Pending Home Sales Up as Mortgage Rates Stabilize, Economic Outlook Brightens

Pending home sales in Georgia and across many other parts of the US increased in January, according to a recent real estate report, as more potential home buyers returned to the market.  Mortgage rates, which were fluctuating wildly last fall, have stabilized.  Interest rates are still considerably higher than in recent years, but buyer confidence has increased as economic conditions continue to show signs of strength, even while home prices have remained historically high.

 Buying or refinancing a home mortgage loan in the Atlanta area?  Contact Peachtree Mortgage Services, Inc. at or 770.481.0052.

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