Central Ohio real estate will continue to benefit from historically low mortgage rates.  The tax credit may have expired but low rates can save home buyers thousands of dollars off the lifetime of a loan.  Last week Federal Reserve Chairman Ben Bernanke announced that the economy is recovering, albeit slowly, and that interest rates will remain  low to help keep recovery on track.  This is great news for Central Ohio real estate.

The low mortgage rates make buying property in Central Ohio increasingly more affordable, and it is proving to be a great time to get out and look at real estate.  Affordability is achieved when monthly home costs are 30% of a household’s monthly income.  If you have a steady income and can qualify for a mortgage, it is a great time to buy Central Ohio real estate.

Give us a call today to learn more about Central Ohio communities and have access to all available listings as well as a wealth of knowledge and information.

If you are looking to buy or sell a property in New Albany, Gahanna, Blacklick, Westerville, or another Central Ohio community, please contact The Raines Group. We offer professional real estate advice and are happy to help you achieve your real estate goals. Please contact us today via our online contact form or by calling The Raines Group at 614-418-7417.

You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.