Compare mortgage rates and fees for leading lenders in Flagstaff, 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 Flagstaff.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Flagstaff. Plus, shopping lenders is free and there is no obligation.
December 9, 2019
The current average rate for a 30 year fixed rate mortgage in Flagstaff 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 Flagstaff, AZ (Coconino County) is $303,476
The median household income for Flagstaff, AZ (Coconino County) is $55,159
Based on current mortgage rates and a 10% down payment, you need to make $56,304 per year to buy the median priced home in Flagstaff
The home price you can afford to buy based on household income in Flagstaff is 98% of the median home value which means housing prices are expensive
Flagstaff (Coconino County) ranks 14 out of 15 counties in Arizona and 3,011 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Flagstaff, AZ is expensive
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Flagstaff (Coconino County) below.
Conforming loan limits for Flagstaff, AZ
FHA loan limits for Flagstaff, AZ
VA loan limits for Flagstaff, 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