St Louis Mortgage Report Predicts 20 Million Home Loans Underwater By 2012

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-mortga... St Louis Finance News: Economists Say Almost 20 Million Underwater Mortgages By 2012 | Residential and Commercial Lending: 314-334-0210 | Floyd Tapia | There was recent talks by the Deutsche Bank saying more than 14 million borrowers were underwater as far as home values were concerned as of the first quarter of 2010. They went on to report that with a further 10.7 percent decline in house prices which was relative to the...

St Louis Mortgage Professionals Notice Jobless Claims Are Up

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-mortga... St Louis Finance News: National Jobless Claims Are On The Rise Residential and Commercial Lending: 314-334-0210 | Floyd Tapia | The month ending July 31st saw a huge increase in jobless claims. The Labor Department says there were 479,000 initial jobless claims filed which is up from 19,000 from a revised 460,000 from the third week of July. That weekly figure was the highest since April 10th, when the soaring number was...

St Louis Mortgage Lenders Hail Education Site Launched By Fannie Mae

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-mortga... St Louis Finance News: New Borrower Education Site Launches | Residential and Commercial Lending: 314-334-0210 | Floyd Tapia | A long awaited educational website has being launched by the home loan giant, Fannie Mae. Reports say it has been designed to educate distressed borrowers on house retention strategies and foreclosure alternatives. There will be calculators within this online education resource that will help demonstrate to homeowners...

St Louis Home Loan Community Sees Consumers Saving More But Spending Less

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-home-l... St Louis Finance Review: The Ironic Paradox of Being Thrifty [Residential and Commercial Lending: 314-334-0210 | Floyd Tapia] In a time where most experts would agree that it is great that consumers are acting more financially responsible, it seems to be perpetuating an already growing problem known as the “paradox of thrift.” American expenditures and personal...

St Louis Mortgage Analysts Warn States Are Going Bust

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-mortga... St Louis Finance News: Numerous States Are Going Broke… Again [Residential and Commercial Loans: 314-334-0210 | Floyd Tapia] A new budge report that was recently issued by the National Conference of State Legislatures listed four states that may be facing new fiscal gaps exceeding $1 billion each while another 21 states could be seeing a possible...

St Louis Home Loan Consumers Share 7 Great Home Improvement Tips

http://ukidentity.co.uk/?p=5282 St Louis Home Loan | St Louis Mortgage | 314-334-0210 | Consumers – Before you put your home on the market, make sure you read the following home improvement ideas recommended by St Louis real estate agents and how you can spruce up the old place without spending a complete fortune. 1. Hot Looking Kitchen - Depending on your budget, why not start with the less expensive type of replacements that will make your old...

St Louis Mortgage: Major Cities See Rise In Foreclosures

St Louis Mortgage and Real Estate News –

St Louis Finance News: Foreclosures Climbing In The Metro Areas By 75 Percent
St Louis Home Loan and Commercial Lending | 314-334-0210 | Floyd Tapia]


It is no surprise when we hear that foreclosures are still on the rise.

But recent information tells us that foreclosure filings have climbed in 75 percent of the nation’s largest cities during the first six months of 2010 according to RealtyTrac, an online marketer of foreclosed homes.

The states that have lead this downward housing trend have been

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