Smyrna Mortgage Rate Alert
The Week in Review: When Bernanke speaks, the markets listen (and react!). Fed Chairman Ben Bernanke announced the Fed would begin to taper the bond purchase plan this year and likely end the program by mid-2014. The markets were expecting comments about the future of the stimulus plan but were not prepared for such a…
Home Rate Update
The Week in Review: A weaker than expected Jobs Report pushed home mortgage interest rates slightly lower last week. The week was marked by wide swings in both directions. What to Expect: Overall, mortgage rates are going to start rising based on where we are in the economic cycle. Of course, we’ll see plenty of…
October Smyrna Vinings Home Sales
Time for a recap of the October home sales and our current Smyrna Vinings real estate market. If anything, we can say that sales have been very consistent this year. I know that you keep hearing all the negative press in the papers and the national news, but the Smyrna Vinings area is doing pretty…
Mortgage Rate Update
The Week in Review: It appears the European summit was successful last week. The holders of Greek debt agreed to reduce the amount they will collect from the troubled country by 50%. The world stock markets liked the news and improved on the week. Mortgage interest rates moved upward as a result by approximately .125%.…
Mortgage Rate Update
The Week in Review: Home loan rates ended the week unchanged to slightly lower. The debt ceiling debate captured most of the headlines. What to Expect: This week our leaders on capital hill will continue to argue about the debt ceiling. Once again, debt concerns overseas will continue to play a role in interest rate…
Smyrna Vinings Mortgage Rate Update
The Week in Review: Last week reminded everyone how fast market sentiment can change. After weeks of continual weak economic reports, the outlook for the economy was growing more pessimistic. As such, interest rates have been near historical lows. It changed last week when all scheduled reports came in better than expected. The stock market…