Atlanta Area Rental Rates Spiral Upward
Rental rates have continued to spiral upward across metro Atlanta during the summer months. Average median rental rates in July were 20% higher in some suburban Atlanta areas when compared to a year earlier. Two bedroom rental rates in Marietta and Duluth were up 20%, while one bedroom...
New Housing Starts Increase Significantly
New housing starts across the country in June were up over 29% when compared to a year earlier, according to the US Census Bureau and HUD. When compared to a month earlier, new home construction activity grew nearly 14% across the South. New activity was strongest in the Northeastern...
Prequalified And Pre-approved: What's the Difference?
If you're thinking about buying a home, then you've probably heard the terms "pre-approval" and "prequalification." While often used interchangeably, there's a slight difference between the two. This blog will go over what it means to be prequalified versus pre-approved...
Fannie Mae & Freddie Mac Pandemic Upcharge Fee Dropped
The Federal Housing Finance Agency announced Friday that a 50 basis point fee added to all home loans delivered to Fannie Mae and Freddie Mac will be dropped. The fee was instituted during the past year to cover projected pandemic losses, and it was passed on to borrowers by mortgage...
Median Atlanta Area Rental Prices Still Increasing
According to a new report, the median monthly rental price in the Atlanta increased over 13% in May when compared to a year earlier. The median rental price in the Atlanta area was $1,536.00, which is slightly higher than the median US rental price of $1,527.00. Rental rates increased in 43 of...
Peachtree Mortgage Services, Inc. Accessibility Statement
Peachtree Mortgage Services, Inc. strives to ensure that its services are accessible to people with disabilities. Peachtree Mortgage Services, Inc. has invested a significant amount of resources to help ensure that its website is made easier to use and more accessible for people with disabilities, with the strong belief that every person has the right to live with dignity, equality, comfort and independence.
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