eddieknoell

/Eddie Knoell

About Eddie Knoell

A native Phoenician serving Arizona Homeowners with over 15 years lending experience and currently the Vice President and Partner of Signature Home Loans LLC. Eddie has been a mortgage broker since 2003.
Serving Homeowners Since 2003

Does Buying Downtown Make Sense?

In the late 1990s, downtown Phoenix was pretty much dead. Today, with its state-of-the-art sports facilities, ultra-hip restaurants and bars, completely renovated convention center, and ASU extension campus, the area resembles more of a boom town than a ghost town. Thousands of new apartments and condominiums have been built in the city’s center recently, but [...]

2018-11-13T10:09:24+00:00November 13th, 2018|

Does Moving Up Mean Moving Out?

Last week, the Phoenix Business Journal ran an article about Scottsdale-based luxury home builder Meritage Homes’ intention to shift its focus from the luxury market toward building more entry-level homes. With home prices and interest rates on the rise, prospective homeowners, especially Millennials burdened with enormous student loan debt, want affordable housing, so Meritage’s [...]

2018-10-29T17:17:46+00:00October 29th, 2018|

FHA Loan Ban Lifted for Sun City Home Owners

Good news for seniors living in Sun City who want to use a Reverse Mortgage. FHA has lifted its two-year old ban against doing forward mortgages and reverse mortgage (referred to as Home Equity Conversion Mortgages or 'HECMs') in their West Valley retirement community.  Reverse Mortgage FREE Information Kit "Asset Preservation Fees" Lead to Ban in [...]

2018-11-07T16:45:26+00:00October 23rd, 2018|

Despite Dip in Valley Permits, There are Still Lots of Homes Out There

One of the important metrics for evaluating the health of the housing market is the number of single-family home building permits issued. The higher the number of permits issued, the more growth in the market. Last month, 162 fewer permits were issued in metro Phoenix than in September of 2017. That could be cause for [...]

2018-10-16T12:25:42+00:00October 16th, 2018|

Making Sense Out of Mortgage Rate Reporting

It can be hard to make sense of reports about mortgage rates. Last Wednesday, for example, Mortgage News Daily posted a mortgage rate update on their site with the headline, “Mortgage Rates Surge Well Into New 7-Year Highs.” On the following day, Freddie Mac’s website published an article entitled “Mortgage Rates Largely Hold Steady.” What [...]

2018-10-09T12:26:28+00:00October 9th, 2018|
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