Compare Current Lincoln, Nebraska Mortgage Rates

Compare Lincoln, NE mortgage rates and fees from top lenders. 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 lowest mortgage rates in Lincoln.

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

Lincoln, NE Mortgage Rates as of June 22, 2024
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Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes, insurance premiums or private mortgage insurance if applicable. Actual payments will be greater with taxes and insurance included. Read through our lender table disclaimer for more information on rates and product details.

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Compare Today's Lincoln, NE Mortgage Rates

June 22, 2024

Current mortgage rates in Lincoln, NE are % for a 30 year fixed rate loan, % for a 15 year fixed loan and % for a 5/1 adjustable rate mortgage (ARM)

Mortgage Program
Lincoln, NE Rates
30 Year Fixed Rate
15 Year Fixed Rate
5/1 Adjustable Rate Mortgage

How Affordable is Housing in Lincoln, Nebraska?

Below we provide helpful information on the real estate market, home prices and housing affordability in Lincoln. Understand how much you need to earn to afford a home in Lincoln, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Lincoln fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Lincoln is right for you.

The median home value for Lincoln, NE (Lancaster County) is $266,000

Based on current mortgage rates and a 10% down payment, you need to make $55,492 per year to buy the median priced home in Lincoln

With this income, you could qualify for a $239,400 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 Lincoln is $1,285

The median household income for Lincoln, NE (Lancaster County) is $65,929

Based on this income, you can afford a home valued at approximately $316,029

The home price you can afford to buy based on household income in Lincoln is 119% of the median home value which means housing prices are average. Lincoln (Lancaster County) ranks 93 out of 93 counties in Nebraska and 2,529 out of 3,142 counties in the United States for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the housing market in Lincoln, NE is average


Loan Limits for Lincoln, Nebraska

Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Lincoln (Lancaster County) below.

Conforming loan limits for Lincoln, NE

1 unit: $726,200
2 units: $929,850
3 units: $1,123,900
4 units: $1,396,800

FHA loan limits for Lincoln, NE

1 unit: $472,030
2 units: $604,400
3 units: $730,525
4 units: $907,900

VA loan limits for Lincoln, NE

1 unit: $726,200

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