In January, the average 30-year fixed mortgage rate reached 7.26%, which was the peak for the year. Since then, mortgage rates have been dropping. By August 31st, the average was down to 6.52%. By September 17th, it had reached 6.24%. This is a moment of opportunity for Ohio homebuyers and […]
Best Tips to Make Homeownership Affordable in 2025
Buying or owning a home in 2025 brings financial challenges to many Americans, but there are ways you can make homeownership more affordable. Choosing the right type of mortgage and negotiating with the seller are a couple of examples. Below, we discuss these and additional ideas for making homeownership more […]
Which is Better, a Lump Sum Home Equity Loan, or a HELOC?
If you need to borrow against the equity in your home, two options include a lump sum home equity loan, and a home equity loan of credit (HELOC). There is a difference between how these two financing products are disbursed. You receive a lump sum home equity loan all at […]
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