Nashville Real Estate Blog

My mortgage expert gave me a quote of 4.25 percent on 30 year fixed FHA, and 3.75 on a 15 year fixed rate mortgage. If you need a current mortgage quote, or would like to calculate your payments, please use my helpful mortgage calculator tools,   What is QE2? “QE2” stands for the second major phase of the Federal ...

Mortgage rates are at the lowest they have been for 5 decades - I know it seems like it's the same as it was last year, but it's not. Here is a report from the Associated press to confirm what I'm saying. The real point is this, houses are cheap. The real cost of owning a house will probably never be this cheap again, ever. So for ...

Mortgage rates are still low - national averages for 30 years fixed is at 4.88 percent according to bankrate.com  Mortgage bond prices rose last week pushing mortgage interest rates lower. We were negative through Thursday as stocks performed generally well until Friday's data was released. Fortunately bond prices surged higher Friday ...

The new mortgage rules At the peak of the real-estate bubble, mortgage professionals joked that you needed only to be able to fog a mirror to get a loan. These days, even borrowers with good incomes and good credit scores can get turned down. Much of the change is driven by the higher standards of the companies that buy mortgage loans, ...

Federal Housing Administration (FHA) Commissioner David Stevens today announced a set of policy changes to strengthen the FHA's capital reserves, while enabling the agency to continue to fulfill its mission to provide access to homeownership for underserved communities. The changes announced today are the latest in a series of changes Stevens ...