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Nashville Mortgage Rates are holding steady.

June 22, 2009 · Print This Article

Nashville Mortgage Rates are holding steady after a couple of weeks in which rates increased. Should you worry about rising rates? It all depends on your situation. If you are buying a home, an increase in rates will reduce your buying power. A higher rate means a higher payment. This will have a huge impact on what you qualify for. For some this may entail a smaller home. Debt to income is a very important factor that we must look at. If you are looking to buy a home soon, now may be the time to move forward.

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Written by Terrence Askew 

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