There are still a variety of programs that are available and incentives to help you get into the house you want / need. See FHA Buydown Flyer for more details.
The Ohio Housing Finance Agency just increased the interest rate to 6.25% unassisted and 6.75% assisted with 3% to borrower. Still a great rate for those wanting to be Home Buyers! ohfa-noticeofratechange-07252008-pdf
There are many lenders in the business to assist you as a Home Buyer, all with a variety of programs and options that may work best for you. It is important to understand the terms of any loan, to have communication with the lender that is honest and easily available and certainly someone with experience you can trust.
EMAIL Mark Myers, Sales Manager for Countrywide: Office: 937-431-6803
FAX: 866-905-5186 or logon to www.lendingbymark.com