According to HSH.com®, a leading publisher of home and consumer loan information, mortgage rates shot up from 3.49 percent in May to 4.69 percent in August. Data from Goldman Sachs, the giant banking and investment firm, showed that rates on 30-year fixed mortgages have gone up 1.2 percentage points since May. In Georgia, though, the story is a bit different. As shown in the most recent report of Georgia REALTORS®, a strong demand for a limited supply of homes for sale has been outweighing any concerns about higher mortgage rates. In fact, people might be actively seeking to buy homes now in anticipation of mortgage rates rising further. Given this possibility, some experts share a few ways buyers can deal with high Georgia mortgage rates and still buy homes.
http://georgia.churchillmortgage.com/info-article/first-time-buying-tips-dealing-with-rising-georgia-mortgage-rates/
No comments:
Post a Comment