Our Mortgage Blog in St. Louis, MO

How do you navigate this paradoxical housing market?

The housing market in St. Louis and the United State at large has been experiencing a unique phenomenon in recent years, with some areas experiencing a crash and others seeing soaring prices. While this can be challenging for homebuyers and sellers to navigate, it can also present opportunities for those looking to enter the market or invest in real estate. Liberty Lending can help you navigate through these complex waters and emerge as a homeowner on the other side. The Housing Bust and Boom In some areas of the United States, the housing market has been experiencing a crash. This...
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Unlocking the Secrets: Seven Questions You Might Not Know to Ask Your Mortgage Broker

As a leading mortgage brokerage firm in St. Louis, Missouri, we understand that finding the right mortgage broker can make all the difference in the home-buying process. To help you make an informed decision, we’ve put together some questions that you should ask your mortgage broker. What is your experience working with first-time homebuyers? First-time homebuyers often have unique needs and challenges when it comes to the mortgage process. It’s important to work with a mortgage broker who has experience working with first-time homebuyers and can guide you through the process with ease. What is your experience with my specific...
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Navigating Rising Rates

Mortgage rates are an essential factor that homebuyers consider when purchasing a property. Recently, the market has witnessed an increase in mortgage rates, which can be a challenging time for those seeking to buy a home. Rising mortgage rates can make the cost of borrowing higher, making homeownership more expensive. However, with the help of Liberty Lending Consultants in St. Louis, homebuyers can still find solutions to secure their dream home without breaking the bank. Mortgage rates are influenced by several factors, such as economic indicators, inflation, and government policies. Recently, the Federal Reserve has signaled that they may increase...
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What’s the Forecast for the Housing Market?

The housing market may not be as hot in 2023 as it was in the first half of 2022 when home prices rose and inventory was tight. But it is still expected to be a seller’s market, according to economists and real estate experts. Talk to a Liberty Lending consultant to learn more. It is also likely that millennials will continue to drive the residential real estate market for years to come, as they enter the average home-buying age and become the largest segment of the American population. Combined with shortages in the housing supply, this will make it difficult...
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Are we in a housing crisis in St. Louis?

A housing crisis is an unfortunate fact of life for many Americans. Rising costs have made it impossible for families to meet their needs. The lack of affordable housing is also forcing people to relocate. The supply of new homes is limited by zoning regulations and restrictive practices that block development. These restrictions have contributed to segregation and other problems. Liberty Lending cares about the St. Louis community and the need for affordable housing. As a result, many people have been forced into substandard housing. One recent study showed that more than 50 percent of all households are cost-burdened. This...
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5 Tips For First-Time Homebuyers

First-time home buyers have several things to think about. They need to research mortgage options, get pre-approved, save for a down payment, hire a buyer’s agent, make sure they have a list of their must-haves and nice-to-haves, on top of all the other payments that life requires. This can be a very hard job, but knowing what things you have to do can make it much easier.  Start saving for a down payment early The good news is, there are ways to start saving for a down payment early. However, the bad news is, saving for a down payment is...
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What Is the Picture of Real Estate in 2023?

The Housing Markets of 2023 may be a little safer than it was a few years ago. Despite the fact that housing markets across the country are in a slowdown, there are still some bright spots to be found. A study released by the National Association of Home Builders (NAHB) on October 18 indicates that home prices in the U.S. are not as high as they were a year ago. Let’s dive into the details, and feel free to contact our Liberty Lending real estate experts if you have any questions! The number of houses being built is slowing down,...
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Real Estate: Real Investment for Retirement

Many people are attracted to investing in real estate because of the security it offers. Historically, this asset class has been a great option for those seeking protection against inflation. Real estate can help you build a stable monthly cash flow that can be used to meet expenses and mortgage payments. This can boost your total return. It can also help you capitalize on market appreciation over time. When it appreciates in value, you can resell your investment at a profit or use the proceeds to purchase another property. If you’ve been thinking about getting into real estate investing but...
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