Richardson Housing Group

Now is the Best Time to Purchase Your New Home!

                        If you are the market for a new home, now is the time to make your move! Mortgage interest rates are forecast to rise in 2019 – a 30-year fixed rate mortgage is anticipated to reach 5.8%, a figure that hasn’t been seen […]

Mortgage Rates at a Low for 2017!

Last week, the average rate on a 30-year fixed mortgage dipped to 3.9%. This is the first time the mortgage rate has dipped below four percent in 2017, and represents the lowest rate this year! Other mortgage rates have taken similar plunges – the average rate on a 15-year fixed rate mortgage fell to 3.23%, and the average […]

There Has Never Been a Better Time to Buy a New Home!

There has never been a better time to buy a new home! After a steady increase in mortgage rates at the end of 2016, rates have begun to drop again. The average rate for a 30-year fixed rate mortgage is 4.38 percent, and 15-year fixed rate mortgages are averaging an incredible 3.76%. A recently released housing […]

Homeownership Cheaper than Renting in Atlanta

A recent study by Apartment List says that homeownership costs continue to drop across the nation, while the costs associated with renting have remained nearly the same over the past several years.  Mortgage interest rates have dropped by 13% since 2007, while rents have increased by about 3.7%.  In Metro Atlanta, the price of homeownership has […]

Mortgage Rates Continue to Drop!

Great news – mortgage rates are continuing to drop! Rates this week are among the lowest the industry has seen since 2013. The average rate on a 30-year fixed-rate mortgage is now 3.44%, and the average rate on a 15-year fixed-rate mortgage is just 2.68%. With a 30-year fixed-rate mortgage, you’ll pay only $446 per month in […]