Cincinnati Real Estate

Greater Cincinnati's Real Estate Connection

Kathy S. Koops GRI

Contact Me Today. Let's Work Together.

Mortgage Rates

filed under: For Buyers posted on July 30th, 2015

Mortgage rates have bounced up and down over the years and even a  small rise in interest rates can have a high impact on buying power.

Keeping Current Matters

According to an article in CNN Money Cincinnati area rents rose 6.2% during the last 12 months.  Trying to manage rent increases with saving for a down payment for a home can be difficult – but by waiting- buyers could be faced with higher interest rates and rising rents.

Good news- at least interest rates are not predicted to rise to the 12%+ we saw in the 1980’s.

Mortgage Rates over the years

Looking for a lender or more information- Call/Txt

Comments are closed.