Blog

The Economic State of Nashville and Middle Tennessee
by Grant Hammond|February 20, 2008|Blog
Recently, The Tennessean interviewed Arthur Laffer and ask a few pointed questions about the state of the Nashville economy, here are his answers:Q) Is Middle Tennessee resistant to a recession...
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Mortgage Rates Edge Lower, Applications Up
by Grant Hammond|February 12, 2008|Blog, Mortgage Rates
Freddie Mac reports a slight decline in the 30-year fixed mortgage rate to 5.67% from 5.68% during the week ended Feb. 7. Interest on 15-year fixed loans also dropped, falling...
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Metro Council agrees to Fund Convention Center
by Grant Hammond|February 6, 2008|Blog, Market News
The new Nashville convention center is one step closer to reality as the Metro Council agrees to fund all predevelopment activities required to build the center. Funding for the predevelopment...
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Mortgage Rates Bump Upward
by Grant Hammond|February 4, 2008|Blog, Mortgage Rates
Following four consecutive weeks of sharp declines, Freddie Mac reports an increase in the 30-year fixed mortgage rate to 5.68% during the week ended Jan. 31 from 5.48% the prior...
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30-Year Mortgage Rates Hit 4-Year Low!
by Grant Hammond|January 26, 2008|Blog, Mortgage Rates
Housing industry observers are hopeful that the recent decline in mortgage rates will lead to a recovery in the overall housing market. Freddie Mac reports that interest on 30-year fixed...
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NAR Wants Higher Loan Limits
by Grant Hammond|January 21, 2008|Blog
The National Association of Realtors has called on Congress and the Bush administration to increase the loan limits for Fannie Mae and Freddie Mac from the current ceiling of $417,000...
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