Industry Updates

2011: Home purchase mortgage applications expected to become a bigger part of the mortgage market in 2011 as home prices & rates rise. Mtg rates expected to rise  in 2011 hovering around 5%. Jumbo loans (loans over $417,000) are expected to pick up pace in the next few months. Expect all-cash purchases to continue to represent a big part of the real estate landscape in 2011. (901) 482-0354 www.MoneyShoppe.NET

Jo Garner, Mortgage Loan Officer
Evolve Bank & Trust
8000 Centerview Parkway Ste 500
Memphis, TN  38018
(901) 482-0354 Best for reaching Jo
(901) 260-9989 office

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