Atlanta Home Mortgage Delinquencies Down

The rate of home mortgages at least sixty days late in the Atlanta area and around the United States fell to 1.74% in the first quarter of 2018, the 19th consecutive quarter in which home mortgage delinquency rates have dropped. The home mortgage delinquency rate has dropped every quarter since the 3rd quarter of 2013. Analysts expect the rate of serious delinquencies to continue dropping as the economy remains healthy. The rate of delinquent mortgages has risen, however, in areas affected by recent hurricanes, including Puerto Rio and parts of Texas and Florida.

Buying or refinacing a home in metro Atlanta or anywhere else in the state of Georgia?  Contact Peachtree Mortgage Services, Inc. at peachmtg@bellsouth.net to discuss our low home mortgage rates.


* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.