Compare mortgage rates and fees for leading lenders in Apache, AZ. 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 Apache.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Apache. Plus, shopping lenders is free and there is no obligation.
December 11, 2019
The current average rate for a 30 year fixed rate mortgage in Apache 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 Apache, AZ is $52,858
The median household income for Apache, AZ is $33,349
Based on current mortgage rates and a 10% down payment, you need to make $9,807 per year to buy the median priced home in Apache
The home price you can afford to buy based on household income in Apache is 340% of the median home value which means housing prices are super affordable
Apache ranks 1 out of 15 counties in Arizona and 123 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Apache, AZ is super affordable
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Apache below.
Conforming loan limits for Apache, AZ
FHA loan limits for Apache, AZ
VA loan limits for Apache, AZ
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