Nashville Mortgage Rates Continue Record Fall

Nashville Mortgage Rates Continue Record FallGrant HammondMay 7, 2009February 8, 2026

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. The one-year ARM slipped to 4.77 percent from 4.82 percent. It would seem that there is no bottom to Nashville mortgage rates, but we know that there must be so I would refinance that high rate mortgage this go around.

Seriously, it you are considering refinancing your Nashville home loan, do it very soon.

Grant Hammond

Grant Hammond is a Nashville real estate broker at Compass RE with 25 years of experience and over $1 billion in career sales. He is Nashville's most active Airbnb investment broker, having completed more than 550 short-term rental transactions across Davidson County. His expertise spans luxury homes, downtown high-rise condos, Brentwood communities, and purpose-built non-owner-occupied STR developments. His market analysis has been cited by The Wall Street Journal, the Los Angeles Times, The Tennessean, and the Nashville Business Journal.