Posts Tagged ‘st louis mortgage rates’

St Louis Mortgage Rates: NY Mortgage Fraud Probe

Sunday, June 19th, 2011


St Louis Mortgage and Real Estate News –

St Louis Finance Lending and In-House Financing News: New York Mortgage Probe
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


New York’s attorney general is investigating three Wall Street banks for their roles in the mortgage crisis that led to the downfall of the economy.

Attorney General Eric Schneiderman has (more…)

St Louis Home Mortgage and Loan Reduction: Banks Want Probe Gone

Tuesday, May 31st, 2011


St Louis Mortgage and Real Estate News –

St Louis Mortgage Rates and Customer Financing News: Banks Offer $5 Billion To Close Foreclosure Probe
St Louis Home Mortgage Lending, Consumer Lending and Consumer Loans | In-House Financing | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Principal Loan Reduction


The nation’s biggest banks are willing to pay as much as $5 billion to settle claims by federal and state officials of improper mortgage-servicing practices, according to people familiar with the situation. 

The offer is considerably less than the amounts sought by state and federal officials, some of whom are (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 Home Mortgage and Loan: Mortgage Lending Hard To Get

Wednesday, May 18th, 2011


St Louis Mortgage and Real Estate News –

St Louis Mortgage Broker and Consumer Lending News: Mortgages Are Cheap… If You Can Get One
St Louis Mortgage Rates and Commercial Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending, Customer Financing and Loan Reduction


According to the Federal Reserve, nearly a quarter of people who apply for home loans are turned down. The denial rates tell only half the story.

Many potential buyers aren’t even applying for loans because they assume they can’t get one according to St Louis loan experts. 

That shows up in credit scores for loans financed with backing from Fannie Mae and Freddie Mac.

The average credit score has risen to (more…)

St Louis Lending and Refinancing: Mortgage Applications Up

Friday, May 13th, 2011


St Louis Mortgage and Real Estate News –

St Louis Loan and Consumer Lending News: Home Mortgage Applications Appear To Be Up
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending, Mortgage and Customer Financing


The housing market was happy to see that mortgage applications increased 5.3 percent according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 15, 2011. 

The Market Composite Index, a measure of mortgage loan application volume, increased 5.3 percent on a seasonally adjusted basis from one week earlier according to St Louis mortgage experts.

On an unadjusted basis, the Index increased 5.9 percent compared with the previous week. The Refinance (more…)

St Louis Finance Lending and Loan: House Mortgages Harder To Get

Tuesday, May 10th, 2011


St Louis Mortgage and Real Estate News –

St Louis Mortgage Broker and Loan Reduction News: Mortgages Are Harder To Get
St Louis Home Mortgage and Commercial Loans | Principal Loan Reduction | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Financing


Mortgage lending companies and banks are becoming reluctant to make loans without the Fannie Mae and Freddie Mac guarantee.

This is another set back for the mortgage and housing industry as loans backed by them account for (more…)

St Louis Refinancing Loan: Refinancing Wave Short Lived

Tuesday, April 12th, 2011


St Louis Mortgage and Real Estate News –

St Louis Finance and Home Loan News: Refinance Wave Cooling
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program |
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Compliance Advocate


Mortgage refinancings through the Home Affordable Refinance Program known as HARP increased 26 percent in the third quarter of 2010.

Strategists for Fannie Mae and Freddie Mac investors, however, say the spike is likely to be short lived and that proved to be the case according to St Louis refinancing loan experts.

Fannie Mae and Freddie Mac loan modifications through HAMP increased 16 percent in the third (more…)

St Louis Mortgage Broker: Mortgage Rates Low But Going Up

Tuesday, January 18th, 2011


St Louis Mortgage and Real Estate News –

St Louis Finance News: Freddie Mac Says Mortgage Rate Hits New Record Low
Home Mortgage and Commercial Loans | Principal Reduction

877-334-0210 or 314-334-0210 | Floyd Tapia


The 30-year, fixed-rate mortgage hit its lowest point in more than 50 years according to St Louis mortgage broker experts.

The Freddie Mac Primary Mortgage Market Survey reported the average rate for a 30-year, fixed-rate mortgage at 4.19 percent with an average 0.8 origination point (more…)

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…)

St Louis Refinancing Mortgage Minute Edition 50

Friday, April 23rd, 2010

Audio

News Topic: Home Sales Still Declining -

(more…)