Compare mortgage rates and fees for leading lenders in Blountville, TN. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lender offering the best mortgage rates in Blountville.
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November 11, 2019
The current average rate for a 30 year fixed rate mortgage in Blountville is A.AAA%, the rate for a 15 year fixed rate mortgage is B.BBB% and the rate for a 5/1 adjustable rate mortgage (ARM) is C.CCC%
The median home value for Blountville, TN (Sullivan County) is $151,796
The median household income for Blountville, TN (Sullivan County) is $43,543
Based on current mortgage rates and a 10% down payment, you need to make $28,163 per year to buy the median priced home in Blountville
The home price you can afford to buy based on household income in Blountville is 155% of the median home value which means housing prices are average
Blountville (Sullivan County) ranks 75 out of 95 counties in Tennessee and 2,475 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Blountville, TN is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Blountville (Sullivan County) below.
Conforming loan limits for Blountville, TN
FHA loan limits for Blountville, TN
VA loan limits for Blountville, TN
US Census Bureau American Community Survey: https://www.census.gov/programs-surveys/acs
FHFA House Price Index: https://www.fhfa.gov/DataTools/Downloads/Pages/House-Price-Index-Datasets.aspx#qat
Income Growth: https://www.bls.gov
National Average Rates: http://www.freddiemac.com/pmms/
Conforming Loan Limits: https://www.fhfa.gov/DataTools/Downloads/Pages/Conforming-Loan-Limits.aspx
FHA Loan Limits: https://entp.hud.gov/idapp/html/hicostlook.cfm
VA Loan Limits: https://www.benefits.va.gov/homeloans/purchaseco_loan_limits.asp
FREEandCLEAR Housing Affordability Index