Posts Tagged ‘ARM’

St Louis Mortgage Crisis Is Still Affecting Economic Progress

Tuesday, June 8th, 2010


Credit Improvement and Credit Repair


St Louis Mortgage Real Estate News –

News: Mortgage Fiasco Dragging Economic Rebound Down The Tubes (News Hot Line: 877-334-0210)

There is practically no one who has followed this mortgage crisis that would disagree that it has drug the economic recovery downhill as more and more homeowners are (more…)

St Louis Mortgage Owners Fearing That the Economy May Crash Again

Tuesday, April 27th, 2010


Credit Improvement and Credit Repair


St Louis Mortgage Refinancing and Real Estate News –

News: Will There Be Other Devastating Events to This Already Fragile Economy?

Just when the average consumer thought things were possibly turning the corner, it appears that we may be heading for a double dip recession.

Many have been wondering why the Federal Housing Administration (FHA) recently gave the green light (more…)

St Louis Mortgage Analysts No Longer Optimistic at HAMP Stopping Foreclosures

Sunday, April 18th, 2010


Credit Improvement and Credit Repair


News: Even the Treasury With Mixed Comments Knows  HAMP Not Working

With the numerous reported failures of the federal program known as HAMP, inside senior officials seem to be jumping on the band wagon sharing their new found pessimistic viewpoints on where this program may be headed.

With letters being traded between Neil Barofsky, special inspector general for the Troubled Assets Relief Program (TARP),  and one key senator, he has recently said (more…)

St Louis Home Loan Delinquencies Continue to Climb

Sunday, March 14th, 2010

St Louis Mortgage Refinancing and Real Estate News –

News:  Mortgage Delinquencies Continue to Rise According to TransUnion

Statistics recently reported to the public state 6.89 percent of mortgage payments were 60 days or more past due in the fourth quarter of 2009 according to TransUnion. 

This percentage was up from 4.58 percent (more…)

St Louis Mortgage Owners Should Educate Themselves About Adjustable Rate Mortgages (ARM)

Monday, January 25th, 2010

St Louis Mortgage Refinancing and Real Estate News –

NewsHomeowners Need to Know There Are Two More Problems with Option ARMs

The option adjustable rate mortgages (ARMs) we have talked about in the past were most popular in bubble markets namely California, Nevada, Florida and (more…)

St Louis Refinancing Mortgage Minute Edition 13

Sunday, January 24th, 2010

Audio


Welcome to the 13th edition of the St Louis Refinancing Mortgage Minute.

News Topic
:
Should You Finance Into an Adjustable Rate Mortgage (ARM)? (more…)

St Louis Mortgage Owners Drowning In Debt With 1 in 4 Mortgages Underwater

Thursday, January 21st, 2010

St Louis Mortgage Refinance and Real Estate News -

News: Consumers Drowning In Debt With 1 in 4 Mortgages Underwater

Financial research firm First American CoreLogic confirmed that nearly 23% of Americans with mortgages (more…)

St Louis Mortgage Consumers See Option ARMs Feeding Foreclosures

Thursday, January 14th, 2010

St Louis Mortgage Refinance and Real Estate News -

News: Higher Mortgage Payments from Option ARMs Feeding Foreclosures

Although there is no mortgage data currently available on specific numbers as to how many option ARM loans there are, numerous analysts estimate that as many as (more…)

Is There A New Wave of Foreclosures Coming

Wednesday, December 16th, 2009

St. Louis Refinancing Group Mortgage News -

Next wave of foreclosures coming?

According to a new report released this week by Standard & Poors (S&P), 93% of option-ARM buyers selected the worst, (more…)