Tennessee — Wednesday, March 10, 2010

Zillow Mortgage Marketplace reports Tennessee mortgage rates for 30-year fixed-rate mortgages dropped 3 basis points from 4.98% to 4.95% on Wednesday. State mortgage rates ranged from the lowest rate of 4.71% (CA) to the highest rate of 5.38% (UT). Currently, Tennessee mortgage rates are 18 basis points higher than the national average of 4.77%.

The Tennessee mortgage rate on March 10, 2010, is up 2 basis points from last week's average Tennessee rate of 4.93%.