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Atlanta 575 Real Estate Stats

Atlanta 575 Real Estate Stats

A summary of real estate market conditions as of July 30th, 2010

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30-Year Mortgage Rates Make New Lows, But Look Ready To Spike

30-Year Mortgage Rates Make New Lows, But Look Ready To Spike

No doubt you’ve heard that mortgage rates are low. They’re lower than they’ve ever been in history. The news is everywhere. But the low rate environment looks like it’s ending.

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Falling Consumer Confidence Helps Drag Mortgage Rates Lower. For Now.

Falling Consumer Confidence Helps Drag Mortgage Rates Lower. For Now.

For the second consecutive month, U.S. consumer confidence is plunging. July’s official reading is its lowest since July of last year and the figures run in stark contrast to just two months ago, when the index touched a multi-year high.

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