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Distressed St Louis Mortgage Owners May Be Penalized For Saving Money

The St Louis mortgage industry is puzzled at the report coming from the United States Treasury Department stating that approximately 90,000 distressed homeowners may lose their federal mortgage funding that was made available by the foreclosure prevention programs. This report is not just for those who have yet to apply. The loss of monetary benefits […]

St Louis Mortgage Industry Says Tax Credit Stimulus a Disappointment

Although this comes as no surprise to consumers, this country has experienced a major financial setback both in the real estate housing industry, the stock market and now we face some of the highest unemployment rates in decades. St Louis home loan professionals have feared that with unemployment escalating, there may not be any good […]

St Louis Home Loan Experts Are Saying Get Ready For Higher Interest Rates

When the Fed stated that they would stop buying mortgage-backed securities to the tune of $1.25 trillion, the news sent financial chills down the backs of politicians as well as mortgage and real estate viagra 100mg tablets professionals nationwide. What was created to help the economy could now put it in its fiscal grave. ACH […]