Compare mortgage rates and fees for leading lenders in Yolo, 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 Yolo.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Yolo. Plus, shopping lenders is free and there is no obligation.
December 9, 2019
The current average rate for a 30 year fixed rate mortgage in Yolo 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 Yolo, CA is $472,149
The median household income for Yolo, CA is $63,505
Based on current mortgage rates and a 10% down payment, you need to make $87,598 per year to buy the median priced home in Yolo
The home price you can afford to buy based on household income in Yolo is 72% of the median home value which means housing prices are very expensive
Yolo ranks 38 out of 58 counties in California and 3,104 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Yolo, 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 Yolo below.
Conforming loan limits for Yolo, CA
FHA loan limits for Yolo, CA
VA loan limits for Yolo, 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