Are you a St. Louis homeowner feeling stuck between wanting a new home and the high costs of buying in today’s market? You’re not alone! Many St. Louisans are in the same situation, locked in with low mortgage rates but yearning for more space, amenities, or a different location.
Here’s a strategy gaining traction: renting out your current home and renting a new one instead of selling…
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…
How Much Does It Cost To Buy A Home?When you buy a home as a single parent, especially if it is your first house, every dollar counts. As a renter, you’re used to paying a security deposit and your first month’s rent upfront.But when you buy a home, the upfront costs are usually higher. Taking care of the legal and mortgage paperwork can be expensive, and you generally have a down payment and…