Builder confidence jumps in January on falling mortgage rates 

The NAHB/Wells Fargo Housing Market Index (HMI) rose seven points to 44, its second monthly increase in a row. 
The post Builder confidence jumps in January on falling mortgage rates  appeared first on Atlanta Agent Magazine.

MBA: Mortgage apps rise on increase in ARM activity 

A 15% rise in applications for adjustable-rate mortgages drove overall mortgage applications higher in the most recent weekly survey. 
The post MBA: Mortgage apps rise on increase in ARM activity  appeared first on Atlanta Agent Magazine.

Victory Mortgage promotes Traci Lynn to national production manager 

The executive will be responsible for delivering Victory loan products and services to its affiliated builder, Fischer Homes, its clients and outside customers, as well as overseeing all seven of the firm’s branches. 
The post Victory Mortgage promotes Traci Lynn to national production manager  appeared first on Atlanta Agent Magazine.

Federal Reserve raises key interest rate to 22-year high 

National Association of REALTORS® Chief Economist Lawrence Yun took issue with the increase, saying the central bank has created “a rare and very tight monetary policy condition.” 
The post Federal Reserve raises key interest rate to 22-year high  appeared first on Atlanta Agent Magazine.

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