Compare mortgage rates and fees for leading lenders in Aurora, CO. 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 Aurora.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Aurora. Plus, shopping lenders is free and there is no obligation.
October 19, 2019
The current average rate for a 30 year fixed rate mortgage in Aurora 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 Aurora, CO (Arapahoe County) is $408,791
The median household income for Aurora, CO (Arapahoe County) is $71,679
Based on current mortgage rates and a 10% down payment, you need to make $75,844 per year to buy the median priced home in Aurora
The home price you can afford to buy based on household income in Aurora is 95% of the median home value which means housing prices are expensive
Aurora (Arapahoe County) ranks 46 out of 64 counties in Colorado and 3,032 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Aurora, CO is expensive
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Aurora (Arapahoe County) below.
Conforming loan limits for Aurora, CO
FHA loan limits for Aurora, CO
VA loan limits for Aurora, CO
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