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7/1 ARM Mortgage Rates in Tennessee

Updated: December 02, 2021

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Displaying rates for Mortgage Refinance in TN for $200,000

4.411%

APR
7 Year ARM
4.375% Rate $999/mo
  • Updated December 02, 2021
  • We have a personal way!

2.237%

APR
7 Year ARM
2.125% Rate $752/mo
  • Updated December 02, 2021
  • A Digital Mortgage With A personal Touch.
PRODUCTS RATES +/-
30 Year Fixed 3.00%
15 Year Fixed 2.56%
5/1 ARM 4.56%
Thursday, December 02, 2021

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Mortgage rates for Tennessee go down to 3.00%

Thursday, December 2, 2021

Mortgage rates for Tennessee on Lender411 for 30-year fixed-rate mortgages are at 3.00%. That dropped from 3.00% to 3.00%. The 15-year fixed rates are now at 2.56%. The 5/1 ARM mortgage for Tennessee is now at 4.56%.

7/1 ARM Mortgage Rate Explained

7/1 ARM is an adjustable rate mortgage where the interest rate on the loan remains constant for the first 7 years. After that the rate will change based on its "margin" and "index" . Above you will find 5/1 ARM refinance rates for national and local lenders in Tennessee. 

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