Rates Rise as Predicted - Sales are helping reduce Inventory - Now is the Time to Buy

By
Real Estate Agent with Qualitas Property

For Further Questions  feel free to contact us. Check Out the latest Douglas county happenings and for further information about Metro Atlanta. If you have a Real Estate need in Atlanta trust the Full time  Local professionals at Team Renton Keller Williams. For Free Home Search for Douglasville or Metro Atlanta go to www.servingdouglasvillehomes.com.

Rates have gone up in the summer months for the last 3 summers. If you are thinking about buying a house now is the time to lock in and maximize your net worth as a buyer. Inventory levels are starting to decline and the market is showing signs of recovery in Atlanta.

Here are rates so far today.

**Please note, during this volatile time in the market it is not unusual for the rates to change multiple times during the day either up or down.  The rates I send are the first cut coming out in the day.** (Also, please note that these rates have not been adjusted for credit scores, loan type, loan to value, or other factors that are involved in adjustments.)

30 Year Fixed - 5.250%

  

20 Year Fixed - 5.250%

  

15 Year Fixed - 4.750%

 

10 Year Fixed - 4.750%

                                                                                     

FHA/VA 30 Year Fixed - 5.250%

 

USDA Rural Development 30 Year Fixed - 5.500%   

  

***Rates quoted have zero points.  Lower rates can be obtained by paying upfront discount points.***

  

***NOTE:  Jumbo rates will be quoted on request only going forward****

Posted by

Paul Renton

CDPE, ABR, e-Pro, REO Specialist

New Development & Construction

  

 

Direct Line UK 0207 993 2580

 

Mobile +44 770367 2089

US 1-(786)-863-8787

Skype: paul.renton6

 

www.qualitasproperty.com 

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