Cincinnati Real Estate Blog » mortgage rates http://www.mattclarkcincinnati.com Fri, 08 Apr 2011 19:58:15 +0000 http://wordpress.org/?v=2.9 en hourly 1 Current Mortgage Rates http://www.mattclarkcincinnati.com/current-mortgage-rates http://www.mattclarkcincinnati.com/current-mortgage-rates#comments Wed, 28 Oct 2009 17:58:00 +0000 admin http://www.mattclarkcincinnati.com/current-mortgage-rates Current Mortgage Rates
by Matt Clark, Cincinnati Realtor
Cincinnati Real Estate

30 yr fixed CON – 5.125%

30 yr fixed FHA – 5.25%

Jumbo – 6.5%

Please call me at 513.259.8333 for more information or a quick and easy pre-approval over the phone.

]]> http://www.mattclarkcincinnati.com/current-mortgage-rates/feed 0 Cincinnati Mortgage Rates http://www.mattclarkcincinnati.com/cincinnati-mortgage-rates http://www.mattclarkcincinnati.com/cincinnati-mortgage-rates#comments Sat, 05 Sep 2009 21:43:00 +0000 admin http://www.mattclarkcincinnati.com/cincinnati-mortgage-rates Cincinnati Mortgage Rates
by Matt Clark, Cincinnati Realtor
Cincinnati Real Estate

CURRENT RATES:

JUMBO – 6.125% 30 YR FIXED

CONVENTIONAL – 5.25% 30 YR FIXED

FHA – 5.25% 30 YR FIXED

]]> http://www.mattclarkcincinnati.com/cincinnati-mortgage-rates/feed 0 Credit Score. Two IMPORTANT Words for Buying a Home http://www.mattclarkcincinnati.com/credit-score-two-important-words-for-buying-a-home http://www.mattclarkcincinnati.com/credit-score-two-important-words-for-buying-a-home#comments Sat, 22 Mar 2008 21:02:00 +0000 admin http://www.mattclarkcincinnati.com/credit-score-two-important-words-for-buying-a-home Credit Score. Two IMPORTANT Words for Buying a Home
by Matt Clark, Cincinnati Realtor
Cincinnati Real Estate

What is your credit score? If you can’t answer this question, clear out the next hour of your life and get serious about your finances.
Your credit score is quite possibly the most important number of your adult life. From your very first job, credit card, bank account, your actions are being watched (and judged) by a credit bureau. This three digit number can be the deciding factor between you being able to buy a home or not. Your score will range from 300-850 with scores over 720 receiving the best interest rates and other perks.

As banks are more reluctant to loan money, credit scores needed to qualify for a mortgage raise. Having a lower score will cost you more money or may even mean you won’t qualify at all.

Moral of the story: GO CHECK YOUR CREDIT REPORT. RIGHT NOW.


As a citizen of Ohio you have the ability to order a credit report for FREE once a year from each of the three credit bureaus (Equifax, Experian, and TransUnion). This can be done at http://www.annualcreditreport.com/
There are some companies out there that advertise a free credit report if you sign up for some service of theirs, but don’t be fooled into paying for something you don’t want. http://www.annualcreditreport.com/
This is the official website to access your report for free. No strings attached.

Make sure all the info contained in the report is correct and if you find any incorrect items contact the bureaus to remedy them. To see your actual score, you may have to pay an additional charge (usually $10-15), but it is most important that all the information about you and your accounts contained in the report are correct. You can order one free report every year from each of the three bureaus.

Very analytical like I am? Order one report every four months from a different bureau. This equates to one every year from EACH bureau and will be ABSOLUTELY FREE. Put it on your calendar, and DO IT. More on credit to come next week…in the mean time, go order your free report! It takes just a few minutes and could be the difference in getting your dream home or not.

]]> http://www.mattclarkcincinnati.com/credit-score-two-important-words-for-buying-a-home/feed 0 Cincinnati Real Estate, The Glass is Half Full! http://www.mattclarkcincinnati.com/cincinnati-real-estate-the-glass-is-half-full http://www.mattclarkcincinnati.com/cincinnati-real-estate-the-glass-is-half-full#comments Sat, 02 Feb 2008 18:03:00 +0000 admin http://www.mattclarkcincinnati.com/cincinnati-real-estate-the-glass-is-half-full
Cincinnati Real Estate, The Glass is Half Full!
by Matt Clark, Cincinnati Realtor
Cincinnati Real Estate



According to Temple University’s professor of economics William Dunkelberg:

  • 96% of all mortgages nationwide are being paid on time.
  • 30% of American homeowners have no mortgage.
  • Delinquency rates were higher in the 1980s than they are today.
  • Only 2% to 3% of all mortgages are in foreclosure.

It is very easy to watch the news these days and get a “half empty” view of the real estate market. When was the last time we let the weather in California dictate what we were going to wear today in Cincinnati? That sounds ridiculous, but consumers are listening to the national real estate market and letting it influence their decisions in their local market.

” WHAT THE MARKET IS DOING NATIONALLY
IS IRRELEVANT TO YOU.

The media likes to refer to a “nationwide housing slump,” but don’t be misled. Real estate isn’t national, it’s local! The only market you need to be concerned about is your local market.
Home ownership is the smartest investment you will ever make during your lifetime.”

-David Bach, financial coach and 7 time Bestselling author.
]]> http://www.mattclarkcincinnati.com/cincinnati-real-estate-the-glass-is-half-full/feed 0