Market Update: Interest Rates

Keeping a close eye on the ever moving Mortgage Rates:

See the rates from all the local banks here in Cincinnati

In addition Union Saving is offering rates that look like this:

30 YR FIXED RATE IS AT A 2010 LOW – BACK TO 2009 LOWS!!!

4.875% – 0 points

20 YR FIXED – 4.75% – 0 points

15 YR FIXED – 4.375% – 0 points

Closing costs as low as $250* for refinance and $500* for purchases

(plus, $100 recording fee)

*Costs may vary based on credit, LTV & cash-out

These rates are below 5% for the first time since 2009. These rates are a welcome gift to all current buyers looking to move up or move out.

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