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FHA Condominium Recertification May Hurt Condo Sales
December 3, 2010|Condos and Urban Living
FHA condominium recertification requirements reduced the number of Nashville condo buildings eligible for FHA financing, limiting buyer access and slowing transaction volume.
5th & Main Condos in Nashville Lose FHA Certification, Again
March 30, 2010|Condos and Urban Living
5th and Main Condos in East Nashville lost FHA certification again, limiting buyer financing options and slowing sales momentum at the troubled...
Freddie Mac CFO Dead; Suicide Suspected
April 22, 2009|Mortgage Rates and Financing
The death of Freddie Mac's CFO in 2009 added uncertainty to the mortgage-backed securities market during an already volatile period for Nashville...
Fannie Mae Makes it Harder for Condo Buyers
March 24, 2009|Mortgage Rates and Financing
Fannie Mae tightened condominium lending requirements, affecting Nashville condo buyers by raising owner-occupancy thresholds and reserve fund standards for FHA-approved buildings.
Nashville Mortgage Rates Rise Slightly
April 21, 2008|Mortgage Rates and Financing
Mortgage rates hovered near 5.88% as credit markets tightened and lenders adjusted underwriting standards during the late-2000s housing transition.
Private Mortgage Insurance Explained
September 23, 2005|Mortgage Rates and Financing
Private mortgage insurance (PMI) applies when Nashville home buyers put less than 20% down. Learn how PMI works, what it costs, and...