Continued low interest rates and a growing economy helped the national housing market improve in 2014. Locally, home sales increased and spent less time on the market. New and extended loan programs from the federal government should keep the momentum going in 2015.
New construction is starting to pop up nearly everywhere after years of inactivity. Is a brand new home right for you? Read this before you buy.
In January 2014 the Consumer Financial Protection Bureau (CFPB) instituted what is referred to as the “Ability-to-Repay” rule designed to protect mortgage lenders and potential homebuyers from purchasing more home than they are able to afford.
The mortgage market in 2013 was not unlike the best of roller coaster rides. But have we reached the station yet?
Several indexes show that pending home sales and home prices have started to bounce back. Homeowners who have been on the fence about selling may start to consider it more carefully now. If you are thinking about selling your home, you’ll want to get the best price for it by following these five steps.
Home prices haven’t returned to pre-bubble levels, but an uptick in buying activity is still welcome news considering the past few gloomy years. Read more about Knoxville’s housing market and what factors have led to an increase in home sales.
One of the biggest mistakes homebuyers make is not talking to a mortgage advisor earlier in the process. Here are five things you should do before you start looking at listings.
The Federal Housing Administration (FHA) has changed its streamline refinance option to help millions of borrowers take advantage of low interest rates. Find out how and who's eligible.
Energy costs should be one of the first places you look to save money. Fortunately, the TVA makes it easy for Tennesseans to reduce their utility bills. Here are the five main steps in the process.
With mortgage rates at all-time lows, now is a good time to consider refinancing. But just because rates are low doesn’t mean you should jump into it unprepared. People who don’t do their homework may come to find that refinancing isn’t for them or that they could have gotten a better deal if they had done more research.