Tennessee Mortgage Rates
Mortgage Rates as on 02 May 2024 in Tennessee
| Mortgage Type | 3 Year | 5 Year | 10 Year | 15 Year | 20 Year | 30 Year |
|---|---|---|---|---|---|---|
| Fixed | - | - | 6.875 | 6.875 | 6.875 | 7.125 |
| Fixed APR | - | - | 7.229 | 7.128 | 7.111 | 7.306 |
| Adjustable | 8 | 7.875 | - | - | - | |
| Adjustable APR | 8.206 | 8.169 | - | - | - | |
| Jumbo | - | - | - | 7.125 | 7.375 | 7.375 |
| Jumbo APR | - | - | - | 7.396 | 7.611 | 7.539 |
| FHA | - | - | - | 7.25 | - | 7 |
| FHA APR | - | - | - | 9.045 | - | 7.916 |
| VA | - | - | - | 7.25 | - | 6.75 |
| VA APR | - | - | - | 8.674 | - | 7.108 |
Tennessee Mortgage Rates Updated on 02 May 2024
Tennessee Mortgage Rates Explained :
Tennessee Fixed Mortgage Rate :
In Tennessee State Fixed (Conventional) rate mortgage, the interest rate is fixed and won't change for the life of that home loan.
In Tennessee State Fixed (Conventional) rate mortgage, the interest rate is fixed and won't change for the life of that home loan.
Tennessee ARM Rate :
In Tennessee State Adjustable rate mortgage (ARM), the interest rate on the outstanding balance varies throughout the life of the loan at yearly or even monthly intervals.
In Tennessee State Adjustable rate mortgage (ARM), the interest rate on the outstanding balance varies throughout the life of the loan at yearly or even monthly intervals.
Tennessee Jumbo Jumbo Mortgage Rate :
A Tennessee jumbo mortgage, is a type of financing that exceeds the limits set by the Federal Housing Finance Agency (FHFA).
A Tennessee jumbo mortgage, is a type of financing that exceeds the limits set by the Federal Housing Finance Agency (FHFA).
Tennessee FHA Mortgage Rate :
In Tennessee State, Federal Housing Administration (FHA) loans are federally-backed mortgages designed for low-to-moderate-income borrowers.
In Tennessee State, Federal Housing Administration (FHA) loans are federally-backed mortgages designed for low-to-moderate-income borrowers.
Tennessee VA Mortgage Rate :
In Tennessee State, The VA loan is a $0 down mortgage available to Veterans, Service Members and select military spouses and guaranteed by the U.S. Department of Veterans Affairs (VA).
In Tennessee State, The VA loan is a $0 down mortgage available to Veterans, Service Members and select military spouses and guaranteed by the U.S. Department of Veterans Affairs (VA).
Tennessee APR :
In Tennessee State, Annual Percentage Rate (APR) is yearly cost of your loan, including any fees or costs in addition to the actual interest.
In Tennessee State, Annual Percentage Rate (APR) is yearly cost of your loan, including any fees or costs in addition to the actual interest.
About Tennessee Mortgage Rates
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Check Mortgage Rates in Tennessee. Best Mortgage Rates acquired from multiple options in Tennessee. Completely Secure & Total Privacy without any Email or Data Collection.