Blog
Why We Could Get Negative Interest Rates Even Though The Fed Is Hiking
At its March meeting, the Federal Reserve raised interest rates by 0.25%. In doing so, it hiked rates for only the third time since 2006. However, in a strange turn of events, the Fed’s move was perceived as a dovish one by the markets. That’s because even with...
Appreciation Driving $4.7T Equity Economy
Continued increases in home prices is driving a the strongest equity market in a decade, according to the latest Mortgage Monitor Report by Black Knight Financial Services. The report, looking at February numbers, found that appreciation nationally has generated $4.7...
Mortgage rates retreat for the second consecutive week
Mortgage rates tumbled for the second week in a row as long-term bond yields fell to their lowest level in a month. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slid to 4.14 percent with an average 0.5 point. (Points...
Seniors Are Worth Trillions in Equity
Seniors are sitting on trillions of dollars in equity, according to the National Reverse Mortgage Lenders Association (NRMLA). The association reported that retirement-aged homeowners saw an increase of 2.8 percent in home equity, or $170.7 billion, in Q4 2016. This...
Case-Shiller reaction: What to make of record high home prices
Zillow, Quicken Loans, First American and others weigh in The latest S&P CoreLogic Case-Shiller Indices showed that home prices hit a 31-month high in January, but will those record prices be a speed bump or a brick wall for home buying moving forward? Opinions...
The real estate industry has something the Internet can’t offer: The human element
Steve Murray sometimes gets together with other old-timers in the real estate industry, shares some wine and inevitably gets around to remarking, “I sure would’ve thought it would’ve changed more by now.” Murray, president of consulting firm Real Trends, has been...
OCC: Charts prove borrowers keep getting better at paying their mortgage
Charts break down servicing at the top seven banks Keeping up with the rest of the year, the Office of the Comptroller of the Currency’s latest quarterly report on mortgages showed that borrowers are continuing to get better at paying their mortgages. The overall...
Will trended credit data result in more mortgage approvals?
How more granular information will change lending behavior With foreclosures at a 10-year low, a good case can be made to take a look at strict lending standards that may be doing more harm than good. For example, during the period immediately following the housing...
Mortgage rates fall back as investors’ concerns mount
Mortgage rates retreated this week after a one-week spike following the Federal Reserve’s decision to raise its benchmark rate. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average fell to 4.23 percent with an average 0.5...
500 N. Walnut St.
Murfreesboro, TN 37130
1905 21st Ave. S, 2nd Floor
Nashville, TN 37212
CALL US TODAY!
615.295.8296 Nashville
MONDAY - FRIDAY
8:00 am - 5:00 pm