Nashville Mortgage Rates Continue Record Fall
May 7, 2009 by admin · 2 Comments
Freddie Mac reports a drop in the 30-year fixed mortgage rate to an all-time record low of 4.78 percent during the week ended April 30 from 4.80 percent the prior week. While the 15-year fixed mortgage rate held steady at 4.48 percent, the five-year adjustable mortgage rate dipped to 4.8 percent from 4.85 percent. [...]
To Refinance or Not to Refinance, That is the Question
March 9, 2009 by admin · 2 Comments
Low mortgage rates are expected to continue…at least according to the Washington Post and the Mortgage Bankers Association. Although there have been, and will continue to be, variations from week to week, experts predict rates will remain low for a while, but won’t go very much lower. A boost in refinancing demand usually pushes interest [...]
Nashville Mortgage Rates Drop Again
February 25, 2009 by admin · Leave a Comment
Freddie Mac reports a drop in the 30-year fixed mortgage rate to 5.04% during the week ended February 19 from 5.16% the prior week, while the 15-year fixed rate fell to 4.68% from 4.81%. Meanwhile, interest on five-year hybrid adjustable-rate loans dropped to 5.04% from 5.23%; and the one-year ARM slipped to 4.80% from 4.94%. [...]
Mortgage Rates Rise, But Remain Low
February 12, 2009 by admin · Leave a Comment
Despite the Federal Reserve’s campaign to lower Nashville mortgage rates, Freddie Mac reports a jump in the 30-year fixed rate to 5.25% in the week ended February 5 from 5.10% the prior week. Experts say Nashville home-loan interest is on the rise because long-term Treasury bond yields have climbed and because mortgage lenders are upping [...]
Nashville Mortgage Rates Drop Below 5%
January 20, 2009 by admin · Leave a Comment
Freddie Mac reports that the 30-year fixed mortgage rate fell to 4.96% for the week ended Jan. 15 from 5.01% the prior week, marking the 11th straight weekly decline. During the same period, the 15-year fixed mortgage rate edged up to 4.65% from 4.62%; and the five-year adjustable mortgage rate slipped to a three-year low [...]
Mortgage Rates Set Another New Low
January 4, 2009 by admin · Leave a Comment
Freddie Mac’s Primary Mortgage Market Survey showed the 30-year fixed-rate mortgage (FRM) averaging 5.10% with an average 0.7 point for the week ending December 31, 2008, down from the previous week when it averaged 5.14%. Last year at this time, the 30-year FRM averaged 6.07%. The 30-year fixed rate mortgage has not been lower since [...]
Nashville Mortgage Rates Drop to All Time Low
December 19, 2008 by admin · Leave a Comment
I just wanted to pass along so very obvious advice to those who may be on the fence about a refinance or a new purchase in Nashville. If you have a primary residence loan that exceeds 6.0%, call you local lenders and banks to refi that loan in the extremely low 5.0% range. If you [...]
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. 
