Cincinnati Real Estate Mortgages Rise

Local Cincinnati mortgage rates are rising while the rest of the nation’s rates are falling, according to At the end of July the average rate for 30-year fixed loans was 4.54 percent nationally while in Cincinnati the average 30-year rate was 4.76 percent.

The article give no clear reason for the difference in rates, aside from the fact that rates change on a daily basis – even a hourly basis because of a number of market pressures and activities.  The most important thing in getting a loan is making sure that you have found a mortgage lender who you trust. I have listed a few lenders in my Cincinnati Mortgage Resources page if you are looking for brokers to contact.

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