How a Government Shutdown Impacts St. Louis Homebuyers and Mortgages

A home for sale in St. Louis, illustrating the potential effects of a government shutdown on the housing market.

Understanding Assumable Mortgages in St. Louis: The Down Payment Problem

The Truth About Assumable Mortgages: The Down Payment Dilemma

When you’re buying a home in St. Louis, you may hear about assumable mortgages as a way to save money, especially with today’s rising interest rates. At first glance, they sound like a dream solution: take over a seller’s existing low-rate mortgage rather than securing a new loan at a higher rate.

But while assumab…

Understanding Mortgage Points: Tips for St. Louis Homebuyers from Carlson Mortgage

Considering Buying a Home in St. Louis? Here’s What You Should Know About Mortgage Points

If you’re thinking about purchasing a home in St. Louis, you’re probably aware that mortgage rates are much higher now compared to the historically low rates of the last decade. While today’s 7% rates are slightly better than last year’s peaks, they’re still far from the 3% or 4% mortgages…

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