Compare mortgage rates and fees for leading lenders in Brighton, 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 Brighton.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Brighton. Plus, shopping lenders is free and there is no obligation.
September 22, 2019
The current average rate for a 30 year fixed rate mortgage in Brighton 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 Brighton, CO (Adams County) is $343,249
The median household income for Brighton, CO (Adams County) is $66,046
Based on current mortgage rates and a 10% down payment, you need to make $63,684 per year to buy the median priced home in Brighton
The home price you can afford to buy based on household income in Brighton is 104% of the median home value which means housing prices are average
Brighton (Adams County) ranks 42 out of 64 counties in Colorado and 2,980 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Brighton, CO is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Brighton (Adams County) below.
Conforming loan limits for Brighton, CO
FHA loan limits for Brighton, CO
VA loan limits for Brighton, 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