Compare mortgage rates and fees for leading lenders in Sutter, 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 Sutter.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Sutter. Plus, shopping lenders is free and there is no obligation.
December 11, 2019
The current average rate for a 30 year fixed rate mortgage in Sutter 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 Sutter, CA is $305,295
The median household income for Sutter, CA is $56,008
Based on current mortgage rates and a 10% down payment, you need to make $56,642 per year to buy the median priced home in Sutter
The home price you can afford to buy based on household income in Sutter is 99% of the median home value which means housing prices are expensive
Sutter ranks 20 out of 58 counties in California and 3,008 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Sutter, CA is expensive
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Sutter below.
Conforming loan limits for Sutter, CA
FHA loan limits for Sutter, CA
VA loan limits for Sutter, 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