Mortgage Rates Lower, Stable in Q1 2010

January 11, 2010 by admin · View Comments 

The average interest on long-term mortgage rates fell this past week, after rising for four consecutive weeks. Freddie Mac reports that 30-year fixed mortgage rates averaged 5.09 percent, down from 5.14 percent a week ago and compared with 5.01 percent in 2009. Also, 15-year, fixed loans fell 0.4 percent to 4.5 percent; five-year adjustable-rate mortgages were unchanged; [...]

Nashville Mortgage Rates Begin to Rise

December 24, 2009 by admin · View Comments 

Nashville long-term mortgages moved closer to 5 percent this week, with interest on 30-year, fixed loans averaging 4.94 percent compared to 4.81 percent last week and 5.19 percent a year ago. Freddie Mac also reports hikes for 15-year, fixed mortgages, five-year adjustable-rate mortgages, and one-year adjustable rate mortgages. The 15-year, fixed rate rose to 4.38 [...]

Mortgage Rates Set Another Record Low

December 7, 2009 by admin · View Comments 

Mortgage interest has fallen to the lowest level since Freddie Mac began compiling its weekly survey in 1971, as the average 30-year fixed rate declined to 4.71 percent last week from 4.78 percent a week earlier.
Mortgage rates were also more attractive for 15-year fixed loans, which fell from 4.29 percent to 4.27 percent, but consumers [...]

Fixed Mortgage Rates Fall to Record Lows

December 1, 2009 by admin · View Comments 

Freddie Mac released the results of its Primary Mortgage Market Survey last week in which the 30-year fixed-rate mortgage (FRM) averaged 4.78 percent with an average 0.7 points for the week ending November 25, 2009, down from the prior week when it averaged 4.83 percent. Last year at this time, the 30-year fixed rate mortgage averaged 5.97 [...]

30 Year Home Mortgage Rates Update

November 23, 2009 by admin · View Comments 

Rates for 30-year home mortgages approached the all-time low of 4.78 percent again last week, falling to 4.83 percent from an average of 4.91 percent a week ago. The 15-year rate did reach a new bottom, dipping from 4.40 percent to 4.32 percent – the lowest level since Freddie Mac began tracking rates in 1991. [...]

Mortgage Rates in Nashville Low, Unchanged

November 10, 2009 by admin · View Comments 

While Freddie Mac’s weekly report on mortgage rates showed the 30-year rate dipping slightly below 5 percent, these rates did not budge in Bankrate.com’s weekly survey of large lenders.
The benchmark 30-year, fixed-rate mortgage remained unchanged at 5.35 percent, according to Bankrate.com’s weekly national survey. The benchmark 15-year, fixed-rate mortgage dipped 2 basis points, to 4.72 [...]

Mortgage Rates in Nashville Bumped Up

October 21, 2009 by admin · View Comments 

Fewer consumers sought home loans last week as the national average interest on 30-year fixed mortgages bumped up to 5.02 percent from 4.89 percent the week before, the Mortgage Bankers Association reported. At the same time, the average rate for a 15-year fixed loan rose from a record low of 4.32 percent back up to [...]

Long Term Nashville Mortgage Rates Close to Records

October 12, 2009 by admin · View Comments 

30 fixed mortgages moved closer to the all-time low of 4.82 percent reached in May 2009, falling to 4.87 percent last week from 4.94 percent a week earlier, according to Freddie Mac. Homeowners who refinance have an opportunity to reduce their payment on a $200,000, 30-year, fixed loan by nearly $134 a month from a year ago, [...]

Nashville Mortgage Rates Approach Record Lows

October 6, 2009 by admin · View Comments 

Nashville mortgage rates approach record lows! Freddie Mac reports that the average interest on a 30-year fixed mortgage fell to 4.94 percent during the week ending October 1st, the first time since May that the firm’s survey has slipped below 5 percent. The rate on 15-year fixed loans, meanwhile, dropped to an all-time low of [...]

Mortgage Rates Eased Last Week in Tennessee

July 16, 2009 by admin · View Comments 

Interest rates on 30-year fixed mortgages, 15-year fixed loans, five-year adjustable-rate mortgages, and one-year ARMs all fell this past week, according to Freddie Mac. The average on 30-year financing slipped to 5.2 percent from 5.32 percent a week ago. The 15-year mortgage declined to 4.69 percent, down from 4.77 percent; five-year ARMs were down to [...]

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