»
»
Sierra Vista

Current Mortgage Rates in Sierra Vista, Arizona

Compare mortgage rates and fees for leading lenders in Sierra Vista, 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 Sierra Vista.

We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Sierra Vista. Plus, shopping lenders is free and there is no obligation.

%
Mortgage Rates in Sierra Vista, AZ as of April 5, 2020
  • Lender
  • APR
  • Loan Type
  • Rate
  • Payment
  • Fees
  • Contact
Data provided by Informa Research Services. Payments do not include amounts for taxes and insurance premiums. Click for more information on rates and product details.
PERSONALIZED MORTGAGE QUOTE

$
LEADING LENDERS ● LOW RATES ● FREE ● NO SSN

How Do Today's Sierra Vista, AZ Mortgage Rates Compare?

April 5, 2020

The current average rate for a 30 year fixed rate mortgage in Sierra Vista 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%

Mortgage Program
Today's
Sierra Vista, AZ Rates
National
Average
Comparison
30 Year Fixed Rate
A.AAA%
3.650%
15 Year Fixed Rate
B.BBB%
3.090%
5/1 Adjustable Rate Mortgage
C.CCC%
3.390%

How Affordable is Housing in Sierra Vista, Arizona?

Below we provide helpful information on the real estate market, home prices and housing affordability in Sierra Vista. Understand how much you need to earn to afford a home in Sierra Vista, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Sierra Vista fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Sierra Vista is right for you.

The median home value for Sierra Vista, AZ (Cochise County) is $182,388

Based on current mortgage rates and a 10% down payment, you need to make $32,825 per year to buy the median priced home in Sierra Vista

With this income, you could qualify for a $164,149 mortgage, assuming your monthly debt expense is reasonable

Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Sierra Vista is $760

The median household income for Sierra Vista, AZ (Cochise County) is $50,461

Based on this income, you can afford a home valued at approximately $280,382

The home price you can afford to buy based on household income in Sierra Vista is 154% of the median home value which means housing prices are average. Sierra Vista (Cochise County) ranks 6 out of 15 counties in Arizona and 2,472 out of 3,142 counties in the United States for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the housing market in Sierra Vista, AZ is average

orange-simple-house
ruler

Loan Limits for Sierra Vista, Arizona

Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Sierra Vista (Cochise County) below.

Conforming loan limits for Sierra Vista, AZ

1 unit: $510,400
2 units: $653,550
3 units: $789,950
4 units: $981,700

FHA loan limits for Sierra Vista, AZ

1 unit: $331,760
2 units: $424,800
3 units: $513,450
4 units: $638,100

VA loan limits for Sierra Vista, AZ

1 unit: $510,400

Additional Mortgage Resources for Sierra Vista, AZ Residents

Mortgage Rates for Arizona Cities

Apache Mortgage Rates

Casa Grande Mortgage Rates

Flagstaff Mortgage Rates

Lake Havasu Mortgage Rates

Navajo Mortgage Rates

Phoenix Mortgage Rates

Prescott Mortgage Rates

Sierra Vista Mortgage Rates

Tucson Mortgage Rates

Yuma Mortgage Rates