Hometown Lenders Adds New Branch In Tennessee

Navi Persaud

Aug 05, 2021

Hometown Lenders is set to add a new branch in Covington, TN, adding to its growing team.

Hometown Lenders is set to add a new branch in Covington, TN, adding to its growing team. The branch will be managed by Deborah Lane.

“With each and every branch we add, HTL's core commitment is reinforced to best serve the local hometowns in which we live and work across the United States. We appreciate the customers that continue to choose Hometown for their mortgage lending needs and look forward to serving them long into the future,” said HTL founder and CEO Billy Taylor.

Based in Huntsville, Alabama, HTL now has approximately 100 branch locations and is doing business in more than 40 states.

When selecting new sites and areas to visit, HTL selectively identifies and reviews established, well-respected mortgage lenders who have earned the trust of families in their respective local communities over time. It utilizes this vetting process to decide which existing lenders would be ideal fits to become new branches of Hometown Lenders.

Link copied

Published

Aug 05, 2021

Analysis and Data

Construction Spending Dips 0.1% In May, 1st Decline In 8 Months

Overall residential construction, however, ticked up 0.2% in May from April, and was 18.7% above the estimate for May 2021.

Construction spending in May slipped 0.1% from a month earlier, the first decline since September 2021. According to data released Friday by the Commerce Department, construction spending was estimated at a seasonally adjusted annual rate of $1.78 trillion, down from the re...

Analysis and Data

Power Shifting To Buyers As Asking Prices Fall

Redfin says a record-high share of home sellers dropped their prices after this month’s historic mortgage-rate hike.

With mortgage rates continuing to rise, home sellers are reducing their asking prices, as they face the mounting pressure of falling home affordability, according to a new report from Redfin. The technology-powered real estate brokerage says the median asking price of newly...