The big news last week is the extraordinarily low mortgage interest rates. And this time, the rates really are historic, the lowest since the 1940s. Combined with lower housing stock prices, this really is the best time ever to end your career as a house hunting fence sitter. According to the latest word from Freddie … Continued
The term short sale has woven its way into the homebuyer lexicon during the past year. While not a foreclosure property, short sale homes have their own special financial issues that require a real estate agent who is trained in this type of sale. What is a short sale? When a homeowner is in financial … Continued
Mortgage interest rates are down again, and scammers are on the rise. It never fails that someone out there is trying to make a fast buck to the detriment of someone looking for some relief. If you are considering refinancing your loan, or are in the process of buying a home and need financing, deal … Continued
What a difference a week makes! Even with Congress finally dealing with the debt ceiling issue for the time being, and then Standard & Poors downgrading the U.S. credit rating to A++, bright spots are popping up in the St. Louis metro housing market. First, St. Louis is ranked number four in Clear Capital’s analysis … Continued