St Louis Mortgage and Real Estate News -
St Louis Mortgage Broker and Home Loan News: Olick – Credit Rules the Housing Market
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Reduction
Existing home sales were basically flat in April, down close to one percent month-to-month and down nearly 13 percent year-over-year, but you have to remember last year we were heavily under the influence of the home buyer tax credit. Now we are heavily under the influence of the mortgage market, or lack thereof.
It’s all in the numbers. Let’s start with all-cash. Thirty-one percent of (more…)





