Tennessee Mortgage Rates as of March 17, 2015

In March 2015 Tennessee borrowers were seeing some of the lowest mortgage rates in years. Thirty-year fixed rates hovered around the low fours while 15-year loans dipped into the high threes. Lenders were competing aggressively for refinance business, and many Tennessee homeowners locked in rates well below the national average.

This historical snapshot of rates provides perspective on how the market has changed over time. It also highlights the factors that influenced rates in 2015, such as Federal Reserve policy and regional economic conditions. For today’s mortgage rates and personalized quotes, visit our website.