Local Cincinnati mortgage rates are rising while the rest of the nation's rates are falling, according to Cincinnati.com. 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 … [Read more...]
The Rich are More Likely to Default on Mortgages
Recent research shows that 1 in 7 American with home loans of more than $1,000,000 have missed 3 consecutive mortgage payments. According to marketplace.org only 1 in 12 of home owners with loans less than $1,000,000 are in seriously deliquent. Large mortgages, called Jumbo loans, often carry a … [Read more...]
Cincinnati Real Estate as seen through the eyes of …
When working in Real Esta you have to appreciate that everyone will have a different view of the same property. Buyers, sellers, real estate agents, and appraisers all see the same house in different ways. A client sent me a very funny e-mail that really captures the essence of the different points … [Read more...]
