Ohio Mortgage Comparisons
Find the lowest Ohio mortgage rates from some of the top lenders, who are willing to compete for your business. Get Ohio mortgage rate offers from up to four different mortgage lenders, and choose the lender that best fits your needs and you feel most comfortable with.
The economy in Ohio has developed slowly, yet steadily, in recent years and production levels were up from 2002 and 2003 levels. However, the demand for consumer loans weakened, as refinancing activity decreased with residential mortgage rates residing at 40 year lows in 2003 and 2004. Home construction remains stable and The Federal Reserve’s Cleveland branch says that Cleveland is on path of slow and steady progress.
In general, mortgage rates can vary from lender to lender, and while a quarter point of a half point point might not seem like much up-front, over the life of your mortgage loan this can add up to tens of thousands of additional dollars that you will pay in interest.
It always pays to shop around and get mortgage offers from multiple mortgage lenders before you make a purchase decision. But remember, there is more to a mortgage loan than the interest rate. make sure you compare other important factors such as points, and other loan related fees (if applicable).