Federal Tax Credit Used as Down Payment
At last week’s NAR Mid-Year Conference in Washington, HUD Secretary Shaun Donovan, said that the Federal Housing Administration (FHA) is going to permit its lenders to allow home buyers to...
continue readingNashville Mortgage Rates Still Under 5%
Freddie Mac reports a slight rise in the 30-year fixed mortgage rate to 4.86 percent during the week ended May 14 from 4.84 percent the previous week. The 15-year fixed...
continue readingNashville Short Sales and Foreclosures
It amazes me how many buyers that do not consider short sales, foreclosures and REO properties when they are looking for a home or condo in Nashville. Part of the...
continue readingMedical Trade Center May Come to Nashville
This article entitled “Dallas company plans huge medical trade center in Nashville” appeared in the Tennessean on May the 18th, 2009. The author is Naomi Snyder: "A subsidiary the real...
continue readingNAR Believes Real Estate Slump Ending
A couple of weeks ago, I referenced a cautiously optimistic outlook on the economy (”Real Estate Slump End in Sight?”) by NAR’s former Chief Economist John Tuccillo. At the end...
continue readingNashville Mortgage Rates Inch Upward
Freddie Mac reports a jump in the 30-year fixed mortgage rate to 4.84 percent during the week ended May 7 from 4.78 percent the previous week, which matched the record...
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