As someone who’s thinking about buying or selling a home, you’re probably paying close attention to mortgage rates – and wondering what’s ahead.
One thing that can affect mortgage rates is the Federal Funds Rate, which influences how much it costs banks to borrow money from each other. While the Federal Reserve (the Fed) doesn’t directly control mortgage rates, they do control the Federal Funds Rate.
The relationship between the two is why people have been watching closely to see when the Fed might lower the Federal Funds Rate. Whenever they do, that’ll put downward pressure on mortgage rates. The Fed will meet soon, and three of the most important metrics they’ll look at as they make their decision are:
- The Rate of Inflation
- How Many Jobs the Economy Is Adding
- The Unemployment Rate
Here’s the latest data on all three. Read more at KeepingCurrentMatters.com.
Maybe now is the time to sell your current house and make the move to The Canoe Club Lifestyle.
Homesite 412 |520 Discovery Lake |$719,900 |4 Bedrooms, 5 full & 1 half Baths
Discover “The Johnson” by New Leaf Homes, a stunning new construction residence set on a spacious one-acre homesite, scheduled for completion at the end of September. Crafted in the timeless craftsman style, this exquisite home showcases an open floor plan with meticulous finishes throughout, ensuring a blend of elegance and functionality.
The layout includes a primary suite and guest room on the main floor for comfort. The gourmet kitchen features white cabinets, a quartz island, gas cooktop, wall oven, and hardwood floors. Quartz countertops and hardwood floors add luxury and warmth throughout the home.
Outside, the large covered back patio offers an ideal space for hosting gatherings or enjoying tranquil moments amidst nature. An expanded 2-car garage provides ample storage space, catering to all your practical needs. Additionally, the builder is offering an enticing $5,000 in closing costs with a preferred lender, making this an even more attractive opportunity. With an estimated closing date at the end of September, “The Johnson” stands as a perfect blend of classic design and modern convenience, ready to welcome you home.
The Amenities
The Canoe Club in Fayetteville won the Silver Award for Best Amenity Package at the 2022 OBIE Awards. It offers a wide range of activities and luxurious amenities, including a clubhouse with a lap pool and a serene lakeside setting for outdoor pursuits. The community promotes a vibrant community spirit through engaging events, making it a sought-after residential choice in Fayetteville.
Minutes from Atlanta
The Canoe Club’s strategic location bridges suburban serenity and urban vibrancy near Atlanta, offering convenience for commutes and travel. It caters to professionals with nearby employment hubs like Pinewood/Trilith Studios and Piedmont Hospital. Residents enjoy a blend of peaceful surroundings and city amenities, providing a balanced lifestyle with cultural and recreational opportunities. The community offers convenient connectivity, appealing to diverse lifestyles for a fulfilling living experience.
The Canoe Club is proud to be partnered with New Leaf Homes and Jeff Lindsey Communities.
From Atlanta: Take I-85 South to Exit 61, Peachtree City/Fairburn. Turn left on GA Highway 74 and travel approximately 2.5 miles. Turn left onto Sandy Creek Road and travel 6.5 miles to GA Highway 54. At GA Highway 54, turn right and go about 3/4 mile. Turn left on Huiet Drive and travel approximately 1/2 mile to the entrance of The Canoe Club. Follow the community signs to the Lake Cottage and Sales Center.
Sales Center Contact Information
Monday – Friday – By Appointment Only
Verkina Parrish – 770-846-8004
Kristen Cunningham – 770-843-1390
Sales handled by Berkshire Hathaway HomeService – Georgia Properties-New Homes Division. All information is believed to be accurate but is not warranted. Subject to errors, omissions, and change without notice.