Home Mortgage Loan Applications Down as Interest Rates Rise

Home mortgage loan applications in Georgia and across the US were down 29% in September when compared to a year earlier,  as home mortgage interest rates continued to increase.   The average 30 year home mortgage rate in the Atlanta area is currently 6.70%, and the monthly home mortgage loan payment on a median-priced home has increased to $2,547.00, a record high.

Peachtree Mortgage Services, Inc. can help with all your home purchase and refinance loan product needs.  Contact us at peachmtg@bellsouth.net or 770.481.0052.


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