Is a Lower Mortgage Rate the Key to a Higher Home Price in St. Louis?
As mortgage rates continue to fluctuate, many St. Louis homebuyers are wondering if a decrease will lead to a surge in home prices. While there’s a common belief that lower rates equate to higher prices, the reality is often more complex.
Understanding the Factors at Play
Several factors influence the St. Louis…
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…