Mortgage Rates Edge Up, Remain Very Low
Freddie Mac reports an increase in the 30-year fixed mortgage rate to 5.07% during the week ended February 26 from 5.04% the prior week. The five-year adjustable-mortgage rate rose to...
continue readingFannie Mae Releases New Short Sale Guidelines
Fannie Mae just released new guidelines - effective March 1, 2009 - affecting short sales. These changes are very much welcomed by any Realtor who has been pressured to reduce...
continue readingYou Can’t Blame Bush for the Economy
I normally write a very straight forward, non-opinionated blog, but today I digress. I simply cannot take hearing one more person blaming the Bush administration for today's current economic recession....
continue readingNashville Mortgage Rates Drop Again
Freddie Mac reports a drop in the 30-year fixed mortgage rate to 5.04% during the week ended February 19 from 5.16% the prior week, while the 15-year fixed rate fell...
continue readingFirst Time Home Buyers Tax Credit Explained
First Time Home Buyers - $8,000 first-time home buyers (or if you have not owned a home in 3 years) tax credit for qualified home purchases in 2009. This tax...
continue readingThe Healthiest Housing Markets for 2009
From a recent article on Builder.com: 11. Nashville, Tennessee 2008 total building permits: 8,142 Nashville, the 20th largest home building market in the US, operated under the radar of the...
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