance and Principal Loan Reduction


Commercial real estate vacancy rates are flat and projections for growth have been moderated because economic growth and job creation have been weaker than expected, but modest improvements are expected over the coming year, according to the (more…)

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

St Louis Home Loans and Customer Financing: High End Housing Hits Wall

Friday, December 23rd, 2011


St Louis Mortgage and Real Estate News -

St. Louis Mortgage Lending and In-House Financing News: Diana Olick Reports Higher-End Housing Hits a Wall


St Louis Home Mortgage, Consumer Financing and Consumer Lending | Principal Reduction Program | 314-334-0210 | St Louis Commercial Financing, Consumer Finance and Principal Loan Reduction


Most of America won’t shed a tear for those who own higher-priced homes, especially given that the median home price in the nation has now fallen to just $174,000, but investors and homeowners alike should take note: Higher priced homes are (more…)

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

St Louis Finance and In House Financing: Lending Is Shrinking

Thursday, December 22nd, 2011


St Louis Mortgage and Real Estate News -

St Louis Loan and Financing For Customers News: Lending Shrinks

St Louis Home Mortgage, Consumer Financing and Consumer Lending | Principal Reduction Program | 314-334-0210 | St Louis Commercial Financing, Customer Financing and Principal Loan Reduction


Analysts at Bank of America Merrill Lynch doubt government attempts to improve the mortgage refinancing process will (more…)

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

« Older Entries