Why Mortgage Rates Can Rise Even When the Fed Cuts Interest Rates
Wondering why mortgage rates have crept up despite the Fed lowering the federal funds rate? We will get into it here, and point you toward some terrific local Nashville mortgage providers when you are ready to seek pre-approval.
Our Recommended Mortgage Brokers in Nashville
These days, it’s a necessity that you consult with a mortgage broker in earnest before beginning your home search. It’s the smart thing to do. An offer that isn’t accompanied by a pre-approval letter is rarely considered. The experience...Down Payment Assistance Programs for Nashville Home Buyers
Looking for info about Down Payment Assistance in Nashville? James & Steph with the Nesting In Nashville Team and The Housing Fund have you covered.
Why Does The Appraisal Process Take So Long?
Right now we are working on a transaction where the appraisal was ordered two weeks ago, but it still hasn’t happened. What gives? It generally takes 30-45 days to move loan financing from contract to close. Part of the reason it takes so long is that the...New Spot Approval Rules for FHA Mortgages and Nashville Condominiums Starting This Week
When you are a seller or a listing agent for a property, there are pros and cons to receiving an offer that includes FHA financing. Since the Great Recession, most listing agents have been displeased to see FHA offers. There are many reasons for this. One is that FHA...