Nashville Mortgage Rates Hold Steady
The average interest on the benchmark mortgage rate held below the 6% threshold for the fourth consecutive week as 30-year loans remained at 5.88% this week, according to Freddie Mac."Once...
continue readingNashville Mortgage Rates Lower, Home Sales Up
Freddie Mac's Primary Mortgage Market Survey showed the 30-year fixed-rate mortgage (FRM) averaging 5.85% with an average 0.4 point for the week ending March 27, 2008, down from the prior...
continue readingNashville Makes News as Affordable Market
A newly-released study by Bizjournals.com ranked the 50 largest metropolitan areas in the U.S. as to housing affordability and Nashville ranked 16th! The study looked at median household income per...
continue readingMortgage Rates Drop Below 6%, Again
According to Freddie Mac's data, national average mortgage rates dropped back below 6% after spending more than a month above that threshold. Thanks to the Federal Reserve's aggressive moves to...
continue readingNashville February Home Prices and Sales Data
There were 1,892 residential closings in February 2008 as opposed to 2,575 in February 2007. Of those 1,892 closings, 1,488 were single family homes, 256 were condos, 121 were land,...
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