Nashville Real Estate Forum

Weekend Market Update

Sept. 1-2, 2007

Stocks rose as Fed chairman Ben Bernanke made a speech in which he said the Fed would step in as needed to ease the market’s liquidity needs and President Bush made a speech about assisting homeowners who were facing foreclosure. Market watchers believe the Fed is likely to drop its Fed Funds rate by .25% when the Federal Open Market Committee meets later this month.

30-Year Conventional Fixed

6.375% $100,000-$417,000

FHA-VA

6.5% $100,000-$226,100 (VA to $417,000)

Jumbo 30-Year Fixed

8% $417,000-$1,000,000

Flex 100%

6.875% $100,000-$417,000

Tennessee Housing Development Agency*

5.7% Great Rate 6.7% Great Start *Call for loan limits, guidelines

...by Gary Moore

(0% points, 1% origination, 30-day lock. Rate pricing subject to change and program guidelines.)

Office: 615-662-6114 Cell: 615-579-8658 Fax: 866-321-6513

Call for free pre-approval and information

about the best program for you!

Visit my mortgage web site: http://BrentwoodHomeLoan.com