If you are thinking about purchasing a new home, now is the time. Interest rates in Memphis are considerably low and it is difficult to tell when they will increase. The Fed has kept rates low up until now in order to boost the economy after the increase in foreclosures in the past year. Take a look at our list below to find the most competitive rate that applies to you.
30 Year Mortgage Loan Rate: $300,000
Mortgage Capital 30 Year fixed rate at 3.75% with an estimated monthly payment of $2,182
Quicken Loans 30 Year fixed rate at 4.13% with an estimated monthly payment of $2,238
