St. Louis Mortgage Rates

St Louis Best Mortgage Rates June 09, 2008

5yr Arm/apr | 5.625% /5.725%

5yr Arm/apr | 5.125% /5.325%

3/1 Jumbo /apr | 5.750% /5.850%

Rates and Loan Programs are extremely volatile.  It is important to understand all of your loan options and how they will impact your overall financial portfolio.  30 Year Fixed Mortgages with no points today are at 6.375% depending on your ability to qualify.  There is a lot of media hype about Adjustable Rate Mortgages.  Most Adjustable Rate Mortgages will Adjust LOWER than Market Rates!  Adjustable Rate Mortgages are mostly a 2.25-2.75% margin above the Libor or Treasury Index.  The 12 Month Libor Index is right about 3% today.  If your current ARM adjusted 2.25% above the Libor Index then your new rate would be 5.25% for the next 12 months.  You need to know your options and work with an expert.   Learn more by folling the links to St. Louis Mortgage Rates and Mortgage Rates Predictions.

Free MLS Search

The cornerstone of ibuystl.com is the Free MLS Access.  All real estate agents list their properties directly on a Multiple Listing Service.  In St. Louis, MARIS [Mid America Regional Information Systems] is the company that handles the MLS.  IbuyStl.com gives you back door access to MLS system, allowing you to see every home listed in St. Louis and the surrounding areas immediately.  IbuyStL.com makes it easy.  You can search the MLS and be as specific as you would like.

The MLS Search Results are displayed in a simple visually appealing page.  There are no distractions.  The results will be displayed with a mouse-over with simple property details on a high resolution map.

Below the map is basic information about other properties.

In order to find detailed results, a click of your mouse delivers complete information.

Once you have identified a few key locations or specific search results, you can save the search.  With your Free Membership to IbuyStl.com you will have your own account.  You can be notified immediately when new homes that meet your search criteria are put on the market. 

IBuyStL will give you a forum to comfortable search for your next home with direct MLS access.  Besides the MLS search, we also are a forum for “For Sale by Owner” properties, for investors to promote potential non-MLS properties, for Real Estate agents to promote their luxury homes, and a place for your questions to be answered by the experts.