Just in time for the new year, Peachtree Residential recently unveiled a program designed to assist buyers in the new construction market amid rising interest rates and inflation. The award-winning builder understands the current market makes many prospective buyers unsure about purchasing a new home. The Buyer Assurance Program aids prospective buyers by offering can’t-miss assistance, allowing many to secure their dream[...]
Interest rates have been on the rise this spring, and the Federal Reserve Board has hinted it will increase the Federal Funds Rate several more times this year in an effort to tame inflation. The increases leave homebuyers in a quandary. Monthly house payments are higher with increased rates, so purchasing an existing home can be tough. Uncertainty about how[...]
Team Leader and Senior Loan Consultant Jeff Glick with New American Funding joins the Atlanta Real Estate Forum Radio podcast to talk about loan limits, mortgage news and the phenomenal growth of New American Funding. Glick joins host Carol Morgan on the All About Real Estate segment. Working in the mortgage industry since 2003, Glick has experienced a lot of change[...]
The housing market continues to show improvement not only in Atlanta but across the country. While record-low national housing inventory remains, the number of foreclosures reported across continues to decrease. ATTOM recently released the 2021 Year-End U.S. Foreclosure Market Report, detailing scheduled actions, default notices and bank repossessions recorded in the past year. Licensor of the nation’s top comprehensive data and[...]
At MarketNsight's December 9, 2021 MarketWatch, David Godwin, Senior Vice President of Business Development for Bank South Mortgage was asked, "What is going to happen to interest rates in 2022?" His response was, Fannie Mae, Freddie Mac, the National Association of Realtors and the Georgia Bankers Association are all showing a slight uptick in mortgage rates for 2022. Godwin makes[...]
The rise and fall of mortgage interest rates seems to be the hot topic on news stations across the country week in and week out. With so much news, and so many differing opinions on what the changes in the rates mean, it can be hard to discern how they will your home purchase. Over the past few months, there has[...]
The amount you pay in credit card interest can really add up, especially if you are carrying high balances. While you can’t eliminate your interest rates all together, there are steps you can take to lower your interest rates. These steps are outlined in a recent Equifax Finance blog article, “ Four Ways to Help Lower Your Credit Card Interest Rate.” You[...]
If you pay attention to housing news, you’ve no doubt been hearing that interest rates are expected to rise slighting through the end of the year. Rising interest rates not only impact Atlanta real estate, but they impact nearly everything you buy on credit. You may feel like rising interest rates can only be a bad thing, but there is[...]
With interest rates and home prices still at historic lows, the market for new homes in Atlanta is still conducive to buying. However, record low inventory levels of both new homes and resale properties means that prices will be going up at a much faster rate than we've been experiencing. If you're looking to buy a pre-sale new home in order[...]