Nashville Real Estate Forum

Weekend Market Update

July 26-27, 2008

The trend remains up for interest rates, which are moving persistently but incrementally higher as forecast in our June 10 "Red Alert on Rates." The 10-year Treasury rose to a 4.11% yield in another volatile week of trading in the stock and bond markets. The good news is that rates are still in the historically low range that we have enjoyed since 2002, and the real estate market is ripe for opportunistic buyers.

30-Year Conventional Fixed

6.5% $200,000-$432,500

FHA-VA

6.5% $100,000-$432,500

Guaranteed Rural Housing w/no MI

6.75% $100,000-$432,500

30-Year Interest-Only Fixed

6.875% $100,000-$432,500

Call for free pre-approval and to discover

the best financing for you!

...by Gary Moore

Cell: 615-579-8658 Toll-free fax: 866-321-6513

"A single idea, if it is right, saves us the labor of an infinity of experiences."
- Jacques Maritain

Visit my website: http://BrentwoodHomeLoan.com

(0% points, 1% origination, 30-day lock. Market Update informs on market trends and is not a quote for a unique borrower.)