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Despite the global pandemic and the hit that the economy has taken over the last few months, mortgage applications in early October took an unexpected rise according to the Market Composite Index following the first week in October. After months of a declining market, a small spike in these applications drew attention to what exactly was on the rise. The changes for this spike in mortgage loans may even be related to the COVID-19 pandemic and the effect it is having on citizens everywhere. Refinancing Mortgage Loans Of these increased mortgage …

Memphis is a city full of history. Its beloved residents and visitors probably understand better than most. However, with changing times, Memphis has begun to take steps in order to preserve and revamp some of the city's most historical landmarks. Though some people may be hesitant of change, the details behind the renovation plans seem both exciting and smart. History is everywhere, even in the architecture, see how Memphis is finding ways to bring it back to life. The History Behind the Tri State Ironworks Memphis' residents and visitors may …

The historic low interest rates have spurred an increase in new home mortgage applications. According to the June 2020 Builder Application Survey from Mortgage Application Investors, the mortgage applications for new home purchases in the United States increased 54.1 percent compared from a year ago. This was even a 20 percent increase over May 2020, not including an adjustment for any typical seasonal patterns. This data shows that the global pandemic affected home buying by delaying the usual "spring market" until the summer months. What does…

Thinking of investing in real estate? Live in or love to visit the Memphis area? Now is the time to make a move, acquire a vacation home or purchase a property in the city as an investment. Memphis, Tennessee is a great place to live, work, or play. Property values there will likely continue to rise, but not at the unsustainable rate of some cities, where local residents become priced out of their hometowns due to lagging incomes, causing property values to unexpectedly decrease. Memphis offers many positive points that will serve to keep deman…

The developments, business growth, and the look of Memphis, Tennessee is changing, growing, and impressing Memphis and out-of-state investors, as well. The city is thriving, and, by the look of it, entrepreneurs and innovators see improving the city as a tremendous investment. 1750 Madison Avenue The Downtown Memphis Commissioner's Center City Revenue Finance Corporation Board (CCRFC) recently approved a $3.8 million payment-in-lieu-of-taxes incentive and developer Amin Zaki has submitted plans for the six-story office building that will be con…