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Nebraska

Current Nebraska Mortgage Rates

Compare mortgage rates and closing costs for leading lenders in Nebraska. Review free, personalized mortgage rates for Nebraska based on your specifc loan amount, program and other factors. Easily compare APRs, fees and monthly payments to find the lender offering the best mortgage terms.

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

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Mortgage Rates for Nebraska as of July 12, 2020
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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.
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How Do Today's Nebraska Mortgage Rates Compare?

July 12, 2020

The current average rate for a 30 year fixed rate mortgage in Nebraska 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
Nebraska Rates
National
Average
Comparison
30 Year Fixed Rate
A.AAA%
3.650%
15 Year Fixed Rate
B.BBB%
3.090%
5/1 Adjustable Rate Mortgage
C.CCC%
3.390%

How Affordable is Housing in Nebraska?

Below we offer valuable insights on the housing market and real estate prices in Nebraska. Understand how much you need to make to buy a house in Nebraska, including the mortgage you need. Review the monthy loan payment so you can determine if home ownership in Nebraska is affordable for you. We provide this helpful information to help you decide if living in Nebraska is right for you.

The median home value for Nebraska is $170,244

Based on current mortgage rates and a 10% down payment, the income required to buy the median priced home in Nebraska is $30,640

With this income, you could qualify for a $153,220 mortgage, assuming your monthly debt expense is reasonable

Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Nebraska is $710

The median household income for Nebraska is $60,735

Based on this income, you can afford a home valued at approximately $337,467

The home price you can afford to buy based on household income in Nebraska is 198% of the median home value which means housing prices are super affordable. Nebraska ranks 5 out of 50 states for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the real estate market in Nebraska is super affordable

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Additional Mortgage Resources for Nebraska Residents

Mortgage Rates for Nebraska Cities

Grand Island Mortgage Rates

Lincoln Mortgage Rates

Omaha Mortgage Rates

Papillion Mortgage Rates