Nashville Tennessee Housing Market Sees Big Growth

The Nashville Tennessee housing market is on the rise. hen compared to the same time last year, most of the numbers are up and are a very positive sign for things to come. More »

Are Student Loans Debt Hurting The Mortgage Market?

Many students graduating from college are strapped with large student loans. Buying a home and setting up a mortgage is one of the most expensive purchases we will make in our life. The amount of student loan debt can affect that drastically. More »

Sunday’s Rates For Mortgages August 10th : Wells Fargo

wells-fargo-mortgage-rates Wells Fargo offers home mortgages. These current rates are based on the following 2 things. 1.) The purchase of a single-family or primary residence and 2.) A 60 day interest rate lock in period. Only 1 rate changed from Friday and it was their 30 year FHA loan. Their rates as of Sunday August 10th, 2014 are the following for each specified loan. More »

Americans Keeping More Money in Their Checking Accounts

The results from a research undertaken by Moebs Services, a bank consulting company, revealed that at the end of 2013, the average balance on a checking account in the United States was $4,436. More »

Sunday’s Rates For Refinance August 10th : Citi Bank

Citi offers home refinances. Their rates as of Sunday August 10th, 2014 are the following for each specified loan. For a 30 year fixed conventional loan the rate is 4.375%. The points are 0.000 and it carries a 4.459% APR. More »

 

Not As Many Americans Behind On Their Mortgage Now

According to a recent survey, the number of Americans behind on their mortgage has dropped to the lowest level in over 6 years. The latest poll shows that the mortgage delinquency rate is now sitting at 3.61%. Also, the survey

The Boom in Mortgage Refinance Has Ended

In a recently issued press release on the mortgage market, Freddie Mac made a statement that the mortgage refinance boom which began in 2008 ended in the second quarter of 2014. According to the company, now the market is dominated

Larger Mortgage Down Payments Made by Home Buyers

The statistical data from 2013 presented in a recent report by Redfin, a brokerage firm operating in 25 metropolitan areas, reveals a steady increase in the mortgage down payments made by home buyers in the United States. The median mortgage

Mortgage Rates Lower Than a Year Ago

The average interest rate on a 30-year fixed mortgage in the United States was 4.12% in the week ending August 15th. It has been falling for two consecutive weeks to reach its lowest level in the past two months. Despite

Monday’s Rates For Mortgages August 18th : Wells Fargo

Wells Fargo offers home mortgages. These current rates are based on the following 2 things. 1.) The purchase of a single-family or primary residence and 2.) A 60 day interest rate lock in period. Only 1 rate changed from Friday

Monday’s Rates For Mortgages August 18th : Suntrust Bank

Suntrust offers home mortgages. Their rates as of Monday August 18th, 2014 are the following for each specified loan. For a 30 year fixed conventional loan the rate is 3.99%. The points are 0.779 and it carries a 4.1596% APR.

Tennessee Construction Company Suing TriSummit Bank For Cyberheist of over $300,000

Tennessee based construction and maintenance company TEC Industrial is suing its bank TriSummit for negligence and breach of contract after hackers stole over $327,000 cash from their bank account. On May 12 2012, hackers stole the large sum of money

U.S. Mortgage Applications Falling Further Down

The results from the Weekly Mortgage Applications Survey of the Mortgage Bankers Association (MBA) for the week ending August 8th reveal a drop in the index for mortgage applications in the United State by 2.7% on a seasonally adjusted basis

Sunday’s Rates For Mortgages August 17th : Suntrust Bank

Suntrust offers home mortgages. Their rates as of Sunday August 17th, 2014 are the following for each specified loan. For a 30 year fixed conventional loan the rate is 3.99%. The points are 0.555 and it carries a 4.1406% APR.

Sunday’s Rates For Mortgages August 17th : Wells Fargo

Wells Fargo offers home mortgages. These current rates are based on the following 2 things. 1.) The purchase of a single-family or primary residence and 2.) A 60 day interest rate lock in period. Only 1 rate changed from Friday