As a St. Louis mortgage broker, I’ve seen mortgage rates continue to trend downward, despite recent fluctuations. Just a few weeks ago, we were on the verge of seeing rates dip below 6%, especially after the Federal Reserve announced a rate cut. However, a hotter-than-expected jobs report pushed the 30-year fixed rate mortgage back up to around 6.5%, and we’ve seen rates climb closer…
Category
Mortgage Rates
Are St. Louis Mortgage Rates Bottoming Out?
A visual representation of historical mortgage rate trends in the St. Louis area.