Buying a Home on a Private Road in East Tennessee: What You Need to Know Before You BuyBy John S. Wagner, Affiliate Broker/Realtor®Weichert, Realtors® - Saxon ClarkServing Kingsport, Johnson
Dated: July 1 2025
Views: 324
As we move into July 2025, homebuyers and homeowners across Tri-Cities, TN—including Johnson City, Kingsport, and Bristol—are keeping a close eye on mortgage rates. Whether you're buying your first home, upgrading, or refinancing, understanding the current rate trends can help you make informed decisions.
As of July 1, 2025, here’s what you need to know:
30-Year Fixed Mortgage: ~6.45% – 6.65%
15-Year Fixed Mortgage: ~5.75% – 5.95%
5/1 Adjustable Rate Mortgage (ARM): ~5.90% – 6.10%
Note: Rates vary based on credit score, down payment, loan type, and lender. Always consult a trusted mortgage professional for personalized quotes.
The market has slightly stabilized after months of fluctuation, but rates are still higher than they were just two years ago. That said, the Tri-Cities region remains one of the most affordable housing markets in Tennessee, making this a great time to act before rates rise again.
Tip: A strong pre-approval letter can still give you a competitive edge in this market!
I’m John S. Wagner, your local Tri-Cities real estate expert. Whether you're looking in Blountville, Bristol, Kingsport, Elizabethton, Gray, or Johnson City, I’m here to help you navigate the market with confidence and clarity.
📧 Email: WagsworldRealtor@gmail.com
📱 Call/Text: 423-276-3392
🌐 Website: WagsworldRealtor.com
Mortgage rates can feel overwhelming, but with the right guidance, they don’t have to be. Let’s sit down, go over your goals, and come up with a smart strategy that makes sense for your budget and lifestyle.
👉 Ready to take the next step? Contact me today, or visit WagsworldRealtor.com to get started.
John is a dedicated real estate professional serving the Tri-Cities of Northeast Tennessee.John was born and raised in Kingsport, Tennessee, and is a graduate of Sullivan Central High School. Although....
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