What is current rate for 20 year fixed mortgage in Memphis, TN

Please give me a call and I'll be happy to go over some rates/options for you. 423-946-5688Jonathan TiptonBenchmark Home Loans

Many people ask this question and there is no way to easily answer - there are a lot more questions and info needed to quote a rate: purchase or refinance, amount of downpayment/equity (Loan-to-value), type of mortgage, type of property (condo?), term of the loan (30 years?), fixed rate or ARM, use of the property- primary residence/vacation/rental, how much you want to pay in lender and other fees, when you are closing (30 days?), etc. Depending on fees, around 3.75-4% is likely the best option. Usually your best option is to have answers to these questions handy and then check with 2-3 reputable lenders to find out their rate and fees (on the same day since rates can change from day to day, and sometimes several times the same day). You may believe you know the best option but an experienced mortgage lender may be able to show you a better alternative for your situation and qualifications. I can help: pdumouchel@primelending.com or 843-619-6025 http://pdumouchel.primelending.com **PrimeLending was the #4 purchase mortgage lender in the US in 2012 and 2013 as determined by MarketTrac(c) for Jan-Dec 2012 & 2013.