30 Year Fixed Mortgage Rates New Record Low Again

New Atlanta HomesFor the sixth week in a row, the average rate for a 30-year fixed mortgage was nearly hitting its record low mark. This week we saw the rate for a 30-year home loan hover at 3.99%, along with a 15-year home loan at around 3.27.  Both rates are extremely low.

In Smyrna, GA and the Greater Atlanta area, new homes are being built once again.  The best news for home buyers, along with amazing mortgage rates, is that they are still being sold below market pricing.  The Atlanta area is seeing soaring home sales.  In a recent article from HousingZone.com, they posted great news, reporting that Atlanta metro area home sales are up 33.4% from 2010.

As you can see, the housing market in Atlanta is making a major comeback while rates and prices are still extremely low.  The recent data indicates that Smyrna and Atlanta buyers are in a great position with many options to find a new home.

Are you looking for a home mortgage in Smyrna or the Greater Atlanta area?  Contact the Mortgage Guys or get a quote now.

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  1. […] local community.  As you have most likely been watching, small businesses have been hiring and the Metro Atlanta housing markets are improving.  Actually, the Metro Atlanta area (such as Johns Creek and Suwanee) has been ranked the #2 best […]

  2. […] already have great news for the housing marketing in Woodstock and the Metro Atlanta area…  Home sales are up 33.4% from 2010 in the metro Atlanta market.  This is great news for our local area, which seems to be attracting new small businesses as […]

  3. […] Mortgage rates are still extremely low.  Despite the fact that the housing market is starting to come back, mortgage rates in Atlanta are at all time lows. […]