Nashville News
2010 Mortgage Rate Predictions
January 5, 2010 by Grant Hammond · Leave a Comment
Nashville mortgage rates ended 2009 above 5 percent, with Freddie Mac reporting 30-year fixed rates at an average 5.14 percent, still very affordable by historical standards. Although higher long-term borrowing costs late in the year could signal further increases for 2010, new data from Wells Fargo, JPMorgan Chase, and the Mortgage Bankers Association indicates more [...]
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- Mortgage Rates Lower, Stable in Q1 2010
- November Nashville Mortgage Rate Update
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Nashville Ranks High in 2009 Economic Studies
December 28, 2009 by Grant Hammond · Leave a Comment
There is little debate that Nashville and Tennessee consistently rank atop many economic ranking lists and studies. The last 2 months of 2009 provide no exception with Nashville again being named to several prestigious “best in the United States” lists:
December 2009 – MarketWatch
Nashville Ranked as One of the Best Cities for Business
Nashville ranked 15th as [...]
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- The Economic State of Nashville and Middle Tennessee
- PMI Ranks Nashville as Top 10 Most Stable Market
BofA has a super-cool new First Time Buyer Loan Guide
December 22, 2009 by Stephanie Crawford · Leave a Comment
Bank of America has recently instituted on their website one of the best first-time buyer tools I’ve ever seen. Their new interactive Home Loan Guide takes perspective buyers on a tour through the entire loan process from start to finish in an entertaining and informative way. It also allows the online user to fidget with [...]
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- First-Time Buyer Tax Credit Can Now Be Used As Down Payment Shaun Donovan, secretary of the U.S. Department of Housing…
- FHA Outlook 2010. Looser Condo Guidelines, But Higher Costs And Higher Down-Payments May Be Coming. HUD’s Federal Housing Administration (FHA) has temporarily lowered their “pre-sold”…
- Buyers can purchase AND renovate in ONE loan FHA Program Offers Purchase, Renovation Aid “The Federal Housing…
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Home Renovating Doesn’t Pay Off Like It Used To
December 20, 2009 by Stephanie Crawford · Leave a Comment
Thinking of renovating your home? Upgrades are bringing less and less according to the following article by CNNmoney:
By Les Christie, staff writerDecember 19, 2009: 8:57 AM ET
NEW YORK (CNNMoney.com) — Home remodelers are getting less bang for their bucks. For the fourth straight year, renovation jobs have added less to resale values relative to their [...]
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- Nashville, TN Real Estate: Statistics for ‘days on market’ and ‘list price to sales price’ ratios. Thinking of trying to sell your Nashville, TN – Davidson…
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