Mortgage Rates Set Another New Low
Freddie Mac’s Primary Mortgage Market Survey showed the 30-year fixed-rate mortgage (FRM) averaging 5.10% with an average 0.7 point for the week ending December 31, 2008, down from the previous...
continue readingVisual Guide to the Financial Crisis
Thanks to Mint.com for putting together one of the better visual guides to what caused the current economic downtown. It is a very interesting flow chart look into all of...
continue readingFewer Families Relocated in 2008
RISMeadia states: Data from the U.S. Census Bureau indicates that only 12% of Americans changed residences in 2008 and 13% the prior year, down from over 20% mobility per year...
continue readingMortgage Rates Drop to 37 Year Lows
In response to the Federal Reserve’s cut in the federal funds rate to near zero, Freddie Mac reports that the 30-year fixed mortgage rate fell to 5.17% during the week...
continue readingNashville Mortgage Rates Drop to All Time Low
I just wanted to pass along so very obvious advice to those who may be on the fence about a refinance or a new purchase in Nashville. If you have...
continue readingPending Home Sales Holding in Stable Range
According to the NAR: Pending home sales eased against a deteriorating economic backdrop but remain in a stable range, according to the latest national survey. The Pending Home Sales Index...
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