Understanding the St. Louis Housing Market
The St. Louis housing market, like many others, has seen its ups and downs. With concerns about a potential housing crash looming, it’s natural for potential homebuyers to feel uncertain. Let’s break down the facts and separate fear from reality.
What Does a Housing Crash Really Mean?
A “housing crash” is a broad term often misunderstood.
August 15, 2024 – Mortgage News, Mortgage Rates
With President Biden stepping out of the 2024 presidential race, Vice President Kamala Harris has become the focus of recent news. As Harris gears up for her presidential run, her financial decisions, including her mortgage choices, are being closely examined. One notable detail is her use of a 7-year adjustable-rate mortgage (ARM) with an…
Are you a St. Louis homebuyer feeling overwhelmed by rising mortgage rates? You’re not alone. But there’s a silver lining to this cloudy market.
The mortgage landscape has undergone a dramatic shift in recent years. Millions of homeowners locked in ultra-low rates during the pandemic, creating a market imbalance. However, this trend is starting to reverse, offering potential benefits…