Kevin Michelson's (kmichelson) Blog

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Services for Real Estate Pros - Liberty Mutual
RECENT BLOG POSTS
Market Comment - Week of June 16th, 2008 Mortgage bond prices fell pushing mortgage interest rates higher. Inflation fears were fanned once again by Fed Chairman Bernanke with warnings that the Fed may have to begin raising rates sooner than most analysts expected. Stronger than expected retail ...
06/16/2008
To say that I'm tired of the media's constant negative coverage of the Real Estate Market is an understatement. As a former journalist, I'm disgusted by the coverage. Case in point is today's numbers from RealyTrac (a firm that makes money by helping people location foreclosures - not exactly an ...
06/13/2008
It has been said that you should always look for the silver lining. That might be hard to do right now for some as we appear to be looking down the barrel of a rec..., wait, let's just say leaner economic growth than previously experienced. This is an election year, 'et's be politically correct.T...
01/22/2008
I had an old neighbor email me today asking about her financing as she gets ready to buy a home. The answers I gave are pretty vanilla, but for her they are probably shocking because she hasn't applied for a loan in 3 years. She inquired about doing an 80/20 to avoid MI - clearly she hasn't been ...
01/11/2008
As we get rolling into 2008, the best sources are indicating that the Nashville market is extremely healthy. According to Moody's Economy.com, Nashville's housing market is "faring better than the markets of other larger metro areas and it maintains a positive outlook."  One of the reasons for th...
01/07/2008
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CMPS Brochure Saga of the US Mortgage Industry The Old System of Mortgage Lending Once upon a time, during the good old days when life wasn’t so complicated, banks lent money to borrowers and never sold these mortgages to unfeeling, multi-billion...
12/22/2007
On December 16, 2007, the Tennessee Association of Mortgage Brokers' president, Brian Short, was quoted in The Tennessean as saying "I can't see how mortgage brokers are responsible for the increase in foreclosures." Yet, one of the largest lenders with sales channels in both direct sales and via...
12/17/2007
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For 12/14/2007...30 Yr Fixed Conforming - 6%15 Yr Fixed Conforming - 5.75%5/1 LIBOR ARM - 6.125%30 Yr Fixed Jumbo - 6.375%30 Yr My Community - 6.875%30 Yr Fixed Interest Only - 6.375% *******************Kevin Michelson, CMPS, MBA is one of the few mortgage originators in the state of Tennessee to...
12/14/2007
With Subprime lending virtually non-existing, expanding FHA will give the mortgage and Real Estate markets a nice shot in the arm. FHA Loan Expansion Heading to a Vote Washington Post (12/14/07) P. D1; Cho, David Senate legislation to revamp the Federal Housing Administration mortgage program has...
12/14/2007
OK, let's be honest about our Middle School experiences. There probably isn't a time in life were being like everyone else is as important as Middle School - just fitting in is an accomplishment. So when the school dance came around, you probably did what just about everyone else did - stand agai...
12/11/2007
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Kevin Michelson

MBA, Nashville Insurance
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