VA Assumable Loans in Georgia: What Buyers, Sellers, and Agents Need to Know
If you’re navigating Georgia’s real estate market—whether as a homebuyer, seller, or agent—you’ve probably heard some buzz about VA assumable loans. But what exactly are they, and why are they suddenly such a hot topic?What Is a VA Assumable Loan?A VA assumable loan is a mortgage originally taken ou
Mortgage Rates Spike in Response to Fed
Mortgage rates quickly erased a week of progress this afternoon following the Fed announcement and press conference. Fed announcement day historically has several components: the announcement itself, the summary of economic projections (SEP), and the press conference. Within the SEP, there is the d
Mortgage Rates Lowest Since May 14th
Today's top tier 30yr fixed rate was 6.54% for the average lender. You'd have to go back to May 14th's reading of 6.52% to see anything lower. The latest improvement follows another moderate drop in oil prices and bond yields as global markets digest the U.S./Iran peace deal. There's still some risk
Mortgage Rates Hit One-Month Lows
The bad news: mortgage rates didn't fall quite as much as one might have expected following the confirmation of the Iran peace deal. The good news: rates had already begun pricing in the peace deal last Thursday and it only took a modest improvement for the average lender to match the lowest level i