Mortgage Loan Applications At Highest Level in 10 Years

Fueled by lower home mortgage interest rates, mortgage loan applications across Georgia last week increased to their highest levels in more than ten years. Purchase activity was 12 percent higher when compared to a year earlier, and refinance activity reached its highest level since 2009. Real estate experts expect a strong spring housing market this year as mortgage rates should remain low for the foreseeable future, making homes more affordable.

Ready to purchase a new home or want to refinance an existing home mortgage loan? Contact Peachtree Mortgage Services, Inc. at 770.481.0052 or peachmtg@bellsouth.net.