With mortgage interest rates rising fast, Tennessee homebuyers may be in for a pleasant surprise. THDA’s Great Choice mortgage program is very competitively priced. “Encouraging homeownership is tremendously important to the state economically, but the benefits on the individual family level are even more important,” said THDA Executive Director Ralph M. Perrey. “When families own their own homes, they have opportunities to build equity and create wealth for their long-term financial security.
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