Posts Tagged ‘st louis home loans’

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St Louis Lending Community See Mortgage Owners Still Worried About Home Values

Monday, September 6th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance New: Homeowners Are Still Pessimistic About Future Values of Their Homes
News Press Hot Line: 314-334-0210 | Floyd Tapia


American homeowners were less confident about the value of their homes in the second quarter of this year, with one-third believing home prices had not yet reached (more…)

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St Louis Mortgage Report Says 22 Cities In Danger Of Double Dipping

Saturday, September 4th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: The Double Dip Syndrome  May Be Right Around the Corner for 22 Cities
News Press Hot Line: 314-334-0210 | Floyd Tapia


The country may be heading for its new swan song financially speaking.  Moody’s Economy.com just released statistics singling out 22 cities that are at real risk of (more…)

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St Louis Home Loan Professionals Noticing HAHB Index Is Rising

Thursday, September 2nd, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: HAHB Index Is Slightly Higher?
News Press Hot Line: 314-334-0210 | Floyd Tapia


Is there goods news from the HAHB for the housing industry?

The National Association of Home Builders’ housing market index for the month of August was expected to (more…)

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Posted in st louis mortgage news | 3 Comments »

St Louis Mortgage Analysts Say Retail Sales Are Up

Wednesday, September 1st, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Sales Are Reportedly Up In the Retail Industry
News Press Hot Line: 314-334-0210 | Floyd Tapia


Recent news from the Commerce Department states that total retail sales rose 0.4 percent to $362.7 billion compared with June’s 0.3 percent decrease. The June drop (more…)

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St Louis Finance Report Says Lower Jumbo Home Loan Rates May Be Working

Tuesday, August 31st, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Large Homes Benefiting From Lower Jumbo Rates
News Press Hot Line: 314-334-0210 | Floyd Tapia


These historically low interest rates may not be helping out the smaller mortgages throughout the nation.

But it seems to be making a difference with (more…)

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St Louis Mortgage Banks See Higher Home Equity Loan Defaults

Monday, August 30th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Home Equity Loan Defaults On the Rise
News Press Hot Line: 314-334-0210 | Floyd Tapia


Just recently, news surfaced that lenders nationwide had written off approximately $11.2 billion in home equity loans in 2009.

Additional losses included $19.8 billion in (more…)

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Posted in st louis mortgage news | 13 Comments »

St Louis Home Loan Professionals Say Short Refinance Efforts Another Wasted Mortgage Program

Saturday, August 28th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: The Short Refinance Program From the FHA Is Not Very Effective

News Press Hot Line: 314-334-0210 | Floyd Tapia


In a surprise announcement, the United States Department of Housing and Urban Development (HUD) reported that the Federal Housing Administration (FHA) Short (more…)

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Posted in st louis mortgage news | 6 Comments »

St Louis Finance Report Says Small Business Owners Pessimistic On Economy

Friday, August 27th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Small Business Owners Fearful of Political Climate
News Hot Line: 314-334-0210 | Floyd Tapia


The optimism index fell to the .09 point to 88.1 in July according to the National Federation of Independent Business (NFIB).

“We don’t have any confidence that the economy is (more…)

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Posted in st louis mortgage news | 7 Comments »

St Louis Mortgage Analysts Say 20 Percent of Home Mortgage Owners Underwater

Thursday, August 26th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: With 20 Percent of Home Loan Owners Underwater, Will Obama Cancel These Debts?
News Hot Line: 314-334-0210 | Floyd Tapia


The national statistic for mortgage owners owing more than their house is worth is approaching 20 percent according to the real estate experts Zillow.com.

Although the overall number has (more…)

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Posted in st louis mortgage news | 1 Comment »

St Louis Mortgage Report Suggests America Facing A Major Depression

Tuesday, August 24th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: More Bleak News Facing America As Predicted Depression Strikes
News Hot Line: 314-334-0210 | Floyd Tapia


The St Louis Refinancing Group news team has held the views of Financier and Hedge Fund Specialist Richard Geller as a welcome depiction of how our economy is (more…)

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Posted in st louis mortgage news | 2 Comments »

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