Compare mortgage rates and fees for leading lenders in Campbell, KY. 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 Campbell.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Campbell. Plus, shopping lenders is free and there is no obligation.
November 13, 2019
The current average rate for a 30 year fixed rate mortgage in Campbell 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 Campbell, KY is $191,150
The median household income for Campbell, KY is $58,957
Based on current mortgage rates and a 10% down payment, you need to make $35,464 per year to buy the median priced home in Campbell
The home price you can afford to buy based on household income in Campbell is 166% of the median home value which means housing prices are average
Campbell ranks 111 out of 120 counties in Kentucky and 2,267 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Campbell, KY is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Campbell below.
Conforming loan limits for Campbell, KY
FHA loan limits for Campbell, KY
VA loan limits for Campbell, KY
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