Interest Rates on New Nashville Mortgages Jump
June 3, 2008 by admin · Leave a Comment
Freddie Mac reports a jump in the 30-year fixed mortgage rate to 6.08% during the week ended May 29 from 5.98% the prior week, marking a two-month high triggered by investor concern over inflation. The 15-year mortgage rate climbed to 5.66% from 5.55% over the same period, while the five-year adjustable rate rose slightly to [...]
Nashville Mortgage Rates Fall
May 28, 2008 by admin · Leave a Comment
After four weeks in an upward trajectory, Freddie Mac reports that long-term mortgage rates are falling again. The average interest on a 30-year fixed loan settled at 5.98% this past week, down 0.03% from the prior week. Rates on 15-year fixed mortgages, meanwhile, slipped 0.5% for the week to an average of 5.55%. Borrowing costs [...]
Tennessee Mortgage Rates Drop Again
May 20, 2008 by admin · Leave a Comment
Freddie Mac reports a drop in the 30-year fixed mortgage rate for the week ended May 15 to 6.01% from 6.05% a week ago. The 15-year fixed mortgage rate remained unchanged at 5.60%. Meanwhile, the five-year adjustable mortgage rate slipped to 5.57%, and the one-year ARM dipped to 5.18%; the previous week, they averaged 5.67% [...]
Nashville Mortgage Rates Ease…Slightly
May 14, 2008 by admin · Leave a Comment
The 30-year fixed rate mortgages in Nashville slipped to 6.05% from 6.06% a week ago, while the 15-year fixed rate mortgages bumped up to 5.60% from 5.59%. Over the same period, the five-year adjustable mortgage rate fell to 5.67% from 5.73%; and the one-year ARM held steady at 5.29%. Nothaft cites a report from the [...]
Catch Your Breath, Mortgage Rates Change Little
May 5, 2008 by admin · Leave a Comment
Long-term mortgage rates saw very little change over the past week, according to Freddie Mac. The company said that interest on 30-year fixed loans came in at 6.06% compared to 6.03% for the previous week. Other rates registered a little downward movement, but not much, with the 15-year fixed mortgage averaging 5.59% compared to 5.62% [...]
Fixed Mortgage Rates Rise Slightly
April 7, 2008 by admin · Leave a Comment
National average mortgage borrowing costs were up slightly for the week, reports Freddie Mac. According to the company’s figures, interest on 30-year fixed loans bumped up to 5.88% from 5.85% a week ago; while 15-year fixed loans rose to 5.42% from 5.34%. However, adjustable-rate products moved in the opposite direction with the one-year ARM dipping [...]
30-Year Mortgage Rates On The Decline
March 12, 2008 by admin · Leave a Comment
Freddie Mac says the 30-year fixed mortgage rate fell to 6.03% during the week ended March 6 from 6.24% the prior week. Interest on 15-year, fixed-rate mortgages also declined, falling to 5.47% from 5.72% over the same period. The five-year adjustable mortgage rate dipped to 5.34% from 5.43%, while the one-year ARM dropped to 4.94% [...]
Nashville Mortgage Rates on the Rise
March 1, 2008 by admin · 1 Comment
Freddie Mac reports a jump in the 30-year fixed mortgage rate to a three-month high of 6.24% during the week ended Feb. 28 from 6.04% last week, marking the third consecutive weekly increase. Interest on 15-year fixed-rate mortgages climbed to 5.72% from 5.64% over the same period. Meanwhile, the five-year adjustable mortgage rate edged up [...]
Mortgage Rates Bump Upward
February 4, 2008 by admin · Leave a Comment
Following four consecutive weeks of sharp declines, Freddie Mac reports an increase in the 30-year fixed mortgage rate to 5.68% during the week ended Jan. 31 from 5.48% the prior week. The 15-year fixed mortgage rate rose to 5.17% from 4.95% over the same time span. Meanwhile, the five-year adjustable mortgage rate edged up to [...]
30-Year Rates are Lowest Since 2005!
January 21, 2008 by admin · Leave a Comment
It appears that Christmas has come a month late! Long-term mortgage rates remain in a downward pattern, registering the third week in a row of declining interest. According to Freddie Mac’s numbers, average interest on 30-year fixed loans settled the week at 5.69% – the lowest level since July 2005. Rates for 15-year fixed mortgages [...]
Nashville Mortgage Rates Drop!
October 30, 2007 by admin · Leave a Comment
During the week ended Oct. 25, the 30-year fixed mortgage rate fell to 6.33% from 6.40% the prior week, according to Freddie Mac. Interest on 15-year fixed loans dropped to 5.99% from 6.08% over the same period. Meanwhile, interest on one-year adjustable-rate mortgages slipped to 5.66% from 5.76%; and the five-year hybrid ARM registered a [...]
Mortgage Rates Remain Flat
October 23, 2007 by admin · Leave a Comment
Freddie Mac says Nashville mortgage rates barely budged last week due to conflicting economic reports, with robust retail sales in September offset by a disappointing outcome in consumer confidence this month. The 30-year fixed mortgage rate held steady at 6.31%, while interest on 15-year fixed loans rose to 6.08% from 6.06%. The 1 year adjustable [...]
Grant Hammond, Broker, ABR, SFR, ePRO is a multiple award winning real estate broker and owner of Metropolitan Brokers, LLC in Nashville, TN. With career sales exceeding $285 million, Hammond places in the top 5% of real estate brokers nationally. Hammond is well known for exemplary personal service, consummate professionalism and a resolute commitment to his clients in the pursuit of fulfilling their real estate goals. Having represented more than 100 individual clients in just the past 3 years, he has the expertise, market knowledge and skill to understand the full scope of his clients' requirements - business and personal – to design a successful plan with every aspect in mind. 
