Rate Update Smyrna Homebuyers
The Week in Review: Mortgage interest rates pushed higher last week as the debt ceiling deadline approaches. What to Expect: Once again this week the debt ceiling issue will be the main driver of mortgage rates. Several scheduled economic reports will not be released because of the ongoing government shutdown. At this point, multiple outcomes…
Smyrna Vinings Homes Market Continues Growth
Smyrna Vinings home sales continue to grow and in just this year we’ve seen a huge surge in sales. In the past three months, sales, while still increasing, are not doing so at the same pace as earlier this year. This chart shows you the past 12 months of home sales at any given point.…
Smyrna Vinings Home Market Remains Strong
Smyrna Vinings home sales continued their upward surge, which is remarkable considering the low inventory of homes we have for sale these days. For the homes that do stand out from the crowd, we are seeing very strong demand and buyer competition for those homes. This chart shows you the past 12 months of home…
Vinings Homebuyer Rate Alert
The Week in Review: Home mortgage interest rates continued the uphill climb last week. Mostly positive economic news pushed rates higher by approximately .125% What to Expect: Expect volatility. It’s a big week with numerous economic reports, a congressional vote on Syria and treasury auctions taking place all week. There are too many variables this…
Smyrna Home Buyer Rate Update
The Week in Review: Home mortgage interest rates moved through most of the week at multiple year highs. However, rates came down just a bit on Friday. On the week, mortgage rates moved marginally lower. What to Expect: The direction of mortgage interest rates over the next few weeks will be determined by economic data.…
Rate Alert for Smyrna Homebuyers
The Week in Review: It was a rough week for mortgage interest rates. Positive economic news continued to fuel the fire that the Fed would taper the bond purchase plan sooner than later. Rates climbed .25% to .375% on the week. What to Expect: Economic reports will not be a factor this week. Instead, the…