Good news for St. Louis homebuyers! While those sky-high interest rates are still a pain point, they’re finally starting to cool the market, and that means sellers are cutting prices at a record pace.
Here’s the scoop:
20% of St. Louis homes had a price drop last month, according to Redfin. That’s the highest percentage ever recorded!
The average price dro…
A visual representation of historical mortgage rate trends in the St. Louis area.
Remember those sky-high mortgage rates from last year? They might have put your dream of a comfy STL home on hold, but guess what? Rates are dropping, and now’s the perfect time to rethink your mortgage and snag some serious savings!
Why Refinance Now?
Rates are falling: Remember those 8% monsters? They’re gone, replaced by rates closer to 7%. If you snagged a…