Home Mortgage Foreclosure Rates Fall to 20 Year Low

The rate of foreclosures on home mortgage loans in Georgia and around the country feel to a 20 year low in March of 2019.  Overall, less than one half of one percent of US home mortgage loans were in some stage of foreclosure.  The number of home mortgage loans considered delinquent, or more than 30 days past due,  fell to 4 percent, a 13 year low.  Real estate analysts attribute the lower rates to the healthy economy.

Home mortgage rates are low!  Contact Peachtree Mortgage Services, Inc. at 770.481.0052 to discuss your upcoming home purchase or refinance

 


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