If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach. Mortgage rates directly impact the monthly payment you’ll have on the home you purchase. So, when rates rise, so does the monthly payment you’re able to lock in on your home loan. In a rising-rate environment like we’re in today, that could limit your future purchasing power.
Today, the average 30-year fixed mortgage rate is above 5%, and in the near term, experts say that’ll likely go up in the months ahead. You have the opportunity to get ahead of that increase if you buy now before that impacts your purchasing power. Read more at KeepingCurrentMatters.com.
The good news is that buyer demand is still high. Selling your current house now will allow you to get top dollar and great equity to make the move to a new lifestyle.
Featured Home:
The VIVIENNE “A”-Beautiful open floorplan features 4 Bedrooms/3.5 Bathrooms and a home office. The Kitchen w/ white cabinets, walk-in pantry and built-in oven & microwave, great room and mudroom. Mudroom w/ built-in bench. Romantic owners suite features a vaulted ceiling. All bedrooms have direct access to bathroom. Loft space on second floor. 2 car side entry garage and irrigation system. **Home is Under Construction, Photos Are Not of Actual Home.
Long Hollow Landing is a stunning community featuring single family Modern European Farmhouse style homes. The plans range in square feet from 2,606 to 3,659. Come and see these spectacular homes located on Lake Lanier. Current incentives include $5,000 towards closing when using preferred lender.
Located on Lake Lanier, Long Hollow Landing will feature eight lake-front homesites. Long Hollow Landing is a stunning community on Lake Lanier featuring single family transitional farmhouse style homes located in the new East Forsyth High School District. Our plans are priced from 560k to 1 Million+.
Summer is Coming – Are you Ready?
With easy access to Cumming, Alpharetta and Coal Mountain, you will be able to enjoy both the nature of the area and wonderful shopping and dining. It is also a quick trip to I- 985 for easy access to the best of Atlanta. Love the mountains? You are a short trip away from Dahlonega, Cleveland and Helen.
Amenities include – Outdoor Community Gathering Area, Fireplace and access to Lake Lanier. Limited day use of Community Dock. Home is conveniently located to North Georgia Premium Outlet Mall.
Great Schools
The schools include Chestetee Elementary, Little Mill Middle School and the new East Forsyth High School. According to GreatSchools.com both Chestetee and Little Mill Middle Schools are rated 8 out of 10 for test scores.
Homes Priced From the $560’s
GPS Address: 7970 Beryl Overlook, Gainesville, GA 30506
For more information call 678-578-6833
Sales Office Hours are
Monday, Friday & Saturday 11:00 am to 6:00 pm
Tuesday, Wednesday & Thursday – By appointment only