In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important. Even though you may be tempted to put your plans on hold in hopes that rates will fall, waiting will only cost you more. Mortgage rates are forecast to continue rising in the year ahead. If you’re thinking of buying a home, here are a few things to keep in m

As you set out on your homebuying journey, you likely have a plan in place, and you’re working on saving for your purchase. But do you know how much you actually need for your down payment? If you think you have to put 20% down, you may have set your goal based on a common misconception. Freddie Mac says: “The most damaging down payment myth—since it stops the homebuying process before it can start—is the belief that 20% is necessary.” Unless specified by your loan type or le

Don't miss out on the 16th annual Heritage Festival of Union Co located in Maynardville. See below schedule and location for events. Come by the Realty Executives Associates, Tammie Hill booth and register for the multiple give aways that I will have available. I will have items from several local vendors/stores in the area to give away at the festival! FESTIVAL SCHEDULE all venues Wilson Park 9:00-1:00 [Farmers Market-on grass near parking ] 10:00-4:00 [for Music…Go to Music

JUST LISTED-203 Satterfield Rd, Luttrell Home on 34+ acres available near the Knox/Union Co line! This comfy, cozy log home built in 2008 features 2 bedrooms plus loft, exposed beams, woodburning stone fireplace and so much more. The property offers a great garden spot beside the house, apprx 14 acres of fenced pasture land (gates do not convey), apprx 5 acres wooded with the remaining bottoms for hayfields bordering Bull Run Creek. There is also another small creek and pond

Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison. Generally speaking, when rates are low, you can afford more home for your money. That’s why experts across the industry agree – today’s low rates present buyers with an incredible opportunity. Here’s what they have to say: Sam Khater, Chief Economist at Freddie Mac, points out the historic natu

Some Highlights If you’re thinking of buying a home but wondering if waiting a few years will save you in the long run, think again. The longer the wait, the more you’ll pay, especially when mortgage rates and home prices rise. Even the slightest change in the mortgage rate can have a big impact on your buying power no matter your price point. Don’t assume waiting will save you money. Connect Tammie 865-256-3805, to set the ball into motion today while mortgage rates are hove

Over the past year, many homeowners realized what they need in a home is changing, especially with the rise in remote work. If you’re longing for a dedicated home office or a change in scenery, now may be the time to find the home that addresses your evolving needs. Working from Home Isn’t a Passing Fad Before the pandemic, only 21% of individuals worked from home. However, if you’ve recently discovered remote work is your new normal, you’re not alone. A survey of hiring mana