Nashville Real Estate

Mortgage Rate Remain Steady

July 25, 2007 by · Leave a Comment 

The 30-year fixed mortgage rate held steady at 6.73% last week, which Freddie Mac chief economist Frank Nothaft attributes to recent economic data failing to have any impact on inflation forecasts. The five-year adjustable Nashville mortgage rate also stayed firm, averaging 6.35%. The 15-year fixed mortgage rate slipped a notch to 6.38% from 6.39%, while [...]

Mortgage Rates Rise After 3 Weeks of Decline

July 15, 2007 by · Leave a Comment 

Freddie Mac reported an increase in the 30-year fixed mortgage rate to 6.73% on Friday from 6.63% a week earlier, with chief economist Frank Nothaft expecting the benchmark to remain at or near this level for the remainder of the year. The 15-year Nashville mortgage rate edged up to 6.39% from 6.3% over the same [...]