The Federal Reserve release the latest Beige Book on Wednesday. Nashville is located in the Sixth District, Headquarted in Atlanta. The sixth district is reporting that overall economic activity is up modestly from mid-February to March. Retailers cited that consumer spending improved while auto dealers reported strong sales growth. Tourism activity remained positive as occupancy rates [...] Read more »
Down Payments Prevent Foreclosures
The Federal Reserve Bank of Cleveland is reporting that our recent mortgage markets make an excellent case study for why down payments prevent foreclosures. Not too long ago, homebuyers had to put 20% down, have proof of income, and good credit before they qualified for a mortgage. These standards were changed in the 1990s, when [...] Read more »


















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