Forecasters Expect Increased Housing Construction Costs, Lower Home Mortgage Rates in Coming Years

If current housing trends continue across Georgia and the remainder of the country, forecasters expect construction costs-- increasingly impacted by economic tariffs-- to continue increasing during the next two years, further impacting affordability. However, while recent mortgage rate increases have affected affordability across metro Atlanta and much of the country, economists believe that these increases in home mortgage rates are not historically significant and expect them to top out in the next two years before slower economic activity and growth due to the growing national debt pull them back down.

Considering buying a new home or refinancing a home loan in the state of Georgia? Contact Peachtree Mortgage Services, Inc. at peachmtg@bellsouth.net to discuss our low home mortgage interest rates, available loan programs, and easy home loan application process.


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