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[...]
Looking for Atlanta real estate? Well here is some great news! For the first time ever, the average rate on the 30-year fixed mortgage fell below 4 percent for the week ending October 6, to 3.94 percent, according to Freddie Mac. This is following last week’s low of 4.1 percent and dropping, historic lows over the past six weeks. The average[...]
Your Atlanta real estate may not provide you with the tax break you have gotten in the past. President Obama's Deficit Commission released a plan earlier this week detailing specific actions Congress will need to take to get the federal deficit back under control during the next decade. It is important to note that the plan does not actually balance[...]