The Columbus Team | Real Estate

Columbus Mortgage Rate Update

Columbus Mortgage Rate Update

January 27, 2012 by · Leave a Comment 

Unimpressive US growth data came out and that made the markets go down. The part I’m confused this morning, why did gasoline prices in Central Ohio go up last night? There is no reason that should have happened except that they can do what they want to do. MORTGAGE TIP OF THE DAY: I haven’t [...]

Columbus Mortgage Rate Update

Columbus Mortgage Rate Update

January 25, 2012 by · Leave a Comment 

The markets again are in our direction but not enough to make rates drift down. The Fed is meeting this afternoon to decide if they should raise rates. The general opinion is they won’t do anything because they would stall the economy more. Crude Oil is down this morning again. Gas in Central Ohio has [...]

Columbus Mortgage Rate Update

Columbus Mortgage Rate Update

November 28, 2011 by · Leave a Comment 

The market is going against us this morning. This weekends spending spree better than expected helped turn the market against us. The word from the big guys monitoring the international markets think that the Greece and Italy situation will not negatively affect us anymore unless the two countries actually default. The part that is puzzling [...]

Trick or Treat Schedule 2011

Trick or Treat Schedule 2011

October 25, 2011 by · Leave a Comment 

The Columbus Team wishes all of you a Safe and Happy Halloween! For your convenience, please see the list below of the days and times various Central Ohio communities are having “Trick or Treating” or “Beggar’s Night.” As always, make sure you can see clearly through your costumes, younger children should have an adult with [...]

SOLD! 1034 Racine Ave, Columbus OH 43204

SOLD!  1034 Racine Ave, Columbus OH 43204

October 10, 2011 by · Leave a Comment 

Welcome home to 1034 Racine Avenue in Columbus Ohio. Long time owners have meticulously maintained and updated this home over 50 years leaving it in tip top turnkey quality for you! The updated three bedroom, one bath ranch is located in a quiet residential neighborhood in West Columbus. It’s surrounded by mature trees, close to [...]

Columbus Mortgage Rate Update

Columbus Mortgage Rate Update

October 6, 2011 by · Leave a Comment 

All markets have eyes on European and England bailing out Greece from its financial problems. Money is flowing back into European from the US safe havens such as mortgage backed securities. This caused rates to go up this morning along with an increase in Crude Oil, too. That is what triggered yesterdays jump up in [...]

Columbus Mortgage Rate Update

Columbus Mortgage Rate Update

October 3, 2011 by · Leave a Comment 

The market is going in our direction. Crude Oil again is down, below $80 a barrel. The website, www.columbusgasprices.com shows one station at $2.99 per gallon, many at $3.03 a gallon. MORTGAGE TIP OF THE DAY: The Arlington Bank will do loans on COOP’s. We have only one COOP in Central Ohio that I am [...]

Columbus Mortgage Rates Update

June 27, 2011 by · Leave a Comment 

Greece’s financial situation will be determined this week and will have a dramatic affect on the world wide financial markets. This includes the mortgage backed securities the US offers. It will be interesting to see what is resolved there. The Greece government has spent too much and given too many entitlements. Everyone is now angry [...]

Columbus Mortgage Market Update

June 22, 2011 by · Leave a Comment 

This Greece situation is still affecting US Markets. Rates stabilized this morning. MORTGAGE TIP OF THE DAY: We discovered yesterday that 19% of the properties listed for sale in Central Ohio are Condos. That is a scary number. If you have a condo listed for sale and you aren’t quite sure what kind of financing [...]

Columbus Mortgage Market Update

June 14, 2011 by · Leave a Comment 

Two economic announcements came out this morning and they were better than expected which is putting pressure on rates upward. Crude Oil is still hovering around the upper $90 a barrel range. Fortunately, gas prices are falling in central Ohio due to the refinery south of Chicago getting back online. MORTGAGE TIP OF THE DAY: [...]

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The Columbus Team | Real Estate