Mortgage Rate Remain Steady

The 30-year fixed mortgage rate held steady at 6.73% last week, which Freddie Mac chief economist Frank Nothaft attributes to recent economic data failing to have any impact on inflation forecasts. The five-year adjustable Nashville mortgage rate also stayed firm, averaging 6.35%. The 15-year fixed mortgage rate slipped a notch to 6.38% from 6.39%, while the one-year adjustable rate bumped up to 5.72% from 5.71%. The 30-year fixed rate was 6.80% at this time last year, while the 15-year rate stood at 6.41% and the five-year and one-year adjustable rates at 6.36% and 5.80%, respectively.

The Remarkable Homes Team is also very excited to announce our new Nashville commercial brokerage for wealthy individuals and small groups. Ask us how we can maximize your cash return on real estate in Tennessee!

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Mortgage Rate Remain Steady

The 30-year fixed mortgage rate held steady at 6.73% last week, which Freddie Mac chief economist Frank Nothaft attributes to recent economic data failing to have any impact on inflation forecasts. The five-year adjustable Nashville mortgage rate also stayed firm, averaging 6.35%. The 15-year fixed mortgage rate slipped a notch to 6.38% from 6.39%, while the one-year adjustable rate bumped up to 5.72% from 5.71%. The 30-year fixed rate was 6.80% at this time last year, while the 15-year rate stood at 6.41% and the five-year and one-year adjustable rates at 6.36% and 5.80%, respectively.

The Remarkable Homes Team is also very excited to announce our new Nashville commercial brokerage for wealthy individuals and small groups. Ask us how we can maximize your cash return on real estate in Tennessee!

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New Commercial Real Estate Services For Investors

The Remarkable Homes Team is very proud to announce our new dedicated service for Nashville commercial real estate investors serving the entire middle Tennessee area. This service is headed by Mr. Todd McCalla of Cumberland Commercial Partners in an exclusive partnership with the Remarkable Homes residential Team.

This service is designed to guide the commercial investment of wealthy individuals and small groups in our area. This dedicated service will provide total portfolio management, including commercial property management and tax services.

Visit Nashville’s most dedicated investment website: http://www.remarkablehomes.com/

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New Commercial Real Estate Services For Investors

The Remarkable Homes Team is very proud to announce our new dedicated service for Nashville commercial real estate investors serving the entire middle Tennessee area. This service is headed by Mr. Todd McCalla of Cumberland Commercial Partners in an exclusive partnership with the Remarkable Homes residential Team.

This service is designed to guide the commercial investment of wealthy individuals and small groups in our area. This dedicated service will provide total portfolio management, including commercial property management and tax services.

Visit Nashville’s most dedicated investment website: http://www.remarkablehomes.com/

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Mortgage Rates Rise After 3 Weeks of Decline

Freddie Mac reported an increase in the 30-year fixed mortgage rate to 6.73% on Friday from 6.63% a week earlier, with chief economist Frank Nothaft expecting the benchmark to remain at or near this level for the remainder of the year.

The 15-year Nashville mortgage rate edged up to 6.39% from 6.3% over the same time span, and the five-year adjustable mortgage rate climbed to 6.35% from 6.29%. Meanwhile, interest on one-year ARMs held steady at 5.71%. Nothaft attributes the jump in borrowing costs to a positive June jobs report and a jump in consumer credit in May.

Remember, when buying or selling Middle Tennessee or Nashville Real Estate , trust The Remarkable Homes Team! We specialize in Belle Meade Real Estate , Brentwood Real Estate , Cool Springs Real Estate , Franklin Real Estate , Green Hills Real Estate , and of course Nashville . We have been assisting clients buy property in Middle Tennessee for over 12 years. With well over $120,000,000 in closed sales, it is a testament to our integrity, professionalism, and dedication to our clients.

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Mortgage Rates Rise After 3 Weeks of Decline

Freddie Mac reported an increase in the 30-year fixed mortgage rate to 6.73% on Friday from 6.63% a week earlier, with chief economist Frank Nothaft expecting the benchmark to remain at or near this level for the remainder of the year.

The 15-year Nashville mortgage rate edged up to 6.39% from 6.3% over the same time span, and the five-year adjustable mortgage rate climbed to 6.35% from 6.29%. Meanwhile, interest on one-year ARMs held steady at 5.71%. Nothaft attributes the jump in borrowing costs to a positive June jobs report and a jump in consumer credit in May.

Remember, when buying or selling Middle Tennessee or Nashville Real Estate , trust The Remarkable Homes Team! We specialize in Belle Meade Real Estate , Brentwood Real Estate , Cool Springs Real Estate , Franklin Real Estate , Green Hills Real Estate , and of course Nashville . We have been assisting clients buy property in Middle Tennessee for over 12 years. With well over $120,000,000 in closed sales, it is a testament to our integrity, professionalism, and dedication to our clients.

If you enjoyed this post, you might also enjoy:
First Time Home Buyers Tax Credit Explained
Tennessee Realtors Look For Another Job
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