Friday, October 25th, 2013
Mortgage rates dropped to levels not seen since June this week. The government re-start and a weak jobs report means the Fed will keep pumping money into the economy and this should keep interest rates low. Fear of rising interest rates pushed people into buying mode in the Spring but then as they inched up […]
Tags: atlanta real estate
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Thursday, September 5th, 2013
We’ve been seeing interest rates increase pretty steadily the last few months. This tends to depress demand and home prices. But we’re still seeing price increases. July’s numbers again show a gain of 12% over the same time a year ago. From Diana Olick at CNBC, ‘Despite rising interest rates, home prices continue to surge […]
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Friday, June 24th, 2011
According to this article in Bankrate, mortgage rates mostly remained unchanged this week. They called them ‘ultra-low’ and that’s a fitting description. It’s part of the dilemma of todays real estate market, here in Atlanta, and across the country. Buyer’s are squemish about buying. Many are thinking that prices may drop further so they’re holding […]
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Friday, May 6th, 2011
Once again we find how difficult it is to predict ineterst rates. The Fed, along with everyone else predicted higher interest rates this year. The consensus, both nationwide and here in Atlanta was rates would increase from about 4.5% to about 5.5% by the end of the year. But lately we’ve deen backsliding on rates. […]
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