Posts Tagged ‘recession’

St Louis Home Loan Mortgage and Customer Financing: Housing Key To Recovery

Friday, February 3rd, 2012


St Louis Mortgage and Real Estate News -

St. Louis Mortgage Broker and In-House Financing News: Federal Reserve Says Housing Is Key To Recovery


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


A fresh emphasis on healing the housing sector by officials at the Federal Reserve, in the Obama administration and in state capitals reflects the view that a healthier real estate market would go a long way in strengthening the economy. Fed Chairman Ben Bernanke said that the U.S. central bank was considering (more…)

St Louis Mortgage Lending or In House Financing: Another Recession May Be Coming

Wednesday, January 11th, 2012


St Louis Mortgage and Real Estate News -

St. Louis Finance and Customer Financing News: Recession To Be or Not To Be?


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


A summer of modest economic growth is helping dispel lingering fears that another recession might be near. Whether the strength can be sustained is less certain. (more…)

St Louis Home Loan Mortgage and In House Financing: Home Prices Dropping

Saturday, January 7th, 2012


St Louis Mortgage and Real Estate News -

St. Louis Mortgage Refinancing and Customer Financing News: Home Prices Have Dropped


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


The Standard & Poor’s/Case-Shiller index showed today that home prices increased in August from July in 10 of the 20 cities tracked. That marked the fifth straight month that at least half of the cities in the survey showed gains. (more…)

St Louis Home Loan and In House Financing: Default Notices Go Up

Saturday, December 10th, 2011


St Louis Mortgage and Real Estate News -

St. Louis Mortgage Refinancing and Customer Financing News: Default Notices Spike
St Louis Home Mortgage, Consumer Financing and Consumer Lending | Principal Reduction Program | 314-334-0210 | St Louis Commercial Mortgage, Consumer Finance and Principal Loan Reduction


A recent report by RealtyTrac says first-time default notices were filed on 78,880 homes last month, marking a nine-month high and up 33 percent from July. It was the biggest increase since August 2007. But as these numbers went up, notices were (more…)

St Louis Mortgage Broker and Consumer Financing: Another Recession Coming

Friday, December 9th, 2011


St Louis Mortgage and Real Estate News -

St. Louis Home Loan Mortgage and In-House Financing News: Chief Economist Says 40 Percent Chance of Recession
St Louis Home Mortgage, Customer Financing and Consumer Lending | Principal Reduction Program | 314-334-0210 | St Louis Commercial Mortgage, Consumer Finance and Principal Loan Reduction


People throughout the nation are desperately wondering if this country will be back down into recession or finally up toward a recovery. Moody’s Analytics Chief Economist Mark Zandi says the inflection point for the economy will likely occur in the coming (more…)

St Louis Business and Customer Financing: Is Another Recession Looming

Monday, November 28th, 2011


St Louis Mortgage and Real Estate News -

St. Louis Mortgage Broker and In-House Financing News: Predictions Point To a 60 Percent Chance of Recession
St Louis Home Mortgage and Consumer Finance | Principal Reduction Program | 314-334-0210 | St Louis Commercial Mortgage, Consumer Lending and Principal Loan Reduction


The St. Louis Refinancing Group news team has learned that the bond market indicator that has predicted every U.S. recession since 1970 shows that the economy has about a (more…)

St Louis Lending and In House Financing: Recession Over According to Experts

Saturday, November 26th, 2011


St Louis Mortgage and Real Estate News -

St. Louis Mortgage Refinancing and Customer Financing News: Recession Over, But Incomes Still Falling
St Louis Home Mortgage and Consumer Finance | Principal Reduction Program | 314-334-0210 | St Louis Commercial Mortgage, Consumer Lending and Principal Loan Reduction


Between June 2009, when the recession officially ended, and June 2011, inflation-adjusted median household income fell 6.7 percent, to $49,909, according to a study by two former Census Bureau officials. During the recession which occurred from (more…)

St Louis Home Loan Mortgage: What Is The Best Investment

Sunday, June 12th, 2011


St Louis Mortgage and Real Estate News –

St Louis Loans and In-House Financing News: Consumers Still Believe Home Ownership Is The Best Investment
St Louis Home Mortgage, Customer Financing and Commercial Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Reduction


According to a report by Pew Research released in April 2011, this figure is only down 3 percent from 1991.

Pew cites a CBS News/New York Times survey completed in 1991.  Of those 81 pecent of the adult sample, 37 percent ”strongly agree” that a (more…)

St Louis Commercial Loans and Mortgage: Malls Still Vacant

Friday, May 20th, 2011


St Louis Mortgage and Real Estate News –

St Louis Refinancing Loans and In-House Financing News: Malls Vacancies Hit All Time High
St Louis Commercial Mortgage, Customer Financing and Consumer Lending | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending, Financing and Consumer Loans


Even as the economy picks up steam, many of the nation’s malls and shopping centers are suffering a hangover due to changing consumer habits and the fallout from a massive building boom. Mall vacancies hit their highest level in at least 11 years in the first quarter, new figures from real-estate research company Reis Inc. showed.

In the top 80 U.S. markets, the average vacancy rate was 9.1 percent, up from 8.7 percent. 

The outlook is especially bad for strip malls and other neighborhood shopping centers as seen by St Louis mortgage brokers.

Their vacancy rate is expected to top (more…)

St Louis Mortgage: Weak Recovery For Years

Sunday, March 6th, 2011


St Louis Mortgage and Real Estate News –

St Louis Loan and Finance News: Federal Reserve Predicts Weak Recovery For Years
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program |
877-334-0210 or 314-334-0210 | Floyd Tapia, St Louis Loan Modification


According to minutes from the Federal Reserve’s November 2010 meeting, more than half of the central bank’s policymakers thought it would take about five or six years for unemployment, growth and inflation to return to more normal levels.

Other Fed members warned the full economic recovery could take even longer than that.  The much weaker forecast is the major reason that policymakers (more…)