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Georgia Mortgage Rates and Home Loan LendersThe lowest rate from the best mortgage lender is every home owner’s goal when they begin the process of searching for a new mortgage loan. Finding the best rates starts with planning your strategy on the front end. Consumers, who write down their goals, have knowledge of their current credit, home value and two year employment history will give themselves an advantage in the shopping process. If you are a consumer with good or bad credit you may be eligible to qualify for a conventional home loan offered by a local Georgia bank that may serviced through Fannie Mae or Freddie Mac. First time home buyers today are looking at more traditional loan offerings from the department of HUD through an Fha mortgage loans, which offer the buyer the opportunity to purchase with as little as three percent down. If you owe more than the value of your home, you may want to contact your existing mortgage lender to discuss the opportunity of a mortgage loan modification. These loan programs are becoming more popular as they offer the opportunity to purchase with as little as a 3% down payment. The state of Georgia will have specific state underwriting guidelines that will differ from mortgage lender to lender. If you are purchasing a second home, condo or investment property, this information should be disclosed up front to your bank or broker to ensure you are quoted accurate rates and fees. One common misconception is that local companies will always offer the best rates or lowest closing costs on a home loan. If you are shopping for the best mortgage rates and loan terms, then it would be a good idea to compare good faith estimates from both local and national lenders to get the best loan terms. We can help you compare Georgia mortgage rates and loan terms for: Atlanta, Columbus, Marietta, Savannah, and the entire state of Georgia
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Rates, News & Advice Articles
September 1, 2010
The stock market got into rally mode today to start the month of September with a bang. Surging by over 200 points in heavy trading as investors rallied into equity positions. The strong rally in the DOW follows a steady decline of the DOW in the past 60 days as the “double dip” recession...
August 27, 2010
The stock market finally caught a relief rally on Friday, as the DOW jumped well over 100 points on optimism from a reassuring speech from Fed Chairman Ben Bernanke. The DOW was able to get back above the 10,000 point market as investors took advantage of lower equity prices across the board on the market....
August 23, 2010
The markets strong start lost momentum over the course of trading on Monday and the market ended up dropping nearly forty points in trading. The dip follows a swing of nearly 100 points in light trading on Monday as investors pulled back when he market was up nearly fifty points when the market opened...
August 19, 2010
Jobs are certainly the largest component to any economy and has the potential to drive markets sharply. Today, we witnessed another example of the fallout from the employment sector as unemployment claims jumped to their highest levels in the last nine months, news that quickly led to a dramatic sell-off...