Smyrna Vinings Mortgage Rate Update: Week of September 6, 2010
The Week in Review: Volatility has moved back into the marketplace and as a result home loan rates are experiencing daily movement again. This past week rates decreased at the beginning of the week only to end the week .125 – .25% worse than they started. What to Expect: This week has an unusually low…
Smyrna Vinings Mortgage Rate Update: Week of August 16, 2010
The Week in Review: Home loan rates increased about .125% after a highly volatile week. What to Expect: This week we get reports on two keys aspects of our economy, housing and employment. New and Existing Home Sales Reports as well as the Initial and Continuing Jobless Claim Reports are out this week. Friday we…
Smyrna Vinings Mortgage Rate Update: Week of August 16, 2010
The Week in Review: Home loan rates continued to bounce around at all-time low level throughout the week. Rates ended the week unchanged. What to Expect: The downward trend, which began in April, is still intact but with rates at all-time lows it will be progressively harder to keep going. Last week, there was very…
362 Smyrna Vinings Homes Sold
Smyrna Vinings real estate market recap Time for a little mid-year recap for the Smyrna Vinings real estate market. First up, will be single family homes. For the first six months of 2010, 362 Smyrna Vinings homes sold, with the highest price being $1.4 million for a lovely home in Bakers Farm in Vinings to…
Home Buyer Tax Credit Extended
Home Buyer Tax Credit Extended Smyrna Vinings home buyers, you may yet get that homebuyer tax credit after all. This week, the Senate passed a bill to extend the $8,000 homebuyer tax credit until September 30th. It now goes to President Obama, who is expected to sign the bill. The bill was overwhelmingly approved by…
Smyrna Mortgage Rate Update: Week of June 21, 2010
The Week in Review: Home loan rates improved during the week by about .125%. What to Expect: Former Fed Chairman Alan Greenspan was quick to warn consumers not to be fooled by today’s low rates in a recent Wall Street Journal article. He said, “Long-term rate increases can emerge with unexpected suddenness. Between early October…