Lowest Mortgage Rates in Knoxville: November 2011

Falling home values across the country, as well as here in Knoxville, are making today a perfect time to purchase a house at an affordable price. Even so, the cost of the property isn’t the only number you should factor into your decision. Mortgage rates in Knoxville will also have a huge impact on how much you pay for your new home.

If you’re planning on home ownership, ensure you take the time to get the best possible mortgage rate first. We’ve compiled the local Knoxville financial institutions with the very best interest rates on home loans right now. Find out if there’s a great deal near you.

Current Best Mortgage Rates in Knoxville, TN

Different mortgage types are going to offer different mortgage rates, but no matter what type of loan you choose, there’s bound to be a great deal in Knoxville. Below are the lowest mortgage rates offered by local Knoxville lenders today for a variety of home loan types.

Best 15-Year Fixed Mortgage Rates in Knoxville

• ORNL Federal Credit Union: 3.13%
• • Orig. Fees: 1%
  • Points: 0


• Home Federal Bank of Tennessee: 3.25%
• • No Orig. Fees
  • Points: 0


• Quicken Loans Inc: 3.25%
• • No Orig. Fees
  • Points: 1.75

Lowest 30-Year Fixed Mortgage Rates in Knoxville

• Knoxville TVA Employees Credit Union: 3.75%
• • Orig. Fees: 1%
  • Points: 0


• Quicken Loans Inc: 3.99%
• • No Orig. Fees
  • Points: 2


• GreenBank: 4.09%
• • No Orig. Fees
  • Points: 0

Top 3/1 ARM Knoxville Mortgage Rates

• Fifth Third Bank: 2.75%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• Branch Banking & Trust Company: 3%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• SunTrust Bank: 3.63%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Best Mortgage Rates in Knoxville for a 5/1 ARM

• SunTrust Bank: 2.63%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• Bank of America, National Association: 2.63%
• • No Orig. Fees
  • Points: 1.25
  • Caps: 2% per Adjustment Period


• Fifth Third Bank: 2.63%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Ensure you confirm these interest rates with the lender before applying. Mortgage rates are accurate as of 11/01/11, but may change at any time. Further, you may be subject to additional requirements or credit approval in order to obtain the lowest advertised Knoxville mortgage rate.