Your Key to Savannah Living
Your Key to Savannah Living
Mortgage rates have hovered between 6.8%–7% despite ongoing geopolitical and economic volatility. Economists say rates must drop below 6.75% to effectively revive homebuyer demand. Mortgage rates expected to remain above 6.5% for most of 2025.
Economic Turmoil May Keep Rates Near 7% in Summer Read More »
Mortgage rates stayed high longer than expected, suppressing home sales despite slight 2025 growth. National home prices rose just 0.55% mid-2025, marking softest growth in many years.
These Signs Help Decode End-2025 Home Prices Read More »
home prices ↓ 0.1% in June, third monthly drop 30 of top 50 metros saw declines; DC led with ↓ 1.8% Year-over-year growth slowed to 3.4%, lowest since June 2023 High mortgage rates, job cuts, and ↑ inventory deter buyers Home prices expected to dip another ~1% by year-end.
Are House Values Finally Coming Back Down? Read More »
New Home Sales surged to 743K, beating the forecast of 694K and prior 670K figures. This 73K month-over-month gain marks one of the sharpest increases in recent housing data trends.
New Home Sales Surge Past Forecasts, Boosting USD Read More »
The Federal Reserve projects the federal funds rate to decline to 3.1% in 2027. The CBO expects a similar trend, estimating 3.7% in late 2025 and 3.4% in late 2026.
Interest Rate Predictions for the Next 10 Years: 2025-2035 Read More »
Atlanta anchors a strong economy and housing market. Median home prices sit comfortably below national average. Mild winters and rich cultural history add appeal. Jobs in film, tech, and logistics are growing. Jobs in film, tech, and logistics are growing.
Why You Should Move to Georgia Read More »
Buying a home is a complex process that requires careful preparation. Key mistakes to avoid include not getting pre-approved for a mortgage, assuming a 20% down payment is necessary, and purchasing a home beyond your financial means. It's important to maintain a good credit history, avoid large purchases on credit, and not cosign loans. Additionally,
10 Surprising Things You Should NOT Do Before Buying a House Read More »
Georgia’s home value: $339,764 in Q2 — 95% of the typical U.S. price. Median income covers 21% of home value. Homes priced just under the national average. Income levels support reasonable affordability in Georgia. Georgia offers balanced prices for buyers on a budget.
Georgia Homes Below US Price Average Read More »
Analysts forecast a gradual mortgage rate decline in 2025, though predictions vary in pace and depth. Fannie Mae projects 30-year fixed rates falling to 6.1% in Q4. MBA forecasts minimal change, with rates steady at 6.7% through Q3, dipping to 6.6% in Q4. Despite Fed rate cuts, analysts note limited transmission to mortgage costs due
Will 2025 End With 6.1% Rates? Read More »
The cheapest 30-year refinance rates are in states like New York and California, averaging 6.83%-6.98%, while the highest rates, around 7.04%-7.10%, are in West Virginia, Alaska, and others. National rates slightly rose to 7.01% after a week-long decline but remain below May's peak. Rates vary by lender, credit score, and location. Fed policies and bond
Today’s Refinance Rates by State – July 24, 2025 Read More »