Jason Davis - Knoxville Mortgage Lender

WITH INTEREST RATES CLIMBING, NOW IS THE TIME TO ACT

Last week, the average 30-year fixed mortgage rate from Freddie Mac jumped from 3.22% to 3.45%. That’s the highest point it’s been in almost two years. If you’re thinking about buying a home, this news may have come as a bit of a shock. But th...

WHY INFLATION SHOULDN"T STOP YOU FROM BUYING A HOUSE

If you’re following along with the news today, you’re probably hearing a lot about record-breaking home prices, rising consumer costs, supply chain constraints, and more. And if you’re thinking about purchasing a home this year, all of these i...

Hello Knoxville!
If you are looking for a way to pay off your Christmas bills then you should consider a Cash-Out Refinance. Use the Equity in your home to get rid of unwanted bills. Give me a call and let's discuss your options.

How Rising Equity Impacts You


If you’re already a homeowner, equity not only builds your wealth, it also opens doors for you to achieve your goals. It works like this: when you sell your house, the equity you built up comes back to you in the sale. You can use those proceeds to fuel your next m...

Home Buying Myths

The most damaging down payment myth - since it stops the homebuying process before it can start - is the belief that 20% is necessary.

You DO NOT need 20% down payment to purchase a home - Give me a call and let's discuss your options.

According to a Goldman Sachs market forecast, home prices will continue to rise into . Inventory is steadily rising but it's still below pre-pandemic levels, and builders have not been able to keep up due to material and labor shortages.

If you're looking to buy, sale, or refinance now is th...

For the week ending September 30, 30-year rates rose to 3.01% from 2.88% the week before.



In addition, 15-year loans increased to 2.28% and the average for five-year ARMs rose to 2.48%. A year ago, 30-year fixed rates averaged 2.88%, approximately .125% lower than today. Attributed to Sam Kha...

#5. Change loan types:
Many people choose an FHA loan for the low down payment, or because their credit is less than completely optimal. An FHA loan is a godsend in helping people buy a home that might not otherwise be able to do so. But, it comes with one really really really rough downside, wh...

#4 Shortening the term of your loan

Have you ever looked at an amortization chart and compared the difference in building equity between a 30 year mortgage and a 15 year mortgage? Yep, it is pretty crazy!

An example of a scenario in which shortening a term made sense: They had $200,000 owed o...