Mortgage Rates Rise – HASP Program Fixed?
June 2, 2009 by admin · 1 Comment
Freddie Mac reports that interest on most long-term mortgages rose this past week. According to the firm, 30-year fixed loans came in last week at an average rate of 4.91 percent, up from 4.82 percent a week earlier; while 15-year fixed mortgages settled at 4.53 percent compared to 4.50 percent over the same period. [...]
Real Estate Slump End in Sight?
May 1, 2009 by admin · 7 Comments
It’s the 10 trillion dollar question and there are quite a few opinions: Over this past weekend, former NAR Chief Economist John Tuccillo posted a weblog entry (“Is the End in Sight?”) with a good analysis of several factors in the current economy and housing market. He seems generally hopeful. Here is one of his [...]
Nashville Mortgage Rates Lower with Fed Action
April 30, 2009 by admin · 1 Comment
Freddie Mac reports a decline in the 30-year fixed mortgage rate to 4.80 percent during the week ended April 23 from 4.82 percent the prior week, while average interest on 15-year fixed loans held steady at 4.48 percent. Experts attribute the drop in the 30-year rate to the Federal Reserve’s plan to purchase upwards of [...]
For a decade, Grant Hammond has been a leader in the greater Nashville real estate marketplace. In the first half of 2011, he is again the top producing Realty Executives broker in Middle TN.
