real estate sellers: St. Louis Real Estate - Mortgage News - Bond Rally
- 02/28/08 08:33 AM
Fed Chair Comments start slight bond rally! by Chris Scheer, Branch Manager, Cornerstone Mortgage, O'Fallon, MO In Ben Bernanke's testimony yesterday before Congress he painted a grim picture on the current economy and has given every inclination that the Fed is poised to deal with the recession fully knowing that all that they do to fix the economy now will mean that they will have to reverse, once the economy is going, to stop the inflation that is currently happening. So what does that mean to you? Short term rates are going to go down further. Your credit card rates and home equity rates … (0 comments)
real estate sellers: St. Louis Real Estate - Mortgage News - Economic Data
- 01/14/08 05:05 AM
How will the economic reporting this week affect the St. Louis Housing Market?If you haven't already subscribed to our RSS feed, do so now, and be sure to follow Chris Scheer all this week as he examines the effects of the reports and weights in on Countrywide Mortgage. "This will be a very busy week in terms of economic data. Tuesday will be the release of December's Producer Price Index , along with Core PPI, and Retail Sales which gives a glimpse into the state of inflation and whether it is effecting consumer buying. Wednesday's data will include Consumer Price Index and then Thursday … (0 comments)
real estate sellers: St. Louis Real Estate - St. Louis Mortgage News (Part Two)
- 09/18/07 08:57 AM
If your Buying or Selling St. Louis Real Estate you better pay close attention to this advice! Federal Reserve Throws A Punch At Housing Slump by Chris Scheer, Branch Manager, Cornerstone Mortgage, O'Fallon, Missouri Well when Federal Reserve Chief Bernake took his first swing it was a big one. As previously written a .50% rate cut was not the consensus of the Fed watchers. Now we have the cut and we have to see how the markets react. Initially the Dow took off, but the bonds were slow to follow. At this time the mortgage backed securities are up 13/32 on the day … (0 comments)
real estate sellers: St. Louis Real Estate Market Watch - May 4th, 2007
- 05/08/07 02:50 PM
St. Louis Real Estate Market Watch - May 4th, 2007 Successfully Pricing Homes in a Shifting St. Louis Real Estate Market The Anatomy of the St. Louis Real Estate Market The The St. Louis Home for Sale Team provides a weekly St. Louis County Market Report to review, question, comment on and plug into your home buying or selling scenario. St. Louis Real Estate Market Report for 5/4/07 St. Louis Real Estate Benchmark Report for May, 2007 Report formatting information
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Fed Chair Comments start slight bond rally! by Chris Scheer, Branch Manager, Cornerstone Mortgage, O'Fallon, MO;)
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