Darren Stewart's (darrenstewart) Blog

I wanted to thank each of my business partners that are in the area and those of you who I have partnered with outside of the area to make August 2008 a great month for closings - our team had 12 closings just this past Friday alone. We have been able to help 5 first time home buyers close on the...

One of the greatest things about working at OakStar Bank is the team of people that are there to assist!All of our loan officers have over 10 years experience some are above 20 years experience with the total years of experience in the industry over 100 years and counting!  Our team is dedicated ...

Rates for the Missouri Bond Program have been announced and are available at www.mhdc.com, the rates indicate the premium that investors are requiring in order to invest into the housing market - while they are not bad rates some lower rates can be obtained on the secondary market so we need to m...

I wanted to take a moment and thank all of my business partners for making my July 2008 a great month, and I look forward to assisting you with your clients in August.   We will be closing a huge number of Rural Development loans, a great 100% product that with the guarantee from USDA allows us t...

A sign of the times in the past 8 months in the mortgage industry has been market volatility, we have seen interest rates change daily depending on the mood of wall street on a particular day. Volatility has contributed to a short delay in releasing bond funds.  Bond money should be available nex...

Today's buyers market still has opportunities for those that are looking to buy investment property - currently Fannie Mae still allows an individual investor to have up to 10 properties financed, Freddie Mac allows up to 4 financed properties. If you are thinking about investing in real estate a...

The state of Missouri next week will be providing Bond Money for first time home buyers - through the Missouri Housing Development Commission- so far the estimate is that 65 million will be the amount of the issue available for the entire state. Due to many changes in mortgage programs, i.e. the ...

The new issue of bond money available for first time home buyers in the state of Missouri will be coming out on Wednesday - July 30, 2008 - reservations for these funds will be very competitive.  If you are under contract or going under contract for a home this weekend act immediately to get in l...

Missouri Bond Loan - New Issue - 2008B- Combining with VA Loan Advantages, Fort Leonard Wood, Whiteman AirForce Base Missouri (edit/delete) The Missouri Housing Development Commission has announced that a new Bond issue will be availalbe and reservations for this will begin next week. This progra...

U.S. CENSUS BUREAU RELEASES POPULATION ESTIMATES   The U.S. Census Bureau population estimate shows Springfield has grown over 2,600 residents, or 1.4%, from 2005 to 2007. With 154,777 residents, Springfield, Missouri is now the largest "Springfield" in the United States, followed closely by Spr...