Tennessee Mortage Rates

Tennessee Mortage Rates

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Tennessee Mortage Rates

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Tennessee Mortage Rates as of 08/27/08

PRODUCT	RATE		CHANGE
30 Year Fixed	6.04%		0.00%
15 Year Fixed	5.61%		0.00%
30 Year Fixed Jumbo	6.73%		0.02%
15 Year Fixed Jumbo	6.36%		0.00%
5 Year Balloon	6.46%		0.00%
7 Year Balloon	6.68%		0.00%
1/1 ARM	5.79%		-0.01%
3/1 ARM	5.88%		0.00%
5/1 ARM	5.64%		-0.04%
1/1 Jumbo ARM	5.85%		0.01%
3/1 Jumbo ARM	5.93%		0.04%
5/1 Jumbo ARM	6.03%		-0.01%
FHA 30 Year Fixed	5.90%		-0.04%
FHA 1 Yr ARM	5.70%		0.03%
VA 30 Year Fixed	5.88%		-0.08%

Before applying for mortage loans or mortage refinance, you should always remember that Tennessee state mortage rates fluctuate on a daily basis. Therefore it is important to revisit this site often to obtain the latest mortage rates for Tennessee state before applying for a new mortgage or refinancing your current mortage. Above you will find today's mortage rates for the most popular mortage products available in Tennessee state. These rates are based on more than 200 Tennessee state mortage companies poll for their mortage products and offers and are updated daily. These mortage rates, as well as the list of Tennessee mortage companies with their current mortage offerings, should give you a good starting point for your mortage related search.

Mortage industry news

Blacks, Hispanics more likely to pay high mortgage rates, study finds CHARLOTTE, N.C. - Black and Hispanic home buyers are more likely to pay high mortgage rates than White borrowers with similar credit ratings and income levels, an advocacy group found. (full story)	Royal, BMO hike mortgage rates for six-month, one-year, two-year terms ... CBC News - TORONTO (CP) - RBC Royal Bank (TSX:RY) and Bank of Montreal (TSX:BMO) are raising short-term mortgage rates Tuesday while leaving longer-term rates unchanged, the banks announced Monday. At (full story)
Toledo, 3 regional cities on affordable-home list Toledo Blade - Toledo and three other cities in northwest Ohio and southeast Michigan are listed among the top 30 most affordable housing markets. Lima was the highest-ranked local community, at third (full story)	Tri-Cities ranks low in foreclosures vs. other metro areas Kingsport Times-News - The Tri-Cities ranked 74th in foreclosures among the 100 largest metropolitan areas, according to RealtyTrac. That's below No. 4 Memphis, No. 31 Charlotte, No. 36 Nashville, No. (full story)

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8/27/2008 6:49 PM