Compare mortgage rates and fees for leading lenders in Green Cove Springs, FL. 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 Green Cove Springs.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Green Cove Springs. Plus, shopping lenders is free and there is no obligation.
December 16, 2019
The current average rate for a 30 year fixed rate mortgage in Green Cove Springs 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 Green Cove Springs, FL (Clay County) is $196,892
The median household income for Green Cove Springs, FL (Clay County) is $63,866
Based on current mortgage rates and a 10% down payment, you need to make $36,530 per year to buy the median priced home in Green Cove Springs
The home price you can afford to buy based on household income in Green Cove Springs is 175% of the median home value which means housing prices are average
Green Cove Springs (Clay County) ranks 26 out of 67 counties in Florida and 2,101 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Green Cove Springs, FL is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Green Cove Springs (Clay County) below.
Conforming loan limits for Green Cove Springs, FL
FHA loan limits for Green Cove Springs, FL
VA loan limits for Green Cove Springs, FL
Learn what price home you can afford to buy in Green Cove Springs
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