If you are considering the purchase of a new home in St. Louis, most likely you’ll need to get a home loan. If you’re like most people, the process can seem overwhelming, especially if you haven’t obtained a loan in a long time. As a first time home buyer, the process can seem even more
50 years ago, home ownership was one of the primary goals of every adult. Our parents and grandparents worked most of their lives to pay off that 30 year mortgage. Times have changed. Families rarely stay in one place for 30 years any longer. Studies have shown that most people move every 7 years. So
Home ownership is the American Dream, right? Owing a place to call home, being able to paint the walls purple if you like, that’s what everyone wants. Isn’t it? Let’s talk a little about the pros and cons of home ownership that will help you decide if you should buy or rent. Benefits of Owning
How Rising Interest Rates Affect Home Buyers You probably instinctively realize that rising interest rates will affect St. Louis home buyers. The interest rate you pay can make a big difference in the size of the home loan you will qualify for as well as the price of the home you’ll be able to buy.