St Louis Real Estate News

In the St. Louis real estate market, mortgage rates showcase a mixed yet predominantly falling trend as of January 2026. The 30-year fixed mortgage rate remains stable at 6.07%, maintaining its position slightly above the 6% mark. Meanwhile, the 15-year fixed mortgage rate has seen a slight decrease, now sitting at 5.58%. This subtle shift may provide some relief for prospective homebuyers looking to finance their homes over a shorter term.

The current market dynamics present both opportunities and challenges for St. Louis area buyers and sellers. While the stability of the 30-year fixed rate suggests a level of predictability Continue Reading →

St. Louis homebuyers can breathe a small sigh of relief as mortgage rates continue to trend downward, albeit slightly. As of January 8, 2026, the 30-year fixed mortgage rate has decreased by 0.01%, settling at 6.19%. This marks a modest but notable shift in the market, providing some relief for buyers facing higher borrowing costs in recent months. Meanwhile, the 15-year fixed rate also saw a decrease, down to 5.73%.

For those considering different mortgage options, the 30-year FHA rate is now at 5.80%, while the adjustable-rate mortgage (7/6 SOFR ARM) has decreased to 5.70%. However, the 30-year jumbo rate Continue Reading →

In a welcome holiday gift for St. Louis homebuyers, mortgage rates have edged lower in December 2025, continuing a downward trend that brings some relief amid persistent economic fluctuations. The 30-year fixed mortgage rate now stands at 6.21%, reflecting a slight decrease of 0.03% from earlier in the month. Meanwhile, the 15-year fixed rate has also dipped, albeit marginally, now at 5.74%, down by 0.01%.

These rate reductions, though modest, signal a positive shift for potential buyers in the St. Louis area, offering improved affordability in a market that had seen rates hovering at higher levels for much of the Continue Reading →

As December 2025 unfolds, the St. Louis mortgage market is experiencing a mixed bag of rate movements, providing both opportunities and challenges for prospective homeowners and sellers. The 30-year fixed mortgage rate has slightly eased by 0.05%, now settling at 6.30%. This slight decrease offers a glimmer of relief for those looking to lock in rates for their long-term home financing. Meanwhile, the 15-year fixed rate saw a marginal increase, rising by 0.01% to 5.80%, reflecting a modest upward pressure in the shorter-term borrowing market.

For St. Louis homebuyers, these rate changes emphasize the importance of staying informed and agile. Continue Reading →

St. Louis homebuyers received a bit of relief this December as mortgage rates saw a slight decline across the board, reflecting a favorable trend for those in the market for a new home. The 30-year fixed mortgage rate has fallen to 6.23%, down 0.07% from the previous rates, while the 15-year fixed rate also saw a decrease, now standing at 5.75%. This drop in rates provides a much-needed breather for potential buyers who have been facing the pressure of high borrowing costs in recent months.

The slight dip in rates is expected to invigorate the St. Louis housing market as Continue Reading →