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Ted Rood
Home Mortgage Loan Advisor,  First Bank
1 First Missouri Center
St Louis,  Missouri  63141
"Hoping our slight pull-backs the last two days are just consolidation. Looks like resistance at 2.83 is going to be tough to breach."    View Comment
"Soaring sales prices, rapidly rising rates, and higher property taxes were bound to make CA housing unaffordable, it was only a question of when, not if."    View Comment
"Higher rates/home prices and the expansion of low down payment options has definitely impacted buyers' debt ratios. Increased property tax and insurance costs haven't helped either."    View Comment
"This survey seems pretty meaningless. if you ask me. 3% down payment programs are widely available for the vast majority of homebuyers, and closing costs vary WIDELY by state and locality. If I'm a potential buyer and read I need 26K or more to buy a house, I'm probably renewing my lease."    View Comment
"I have no doubt that rising rates and home prices have slowed home sales, Jim. Higher payments due to increased loan sizes/higher rates means less buyers qualify, decreasing demand, and boosting inventory."    View Comment
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