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Find Your Dream Home in Monteagle, Tennessee

There are so many different kinds of homes out there for families to choose from.  Do you want to live in Monteagle?  Or are you looking for a second home? How many bedrooms and bathrooms do you need?  Do you need a large back yard? RV access? An attached garage? There are so many things to consider when looking for your dream home. How, [...]

How Much Is My Home Worth in Monteagle, Tennessee

How Much is your home worth in Monteagle, Tennessee?  If you are planning on selling your home, that is a question you need answered.  As your Local Monteagle Real Estate Expert, I can help you to learn the answer to that question.  I will personally do the research on your behalf and provide you with a detailed Free Market Analysis.  Please [...]

Adjustable Rate Mortgages - The Basics

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An adjustable rate mortgage (ARM) has an interest rate that fluctuates periodically. This is in contrast to a fixed rate mortgage, which always has the same interest rate.

Every ARM has basic components:

  1. An index
  2. A margin
  3. Adjustment Period
  4. An interest rate cap
  5. An initial interest rate

The Index

An ARM’s interest rate is tied to one of [...]

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