Current Tennessee Mortgage Rates
Average market rates for April 24, 2026 in Tennessee are 6.31% for 30-year fixed purchase and 6.37% for 30-year fixed refinance
| Product | Rate | APR |
|---|
| 30-year Fixed Purchase | 6.31% | 6.34% |
| 30-year Fixed Refinance | 6.37% | 6.40% |
Rates based on market averages as of Apr 23, 2026.Mortgage Rate Trends in Tennessee
| Product | Rate | APR |
|---|
| 30-year Fixed Purchase | 6.31% | 6.34% |
| 30-year Fixed Refinance | 6.37% | 6.40% |
Rates based on market averages as of Apr 23, 2026.Tennessee Purchase Rates
| Product | Rate | APR |
|---|
| 15-year Fixed Purchase | 5.49% | 5.53% |
| 15-year Fixed Jumbo Purchase | 6.11% | 6.14% |
| 30-year Fixed Purchase | 6.31% | 6.34% |
| 30-year Fixed Jumbo Purchase | 6.87% | 6.89% |
Rates based on market averages as of Apr 23, 2026.Tennessee Refinance Rates
| Product | Rate | APR |
|---|
| 15-year Fixed Refinance | 5.45% | 5.49% |
| 15-year Fixed Jumbo Refinance | 6.10% | 6.13% |
| 30-year Fixed Refinance | 6.37% | 6.40% |
| 30-year Fixed Jumbo Refinance | 6.94% | 6.96% |
Rates based on market averages as of Apr 23, 2026.Tennessee ARM Rates
| Product | Rate | APR |
|---|
| 5/6 Arm (purchase) | 5.90% | 5.94% |
| 5/6 Arm (refinance) | 5.99% | 6.03% |
| 5/6 Jumbo Arm (purchase) | 5.95% | 5.96% |
| 5/6 Jumbo Arm (refinance) | 5.86% | 5.87% |
Rates based on market averages as of Apr 23, 2026.How we source rates and rate trends
×
Rate data in the charts and tables above comes from
RateUpdate.com.
The displayed rates come from multiple providers and represent market averages. Your mortgage rate will differ
based on individual factors like your credit score as well as differing loan types and terms offered by lenders.
Most Common Mortgage Types in Tennessee
- Conventional: 67,968 loans
- VA: 10,455 loans
- FHA: 13,457 loans
- USDA: 2,810 loans
Top Purchase Lenders in Tennessee by Volume
- Mortgage Investors Group, Inc.: 5,139 loans
- Rocket Mortgage, LLC: 3,447 loans
- Mortgage Research Center, LLC: 2,844 loans
- Movement Mortgage, LLC: 2,828 loans
- Cmg Mortgage, Inc.: 2,546 loans
- First Community Mortgage, Inc.: 2,507 loans
- Firstbank: 2,280 loans
- Regions Bank: 1,753 loans
- Loandepot.com, LLC: 1,730 loans
- Pinnacle Bank: 1,728 loans
Top Refinance Lenders in Tennessee by Volume
- Regions Bank: 1,330 loans
- First Horizon Bank: 1,025 loans
- Rocket Mortgage, LLC: 997 loans
- U.S. Bank: 739 loans
- Pennymac Loan Services, LLC: 542 loans
- Firstbank: 498 loans
- Truist Bank: 489 loans
- Unknown: 480 loans
- Cadence Bank: 441 loans
- Wilson Bank And Trust: 364 loans
Top Cash-Out Refinance Lenders in Tennessee by Volume
- Rocket Mortgage, LLC: 7,727 loans
- Loandepot.com, LLC: 1,844 loans
- Freedom Mortgage Corporation: 1,620 loans
- Pennymac Loan Services, LLC: 1,532 loans
- Nationstar Mortgage LLC: 1,472 loans
- Amerisave Mortgage Corporation: 915 loans
- Wells Fargo Bank: 801 loans
- Ascend Federal Credit Union: 757 loans
- Knoxville Tva Employees Credit Union: 691 loans
- First Community Mortgage, Inc.: 684 loans
How we source lender data
Meet the Author
The Refi.com team is compiled of journalists, editors, and mortgage industry professionals to ensure you have the most accurate information on mortgage refinancing.
