Cincinnati mortgage rates are at a low point thanks to government intervention to stop the decline in the housing market. The Fed has purposely kept rates low in order to stimulate buying, and is even extending first time home buyer credits to keep the market active. You can get a relatively good mortgage rate as long as you meet Cincinnati mortgage lender qualifications.
The first steps in the home buying process however, should involve assessing your own financial picture first. Do you have a sizeable down payment, and is your credit score up to par? Without these two important requirements, the odds of you obtaining a low rate Cincinnati mortgage loan are slim.
If you’re interested in seeing how much you could expect to pay on your dream home, fill out our mortgage quote request form. It will only take a few seconds, and you’ll be able to view quotes from top Cincinnati home lenders.