Compare mortgage rates and fees for leading lenders in Thibodaux, LA. 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 Thibodaux.
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December 9, 2019
The current average rate for a 30 year fixed rate mortgage in Thibodaux 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 Thibodaux, LA (Lafourche County) is $156,244
The median household income for Thibodaux, LA (Lafourche County) is $54,316
Based on current mortgage rates and a 10% down payment, you need to make $28,988 per year to buy the median priced home in Thibodaux
The home price you can afford to buy based on household income in Thibodaux is 187% of the median home value which means housing prices are average
Thibodaux (Lafourche County) ranks 44 out of 64 counties in Louisiana and 1,836 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Thibodaux, LA is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Thibodaux (Lafourche County) below.
Conforming loan limits for Thibodaux, LA
FHA loan limits for Thibodaux, LA
VA loan limits for Thibodaux, LA
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