Compare mortgage rates and fees for leading lenders in Pocatello, ID. 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 Pocatello.
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December 16, 2019
The current average rate for a 30 year fixed rate mortgage in Pocatello 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 Pocatello, ID (Bannock County) is $176,826
The median household income for Pocatello, ID (Bannock County) is $48,839
Based on current mortgage rates and a 10% down payment, you need to make $32,807 per year to buy the median priced home in Pocatello
The home price you can afford to buy based on household income in Pocatello is 149% of the median home value which means housing prices are average
Pocatello (Bannock County) ranks 22 out of 44 counties in Idaho and 2,563 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Pocatello, ID is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Pocatello (Bannock County) below.
Conforming loan limits for Pocatello, ID
FHA loan limits for Pocatello, ID
VA loan limits for Pocatello, ID
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