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
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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.
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