Posts Tagged ‘debt’

St Louis Home Mortgage Lending: Underwater Means Drowning In Debt

Thursday, May 26th, 2011


St Louis Mortgage and Real Estate News –

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


If you have no desire or need to sell your home, then falling home prices are just on paper and likely temporary, right? Depends on how you look at it. 

Falling home prices put more borrowers in a negative equity position, that is owing more on their mortgage(s) than their homes are worth.

We call that ‘underwater,’ and for good reason, because for some borrowers that sense of drowning (more…)

St Louis Mortgage Refinancing and Loan: Hard Line In Debt

Wednesday, May 25th, 2011


St Louis Mortgage and Real Estate News –

St Louis Home Loan and Consumer Lending News: Boehner Takes A Hard Line On Debt
St Louis Home Mortgage and Commercial Loans | In-House Financing | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending, Customer Financing and Principal Loan Reduction


House Speaker John Boehner recently indicated that he plans to hold a hard line in debt-ceiling negotiations. Among his demands: Spending cuts in exchange for support to raise the debt ceiling and the cuts will (more…)

St Louis Mortgage Refinancing Loan: US Credit Rating Lowered

Saturday, May 14th, 2011


St Louis Mortgage and Real Estate News –

St Louis Home Loan Mortgage and Consumer Lending News: U.S. Credit Rating Outlook Lowered
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, St. Louis Commercial Lending, Customer Financing and Loan Reduction


The S&P maintained its ‘AAA/A-1+’ credit rating on U.S. sovereign debt, saying the nation’s “highly diversified” economy and “effective monetary policies” have helped support growth.

But the agency lowered its outlook for America’s long-term credit rating to “negative” from “stable,” based (more…)

St Louis Mortgage Lenders Say Credit Card Debt Lowest In 8 Years

Thursday, September 16th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Consumer Credit Card Debt the Lowest in 8 Years
News Press Hot Line: 314-334-0210 | Floyd Tapia


Today in financial news, the average combined debt for bank-issued credit cards like those with a MasterCard or Visa logo fell to $4,951 in the three months ended (more…)

St Louis Home Loan Analysts Say 1 Out Of 5 Suffered Major Economic Loss

Friday, August 6th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Major Economic Loss Suffered By 20 Percent Of Americans [News Hot Line: 314-334-0210 | Floyd Tapia]


The plight of Americans seems to be sinking at an all time high. It has been estimated that approximately 20 percent of consumers have suffered a (more…)

St Louis Refinancing Mortgage Minute Edition 60

Wednesday, June 16th, 2010

Audio

News Topic: Another Way to Improve Your Credit Score -

(more…)

St Louis Refinancing Mortgage Minute Edition 39

Friday, March 26th, 2010

Audio

News Topic 1 Common Money Mistake People Make -

(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 Refinancing Mortgage Minute Edition 3

Friday, December 18th, 2009

Audio

Welcome to the 3rd edition of the St. Louis Refinancing Group Mortgage Minute.

News Topic:  A smart way to tame your debt -  If you’re in debt, you must stop charging and live within (more…)