Compare mortgage rates and fees for leading lenders in Mt. Juliet, 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 Mt. Juliet.
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November 11, 2019
The current average rate for a 30 year fixed rate mortgage in Mt. Juliet 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 Mt. Juliet, TN (Wilson County) is $286,220
The median household income for Mt. Juliet, TN (Wilson County) is $68,144
Based on current mortgage rates and a 10% down payment, you need to make $53,103 per year to buy the median priced home in Mt. Juliet
The home price you can afford to buy based on household income in Mt. Juliet is 128% of the median home value which means housing prices are average
Mt. Juliet (Wilson County) ranks 91 out of 95 counties in Tennessee and 2,800 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Mt. Juliet, TN is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Mt. Juliet (Wilson County) below.
Conforming loan limits for Mt. Juliet, TN
FHA loan limits for Mt. Juliet, TN
VA loan limits for Mt. Juliet, 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