I talked with a friend tonight who hasn't lived in StL for a few years and was unaware of the changes to the loft district in St. Louis. It was a fun conversation because I could imagine if we switched roles, I would be doubtful of the difference a few years can make also.
I wanted to post a link to the freddie mac website with the past several weeks of mortgage rate averages. While
interest rates are still historically low, they continue to climb.
I wanted to do my duty as a realtor and explain something important about interest rates that often gets overlooked by the first time home buyer: as that interest rate goes up--What you can afford goes down.
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