When Are Rates Going to Rise?

Hey there everybody, thanks for joining us. We are excited to be joined today by John Ragland Jr. with the Supreme Team at Supreme LendingHe is going to give us the ins and outs of interest rates right now in Atlanta. 

There has been a lot of talk lately about the month of September, which is when it is anticipated that the Fed will raise the federal funds rate. That won't necessarily impact rates directly, but as the economy and investors see the rate increasing, it will cause home loan rates to move up. Between now and September, rates will be moving up, we just aren't sure when.

For every 1% increase in rates, your affordability drops 10%. That's a huge drop in buying power for just a normal rate hike.

While there is much uncertainty surrounding interest rates, we do know one thing for sure. Rates are incredibly low right now and inventory is solid, so it's a great time to buy as well. Rates can't stay this low if our economy is to remain balanced, and they are going to move up soon, probably this year.

If you have any questions for us, feel free to give us a call or send us an email. We look forward to speaking with you!

How Does American Family Insurance Take Better Care of You?

We are back once again with one of our preferred insurance agents, Lindsey Metzger with American Family Insurance to talk some more about how she can give you some of the best services, and rates, in the business. 

With the seasons changing comes the threat of damage to your home and vehicle. Tornadoes, hail, and thunderstorms are going to come and there is not much you can do to stop them. However, you can be prepared with the right coverage so that if a claim needs to be made, the process can be handled perfectly for you. 

When somebody has damage done to their car or property, the first thing they should do is make a call. If you have a policy with a large insurance agency, you will likely need to call a 1-800 number. The problem with doing this is that once you dial that number, they will mark down that you filed a claim, even though they may not end up filing your claim. 

If you have Lindsey and her team on your side, they will take care of you personally. When you give her a call, she will send someone out to look at your damage first before filing a claim. There's no point in putting a claim in if it won't be covered. 

Lindsey can help with all types of insurance. The ones she specializes in are home, renters, auto, life, and commercial insurance. They are one of the top rated companies for claims and customer services.

If you'd like to reach Lindsey give her a call at (470) 202-7315. If you have any questions for us, feel free to give us a call at (678) 428-5841 or send us an email at Lorie@HomeByLorie.com. Talk to you soon!