Blog Entries tagged 'rolla'

Rate Adjustments

justin81 — Sun, 17 Feb 2008 18:00:00 +0100

Be sure to check out the new article I wrote entitled Now is the Time to Buy

The article discusses all of the positives in the market and why buyers should be excited to get out and find their dream home.

Interests rates are still very strong, but have adjusted up in the last week. I saw a 30 year fixed rate as high as 6.35%, but by the end of the week, it seemed like the had dropped to around the 6.15% range. Make sure you keep watching the rates as they have been very unpr [...]

Outstanding Rates!

justin81 — Wed, 16 Jan 2008 18:00:00 +0100

Right now interest rates in the Rolla, Missouri and St. James, Missouri markets are at an outstanding level. They have slowly been creeping down. Multiple banks in town have posted 30-year fixed rate loans for 5.625%.

These rates mean many things to the consumer. As a homeowner, if you are locked in to an adjustable rate mortgage or a higher fixed rate mortgage, you need to strongly consider refinancing, because there is no telling how long these rates will remain at this level. Histori [...]

Real Estate is just fine...

justin81 — Thu, 10 Jan 2008 18:00:00 +0100

The demise of the real estate market is greatly exaggerated right now. In fact the Rolla/ St. James area is actually doing quite well. I wrote an article discussing some of this. One of the things to be encouraged by is the fact that interests rates are VERY strong right now. With the market being saturated by listings, this is an excellent time to be a buyer. Combine a little longer time on market for your average listing, [...]