Mortgage Loan Applications Down in Atlanta, Around Country

Home mortgage loan applications for both purchases and refinances declined slightly last week due to rising home mortgage interest rates and continuing housing inventory shortages. The average 30 year mortgage interest rate in Georgia and around the country, at slightly over 5.00%, was at its highest level since 2010.  Analysts expect mortgage rates to remain stable n the coming months.

Buying or refinancing a home in metro Atlanta or anywhere else in the state of Georgia?  Contact Peachtree Mortgage Services, Inc. at 770.481.0052 or visit our website at www.peachtreemortgageservices.net.