The chart below shows interest rates for 30-year fixed-rate mortgages as reported by Freddie Mac to the Federal Reserve Bank of St Louis. Interest rates have a significant impact on the real estate market by their impact on the affordabilty of housing. To fully understand the impact of interest rates on the St Louis real estate market, and how it may affect you as a buyer or seller, you should consult with a professional real estate agent that knows the St Louis market. The agents and brokers at MORE, REALTORS, know the St Louis market as well, if not better, than anyone and can help properly guide you.
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