Home Mortgage Refinances Increase in December

Home mortgage refinances made up 35% of all mortgage loan originations in December in Georgia and across the country, a jump from 29% in December. Analysts say that lower home mortgage interest rates and the traditional slowdown in home purchases during the holidays led to the increase in refinances. Market experts expect the percentage of purchase loans to increase during the spring months, which are traditionally busier.

Need to refinance a home mortage in Atlanta or anywhere else in Georgia?  Contact Peachtree Mortgage Services, Inc. at peachmtg@bellsouth.net or 770.481.0052.