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Below you'll find interest rate updates, local Christmas gift ideas, featured listings, and the story of a local craftsman.
Moving into the winter selling season, Living TN wants to spread good cheer and remove any post-election market uncertainty. As the anticipation of the holiday season rises, so are the interest rates. While rates are slowly inching up now, the primary increases are anticipated in early January, according to the Fed. Now to the average Joe, a few tenths of a percent increase doesn't seem like a big deal, right? Think again.
For every 0.25% increase in interest rates, you lose about 5% of your buying power: if you were approved for a $200,000 home, once that rate increases, you will have to scale back your home search by $10,000. But there is still time! The only question you need to ask yourself is why are you waiting? If you buy now, you can have your home and your interest rate locked in before the new year!
25 Days of Nashville
Looking for the perfect holiday gift? We've got you covered. Living TN's '25 Days of Nashville' is the ultimate local Christmas gift guide.
Selling In The Winter
Afraid to sell in this winter? Think again. Here are four reasons why winter is the perfect season to sell a home.