Interest Rates

Thinking of Selling? Now May Be the Time.

The housing market has started off much stronger this year than it did last year. Lower mortgage interest rates have been a driving factor in that change. The average 30-year rate in 2019, according to Freddie Mac, was 3.94%. Today that rate is closer to 3.5%. The Census Bureau also just reported the highest homeownership rate since 2014 for people under 35. This is evidence …

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Interest Rate Update

08.20.2018 Since I last wrote this update back in April, interest rates have been amazingly steady. The Federal Reserve raised short-term rates again in June. That is having a direct impact on adjustable rate mortgages (that are now adjusting), home equity lines of credit, and car loans. The prime rate has now risen from 3.25% …

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The Best Atlanta Mortgage Rates | What You Need to Know

When shopping for the best Atlanta mortgage rates you must be on the ball.  Mortgage rates can, and will, change constantly…daily…sometimes twice or three times daily! It’s important that you know where to look to ensure that you’re ahead of rate trends and get a good deal when shopping for a mortgage loan. Here are …

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Shopping for a mortgage: How can I be sure I’m comparing apples to apples?

Once you are satisfied that you are working with a top-quality professional mortgage advisor, here are the rules and secrets you must know to “shop” effectively. First, IF IT SEEMS TOO GOOD TO BE TRUE, IT PROBABLY IS. But you didn’t really need us to tell you that, did you? Mortgage money and interest rates …

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Factors That Affect Home Mortgage Rates

Home loans can be generally placed into one of four categories; Conventional, Alt-A and Sub Prime and second mortgages/home equity lines of credit. We will briefly touch on what impacts rates for each of these types of loans. Let’s start with the most common, conventional loans. Fannie Mae and Freddie Mac are quasi governmental agencies …

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