Compare mortgage rates and fees for leading lenders in Humboldt, CA. 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 Humboldt.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Humboldt. Plus, shopping lenders is free and there is no obligation.
December 15, 2019
The current average rate for a 30 year fixed rate mortgage in Humboldt 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 Humboldt, CA is $356,744
The median household income for Humboldt, CA is $45,054
Based on current mortgage rates and a 10% down payment, you need to make $66,187 per year to buy the median priced home in Humboldt
The home price you can afford to buy based on household income in Humboldt is 68% of the median home value which means housing prices are very expensive
Humboldt ranks 42 out of 58 counties in California and 3,108 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Humboldt, CA is very expensive
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Humboldt below.
Conforming loan limits for Humboldt, CA
FHA loan limits for Humboldt, CA
VA loan limits for Humboldt, CA
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