Nashville isn’t just the nation’s new “it” city. Tennessee’s capital is also now the state’s largest city as more and more people have begun to call it home. The latest census figures were released at the end of May, showing Nashville’s recent boom allowed it to outgrow Memphis, replacing it as the country’s 24th largest city. So what are the numbers? The 2016 population for Music City came in at 660,338 versus Memphis’s 652,717—a difference of 7,671 residents. Total population is expected to increase by 40 percent through 2046, according to a recent report by the Wall Street Journal. Nashville isn’t the only Middle Tennessee town seeing an influx of new people. For the second year in a row, Murfreesboro has been ranked one of the nation’s 15 fastest-growing large cities, with a 4.7 percent population increase last year. Don’t expect things to slow down for Music City anytime soon. Tennessee’s business filings increased during the first quarter of 2017, with Davidson County seeing the largest number of new business filings at 2,395. The state’s employment growth also outpaced the rest of the country at 2.2 percent in March, and in the aftermath of the Great Recession, Nashville has shown [...]
Pricing for both conforming and FHA mortgage rates improved between Monday and Friday, with the majority of gains occurring late in the week.
Mortgage markets worsened last week, taking mortgage rates higher. The Federal Open Market Committee meets this week.
Mortgage markets improved slightly last week. With a dearth of new U.S. economic data due for release, investors turned their collective attention to the Europe, China, and the Middle East. U.S. mortgage rates fell slightly in the holiday-shortened week.
Mortgage markets worsened last week for the first time in a month last week.
For the third straight week, mortgage rates improved. This week's jobs report threatens those gains, however.
Mortgage markets improved for the second consecutive week last week as demand for U.S. mortgage-backed bonds remained high.
For the first time in 9 weeks, mortgage rates have made new lows.
Mortgage markets improved last week as the Federal Reserve introduced new economic stimulus.
Mortgage rates rose slightly in last week's holiday-shortened week.