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US mortgage rates unchanged on Wednesday

The average rate on a 30-year U.S. mortgage with no upfront points was unchanged at 6-1/8 percent on Wednesday, according to BestInfo Inc.

The 30- read more »

 

How to Weather The Foreclosure Storm...

This housing boom was also fueled by the availability of easy credit, from no documentation loans (based solely on ones credit score) to no trade lin read more »

 

Lehman Mortgage Assets Up For Sale

Mortgage assets worth £2.3bn of Lehman Brothers are now up for grabs by BlackRock Financial Management. Talks have begun between the two parties afte read more »

 

St. Louis Real Estate - Read this before you pull the rip cord !

Any severance package that includes income, if the income is not going to continue for 3 or more years will not be used for qualification purposes wh read more »

 

St. Louis Real Estate - You Selling? - Read This!

Consider a Seller Concession…

Lowering the price of your home may sell it more quickly, however offering certain incentives can actually be much l read more »

 

St. Louis Mortgage News - Housing Assistance Tax Act of 2008 pt 2

The single largest provision in the Housing Act is a measure allowing taxpayers buying their first home to take a tax credit of up to $7,500 of the p read more »

 

St. Louis Mortgage News - Housing Assistance Tax Act of 2008

On July 30, 2008, President Bush signed into law the “Housing Assistance Tax Act of 2008” (the Housing Act). It includes a $15.1 billion package of read more »

 

St. Louis Mortgage News - 2008 B Rates

The window for reservations will open at 8 am on Monday August 4th. As soon as you have a confirmed reservation you may close loans. All loans in t read more »

 

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