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FHA Mortgages Makes a New Home Affordable in St. Louis

http://www.myfhamortgageblog.com

It has been a long time since I was able to make this statement; if you are currently renting you can buy a new home and not have your monthly mortgage exceed what you are paying in monthly rent. Two factors are contributing to creating a very affordable housing market for first time home buyers, FHA interest rates are at historic lows and the median home prices in St. Louis, St. Charles and Jefferson County continue to go lower. Every month I am doing an ever increasing number of first time home buyer mortgages, in the St. Louis area just under 65% of all homes purchased are first time home buyers utilizing FHA financing. The amazing item that I find in nearly all borrower cases is that the difference between the new house payment and what they were paying in rent is nearly the same, sometimes a bit lower. This includes a house payment for principal, interest, taxes and insurances, the whole enchilada!

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Dr Who's picture
Created by Dr Who 4 years 10 weeks ago – Made popular 4 years 10 weeks ago

Category: Business   Tags:
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Any Taxes You Pay Can and Will Be Used Against You

http://www.reason.com

It isn't just in Texas. For example, I'm thinking the last thing Frank "Worst Mayor in America" Melton of Jackson, Mississippi needs is a Bearcat armored tactical vehicle.

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Dr Who's picture
Created by Dr Who 4 years 23 weeks ago – Made popular 4 years 19 weeks ago

Category: WorldNews   Tags:

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