Last week, President Obama announced a plan that could save first time home buyers hundreds of dollars a year and help energize the housing market. The new policy would significantly decrease FHA mortgage insurance premiums, which… read more →
If you’re like most people buying a Knoxville home for sale, you’re likely using some sort of financing to buy a house. Depending on what type of financing you qualify for, you’ll likely be required to… read more →
With the help of an FHA 203k loan, you can make major repairs on a West Knoxville foreclosure or do something as simple as replacing carpet and repainting, with as little as 3.5% down. So, what… read more →
For those Farragut buyers planning to use a FHA mortgage to buy a Farragut home, things are changing yet again. So, what exactly are the changes to FHA mortgages that are coming? And, what does it… read more →
For many people buying homes in West Knoxville, FHA Mortgages are a common source of financing. Starting in April, West Knoxville home buyers obtaining FHA loans, will see an increase in mortgage insurance premiums. The Federal… read more →
Starting Monday, December 13, 2010, Fannie Mae is changing its mortgage lending guidelines.
In 2011, for the 6th consecutive year, the government is fixing $417,000 as the country’s conforming mortgage loan limit.
Home affordability took a slight hit this week after the Federal Reserve’s release of its August 10 meeting minutes.
How much does a mortgage cost? The answer depends on where you live. But no matter which your locale, chances are strong that you’ll pay more for a mortgage in 2010 as compared to 2009.