JTS & Company, a Mississippi- and Alabama-licensed mortgage company, has announced the celebration of its 20th year in business

JTS & Company, a Mississippi- and Alabama-licensed mortgage company, has announced the celebration of its 20th year in business. JTS & Co. began operations in 1996 when Jeff Farnham, the company’s founder and president, opened a small office in Columbus, Miss. JTS & Co., offers mortgage loan products for consumers purchasing or refinancing a home, and with its staff of eight employees, conducts business in both Mississippi and Alabama.

“One thing that sets us apart is that our mortgage team works every day to make a difference in our clients lives,” said Farnham.

To kick off its anniversary celebration, JTS & Co. will be announcing homebuyer workshops beginning this fall. 

The 2017 Great River MBA Conference will be held May 9-11, 2017 at The Peabody, 149 Union Avenue in Memphis, Tenn. 

The Great River MBA Conference is the place to be in the mortgage industry! 

With the addition of a fourth host state, Missouri, this Conference [formerly known as Tri-State MBA Conference] continues to grow in size and status. In 2016, the Great River MBA Conference sold out weeks prior to the event. Don't be left off the attendee list in 2017!

We offer attendees and sponsors an intense 3-days of inspiring and motivational instruction, with opportunity to network with top experts in the mortgage industry. Come learn how to be industry leaders and gain valuable knowledge today to drive success tomorrow. 

If you want to know what is happening in the Southeast, The Great River MBA Conference is the place to be! 

Click here for more information, call (901) 321.6702, e-mail info@greatrivermba.com or visit greatrivermba.com.

The Mississippi Realtors Convention and EXPO will be held Tuesday-Thursday, Oct. 4-6 at the Natchez Convention Center in Natchez, Miss.

Click here for more information, call (800) 747-1103 or visit msrealtors.org.

Mississippi Welcome Sign Pic

While the Mississippi housing market rarely gets spotlight treatment, it caught the eye of GOBankingRates, an online resource tracking interest rates on financial services products, which named the state as the best place to get a mortgage during the first quarter of this year.

This new ranking was based on the local rates offered on 15- and 30-year fixed-rate mortgages (FRMs) in the first quarter, compared with the average home listing price in the state. Iowa came in second in the listing, followed by Ohio, Missouri, Kansas, Indiana, West Virginia, Arkansas, South Dakota and New Mexico.

The inclusion of New Mexico on the top 10 list was something of an anomaly, according to Elyssa Kirkham, editor at GOBankingRates.

“New Mexico boasts the best average 15-year FRM rate of any state: 3.024 percent,” she observed. “This rate is low enough to get the Western state in the top 10 best states to get a home loan, despite the state having an average 30-year mortgage rate that is among the 15 worst in the nation.”

On the flip side, Hawaii topped the list as the worst state for getting a mortgage.

“Hawaii actually has a decent average 15-year mortgage rate at 3.031 percent APR, but this isn't enough to outweigh the state's listing prices, which are the highest in the nation at an average of $1,019,316, according to Trulia,” said Kirkham. “Hawaii's 30-year mortgage rate average doesn't help matters much; the middling average rate of 3.768 percent would result in a staggering $4,731 monthly mortgage payment for the average home listing price.”

California followed Hawaii on the worst states list, followed by New York, Connecticut, Colorado, Utah, Massachusetts, Rhode Island, Florida and Texas.