ALBANY, GA (WALB) - With mortgage rates slipping below five percent, a lot of homeowners are lining up to refinance their loans.
Mortgage lenders say they've seen an increase in the last several months of home owners interested in refinance because of the low rates. If you have a mortgage and haven't re-financed in the last six months, it's in your best interest to call your lender and see if you qualify.
"We like to sit down with them and go over it in a case by case basis, but look at the cost to the borrower what they're interest rates are now and see if its most beneficial for them," said Lowell Samples, Albany Bank & Trust.
Home owners looking to consolidate debt, may face a tougher time. Lenders say because their burden is tighter, fewer are qualifying.
A South Georgia developer is breathing new life into some of Tifton's oldest buildings. Developer and investor Harold Harper is transforming an old tobacco warehouse into a new residential space called the Lofts at Twin Brick.More >>
An Albany group is hoping to get people involved in a craze that's rocking the nation by hosting a rock painting party on Monday.More >>
With the school year right around the corner, Soldiers for Christ Ministry in Albany is making sure that students impacted by January's storms have school supplies.More >>
Saturday marks exactly six months since a third round of deadly tornadoes plowed through South Georgia, killing 16 people.More >>
Loved ones of a murder victim begged for answers Sunday night at a candlelight vigil and balloon release in her honor.More >>