Smyrna Vinings Home Loan Rates Update

Filed in Mortgages, Smyrna Vinings Real Estate by on January 15, 2014

The Week in Review:

The December jobs report surprised the markets last Friday with a much lower than expected number of job gains. The report helped mortgage interest rates drop from multiple year highs.

What to Expect:

The drop in rates continued into this week. However, it would not be wise to see this as a change in the overall trend. Home mortgage interest rates will continue to climb during the year. The advice is to get them while you can.

This week we will receive numerous economic reports starting Tuesday. Retail, manufacturing, inflation and housing will be highlighted. Locking is still the best option. This week’s economic data may put interest rates right back where they were.

For transactions closing in:

Next 15 Days: Lock

Next 30+ Days: Lock

Courtesy of:

Bob Bregitzer
Southeast Mortgage

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About the Author ()

Aaron Hofmann is the founder of and also a Realtor with Atlanta Communities focused on the Smyrna real estate market and the Vinings real estate market. Aaron is a transplant from the Midwest (amazingly not a native Atlantan) and has lived in the Smyrna Vinings area for over 10 years. Find Aaron Hofmann on Google+

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