Central Ohio real estate buyers have a lot to gain from the historically low interest rates that are available today.  The Columbus Board of Realtors recently published an article that took a look at mortgage rates over the decades.  In the 1970s mortgage rates averaged 7%, ten years later mortgage rates averaged in at 12.19%, 30 years later interest rates are averaging right around 4.5%.  The lesson in looking at rates historically?  It could be decades before rates this low are available again.  The other aspect of these low rates is that it truly is a buyer’s market in Columbus Ohio and across the country.

In addition to low mortgage rates there is a large inventory when it comes to Central Ohio real estate.  The variety of available Central Ohio homes means that there is a home for every type of buyer.  If you would like to schedule an appointment to discuss Central Ohio real estate please call our office today.

Click here to read the article on mortgage rates from the Columbus Board of Realtors.

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.

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