Last month, we reported that conforming loan limits have increased for 2026. Now, we have another exciting piece of news for Ohio homebuyers and homeowners. Mortgage rates have just dipped to their lowest point in 3 years. The average rate for a 30-year fixed-rate mortgage is now just 6.06%, compared […]
Higher Conforming Loan Limits for Ohio in 2026
As we move into 2026, homebuyers in Columbus and throughout Ohio will be pleased to hear that conforming loan limits have increased. In its announcement, the Federal Housing Finance Agency (FHFA) stated, “In most of the United States, the 2026 CLL value for one-unit properties will be $832,750, an increase […]
Reasons to Buy a Home in Ohio in 2026
If you are thinking of buying a home and have the luxury of shopping for one anywhere in the country, you should consider Ohio. From a cost of living and affordability standpoint, OH is a very attractive state, whether you are shopping for a starter home, your next home, or […]
Smart Investments to Make in Your Home in 2025
2025 is a year that has brought a lot of uncertainties with it. This is a great time to own a home, however, because a home is something solid. No matter what happens to the markets, a home is a place you can live. It fills a practical function, even […]
Take Advantage of Decreasing Mortgage Rates
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 […]
Tips for Applying for Your First Home Loan
Applying for your first home loan may seem daunting, but it is also exciting. You are on your way to becoming a homeowner. The tips below will help you navigate the process smoothly and save money on your first home purchase. Buy Your First Home in Ohio If you are […]
What Can You Do With a Home Equity Loan?
If you have significant equity in your home, you have the option to borrow against that equity if you are in need of extra funds. You can do this using a type of second mortgage known as a home equity loan. Your home equity acts as collateral, and you can […]
Ways a Reverse Mortgage Can Help During Economic Challenges
During times of economic difficulties, inflation can rise, and it can be challenging to get by on a fixed income. If you are a senior homeowner with sufficient equity, however, you can apply for a reverse mortgage. Here is how this special type of lending product can help. Apply for […]
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