Federal Tax Credit Used as Down Payment
At last week’s NAR Mid-Year Conference in Washington, HUD Secretary Shaun Donovan, said that the Federal Housing Administration (FHA) is going to permit its lenders to allow home buyers to...
continue readingNashville Mortgage Rates Still Under 5%
||Adjustable Rate Mortgages, ARM, Fixed Rate Mortgages, Freddie Mac, Home Buyers, Nashville Mortgage Rates
Freddie Mac reports a slight rise in the 30-year fixed mortgage rate to 4.86 percent during the week ended May 14 from 4.84 percent the previous week. The 15-year fixed...
continue readingAnother Tax Credit for First Time Home Buyers
Earlier this year, Congress passed the American Recovery and Reinvestment Tax Act of 2009 (”2009 Tax Act”). In division B, Title I, Section 1006, there is a provision for a...
continue readingNashville Mortgage Rates Hit Record Low
||Adjustable Rate Mortgages, Fixed Rate Mortgages, Freddie Mac, Home Buyers, Home Sales, Home Values
With the Federal Reserve planning to purchase another $750 billion in mortgage-backed securities and up to $300 million in Treasuries, Freddie Mac reports a drop in long-term mortgage rates. The...
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 readingDevelopers of The Braxton Are Sued
This article was published in The Nashville Post on February 20th. It is entitled, "Waterfront condo buyers want earnest money back":Nine pre-sale buyers of condos in the Harpeth Shoals (The...
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