Another Interest Rate Cut

Dated: October 30 2019

Views: 27

3rd Cut in a Row by Fed

The central bank lowered the benchmark interest rate a quarter of a percentage point to a range of 1.5 percent to 1.75 percent. - Washington Post Article 

This new round of federal interest rate cuts will have a significant effect on the cost of borrowing money. 

30 Year Fixed Mortgage Rate approximately 3.750% - Wells Fargo Source 

Borrowers will benefit from a reduction on the cost to borrow. Jumbo lending programs will become less costly. - BankRate Article

30 Year Fixed Jumbo Rate approximately 3.625% - Wells Fargo Source 

BUYERS - Don't wait to the point of getting prices out of a neighborhood you want to be in. Take advantage of these historically low rates. Stop throwing your money away on rent and start building equity towards your future. 

SELLERS - There is still record low inventory in most of Metro Atlanta. Record number of buyers looking year round. Atlanta and Metro Atlanta is the perfect housing marketplace. It's definitely house selling season year round in the ATL. At least for now. Don't delay. 

Proud members of the Cobb Board of REALTORS®

Curious about the market or the value of your property? Check it here ---> Property Value Report

Blog author image


We understand that buying or selling a home is more than just a transaction: it's a life-changing experience. That's why our team of highly-seasoned real estate professionals are dedicated to providi....

Latest Blog Posts

ROLO The REALTORS's Raving Fans!

Search for Peace Complete with Team ROLOHere at Team ROLO, we take pride in serving our clients.We make sure to treat everyone how we'd want to be treated. Listening to our clients needs and

Read More

ROLO Sells Metropolis!

Another Metropolis Condo SOLD by ROLO!More happy buyers win out the competition with ROLO The REALTOR®This sleek Midtown Atlanta Metropolis high-rise condominium is now SOLD to a wonderful

Read More

Under Contract - Impressive Sandy Springs Home

 In Sought After River North Community Charming 220 River North Drive is now under contract. There is still an open house this Sunday 2-4 pm. Feel free to stop by and take in

Read More

SOLD! Buyer WINS Sandy Springs Ranch Dream Home!

Team ROLO Helps More Buyer's WIN!Metro Atlanta Sandy Springs Georgia homes for sale are not easy to come by. Furthermore, Rivergate is a highly sought after community. Homes rarely come on the

Read More