The Columbus Public Art Project. This project is an attempt to find, photograph and map all of our Public Art. Email me with photos and locations you may have of sculptures, murals, even graffiti or just click here to see what we've got so far.


Why Columbus?








Click for Columbus, Ohio Forecast

5.9% Interest Rates on 30 Year Loans and other financing news

Oct-26-2007 002They’re back people.  A bad week of economic news often means a good week for Mortgage Interest Rates.  I try not to name names here, but I saw 5.9% with no points this week from Third Federal.

Also, FHA is still accepting Nehemiah Grants as Down Payment Assistance from the seller through March 31, 2008.  There has been  press about the grant programs ending Oct. 31, 2007.  At the present time, Nehemiah has an extension until March 31, 2008 and will be the only valid seller assisted program that we can use for FHA loans as down payment.  I wonder if this means FHA won’t roll out there 100% financing until next year?

Also, you may want to look for down payment assistance from City of Columbus, MORPC, Columbus Housing Partnership and other governmental non-profits.  Oct-22-2007 011

Also, I heard this week that GMAC Mortgage has announced they are pulling all mortgage originations out of the state of Ohio.  They will no longer accept applications for new loans. 

One Response to “5.9% Interest Rates on 30 Year Loans and other financing news”

  1. Joe - I’m always up for some good home mortgage news - thanks for the informative post. - Cyndee Haydon

Leave a Reply

Copyright 2008 Columbus Real Estate News - Helping You Buy Homes and Sell Homes in Columbus, Ohio     Agent Login     Design by Real Estate Tomato     Powered by Tomato Blogs

Close
E-mail It