While the economy is suffering, the Peachtree City real estate market is holding it’s own. Peachtree City Mortgage loans are widely available, with mortgage rates between 4.375% and 4.75%.
Clients seeking mortgage loans in Peachtree City find that the housing supply exceeds demand, allowing them to choose from a large selection of properties. Even in this market, the property values are only down a little bit, as Peachtree CIty is avoiding the widespread losses that are occuring elsewhere. While the values are staying relatively safe, what is an issue that most sellers are facing is longer times on the market.
Mortgage products available include 30-year fixed, 15-year fixed, numerous ARM products, with interest-only options. Most Peachtree City borrowers choose fixed mortgage loans. In this time of historic great rates, who could blame them!?
