Compare mortgage rates and fees for leading lenders in Lake Havasu, 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 Lake Havasu.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Lake Havasu. Plus, shopping lenders is free and there is no obligation.
September 22, 2019
The current average rate for a 30 year fixed rate mortgage in Lake Havasu 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 Lake Havasu, AZ (Mohave County) is $177,994
The median household income for Lake Havasu, AZ (Mohave County) is $42,838
Based on current mortgage rates and a 10% down payment, you need to make $33,024 per year to buy the median priced home in Lake Havasu
The home price you can afford to buy based on household income in Lake Havasu is 130% of the median home value which means housing prices are average
Lake Havasu (Mohave County) ranks 12 out of 15 counties in Arizona and 2,794 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Lake Havasu, AZ is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Lake Havasu (Mohave County) below.
Conforming loan limits for Lake Havasu, AZ
FHA loan limits for Lake Havasu, AZ
VA loan limits for Lake Havasu, 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