Nashville Mortgage Rates Stay Virtually the Same

May 25, 2007 by admin · Leave a Comment 

Freddie Mac’s Primary Mortgage Market Survey showed the 30-year fixed-rate mortgage (FRM) averaging 6.15% with an average 0.5 point for the week ending May 10, 2007, down only slightly from the prior week when it averaged 6.16% in Brentwood, Tennessee. Last year at this time, the 30-year FRM averaged 6.58%.The 15-year FRM on Friday averaged [...]

Rates Are "Flat"

January 9, 2007 by admin · Leave a Comment 

Freddie Mac’s Primary Mortgage Market Survey showed the 30-year fixed-rate mortgage (FRM) averaging 6.18% with an average 0.4 point for the week ending January 4, 2007, unchanged from last week when it averaged 6.18%. Last year at this time, the 30-year FRM averaged 6.21%. The 15-year FRM on Friday averaged 5.94% with an average 0.4 [...]

Rates Rise Slightly, Still Low

December 18, 2006 by admin · Leave a Comment 

Freddie Mac’s Primary Mortgage Market Survey showed the 30-year fixed-rate mortgage (FRM) averaging 6.12% with an average 0.4 point for the week ending December 14, 2006, up slightly from the prior week when it averaged 6.11%. Last year at this time, the 30-year FRM averaged 6.30%. The 15-year FRM on Friday averaged 5.86% with an [...]

Mortgage Rates Inch Downward Again

March 27, 2006 by admin · Leave a Comment 

Freddie Mac’s Primary Mortgage Market Survey showed the 30-year fixed-rate mortgage (FRM) averaging 6.32%, with an average 0.6 point, for the week ending March 23, 2006, down from the prior week’s average of 6.34%. Last year at this time, the 30-year FRM averaged 6.01%. The average for the 15-year FRM on Friday was 5.97%, with [...]

New to Applying for a Mortgage? Here’s What You Need to Know

September 29, 2005 by admin · Leave a Comment 

Applying for your first home mortgage in Nashville might seem like an easy process simply because people buy and sell homes every day. However, buying a home is not like buying a new bike or even a new car, and applying for a home mortgage can be a time consuming process requiring a lot of [...]

Hurricanes and Mortgages…What?!?

September 8, 2005 by admin · Leave a Comment 

So what do hurricanes and mortgage rates in Nashville have in common? At first glance not a darn thing, but if you look at the history of destructive hurricanes in the United States and mortgage rates, they are actually very copacetic. In fact, in every case when a hurricane category 2 or higher has made [...]

Nashville Market Update

August 15, 2005 by admin · Leave a Comment 

With summer drawing to a close and school having just begun, we are starting to see the annual lull in the Nashville real estate market. Typically, homes will sit on the market for 2-4 weeks longer during this time of the year due to the fact that the new school year simply “drains your energy [...]

Buyers: We work for FREE!!

July 25, 2005 by admin · 1 Comment 

Very often buyers don’t know that they can use the services of a real estate professional without paying a fee for their services since sellers traditionally pay all of the commissions. It just makes good sense for a buyer to be represented in a real estate transaction. If a buyer contacts the agent of the [...]

How Much Does It Really Cost to Buy a Home?

July 3, 2005 by admin · 2 Comments 

Well, that depends on a number of factors, including the cost of the house and the type of home loan you get. In general, you need to come up with enough money to cover three costs: the deposit you make on the home when you submit your offer – known as earnest money; the down [...]

Nashville Market Update

June 23, 2005 by admin · Leave a Comment 

Houses are selling like crazy! My most recent listing in Brentwood was only on the market for 3 days and the owners sold for $4,000 more than asking price!! It is my opinion that the market will only get hotter as June turns to July and only begin to slow back down towards the middle [...]