Mortgage Rates Absolutely Plunge
In what was the largest 1 day drop in more than seven years, the average mortgage rate for a 30-year fixed mortgage fell to about 5.50% last night after starting...
continue readingFannie Mae and Freddic Mac Suspend Foreclosures
Well, here's some semi-encouraging news for those who are close to eviction: "The two mortgage giants (Fannie Mae and Freddic Mac) have issued a notice to its loan servicing...
continue readingMortgage Rates Continue to Soften
Freddie Mac reports a drop in the 30-year fixed mortgage rate to 6.04% during the week ended Nov. 20 from 6.14% the prior week. During the same period, interest on...
continue readingWilliamson County Homes Inventory
In a recent article, the Tennessean reported the following market absorption rates for homes in Williamson County: "In Williamson County, the $1 million-and-up price range had enough inventory to last...
continue readingThe Encore Discounts Condos, Deeply
I suppose I knew it was inevitable, but somehow it still hurts. Developer Tony Giarratana has announced deep discounts on their remaining condos in the Encore. From Chas Sisk and...
continue readingCommercial Real Estate and Relief
The "NAR released a statement this week regarding the Commercial Leading Indicator, a tool that assesses market behavior in thirteen major commercial real estate sectors. Lawrence Yun, NAR Chief Economist,...
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