Lower Home Mortgage Rates, Higher Wages Contribute to Increased Housing Affordablity

Although home prices rose slightly during the first eight months of 2019, affordability in Georgia and around the country rose nearly 10% during the same period. Real estate experts say that lower home mortgage interest rates and higher wages contributed to the increase. The changes give the average shopper over $40,000 in increased home buying power.

Ready to purchase a new home?  Want to take advantage of low home mortgage interest rates to refianance an existing home mortgage loan?  Contact Peachtree Mortgage Services, inc. at 770.481.052 or peachmtg@bellsouth.net.