New Home Mortgage Applications Up Sharply Over Last Year

Applications for new home mortgages in Georgia and around the country were up nearly 34% in August when compared to a year earlier, according to a recent report. Despite the continuing Covid 19 pandemic and ongoing economic uncertainty, the housing market remains strong. Real estate market experts cite low home mortgage interest rates, a job market that is slowly beginning to recover, and home buyers' need for more space as more workers decide to work from home permanently.

Need more space to expand a home office? Need to refinance an existing home mortgage loan?   Contact Peachtree Mortgage Services, Inc. at peachmtg@bellsouth.net or 770.481.0052.