Darren Stewart's (darrenstewart) Blog

There are several economic announcements this week, below are the announcements listed by date:Existing Home Sales   2/25  10 amProducer Price index   2/26  8:30 amCore PPI                   2/26  8:30 amConsumer Confidence 2/26  10 am Durable Goods           2/27   8:30 amNew Home Sales        2...

With the passing of Economic Stimulus package there are hopes that the money being sent back to taxpayers in May will help reduce the risk or ease the impact of recession.  This post does not pretend to know what effect the money being pumped into the economy will have however I do know some fact...

USDA Rural Development program has been providing home loans to low and median income Missouirians now for years. Its a great program that allows for the American Dream to come true for many families, now is a great time to take a look at this program because this also can be combined with the Mi...

I just want to make everyone aware that Missouri Housing Development Commission has issued bond money and the issue opens Monday February 9, 2008-  it is a great program for First Time home buyers that allows a 3% grant to be given to the qualified purchaser to go towards down payment and closing...

With the stimulus package passed recently its an important decision that the Conforming Loan limit will be increased to $729,750 in high cost areas, what this means is that there are specific areas in the country where this will be the case, the increase is capped at 125 percent of median home pr...

  MHDC will be announcing the interest rates for the first Bond Money Issue in Missouri for 2008, they are as follows: 6.46 CAP   or Cash Assistance Program (3% Grant) 5.99 Non-cap  rate if the client is not in need of the grant money program. Rates are ok, currently there are 100% programs in Mi...

Branson, Missouri its one of the top vacation destinations in the Nation and once people spend a little time in the Ozarks many plan to either buy a second home or retire here.  We have a great area in which to live with a low cost of living and access to highly rated medical facilities.  Branson...

One of the VA benefits that you hear very little about is the disability grant that is entirely seperate from the VA Loan.  It is required that the veteran apply for the grant in order to receive it. I would encourage every realtor to be aware of this program and if you work with veterans make su...

Keep watching the stimulus package as it makes its way through the senate, there are provisions in the package that would redefine our current definition of a jumbo loan and may bring larger loans into Freddie and Fannie guidelines should the jumbo loan amount change from $417,000 to 650,000.  Th...

Thursday 2/7/08 Missouri Housing Development commission should be announcing the interest rate that will be set for the first issue of Bond Money in 2008.  This has been delayed in the past due to volatility with the Bond Market but from my discussions with them we expect the rate to be announced...