Missouri

St. Louis officials approved using $5 million in federal tax credits to extend a loan to national low-income housing firm McCormack Baron Salazar, an unusual move the company said will help it weather the financial impact of the coronavirus pandemic.

Thousands of fewer homes came onto the market in the St. Louis metro area last month than normal — just 2,400 new listings each week, a 42% drop over this time last year, according to realtor.com.

The Missouri real estate market was expected to have a promising year, but it's since been hobbled by the COVID-19 pandemic, and the disruption may stretch into the fall according to the Missouri Realtors Association.

PMI Rate Pro lets users compare mortgage insurance premium quotes from all six companies in the market.

Kansas City metro home prices are growing faster than rates in most U.S. cities, including boomtowns like Denver, Nashville and Austin.

A developer who swindled almost $400,000 from six families who sought new homes in Kirkwood, Mo., was sentenced to 12 months in prison.

Bankers in St. Louis weren't surprised when mortgage data released this summer showed a drop in loans made between 2017 and 2018.

Soaring home prices are pushing homebuyers out of walkable neighborhoods into those that are more car-dependent, Redfin said.

A builder based near the Lake of the Ozarks swindled six families that sought new homes in Kirkwood, Mo., out of $356,000, the builder's federal plea agreement says.

FHA mortgage denials are higher now than they were 20 years ago. Here's a look at the 12 housing markets with the largest combined denial rates for black, Asian and Hispanic applicants.

Cenlar FSB, a mortgage subservicer with headquarters in New Jersey, plans on adding 500 jobs in O'Fallon, Mo., as it effectively takes over the mortgage servicing operations of Citigroup.

In a move designed to recruit and retain high-quality origination staff and fuel its expansion plans, USA Mortgage is turning over 100% control of the St. Louis-based nonbank lender to its workers through an employee stock ownership plan.

Nearly 50 years after the federal Fair Housing Act was signed into law, banning racial discrimination in lending, black prospective homebuyers in the St. Louis area continue to be denied conventional mortgage loans at a much higher rate than whites.

The Independence Center mall is scheduled for a Feb. 16 foreclosure sale as its owner, Simon Property Group, faces default on its $200 million loan for the property.

From San Francisco to Dallas, here's a look at the 10 top housing markets where homes sell above the asking price.

Guild Mortgage is adding to its Midwestern mortgage origination operations through the acquisition of Cornerstone Mortgage of St. Louis.

The St. Louis region appears to be preparing for the wave of elderly baby boomers with a boom in construction of assisted living and senior care facilities.

The Show Me State passed legislation enabling residential and commercial PACE financing in 2010; however, Renovate America only started funding assessments through the Missouri Clean Energy District three months ago, in August 2017.

Housing inventory nationwide has declined for more than two years. But in a small number of markets, the number of homes for sale is growing.

Transfer taxes, settlement services and other home buying fees can vary wildly from state to state. Here's a look at the 10 states where home buyers need the least amount of cash to cover their closing costs.