New Atlanta Home Loan Applications Up as Mortgage Rates Decline and Buyers Return to Housing Market

New applications for home mortgage loans were up over 7% in Georgia and around the country last week, as mortgage interest rates continued a month-long decline and the job market remained strong.  Although there were far fewer new mortgage loan applications than at this time a year ago, local Atlanta area real estate experts remain optomisitc and view the increase in applications as a positive development.  Most local real estate professionals expect the increase in applications to continue as potential buyers who delayed home purchases last year due to rising interest rates return to the market.

 Contact Peachtree Mortgage Services, Inc. at or 770.481.0052 to discuss your new home mortgage or loan refinance needs.

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