Real Estate Statistics – Current Local Information

Many analysts were forecasting an increase in Home Mortgage Interest Rates for Owner-Occupied Residences, but it appears (FOR RIGHT NOW), the rates are excellent and have decreased just recently. So, for RIGHT NOW, we have:

Very appealing, low interest rates
Very appealing down payment requirements – FHA with less than 4% down, Conventional 5% down
Prices have not yet escalated
A supply of homes for sale in Columbus and South Central Indiana in a broad range of prices, styles, sizes

Analysis still believe that rates will increase, but no one can say WHEN or HOW MUCH these rates might increase in the future. The current interest rates in Indiana:

Available on this website’s Home Page on the far right side is a Mortgage Calculator where a payment can be determined based on the criteria you supply. Better information can be obtained by contacting a lending institution. One only needs to “Google” mortgage loans to see thousands of choices. You might also contact one of the following local lending institutions whose links appear below: