Tennessee Mortgage Rates - Current Rates and News

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Tennessee - TN Mortgage Rates

  Before applying for mortgage loans you should always remember that mortgage rates fluctuate on a daily basis. Therefore it becomes important to research mortgage rates in your state before applying for a new mortgage or refinancing your current mortgage.

Below you will find a list of mortgage rates in Tennessee. These rates are based on national averages. These Tennessee mortgage rates should give you a good starting point for your research.

Tennessee Mortgage Rates

  Tennessee Mortgage Rates and Indicators
   
Current
Change
  30 Yr Fixed
6.01%
-0.04%
  15 Yr Fixed
5.60%
0.00%
  1 Year ARM
5.18%
-0.11%
  Fed Reserve Prime
5.00%
-0.25%
  30 Yr Treasury Bond
4.57%
-0.01%
Based On National Averages  

Tennessee Mortgage News

Meeting Minutes Say FOMC Doesn't Want to Ease Even if U.S. Growth Slows
  In unusually explicit language, the minutes of the Federal Open Market Committee's (FOMC) April 29-30 meeting said the decision to cut rates at the last meeting was "a close call" and that policy-makers will be reluctant to further cut rates even in the face of negative growth.
Hurricane Coverage May Also Fall Victim to Credit Crunch
  The mortgage crisis has created yet another concern that could directly impact homeowners and, strangely enough, it is Mother Nature.
Fed's Warsh Urges Policy Makers to Focus on Inflation
  Kevin Warsh, a voting member of the Federal Reserve Board, signalled concerns about inflation and said fellow Fed members need to be cautious in cutting rates.
Interest Rates Still Moving Within a Narrow Range; Applications Down
  Weekly Mortgage Market Report
Wednesday's Events: FOMC Minutes, DOE Oil Inventories
  Canadian CPI and the FOMC minutes are the highlights of the North American economic events, but with crude oil surging to new record highs on Wednesday morning, the Department of Energy's weekly oil inventories are not to be ignored.

 
      Major Cities Include: Memphis, Knoxville, Chattanooga, Clarksville, Murfreesboro, Jackson, Johnson City, Kingsport, Franklin, Hendersonville, Cleveland, Columbia, Collierville, Oak Ridge, Smyrna, Bristol, Cookeville, Brentwood, Gallatin, Maryville, East Ridge, Lebanon, La Vergne, Tullahoma, Dyersburg, Shelbyville, Greeneville, Springfield, Goodlettsville, Elizabethton, Athens, Mount Juliet, Dickson, Sevierville, Union City, Lawrenceburg, Brownsville, Martin, Millington, Lewisburg



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