» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 128 | NO. 137 | Tuesday, July 16, 2013

June Mortgages Up 8 Percent

By Andy Meek

Print | Front Page | Email this story | Email reporter | Comments ()

June was a healthy month for the mortgage market in Shelby County. Last month saw 810 purchase mortgages made, an 8 percent improvement from 750 mortgages in June 2012, according to real estate information company Chandler Reports, www.chandlerreports.com.

June’s mortgage volume totaled almost $149 million, up from a little more than $129 million in June 2012. And the average mortgage amount between the two June periods rose to $183,773 last month from $172,423 in June 2012.

The top lenders in June were Magna Bank with 90 mortgages, Community Mortgage Corp. with 69 mortgages, BancorpSouth Bank with 47 mortgages and Wells Fargo with 40 mortgages.

– Andy Meek

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog Get more from The Daily News
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 57 275 2,662
MORTGAGES 83 393 3,712
FORECLOSURE NOTICES 0 62 844
BUILDING PERMITS 0 530 6,865
BANKRUPTCIES 70 304 2,711
BUSINESS LICENSES 21 104 1,168
UTILITY CONNECTIONS 84 473 3,915
MARRIAGE LICENSES 15 61 684

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.