Compare mortgage rates and fees for leading lenders in Marin, 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 Marin.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Marin. Plus, shopping lenders is free and there is no obligation.
August 19, 2019
The current average rate for a 30 year fixed rate mortgage in Marin 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 Marin, CA is $1,079,910
The median household income for Marin, CA is $107,904
Based on current mortgage rates and a 10% down payment, you need to make $200,357 per year to buy the median priced home in Marin
The home price you can afford to by based on household income in Marin is 54% of the median home value which means housing prices are very expensive
Marin ranks 53 out of 58 counties in California and 3,133 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Marin, 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 Marin below.
Conforming loan limits for Marin, CA
FHA loan limits for Marin, CA
VA loan limits for Marin, 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