Nicholas Membrillo, Senior Mortgage Lender at Peoples Home Equity in TN

<p>Nicholas Membrillo, Senior Mortgage Lender at Peoples Home Equity (aka Cardinal Financial), talks with Chris and Scott about real estate and mortgage financing in the greater Nashville market.</p> <p>He touches on historic low interest rates and whether it’s more advantageous to finance for 30 years or a shorter term.</p> <p>Due to tightened financial practices, Nicholas doesn’t foresee a housing crisis as in 2008.</p> <p>Less supply and remodeling are leading to increased values in home prices. Nicholas feels that real estate can be a good long-term investment.</p>