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
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.