New mortgage limit may hurt home sales | The Tennessean | tennessean.com

New mortgage limit may hurt home sales The Tennessean tennessean.com

“Any loan amount over that cap is going to mean a higher cost to borrowers,” real estate appraiser Richard Exton said. “We still have quite an inventory of homes in that $550,000 to $750,000 range, so making it harder to buy those homes is not going to be a good thing.”

Manier and Exton Updates Studies with 2010 Year End Data

Manier and Exton has updated their studies of MLS data for Nashville and Middle Tennessee and includes year end 2010 data. Studies include Annual Price Change, Inventory Levels, Days on Market, as well as Sales Rates and Inventories for High Priced Homes.

Visit www.exton.biz for complete information.

Nashville area home foreclosures continue to rise | Nashville Business Journal

Nashville area home foreclosures continue to rise Nashville Business Journal

Home foreclosure rates in the Nashville area increased in October compared to one year prior, according to data released today by CoreLogic.

According to the data, 1.58 percent of outstanding mortgages were in foreclosure in October, an increase of 0.33 percentage points over October 2009. It marks the fourth consecutive month in which the local foreclosure rate has increased.Read more: Nashville area home foreclosures continue to rise Nashville Business Journal

Who Wants a 30-Year Mortgage? - NYTimes.com

From the the New York Times is a 30 year mortgage a thing of the past? Thats what the Republicans want.

Who Wants a 30-Year Mortgage? - NYTimes.com