Southern Life Real Estate - Kent Patterson, Realtor

08/15/2026

Mortgage rates aren’t random. They’re affected by 2 numbers.

The 10-year treasury yield and something called "the spread." That's the gap between the 10-year treasury yield and mortgage rates, and it usually sits around 1.76 percentage points.

Back in 2023, the gap in the spread ballooned up to 3.19 in response to economic uncertainty. If it were still that wide today, rates would be pushing almost 8%.

But the good news is the gap has narrowed to 2.01 (a lot closer to the long-term norm). And that’s a big positive for rates. It’s why today’s mortgage rate is in the upper 6s instead of touching 8%.

Here's the part a lot of people miss. Where rates are right now are already pretty close to what a totally normal spread would produce – a mortgage rate around 6.5%.

In other words, the fact that the spread has narrowed in recent years has helped mortgage rates. Sure, they’re still higher than you may want, but it could be worse.

Wondering if...

08/15/2026

🛌 4 🛀 2 🚘 6
📍 7112 Cobb Road, Christiana, TN, 37037

My latest sale on RateMyAgent.
Tennessee Affiliate Broker 334173
https://rma.reviews/maptdwf0zyfs
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08/13/2026

Here’s Why Mortgage Rates Are What They Are Right Now

That’s the trade-off with a narrowing spread. Rates may not be where you want them, but they're better than they could've been. If you want help figuring out what that means for your monthly payment, reach out to a local lender

If you're waiting for mortgage rates to fall a lot before you buy, you may be waiting a while.

08/13/2026

My latest RateMyAgent review in Nashville-Davidson metropolitan government (balance).
Tennessee Affiliate Broker 334173
https://rma.reviews/3yo41djeh5r8
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08/12/2026

Welcome to 386 Huntington Ridge Drive, where convenience, comfort, and low-maintenance living come together in the heart of South Nashville. This inviting 2-bedroom, 2.5-bath townhome offers a spacious and functional two-story layout, making it an excellent choice for first-time buyers, busy professionals, or anyone looking for an easy, low-maintenance lifestyle. Recent updates include New HVAC(2026), new carpet(2026), and new insulation in the attic. The kitchen, baths, and water heater were updated in 2023.
The main level features comfortable living and dining spaces that flow seamlessly into the kitchen, creating a great setup for everyday living and entertaining. Upstairs, both bedrooms offer the privacy of their own en-suite bathrooms, while the additional half bath on the main level adds convenience for guests.
One of the home's standout features is the large private deck above the covered carport—perfect for morning coffee and relaxing outdoors. The attached covered parking also includes a generous storage area, providing plenty seasonal décor, or extra belongings.
Residents of Huntington Ridge enjoy access to two community pools and clubhouses, adding to the neighborhood's appeal. Ideally located just minutes from Nippers Corner, you'll enjoy easy access to shopping, dining, parks, and I-65, making commuting to downtown Nashville, Brentwood, and Cool Springs quick and convenient. Selling As-Is. Inspections welcome. Well maintained!

Unbranded Virtual Tour - https://www.zillow.com/view-imx/5c98d590-b009-444c-a06c-3bf5c008f418?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard View additional details about this listing: https://go.realtracs.com/1kRZ834

08/10/2026

Don’t Try To Time the Housing Market

Torn between buying a home now or holding out for the perfect moment? Trying to time the market rarely works. Rates, prices, inflation… These variables are all beyond your control. So, if you want or need to move, focus on your numbers instead. Because… “Ultimately, whether it’s a good time to buy comes down to your personal financial readiness.” If the math works, you can move. It’s that simple. Let’s chat if you want help thinking it over. No pressure, just perspective.

08/08/2026

Big Investors Are Backing Off and That’s Your Opening

Big investors are stepping back, and they're adding homes to the market as they go. If you've been waiting for a better shot at buying, this could be it. Let’s connect so you can see what's popping up in our area. You may have more options than you think.

For years, a lot of would-be homebuyers have worried about the same thing. How do you compete with big investors who can swoop in, pay cash, and snap up the houses you want?

08/06/2026

Thinking About Waiting for Lower Mortgage Rates? Read This First.

If you've been putting your home search on hold because you're convinced mortgage rates will be much lower soon, it may be worth taking another look at that strategy.

Let’s connect so you have an expert who can at least walk you through your options and decide whether waiting really puts you in a better position – or just keeps you on the sidelines a little longer.

Imagine waiting a year to buy a home, only to find mortgage rates haven't changed much. That may sound frustrating. But it's a real possibility.

08/06/2026

My latest RateMyAgent review in Nashville-Davidson metropolitan government (balance).
Tennessee Affiliate Broker 334173
https://rma.reviews/h28oi8pluww5
..

08/05/2026

MOVE IN READY!! Sellers offering $10k toward buyer's closing costs with acceptable offer! Welcome to 6013 Christmas Drive in the desirable Bent Creek Subdivision — a beautifully maintained home offering the perfect blend of comfort, style, and peaceful surroundings. Backing up to common area and scenic farmland, this property offers rare privacy and tranquil views that create a true retreat-like setting in Nolensville. Inside, the home features inviting living spaces filled with natural light and designed for both comfortable everyday living and effortless entertaining. With 3 bedrooms on the main floor, the open-concept layout flows seamlessly through the spacious kitchen, dining, and living areas, creating a warm and welcoming atmosphere. The primary suite offers a relaxing escape, while additional bedrooms provide flexibility for family, guests, or a home office. Step outside to enjoy the serene backyard setting with picturesque farmland views — perfect for morning coffee, evening sunsets, or outdoor gatherings with added privacy and no rear neighbors. New hot water heater. Residents of Bent Creek enjoy convenient access to shopping, dining, parks, and highly regarded schools, all while enjoying the charm and community feel that make Nolensville one of Middle Tennessee’s most sought-after areas. Don’t miss this opportunity to own a home with beautiful views and peaceful surroundings in Bent Creek! View additional details about this listing: https://go.realtracs.com/1kFsF4B