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Flathead

Current Mortgage Rates in Flathead, Montana

Compare mortgage rates and fees for leading lenders in Flathead, MT. 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 Flathead.

We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Flathead. Plus, shopping lenders is free and there is no obligation.

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Mortgage Rates in Flathead, MT as of December 11, 2019
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Data provided by Informa Research Services. Payments do not include amounts for taxes and insurance premiums. Click for more information on rates and product details.

How Do Today's Flathead, MT Mortgage Rates Compare?

December 11, 2019

The current average rate for a 30 year fixed rate mortgage in Flathead 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%

Mortgage Program
Today's
Flathead, MT Rates
National
Average
Comparison
30 Year Fixed Rate
A.AAA%
3.690%
15 Year Fixed Rate
B.BBB%
3.150%
5/1 Adjustable Rate Mortgage
C.CCC%
3.350%

How Affordable is Housing in Flathead, Montana?

The median home value for Flathead, MT is $300,526

The median household income for Flathead, MT is $52,982

Based on current mortgage rates and a 10% down payment, you need to make $55,757 per year to buy the median priced home in Flathead

The home price you can afford to buy based on household income in Flathead is 95% of the median home value which means housing prices are expensive

Flathead ranks 50 out of 56 counties in Montana and 3,025 out of 3,142 counties in the United States for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the housing market in Flathead, MT is expensive

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Loan Limits for Flathead, Montana

Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Flathead below.

Conforming loan limits for Flathead, MT

1 unit: $484,350
2 units: $620,200
3 units: $749,650
4 units: $931,600

FHA loan limits for Flathead, MT

1 unit: $318,550
2 units: $407,800
3 units: $492,950
4 units: $612,600

VA loan limits for Flathead, MT

1 unit: $484,350

Additional Mortgage Resources for Flathead, MT Residents

Mortgage Rates for Montana Cities

Billings Mortgage Rates

Bozeman Mortgage Rates

Flathead Mortgage Rates

Great Falls Mortgage Rates

Helena Mortgage Rates

Missoula Mortgage Rates

Sources

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