With St. Louis booming with new construction, many homebuyers are facing the enticing offers of in-house financing from builders. But is it always the best move? Let’s explore the pros and cons of using the builder’s lender versus shopping around for a mortgage in St. Louis.
The Convenience of One-Stop Shopping:
St. Louis offers a vibrant mix of historic neighborhoods and sleek new…
The Fed Might Be Done Raising Interest Rates
Are you a St. Louis homeowner actively seeking favorable interest rates for your Home Equity Line of Credit (HELOC)? If so, there’s promising news on the horizon. Starting as early as next summer, your HELOC might become more cost-effective, presenting a prime opportunity for you to save on borrowing costs.
In the coming 6-12 months, St.
Making the Most of Rising Mortgage Rates
It’s no secret that high mortgage rates can be a source of concern for those in the market for a new home. They can pose challenges for prospective homebuyers, especially when property prices are on the rise. Additionally, these high rates have resulted in job losses within the mortgage industry and related sectors. While it’s true that investors…