National Financial News and Nashville
A global sell-off and panic in world markets has prompted yet another major drop in stock prices on Wall Street, at the time this post is being written. Over the...
continue readingNashville Mortgage Rates Jump Amid Financial Turmoil
Freddie Mac’s Primary Mortgage Market Survey showed the 30-year fixed-rate mortgage (FRM) averaging 6.09% with an average 0.7% for the week ending September 25, 2008, up from the prior week...
continue readingForbes Ranks Nashville as Top 10 Most Affordable City
Among all of the negative news stories one news item actually was a “win” for Tennessee's largest city:The cost of buying and maintaining a home is pretty reasonable if you...
continue readingNashville Mortgage Rate at 7 Month Low
Freddie Mac reports a decline in the 30-year fixed mortgage rate to 5.78% during the week ended September 18 from 5.93% the prior week, marking the lowest level in seven...
continue readingMortgage Rates Edge Below 6%
For the first time since early spring, mortgage rates have fallen below the 6-percent threshold. Freddie Mac reports that 30-year fixed loans came in at an average of 5.93% last...
continue readingNational Home Sales are Flat
The level of home sales is expected to show little movement in the months ahead, according to the latest projections. The Pending Home Sales Index, a forward-looking indicator based on...
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