St. Louis Real Estate
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UPDATE: The information below on how much money you can get, who can apply and the type of eligible properties was obtained when this article was originally published in December 2009. Washington University’s website for the program no longer lists this information publicly. The map at the bottom of this page is current as of [...]
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While economists debate what will happen with interest rates in the upcoming months, no one can definitively answer the question “Will mortgage rates go down?” What we can do is to look at history and realize that today’s low mortgage rates are the best rates that home buyers have seen in 30 years. Will they [...]
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Living in a condo community means the condo board gets to make decisions that affect every owner. Last week I learned that the condo board in a nice Kirkwood community has decided not to apply to have the community approved for FHA financing. They are probably holding onto the long ago idea that only the [...]
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Getting a loan to purchase a condo has always been harder than getting a loan to purchase a home. Lenders want to know that they will get their money back if they must foreclose on the property at some point in the future. If they think there is a good chance that the value will [...]
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The time to act is NOW if you are planning to purchase a home before the $8,000 first time buyer tax credit expires. One of a Kind Opportunity for 1st Time Buyers: It is hard to imagine there will ever be a better time buyers to purchase their first home. Why now? Government Tax Credit [...]
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Nowadays everyone seems to be talking about mortgage interest rates. Why do people track the interest rates daily? Some people are news junkies. Others are considering purchasing a home or wondering if they should refinance their current mortgage. Others simply follow mortgage rates as away to gauge the overall economy’s health. The result of this [...]
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