Refinance Nashville Mortgages

March 13, 2009 · Print This Article

Think of Your Money Source when you are considering getting out from your current mortgage with a refinance. Nashville mortgages are near all-time low interest rates, and we have the best Nashville home mortgage loan rates you can find.

As of this writing, a homeowner with a “good”, but not great credit rating such as a FICO score in the 600’s can get fixed rates at and below historic levels for a new purchase or a refinance. Nashville mortgage rates like this are incredible when viewed against rates from previous years. Adjustable mortgages are available at even lower rates. Still, one reason many homeowners choose to refinance is to reduce risk by switching from an adjustable Nashville home loan to a fixed rate loan.

Actual rates depend on how many “points” you will accept. Points are really pre-paid interest, so if you are willing to pay more up front, your long-term monthly payments will be at a lower interest rate.

Locking in a fixed rate loan with us will provide you with a steady stream of savings every month when compared to your current mortgage. There has been a nationwide surge in homeowners making the choice to refinance. Nashville mortgages are being refinanced at a pace similar to the nationwide trend.

And Your Money Source is the best place to get Nashville home loans. Call us any time for the latest in mortgage loans and refinancing information, and find out if refinancing fits with your plans. Call Terrence Askew at 615-942-2210 now.

Written by Terrence Askew