Current Mortgage Rates in Morristown, Tennessee
Friday, September 05, 2008
Current Mortgage Rates*
Loan Type Morristown Average |
|
| 30-yr. fixed | 6.38% |
| 30-yr. fixed jumbo | 7.00% |
| 15-yr. fixed | 5.75% |
| 15-yr. fixed jumbo | 6.75% |
| 7/1 ARM | 6.25% |
| 7/1 ARM jumbo | 6.75% |
| 5/1 ARM | 6.00% |
| 5/1 ARM jumbo | 6.62% |
| 3/1 ARM | 5.88% |
| 3/1 ARM jumbo | 6.62% |
| 1-yr. ARM | 4.88% |
| 1-yr. ARM jumbo | 5.00% |
| 1-yr. LIBOR ARM | 5.38% |
*Mortgage Rates Updated: 09/04/2008
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Current Mortgage Rates in Morristown, Tennessee
| Morristown 30-yr. fixed Mortgage Rates | Morristown 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.14% | 7.49% | 2.30 | Citibank | 7.38% | 7.47% | 0.19 |
| Bank of America | 6.80% | 6.94% | 0.72 | Bank of America | 7.06% | 7.18% | 0.62 |
| Wachovia | 6.31% | 6.45% | 0.75 | Wells Fargo | 7.19% | 7.24% | 0.12 |
| Wells Fargo | 6.69% | 6.83% | 0.25 | Chase | 7.00% | 7.05% | 0.19 |
| Chase | 6.62% | 6.71% | 0.25 | ||||
| Fifth Third Bank | 6.50% | 6.56% | 0.34 | ||||
| Morristown 15-yr. fixed Mortgage Rates | Morristown 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.23% | 8.32% | 5.86 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 6.25% | 6.49% | 0.81 | Bank of America | 7.44% | 7.60% | 0.50 |
| Wachovia | 5.76% | 6.02% | 0.87 | Wells Fargo | 7.82% | 7.95% | 0.44 |
| Wells Fargo | 6.21% | 6.35% | 0.33 | Chase | 6.75% | 6.82% | 0.06 |
| Chase | 6.38% | 6.47% | 0.12 | ||||
| Fifth Third Bank | 5.95% | 6.06% | 0.38 | ||||
| Morristown 7/1 ARM Mortgage Rates | Morristown 7/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.69% | 7.15% | 0.19 | Citibank | 7.06% | 7.32% | 0.00 |
| Bank of America | 6.62% | 7.29% | 0.03 | Bank of America | 6.88% | 7.36% | 0.48 |
| Wachovia | 5.69% | 5.75% | 0.64 | Wells Fargo | 6.62% | 7.22% | 0.38 |
| Wells Fargo | 6.50% | 7.27% | 0.25 | Chase | 6.69% | 7.08% | 0.12 |
| Chase | 6.62% | 7.04% | 0.06 | ||||
| Morristown 5/1 ARM Mortgage Rates | Morristown 5/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.56% | 7.18% | 0.06 | Citibank | 7.06% | 7.36% | 0.00 |
| Bank of America | 6.65% | 6.13% | 0.82 | Bank of America | 8.07% | 6.65% | 1.05 |
| Wells Fargo | 6.44% | 7.03% | 0.25 | Wells Fargo | 7.06% | 7.16% | 0.19 |
| Chase | 6.38% | 7.04% | 0.06 | Chase | 6.88% | 7.25% | 0.06 |
| Fifth Third Bank | 6.17% | 5.92% | 0.30 | ||||
| Morristown 3/1 ARM Mortgage Rates | Morristown 3/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.69% | 7.33% | 0.00 | Citibank | 7.38% | 7.50% | 0.00 |
| Bank of America | 6.25% | 7.30% | 0.63 | Bank of America | 6.94% | 7.48% | 0.58 |
| Wachovia | 5.50% | 5.57% | 0.48 | Wells Fargo | 7.50% | 7.30% | 0.19 |
| Wells Fargo | 6.94% | 7.20% | 0.12 | Chase | 6.94% | 7.40% | 0.12 |
| Chase | 6.81% | 7.35% | 0.00 | ||||
| Fifth Third Bank | 5.72% | 5.72% | 0.26 | ||||
| Morristown 1-yr. ARM Mortgage Rates | Morristown 1-yr. ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.75% | 7.76% | 0.00 | Citibank | 7.00% | 7.90% | 0.00 |
| Bank of America | 6.88% | 7.66% | 0.04 | Wells Fargo | 7.25% | 7.74% | 0.12 |
| Wells Fargo | 7.25% | 7.78% | 0.12 | Chase | 7.12% | 7.62% | 0.00 |
| Chase | 6.12% | 7.53% | 0.12 | ||||
Banks in Morristown, Tennessee
Community National Bank of The Lakeway Area, 225 West First North Street, Morristown Tennessee 37814First Tennessee Bank, Morristown, Tennessee, 1112 West First North Street, Morristown Tennessee 37814
Franklin Federal Savings Bank, 622 W First North St, Morristown Tennessee 37814
Jefferson Federal Bank, 219 East First North Street, Morristown Tennessee 37814
Third National Bank In Hamblen County, 400 West Main Street, Morristown Tennessee 37814
Union Planters Bank of The Lakeway Area, 201 West Morris Boulevard, Morristown Tennessee 37813
United Southern Bank, 800 West Morris Boulevard, Morristown Tennessee 37814
Mortgage Statistics for Morristown, Tennessee
| Morristown | Tennessee | USA | |
|---|---|---|---|
| Population: Population - The population of Morristown, TN  |
47,311 | 5,681,673 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Morristown mortgage. |
42,222 | 4,527,914 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Morristown mortgage. |
2,278 | 921,219 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Morristown mortgage. |
3,164 | 122,798 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Morristown, TN, where you might buy a home. |
20,214 | 2,437,565 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Morristown, where you might apply for a Morristown mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Morristown, TN |
$80,996 | $93,711 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Morristown mortgage interest rates. |
$31,409 | $37,678 | $43,800 |