Market Trends
Real Estate market trends in Knoxville, TN
Will The Shadow Inventory Help The Real Estate Market In Knoxville?? Will It Increase Short Sales In Knoxville?? The real estate market in Knoxville seem to be improving somewhat?? But there is something out there that could increase Knoxville Loan Modifications as well as the number of Knoxville Short Sales. […]
A mortgage approval is never final until it's funded. A host of things can "go wrong" while your home loan is underway. Some are in your control, many more are not. And just being aware of some potential pitfalls could help save your loan down the road, and your peace of mind today.
So what do I do sell my Knoxville home on a short sale, loan modification….which is best So your a Knoxville home owner..You are having a tough time making the mortgage payments on your Knoxville home.. You are not alone… So what do you do?? You have heard about all […]
Overwhelmingly, home values fell in the 20 markets tracked by the Case-Shiller. Only San Diego showed a modest increase. The other 19 markets averaged a 1.23 percent decline between January and February. However, that's not the story you read in the most papers.
If You Are A Knoxville Homeowner Facing Foreclosure…HAFA May Help You. HAFA was introduced to simplify and streamline the short sale process. HAFA accomplishes this in the following ways: Compliments HAMP by providing viable alternatives for borrowers who are HAMP-eligible Uses standard processes, documents and timeframes Provides financial incentives to […]
What is HAFA? The Home Affordable Foreclosure Alternatives (HAFA) Program is a government-sponsored initiative overseen by the US Treasury Department and administered by Fannie Mae assisting all Home Affordable Modification Program (HAMP)-eligible homeowners in avoiding foreclosure, specifically through Knoxville short sales or Knoxville deeds-in-lieu of foreclosure.1 HAFA was announced on […]
The Federal Reserve adjourns from a scheduled, 2-day meeting today. It's one of 8 scheduled Fed meetings for 2010. Upon adjournment, Fed Chairman Ben Bernanke & Co. will release a formal statement to the market. In it, the Fed is expected to announce "no change" in the Fed Funds Rate. Mortgage rates, however, WILL change.
Existing Home Sales rose in March, as expected. U.S. homebuyers closed on 7 percent more homes as compared to February.
Today, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged, in its target range of 0.000-0.250 percent. Mortgage rates are rising this afternoon.