Ready to hit the housing market in the Buckeye State? Expect below-average home values but a growing market. Ohio has 5.2 million housing units and a homeownership rate of 66%, according to the U.S. Census Bureau’s 2017 American Community Survey.
The state’s median housing value is $144,200, which falls below the national average of $217,600. Home values can vary by region, though, providing many options for Ohio’s 11.6 million residents.
What Are the Mortgage Rates in Ohio?
Home interest rates range from 2.5% to 3.63% in Ohio.
What Are Today’s Mortgage Rates?
Locking in a low mortgage rate today can save you thousands over the life of your loan. Compare your mortgage rate offers with national average trends.
This Week’s Rate
Last Week’s Rate
|30-year fixed-rate mortgage||3.13%||3.02%|
|15-year fixed-rate mortgage||2.59%||2.62%|
|30-year fixed-rate jumbo mortgage||3.2%||3.04%|
|5/1 jumbo ARM||3.4%||3.41%|
*Rates as of Aug. 28, 2020