Mortgage Rates Rise Again, But Remain Below Yearly Lows

Mortgage Rates Rise Again, But Remain Below Yearly Lows Freddie Mac | April 19, 2019 For the third week in a row, mortgage rates inched upward, but economists were quick to reassure home buyers and potential refinancers that rates remain still remain well below year-ago averages. “After dropping dramatically in late March, mortgage rates have modestly increased since then,” says Sam Khater, Freddie Mac’s chief economist. “While this week marks the third consecutive week of rises, purchase

Mortgage Rates Rise This Week, But Don’t Worry

Mortgage Rates Rise This Week, But Don’t Worry Freddie Mac | REALTOR® Mag News | April 12, 2019 Mortgage rates have hovered at multi-month lows in recent weeks, but this week, rates inched up across the board. However, economists say they expect overall borrowing costs to remain low, despite the slight uptick. “Rates moved up slightly this week while mortgage applications decreased following last week’s jump in rates—indicating borrower sensitivity to changing mortgage rates,” says Sam Khater,

Hot Pepper Sauce

Versatile Hot Pepper Sauce Recipe | Tennessee Foodie 10 large jalapeno peppers, sliced ½ cup white onion, finely chopped 4 garlic cloves, minced 1 tablespoon olive oil 1 ½ teaspoons salt 2 cups water ¾ cup white distilled vinegar This hot sauce recipe is versatile and can be used as a condiment, basting or marinade.  It is terrific for basting chicken and pork or a marinade for grilled wings.  I use jalapenos but for the adventuresome experiment with your favorite hot peppers. In a medium

Greater Nashville Spring Kicked off with Rising Inventory and Home Sale Prices

Spring Kicked off with Rising Inventory and Home Sale Prices Press Release by the Greater Nashville REALTORS® | April 8, 2019 NASHVILLE, Tenn. (Apr. 8, 2019) – There were 3,237 home closings reported for the month of March, according to figures provided by Greater Nashville REALTORS®. This figure is down 6 percent from the 3,446.  Data for the first quarter of 2019 showed 8,047 closings, down 2 percent from the 8,210 closings during the first quarter of 2018. “Inventory and median home sale

Mortgage Rates Hold Steady After Last Week’s Big Drop

Mortgage Rates Hold Steady After Last Week’s Big Drop Freddie Mac | April 5, 2019 After posting their biggest drop in a decade last week, mortgage rates remain at multi-month lows—and borrowers are rushing to take advantage. The 30-year fixed-rate mortgage averaged 4.08 percent this week, Freddie Mac reports in its weekly mortgage market survey. Mortgage applications surged 18.6 percent last week as borrowers locked in lower financing costs, the Mortgage Bankers Association reports. “Purchase

Nationally: Listing Prices Just Hit a New High, and They’re Still Heading Up

Nationally: Listing Prices Just Hit a New High, and They’re Still Heading Up realtor.com | April 5, 2019 The U.S. median home list price surged in March to $300,000 for the first time ever, according to realtor.com®’s monthly housing trends report. That also marks a price increase of 7 percent year over year. “The typical U.S. home list price has set a new high right on the cusp of the spring homebuying season, and despite a slowing growth rate, home prices will likely continue to set new

2019 Home Buyers and Sellers Generational Trends Report

2019 Home Buyers and Sellers Generational Trends Report National Association of REALTORS®; Research Group | April 2019 Did you recently buy or sell a home?  If so, you most likely will recognize and relate to several of the data points and categories reported by this year’s annual Home Buyers and Sellers Generational Trends Report.  The in-depth report is produced by the Research Group division of the National Association of REALTORS®.   This is truly an interesting read for anyone

Mortgage Rates Post Biggest Drop in a Decade

Mortgage Rates Post Biggest Drop in a Decade Freddie Mac | March 29, 2019 The 30-year fixed-rate mortgage plunged 22 basis points this week, the largest one-week drop in 10 years, Freddie Mac reports in its weekly mortgage survey. “The Federal Reserve’s concern about the prospects for slowing economic growth caused investor jitters to drive down mortgage rates by the largest amount in over ten years,” says Sam Khater, Freddie Mac’s chief economist. “Despite negative outlooks by some, the