Compare mortgage rates and fees for leading lenders in Visalia, 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 Visalia.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Visalia. Plus, shopping lenders is free and there is no obligation.
November 15, 2019
The current average rate for a 30 year fixed rate mortgage in Visalia 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 Visalia, CA (Tulare County) is $216,354
The median household income for Visalia, CA (Tulare County) is $46,243
Based on current mortgage rates and a 10% down payment, you need to make $40,140 per year to buy the median priced home in Visalia
The home price you can afford to buy based on household income in Visalia is 115% of the median home value which means housing prices are average
Visalia (Tulare County) ranks 8 out of 58 counties in California and 2,898 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Visalia, CA is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Visalia (Tulare County) below.
Conforming loan limits for Visalia, CA
FHA loan limits for Visalia, CA
VA loan limits for Visalia, 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