Compare mortgage rates and fees for leading lenders in Oxnard, 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 Oxnard.
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December 11, 2019
The current average rate for a 30 year fixed rate mortgage in Oxnard 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 Oxnard, CA (Ventura County) is $629,235
The median household income for Oxnard, CA (Ventura County) is $84,478
Based on current mortgage rates and a 10% down payment, you need to make $116,743 per year to buy the median priced home in Oxnard
The home price you can afford to buy based on household income in Oxnard is 72% of the median home value which means housing prices are very expensive
Oxnard (Ventura County) ranks 39 out of 58 counties in California and 3,105 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Oxnard, 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 Oxnard (Ventura County) below.
Conforming loan limits for Oxnard, CA
FHA loan limits for Oxnard, CA
VA loan limits for Oxnard, 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