There was a very slight uptick in rates this week, but nothing drastic. So all things considered, a generally stable week. The next big meeting for the FEDERAL RESERVE is a 2-day meeting on 10/27 and 10/28. The FED meetings are ALWAYS when we can see big impacts in the mortgage market, just depending on what kinds of actions and/or verbiage come out of the meeting from the FED. It’s still advisable for any customers currently shopping for homes to be aware of those dates since it could impact rates and qualifying amounts!
Senior Loan Officer – The Maguire Team
Cell: (770) 331-7500
www.academymortgage.com/jonmaguire Apply online click “Apply Now” on webpage
NMLS ID: 204787 | GA Residential Mortgage License: 28208 | Academy NMLS #3113 | GRMA#20505
The Sanders Team Real Estate provides boutique-style personalized service to manage every detail of your home sale or purchase - from specialized market knowledge to pricing, marketing, negotiating, and closing. The Sanders Team is one of the top real estate teams in the Atlanta market. The team founders, Greg and Michelle Sanders, combined their technology and real estate experience to create a leading edge, technology savvy, and service based real estate team. The Sanders Team specializes in the Metro-Atlanta Georgia real estate market, including Woodstock, Canton, Roswell, Alpharetta, Milton, Marietta, Atlanta, Cumming, Kennesaw, Acworth, Austell, Ball Ground, Dallas, Duluth, Hiram, Holly Springs, Johns Creek, Mableton, Powder Springs, Sandy Springs, Smyrna, Union City, Waleska, and White.
The FEDERAL RESERVE decided to INCREASE the Federal Funds Rate today.
"We would definitely recommend Michelle Sanders to anyone buying or selling a home. Michelle listed and sold our existing home and helped us find and purchase our new home. Michelle was professional, extremely responsive, and most of all effective, both in attracting the right kind of traffic to our home to sell it at a great price and in finding the right kinds of homes for us to consider for the purchase.
Before we listed, Michelle made great recommendations for how we should stage our home to help it show at its best. After we listed, she ensured the home was shown on all major online services, arranged an open house event, and stayed in close communication with us about showings and progress. We had an offer within two weeks and it closed about four-weeks later.
Despite relatively limited real estate listings in this area, while our existing home sale was in process Michelle helped us find what my wife refers to as "our forever home." Michelle helped to coordinate the closings to ensure we avoided PMI, ensured all paperwork was in place and handled correctly, and basically ensured both closings happened as scheduled without a hitch.
Again, we think we are now in our "forever home," but if we ever decide to move again, we will definitely work with Michelle on both ends of the deal."