Atlanta Georgia Luxury Houses for Sale Buy Sell or Rent GA Homes Team

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A press release was just issued announcing lower monthly mortgage insurance premiums for new FHA loans. This will reduce the premium from 1.35% to .85% on a 30 year fixed FHA loan with 3.5% down. Here are answers to some of the most expected questions: 1. How much will this save my buyer?... On a loan amount of $200,000 this will save home buyers $84/month! 2. Will this increase my buyer’s price point? Yes, this reduction in monthly mortgage insurance will increase their buying power by about 8%. So their buying power increases from $200,000 to $216,000! 3. When will this go into effect? The press release indicates an effective date towards the end of January. FHA will publish a mortgagee letter detailing its new pricing structure shortly. 4. What if my buyer is closing now? FHA loans will continue closing with the current premium until HUD issues a new Mortgagee Letter announcing the specific details. Please Like and Share. We will continue to follow up with any new information!

An article from Atlanta Business Chronicle: 'Oldest Home in Buckhead' For Sale. "Historical documents date the home's original construction to the late 1830's." Please Like and Share! We can help you find the perfect home ~ Plenty of beautiful places in this beautiful and historic area.... http://www.bizjournals.com//oldest-home-in-buckhead-for-sa

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News You can Use 2014 Housing Review: A Year of Jobs, Record-Low Interest and Tight Inventory Sets the Stage for 2015 Growth http://ow.ly/2SuP9j

The REAL Reasons Americans Buy a Home - Last week, we reported on the financial reasons that the New York Times felt that homeownership was important. The Joint Center for Housing Studies at Harvard University performs a study every year surveying participants for the reasons that American’s feel are most important in regards to homeownership. There’s No Place Like Home The top 4 reasons to own a home cited by respondents were not financial. 1. It means having a good pl... http://ow.ly/2StnHc

News You can Use Is It Easy to Obtain a Mortgage? - For many households, obtaining a mortgage is the most important step when seeking to purchase a home. As housing analysts, a natural question to ask when assessing the prospects for home buying is how easy is it for households to obtain a mortgage? The Federal National Mortgage Association (FNMA) or Fannie Mae attempts to shed [] http://ow.ly/2SsmSJ

Roland Blog & Tips Existing Home Sales Lose Momentum in November as Inventory Slightly Tightens http://ow.ly/2SsmRB